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Rite Aid Foundation Donates Water, Food, Cleaning and First Aid Supplies to Assist with Flood Relief Efforts in Southeastern U.

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  Published in Stocks and Investing on Wednesday, May 12th 2010 at 9:25 GMT by Market Wire
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CAMP HILL, Pa.--([ BUSINESS WIRE ])--Rite Aid (NYSE: RAD) announced today that The Rite Aid Foundation is donating water, food, cleaning and first aid supplies to the American Red Cross Disaster Relief Fund to help the victims, families and communities affected by the recent flooding in Alabama, Kentucky and Tennessee.

"This contribution of bottled water, snacks and supplies is critical because it, along with the support of the American public, enables the Red Cross to provide help and hope to those coping with the devastating aftermath of these floods."

aFlood waters can wreak damage on homes and can take days to recede.As our operations in the affected areas continue, the Red Cross is grateful for support from The Rite Aid Foundation that will help us provide relief and other extended assistance to enable people to get back on their feet,a said Neal Litvack, chief development officer at the American Red Cross.aThis contribution of bottled water, snacks and supplies is critical because it, along with the support of the American public, enables the Red Cross to provide help and hope to those coping with the devastating aftermath of these floods.a

aOne of Rite Aida™s core values is to be caring neighbors in the communities we serve,a said Mary Sammons, Rite Aid chairman and CEO. aWe are proud to partner with the American Red Cross in their mission to bring relief to those most affected by these devastating floods and hope that our donation helps to make the recovery and rebuilding process a little easier.a

The Rite Aid Foundation, founded in July 2001, is a not-for-profit foundation dedicated to helping people in the communities Rite Aid serves. Since its inception, The Rite Aid Foundation has awarded grants totaling more than $10 million to more than 730 organizations in 420 communities. For additional information, visit [ www.riteaid.com/company/community/foundation.jsf ].

Rite Aid is one of the nationa™s leading drugstore chains with nearly 4,800 stores in 31 states and the District of Columbia with fiscal 2010 annual revenues of $25.7 billion. Information about Rite Aid, including corporate background and press releases, is available through Rite Aida™s website at [ www.riteaid.com ].