Rite Aid 2015 Annual Report Download - page 22
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Please find page 22 of the 2015 Rite Aid annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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The table below identifies the number of stores by state as of February 28, 2015:
State Store Count
Alabama ............................................... 93
California .............................................. 577
Colorado ............................................... 20
Connecticut ............................................. 77
Delaware ............................................... 42
District of Columbia ...................................... 7
Georgia ................................................ 181
Idaho ................................................. 13
Indiana ................................................ 10
Kentucky ............................................... 116
Louisiana .............................................. 62
Massachusetts ........................................... 146
Maine ................................................. 79
Maryland .............................................. 142
Michigan ............................................... 276
Mississippi .............................................. 26
North Carolina .......................................... 224
Nevada ................................................ 1
New Hampshire .......................................... 68
New Jersey ............................................. 257
New York .............................................. 607
Ohio.................................................. 224
Oregon ................................................ 72
Pennsylvania ............................................ 537
Rhode Island ............................................ 43
South Carolina .......................................... 95
Tennessee .............................................. 81
Utah.................................................. 22
Vermont ............................................... 37
Virginia ................................................ 192
Washington ............................................. 139
West Virginia ............................................ 104
Total .................................................. 4,570
Our stores have the following attributes at February 28, 2015:
Attribute Number Percentage
Freestanding ...................................... 2,824 61.8%
Drive through pharmacy .............................. 2,424 53.0%
GNC stores within a Rite Aid store ..................... 2,276 49.8%
We lease 4,310 of our operating drugstore facilities under non-cancelable leases, many of which
have original terms of 10 to 22 years. In addition to minimum rental payments, which are set at
competitive market rates, certain leases require additional payments based on sales volume, as well as
reimbursement for taxes, maintenance and insurance. Most of our leases contain renewal options, some
of which involve rent increases. The remaining 260 drugstore facilities are owned.
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