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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25 -----------------
SEC FILE NUMBER
NOTIFICATION OF LATE FILING 1-5742
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(Check One): [ ] Form 10-K [ ] Form 20-F [X] Form 10-Q -----------------
[ ] Form N-SAR CUSIP NUMBER
For Period Ended: August 28, 1999 -----------------
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
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Read Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
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If the notification related to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
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PART I -- REGISTRANT INFORMATION
Rite Aid Corporation
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Full Name of Registrant
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Former Name if Applicable
30 Hunter Lane
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Address of Principal Executive Office (Street and Number)
Camp Hill, PA 17011
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City, State and Zip Code
PART II -- RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following
should be completed. (Check box if appropriate)
(a) The reasons described in reasonable detail in Part II of this
form could not be eliminated without unreasonable effort or
expense;
(b) The subject annual report, semi-annual report, transition report
on Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof,
[X] will be filed on or before the fifteenth calendar day following
the prescribed due date; or the subject quarterly report of
transition report on Form 10-Q, or portion thereof will be filed
on or before the fifth calendar day following the prescribed due
date; and
(c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
PART III -- NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. (Attach Extra Sheets if Needed)
Additional work is necessary to complete the financial statements for the
quarter ended August 28, 1999 and all reported prior year results. This is due
in part to the company's decision to restate its historical financial
statements as announced in its press release dated October 11, 1999. The
company is currently assessing the impact of such restatements. The company
intends to file the Form 10-Q on or before October 18, 1999.
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General Reporting
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Joseph S. Speaker (717) 761-2633
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months (or for such shorter period
that the registrant was required to file such reports) been filled? If
answer is no, identify report(s). [X] Yes [ ] No
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(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion
thereof? [X] Yes [ ] No
If so, attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.
It is anticipated that there will be a significant change in the results of
operations for the thirteen weeks ended August 28, 1999. The company
expects to record a net loss for the quarter of approximately $70 million,
which includes store closing costs of approximately $34.4 million, as
disclosed in its press release on October 11, 1999, and filed as an
Exhibit to a Form 8-K filed on October 11, 1999, filed as an exhibit to a
form 8-k filed on October 12, 1999.
Rite Aid Corporation
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date October 12, 1999 By /s/ Joseph S. Speaker
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Name: Joseph S. Speaker
Title: Senior Vice President and
Chief Accounting Officer
