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The Daily Insight Hub

What is the difference between Rite Aid and CVS?

Author

Emma Miller

Updated on January 17, 2026

Each store has a pharmacy, and both have rewards cards that offer serious savings. CVS operates 8,000 to 10,000 stores in the United States, while Rite Aid has about 2,500. Rite Aid wasn’t quite as unwelcoming — it was mostly clean, but there were bins and shopping carts everywhere and a lot of empty shelves.

Are Rite Aid and CVS Pharmacy linked?

No, they are all different companies. Walgreens did buy some Rite-Aid stores, but Rite-Aid continues as its own entity. CVS is a chain of pharmacies and Pharmacy Benefit Manager.

Is CVS and Walgreens owned by the same company?

Walgreen Company, d/b/a Walgreens, is an American company that operates as the second-largest pharmacy store chain in the United States behind CVS Health. It specializes in filling prescriptions, health and wellness products, health information, and photo services….Brands.

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Who’s bigger CVS or Walgreens?

CVS is a larger company than Walgreens with respect to revenue and market capitalization, but Walgreens has a relatively bigger share of the US health & beauty specialist retail market as compared to its closest rival, CVS.

Which is cheaper CVS or Rite Aid?

Costco, the study found, is the cheapest place to buy drugs, while CVS has the highest prices and Rite Aid has the second highest. Walgreens was also more expensive than Costco, Wal-Mart and Kmart.

Who is better CVS or Walgreens?

Year-to-date in 2021, Walgreens has done much better than CVS Health in terms of share price performance, which also partly explains WBA’s valuation premium over CVS mentioned earlier.

Is Walgreens better than CVS?

What’s the difference between CVS, Rite Aid and Walgreens?

Walgreens, CVS, and Rite Aid have more similarities than differences as three of the biggest drugstore chains.

Who are the owners of CVS and Rite Aid?

The owners of CVS also owns a supermarket chain. CVS decided to purchase some of the Rite Aid stores to place inside their supermarkets, turning them into a public stock option, open to trade. Supposedly, Rite Aid has still kept some of their own private stores.

Is the CVS parent company the same as Walgreens?

“Are Walgreens, Rite-Aid and CVS pharmacy all owned by the same parent company?” It’s a complicated answer but, no they are not all owned by the same company. From what I remember, Walgreens wanted to purchase all of the Rite Aids, but because of lawsuits, Walgreens chose to purchase only ~1/2 of the Rite Aids.

What kind of company is Rite Aid Corporation?

Rite Aid Corporation is a drugstore chain in the United States and a Fortune 500 company.