Rite Aid CEO says new HQ is ‘not an office,’ fights ‘old-fashioned’ image


Rite Aid CEO Heyward Donigan wants to make it clear that the company’s new Philadelphia headquarters is “not an office.”

No full-time employees will work out of the the 23,000-square-foot space at the Philadelphia Navy Yard. Billed as a "collaboration center," the space will be used to host team meetings, vendors, lab partners and other guests. All of its Rite Aid's (NYSE: RAD) 2,800 corporate employees are remote, a decision made amid the pandemic in 2021.

Donigan describes the space as…

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