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Rite Aid Corp Bankruptcy Case Study!
1200 Intrepid Avenue, 2nd Floor
Phone: (717) 761-2633p:717 761-2633 Philadelphia, PA  19112  United States Ticker: RADCQRADCQ
Filed for Bankruptcy on 10/15/2023
Case #23-18993, filed in the U.S. Bankruptcy Court for the District of New Jersey (Trenton)
Business Summary
Rite Aid Corporation is a full-service pharmacy engaged in improving health outcomes. The Company meets customer needs with a range of solutions that offer convenience, including retail and delivery pharmacy, as well as services offered through its wholly owned subsidiaries Health Dialog Services Corporation (Health Dialog) and Bartell Drug Company (Bartell Drugs). Health Dialog provides healthcare coaching and disease management services via live online and phone health services. Regional chain Bartell Drugs supports the health and wellness needs in the Seattle area. Its Retail Pharmacy segment’s primary business is the sale of prescription drugs and related consultation to its customers. Additionally, the Retail Pharmacy segment sells a full selection of health and beauty aids and personal care products, seasonal merchandise, and a large private brand product line. The Company operates more than 1,700 retail pharmacy locations across 16 states.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-YesYesYes-

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/2/20233/4/2023YesYesYesYesYes

Industries
SIC Code Description
5912 Drug stores and proprietary stores
5999 Miscellaneous retail stores, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Bruce G.Bodaken 71 10/30/2018 5/13/2013
Chief Executive Officer, Chief Restructuring Officer and Director Jeffrey S.Stein 53 10/15/2023 10/15/2023
Chief Financial Officer, Executive Vice President Matthew C.Schroeder 53 9/1/2019 1/1/2010
8 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Perry Drug Stores, Inc. 5400 Perry Drive PONTIAC MI United States
Health Dialog Services Corporation 6 Bedford Farms Bedford NH United States
Rite Aid of New Jersey, Inc. 820 Beaverton Road West Trenton NJ United States
141 additional Subsidiary records available in full report.

Business Names
Business Name
1515 West State Street, Boise, Idaho, LLC
1740 Associates, L.L.C.
4042 Warrensville Center Road -
182 additional Business Names available in full report.

General Information
Number of Employees: 47,000 (As of 3/4/2023)
Outstanding Shares: 56,542,469 (As of 10/13/2023)
Shareholders: 9,823
Stock Exchange: OTC
Federal Tax Id: 231614034
Fax Number: (302) 655-5049


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Monday, April 22, 2024