8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported):  November 8, 2007

Rite Aid Corporation

(Exact name of registrant as specified in its charter)

Delaware	1-5742	23-1614034
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification Number)

30 Hunter Lane, Camp Hill, Pennsylvania 17011

(Address of principal executive offices, including zip code)

(717) 761-2633

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)  On November 8, 2007, Rite Aid Corporation (the “Company”) announced that Mark Panzer, Senior Executive Vice President and Chief Marketing Officer, will leave the Company.

The Company issued a press release, dated November 8, 2007, announcing Mr. Panzer's resignation from the Company. A copy of the press release is furnished herewith as Exhibit 99.1.

Item 9.01  Financial Statements and Exhibits

(d)       Exhibits

99.1           Press Release of Rite Aid Corporation, dated November 8, 2007

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.

	RITE AID CORPORATION
Date:  November 9, 2007	By:	/s/ Robert B. Sari
	Name:	Robert B. Sari
	Title:	Executive Vice President, General Counsel and Secretary

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release of Rite Aid Corporation, dated November 8, 2007

EX-99.1

Exhibit 99.1

Press Release

For Further Information Contact:

INVESTORS	MEDIA
Kevin Twomey	Karen Rugen
(717) 731-6540	(717) 730-7766
or investor@riteaid.com

FOR IMMEDIATE RELEASE

CHIEF MARKETING OFFICER MARK PANZER TO LEAVE RITE AID

Camp Hill, PA, November 8, 2007 - Rite Aid Corporation (NYSE: RAD) today announced that Mark Panzer, senior executive vice president and chief marketing officer, will leave the company.

Panzer was responsible for merchandising, marketing and supply chain at Rite Aid.  With his departure, these functions will report directly to Rob Easley, Rite Aid’s chief operating officer.

“Since Mark joined Rite Aid in 2001, he has contributed to the success of our company in several key roles on our leadership team,” said Mary Sammons, Rite Aid chairman, president and chief executive officer.  “We thank him for his hard work and dedication during his six years with us.”

Rite Aid is one of the nation’s leading drugstore chains with approximately 5,100 stores in 31 states and the District of Columbia.  Information about Rite Aid, including corporate background and press releases, is available through the company’s website at www.riteaid.com.

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