Rite Aid Corporation is an American multinational retail pharmacy chain with over 2,600 stores across the United States. The company was founded in 1962 and is headquartered in Philadelphia, Pennsylvania.
The company has been involved in a number of controversies over the years, with some accusing it of unethical business practices. In particular, Rite Aid has been criticized for charging high prices for generic drugs, for not stocking certain medications, and for refusing to sell certain medications to customers.
The company has also been accused of misleading customers about the prices of generic drugs. In a 2012 study, researchers found that while the average generic drug price at Rite Aid was lower than at other pharmacies, a significant proportion of Rite Aid’s generic drug sales were actually higher priced than the brand name equivalents.
While some of the accusations against Rite Aid may be justified, others are not. Overall, Rite Aid appears to be an ethical company, with a number of initiatives designed to improve the customer experience.
However, it will continue to face criticism from consumers and activists who accuse it of engaging in unethical business practices.
