Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Jean Coutu Group (PJC) Inc.
   2. Issuer Name and Ticker or Trading Symbol
RITE AID CORP [RAD] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
530, RUE BERIAULT, LONGUEUIL, QUEBEC J4G 1S8		 3. Date of Earliest Transaction (Month/Day/Year)
10/05/2007
(Street)

CANADA 		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $1.00 per share 10/05/2007   P   45,200 A $ 4.54 250,045,200 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   221,700 A $ 4.55 250,266,900 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   150,700 A $ 4.56 250,417,600 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   180,300 A $ 4.57 250,597,900 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   131,300 A $ 4.58 250,729,200 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   244,400 A $ 4.59 250,973,600 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   106,500 A $ 4.6 251,080,100 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   96,400 A $ 4.61 251,176,500 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   233,062 A $ 4.62 251,409,562 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   52,200 A $ 4.63 251,461,762 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   142,000 A $ 4.64 251,603,762 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   152,400 A $ 4.65 251,756,162 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   2,500 A $ 4.66 251,758,662 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   37,500 A $ 4.67 251,796,162 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   56,400 A $ 4.68 251,852,562 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   39,000 A $ 4.69 251,891,562 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   52,800 A $ 4.7 251,944,362 D (1)  
Common Stock, par value $1.00 per share 10/05/2007   P   30,900 A $ 4.71 251,975,262 D (1)  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Jean Coutu Group (PJC) Inc.
530, RUE BERIAULT
LONGUEUIL, QUEBEC J4G 1S8
CANADA 		     X    

Signatures

 /S/ JEAN COUTU THE JEAN COUTU GROUP (PJC) INC. /s/ Jean Coutu Chairman of the Board, President and CEO   10/09/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The Jean Coutu Group (PJC) Inc. ("PJC") is the record holder of 251,975,762 shares of common stock, par value $1.00 per share (the "Common Stock"), of Rite Aid Corporation. 3958230 Canada Inc., a Canadian corporation ("Numbered Company"), is the controlling shareholder of PJC. As a result of its relationship with PJC, Numbered Company may be deemed to have the power to vote and dispose of the Common Stock owned by PJC. Mr. Jean Coutu ("Mr. Coutu"), the Chairman of the Board, President and Chief Executive Officer of PJC and the controlling shareholder, President and a director of Numbered Company, may be deemed to have the power to vote and dispose of the Common Stock owned by PJC. For purposes of Section 16(b) of the Securities Exchange Act of 1934, as amended, each of Numbered Company and Mr. Coutu disclaims beneficial ownership of PJC's shares in excess of his pecuniary interest.

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