Is Rite Aid and Walgreens owned by the same company?

Rite Aid and Walgreens are both owned by the same company, Walgreens Boots Alliance. Walgreens Boots Alliance is a Fortune 500 company that operates over 8,000 pharmacies, including Rite Aid and Walgreens. The two companies share a number of common characteristics, including their locations and their reliance on prescriptions.

However, the companies have some distinct differences. For example, Rite Aid is a smaller chain with a more limited selection of medications, while Walgreens is larger and has a wider variety of medications.

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