Insight Report 11 minutes PremiumRite Aid Bankruptcy: What Does It Mean for Rivals? Madhav Pitaliya, Analyst Sector Lead: Swarooprani Muralidhar, Director of Research October 20, 2023 What's InsideRite Aid—one of the largest pharmacy chains in the US, with more than 2,000 stores and 45,000 employees—filed for bankruptcy on October 15, 2023. We cover the reasons the retailer went bankrupt and the bankruptcy’s implications for Rite Aid’s competitors. Data in this research report include: Total annual revenue and net income for Rite Aid for 2015–2023 Major drugstore chains and pharmacies’ US store numbers as of October 2023 Store traffic for selected US major drugstore retailers, for May 2022–May 2023 Proprietary data on where US drugstore or pharmacy shoppers made purchases Companies mentioned in this report include: Ahold Delhaize, Albertsons, Costco Wholesale Corporation, CVS Health, Kroger, Rite Aid, Walgreens, Walmart Other relevant research: The latest report in our US and UK Bankruptcies Latest series, outlining developments as of mid-September 2023 Reviewing America’s Retail Bankruptcies: A Slowdown in 2022 but Warning Signs Ahead The full collection of Weekly US and UK Store Openings and Closures Tracker reports The Coresight Research Retail Bankruptcies Databank Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Seasonal Shopping, 4Q24—Shoppers’ Latest Holiday Expectations: US Consumer Survey Insights ExtraRetail Media: (Almost) Everything We Heard at Shoptalk Europe 2024US CPG Sales Tracker: Strong Beauty Performance Drives Total CPG GrowthUS Apparel and Footwear Private Label: Consumer Attitudes and Inflation Present Opportunities