RITE AID

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Rite Aid is a full-services pharmacy company that improves health outcomes. Rite Aid is defining the modern pharmacy through its large breadth and depth of assets including more than 6300 pharmacists, 2350 stores, a mail pharmacy, specialty pharmacy, prescription benefits manager company, and e-commerce. Mission: As the trusted, everyday care connector, Rite Aid drives lower health care costs through better coordination, stronger engagement, and personalized services that help you achieve whole health for life.

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3.8

Overall Excellence Rating

Industry

Retail

Category

Drug & Health Stores

ESG/Ethical Impact

At Rite Aid, we are dedicated to developing sustainable business practices and believe energy efficiency is good for our community and our company.We’ve remained focused on facilitating health equity and successful health outcomes in the communities we serve by: enabling positive interactions with our pharmacists, delivering healthcare coaching and disease management services through Health Dialog, providing meaningful member experience through Elixir, our pharmacy benefits and services company, activating pop- up health clinics in underserved communities, opening small format stores in pharmacy deserts, and sourcing cleaner, better-for-you products for our customers. We extended engagement with our stockholders by hosting a retail stockholder call, providing our retail investors with the opportunity to ask and have management answer questions that are most important to them. This event was well attended, with robust retail stockholder participation and feedback. We’ve been working collaboratively with our supplier partners to develop programs that support our ESG strategy and make it easier for our customers to find products that support a healthy and sustainable lifestyle. As the trusted, everyday care connector, Rite Aid drives lower health-care costs through better coordination, stronger engagement and personalized services that help you achieve whole health for life. The Rite Aid Board of Directors is dedicated to serving the interests of our shareholders. In 2023, existing Board member Elizabeth “Busy” Burr was named Interim Chief Executive Officer. All of our Board members, other than the interim CEO, are independent. The Rite Aid Board of Directors is dedicated to serving the interests of our shareholders. In 2023, existing Board member Elizabeth “Busy” Burr was named Interim Chief Executive Officer. All of our Board members, other than the interim CEO, are independent. We recently completed an optimization study in order to help optimize miles driven between distribution centers and stores and minimize our carbon emissions. The optimization project identified the optimal distribution center locations, while it will be several years before the results of the study will be completely implemented due to the capital that is required to make these changes, we will make incremental changes on an annual basis as capital allocation allows. In FY23, we are excited to move forward with a modernization project at our Des Moines facility, which will help reduce totes shipped due to better cubing of inventory being sent to the store and fewer delivery routes and fewer miles driven to support the store delivery base. As part of our transition to a fully remote corporate workforce, we closed our former headquarters building in Camp Hill, Pennsylvania in December 2022. As part of this process, we partnered with Green Standards, the global leader in sustainable office decommissioning, to reduce our environmental impact by recycling, reselling and donating unused office furniture, fixtures and equipment.

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Awards Received

2023

Revenues

$24,060,000,000.00

Website Traffic

Employee Rating

3.1

Customer Rating

3.5

Company Size

10000+

ESG Risk Rating

3

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