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91 - Rite Aid

A pedestrian walks past a Rite Aid Corp. store in New York, U.S., on Wednesday, Dec. 14, 2016. Rite Aid Corp. is scheduled to release earnings figures on December 22. Photographer: Victor J. Blue/Bloomberg via Getty Images Victor J. Blue — Bloomberg via Getty Images

The proposed $9.4 billion merger between Rite Aid and Walgreens faces increasing scrutiny from the Federal Trade Commission. Rite Aid CEO John Standley has criticized what he says is a drawn-out regulatory process but has also admitted that the uncertainty around the deal is taking a hit on the pharmacy and drug store chain’s business. In a recent letter to employees, Standley seemed to imply that Rite Aid is mulling how to proceed if the deal falls through.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$30737
Revenue Percent Change15.9%
Profits ($M)$165.5
Profits Percent Change-92.2%
Assets ($M)$11277
Market Value — as of March 31, 2017 ($M)$4,473
Employees70,580
Previous Rank107

Company Facts

Employees70,580
SectorFood & Drug Stores
IndustryFood and Drug Stores
HQ LocationCamp Hill, PA
CEOJohn T. Standley
CEO Title-
Websitewww.riteaid.com
Years on Fortune 500 List23

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