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Alex Grass was born into a Jewish family in Scranton, Pennsylvania. He attended the University of Pennsylvania, where he earned a degree in business administration. After college, he joined the family business, the Rite Aid Corporation, and eventually became its chairman and CEO. Grass was a philanthropist and a major donor to the Democratic Party. He was a major supporter of the University of Pennsylvania, donating millions of dollars to the school. He also donated to the United Jewish Appeal, the Jewish Federation of Greater Philadelphia, and the Jewish Community Center of Philadelphia. Grass was married to his wife, Ruth, for over 60 years. Together, they had three children. He passed away on April 8, 2010, at the age of 82.

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Alex Grass Height, Weight & Measurements

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Dating & Relationship status

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Alex Grass Net Worth

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Alex Grass Social Network

Timeline

Alex Grass died at his home in Harrisburg, Pennsylvania, on August 27, 2009, after a ten-year-long battle with lung cancer.

Grass divorced his first wife, Lois Lehrman. His second wife, Louise, died in 2007. Grass had four children during his lifetime.

Grass was born in Scranton, Pennsylvania, to Jewish parents, Louis and Rose Grass. His father, a businessman whom Grass described in 2002 as "relatively successful", died during the Great Depression when Grass was 9 years old, leaving the family with little income. Grass' family relocated from Scranton to Miami Beach, Florida in 1936 after his father's death. Grass worked a number of small jobs while living in Florida. He eventually obtained a law degree from the University of Florida Law School in 1949 using the G.I. Bill.

In 1999, Grass and his son, Roger Grass, purchased the Fleer/SkyBox sports trading card company. The company closed and was sold in 2005.

Grass' son, Martin Grass, took over the company from his father in 1995. Rite Aid declined as a chain and a brand as Martin Grass sought to expand the company. Martin Grass was fired by the company in 1999, after he was implicated in an $1.6 billion accounting scandal that nearly destroyed Rite Aid, just four years after his father had retired. Martin Grass was convicted of overstating Rite Aid's earnings during the 1990s and sentenced to eight years in federal prison. He is still incarcerated as of 2009. Other Rite Aid executives were also convicted in the scandal.

Alex Grass became involved in philanthropy and other business interests following his departure from Rite Aid. For numerous years he headed the board of governors of the Hebrew University of Jerusalem that bestowed him with the National Scopus Award. The Grass Center for Drug Design and Synthesis of Novel Therapeutics was founded at the university in 1993.

By the middle of the 1990s, Grass had grown Rite Aid drugstores into an important regional chain. Grass retired as the company's chairman and chief executive in March 1995. That year, Rite Aid had the most stores of any drugstore in the country and was the nation's number two drugstore in terms of revenue.

By 1968, the company, which had more than 50 stores at the time, had changed its name to Rite Aid. Rite Aid's initial public offering at $25 a share on the New York Stock Exchange earned the Grass family $8.75 million. Rite Aid purchased a rival chain, the Daw Drug Company, which was based in Rochester, New York, in 1969, which doubled the company's size and gave Rite Aid a pharmacy business for the first time.

Grass suddenly saw an opportunity in the retail sector, thanks to the Supreme Court ruling and lack of competing drugstores. He decided to open a store in downtown Scranton, which he called the Thrif D Discount Center, in 1962. The store would be the first of the chain which would become Rite Aid. The first store in Scranton, which was only 17 feet (5.2 m) wide and 75 feet (23 m) deep, became an immediate success in the city. He quickly expanded the store, opening other locations in Wilkes-Barre, Hazleton and Lancaster, as well as a second location in Scranton.

Grass saw several opportunities for retail opportunities in the 1960s. While working for the distribution company, Grass noticed that there seemed to be a lack of competitively priced health and beauty stores in Pennsylvania. More importantly, in the early 1960s the United States Supreme Court citing the Robinson–Patman Act that manufacturers could not dictate minimum prices for retailers.

Grass became a businessman during the early 1950s partially due to his marriage into his wife's Harrisburg, Pennsylvania based Lehrman family. He began working for his father-in-law's, Lehrman & Sons, wholesale grocery distribution company along with his brother-in-law Lewis Lehrman in 1951.

Alexander Grass (August 3, 1927 – August 27, 2009) was an American businessman and lawyer who founded Rite Aid, one of the United States' largest drugstore chains.

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