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) April 6, 2006 (April
                                    6, 2006)


                              RITE AID CORPORATION
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             (Exact name of registrant as specified in its charter)


          Delaware                    23-1614034                 1-5742
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(State or Other Jurisdiction         (Commission             (IRS Employer
     of Incorporation)               File Number)         Identification No.)


30 Hunter Lane, Camp Hill, Pennsylvania                     17011
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(Address of Principal Executive Offices)                  (Zip Code)


Registrant's telephone number, including area code    (717) 761-2633
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                                      None
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          (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 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On April 6, 2006, we announced our financial position and results of operations
as of and for the fourteen week period and fiscal year ended March 4, 2006. The
press release is attached hereto as Exhibit 99.1 and is incorporated herein by
reference. The announcement includes a non-GAAP financial measure, "Adjusted
EBITDA." Adjusted EBITDA represents net income (loss) from operations excluding
the impact of income taxes, interest expense, depreciation and amortization,
LIFO adjustments, charges or credits for store closing and impairment, inventory
write-downs related to closed stores, stock-based compensation expense, debt
modifications and retirements, litigation proceeds, litigation expense, expense
of the defense against litigation related to prior managements' business
practices and the defense of prior management, sales of assets and investments,
and non-recurring items. We reference this non-GAAP financial measure frequently
in our decision-making because it provides supplemental information that
facilitates internal comparisons to historical operating performance of prior
periods and external comparisons to competitors' historical operating
performance. In addition, incentive compensation is based on Adjusted EBITDA and
we base our forward-looking estimates on Adjusted EBITDA to facilitate
quantification of planned business activities and enhance subsequent follow-up
with comparisons of actual to planned Adjusted EBITDA. We include this non-GAAP
financial measure in our earnings announcement in order to provide transparency
to investors and enable investors to compare our operating performance with the
operating performance of our competitors.


ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(c) Exhibits.

99.1 Registrant's Press Release, dated April 6, 2006



                                   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 hereunto duly authorized.

                                            RITE AID CORPORATION


Dated: April 6, 2006                    By: /s/ Robert B. Sari
                                            ------------------
                                            Name:  Robert B. Sari
                                            Title: Executive Vice President,
                                                   General Counsel and Secretary



                                  EXHIBIT INDEX

Exhibit No.     Description

99.1            Registrant's Press Release dated April 6, 2006