Early career Grass returned to
Pennsylvania in 1951 to pursue a legal career in
tax law with the
Internal Revenue Service and other government agencies. While working there, he took the
bar exam and passed on his first try. His
father-in-law had a
wholesale food business, Louis Lehrman and Sons, with his
brother-in-law Lewis Lehrman in 1951. The business sold coffee and sugar during
World War II. In 1958, Grass went into the
rack-jobbing business to supply
health and beauty aids and non-food to grocery customers.
Rite Aid Grass identified 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 saw early success. He expanded the business and opened other locations in
Wilkes-Barre,
Hazleton and
Lancaster, as well as a second location in Scranton. 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 was $25 a
share on the
New York Stock Exchange. 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. By the middle of the 1990s, Grass had grown Rite Aid drugstores into an important regional pharmacy 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. 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. Alongside other Rite Aid executives, Martin Grass was convicted of overstating Rite Aid's
earnings during the 1990s and sentenced to eight years in
federal prison. ==Later life==