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Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [10] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with over 2,000 stores, and ranked No. 148 in the Fortune 500 in 2022.
Ohio Valley Mall is a one-story enclosed shopping mall in Richland Township, outside St. Clairsville, Ohio. It was opened in 1978 and was developed by the Youngstown, Ohio -based Cafaro Company, which continues to own and manage it. The mall currently has four open anchor stores which are Boscov's, Dunham's Sports, Marshalls, and Michaels.
Lane Drug Company. The Lane Drug Company of Ohio (also referred to as "Lane’s Discount Drugs", or "Lane's), was a discount drugstore chain in the United States that was originally based in Toledo, Ohio. On 10 April 1989, the chain was acquired by Rite Aid Corporation of Harrisburg, Pennsylvania, and currently operates as a division of Rite Aid.
Loewenstein and Sons Hardware Building, also known as the Loewenstein Building or Rite Aid Building, is a historic commercial structure located at Charleston, West Virginia. It was designed by the Columbus, Ohio architectural firm of Yost & Packard . The building is 35,000 square feet (3,300 m 2) in a five-story pressed brick structure that ...
Rite Aid's adjusted operating profits from its retail pharmacy in the third quarter rose to $125.9 million from $88.6 million a year ago. Adjusted operating profits are up 6% year-to-date through ...
Rite Aid stores and pharmacies will be closed on December 25, 2023. A representative from Rite Aid told Country Living, "This is the first year our stores will be closed on Christmas Day.
Rite Aid is in much worse financial shape than its competitors. Over the past six years, Rite Aid has tallied nearly $3 billion in losses and its stock is down more than 90% for the year.
Peoples Drug was a chain of drugstores based in Alexandria, Virginia. Founded in 1905, Peoples was subsequently purchased by Lane Drug in 1975, Imasco in 1984, and finally by CVS in 1990, which continued to run the stores under the Peoples banner until 1994, at which time the stores were converted to CVS, marking the end of the use of the Peoples Drug name.
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