September 27, 2018 by MMR
Bruce Bodaken, John Standley, Rite Aid
Featured Articles, Leading Headlines, Money, Retail News

CAMP HILL, Pa. – Rite Aid Corp. on Thursday posted second-quarter earnings that were in line with Wall Street’s expectations. The company also named three new board members and announced it was dividing the chairman and chief executive officer position. Director Bruce Bodaken will become chairman while John Standley remains CEO. The moves follow the
August 8, 2018 by MMR
Albertsons Cos., Albertsons-Rite Aid merger, John Standley, Rite Aid Corp.
Featured Articles, Leading Headlines, Retail News

CAMP HILL, Pa. – Rite Aid Corp. announced that it has mutually agreed with Albertsons Cos. to terminate their previously announced merger agreement. “While we believed in the merits of the combination with Albertsons, we have heard the views expressed by our stockholders and are committed to moving forward and executing our strategic plan as
February 20, 2018 by Geoff Walden and Jeffrey Woldt
Albertsons Cos., John Standley, Rite Aid Corp.
Featured Articles, Leading Headlines, Retail News

CAMP HILL, Pa. — The Albertsons Cos. merger with Rite Aid Corp. will create a “truly differentiated” player in the food, health and wellness space, John Standley, chairman and chief executive officer of Rite Aid, said in an interview. The Albertsons-Rite Aid merger deal, announced Tuesday, will transform Rite Aid through the addition of 1,800
February 20, 2018 by MMR
Albertsons Cos., Albertsons-Rite Aid merger, Bob Miller, Cerberus Capital Management, John Standley, Lenard Tessler, Rite Aid
Featured Articles, Leading Headlines, Retail News

BOISE, Idaho, and CAMP HILL, Pa. — Albertsons Cos. plans to merge with Rite Aid Corp. in a deal that will take the supermarket retailer public. Albertsons Cos. and Rite Aid said Tuesday that the combined company will generate pro forma revenue of about $83 billion and operate about 4,900 stores, 4,350 pharmacy locations and
November 28, 2016 by David Pinto
David Pinto, Doug McMillon, Helena Foulkes, John Standley, retail executives, Stefano Pessina
2016, Issue 11-28-2016, Issues, Opinion

Who are the outstanding retail executives of the year? In years past, this determination would be a difficult task, because so many capable executives would be in contention. This year, not so much — not, at least, if individual success is measured by the success of the company. As we’ve pointed out, 2016 will not
August 3, 2016 by MMR
John Standley, Rite Aid
Leading Headlines, People

RICHMOND, Va. — Rite Aid Corp. chairman and chief executive officer John Standley has been elected to the CarMax Inc. board of directors. The used car retail chain said late Tuesday that Standley will serve on the audit committee of the board, which now has 12 members. “We are excited to welcome John to the
June 1, 2016 by MMR
CEO, distribution center, John Standley, Ken Martindale, Rite Aid chairman and chief executive officer, Rite Aid Corp., S.C., South Carolina Gov. Nikki Haley, South Carolina secretary of commerce Bobby Hitt, Spartanburg
Featured Articles, Leading Headlines, Retail News

SPARTANBURG, S.C. — Rite Aid Corp. has opened a new distribution center here, the company’s first new distribution center in 16 years. John Standley, Rite Aid chairman and chief executive officer and Ken Martindale, CEO of Rite Aid Stores and president of Rite Aid Corp., were joined by South Carolina secretary of commerce Bobby Hitt
March 31, 2016 by MMR
Brian Cornell, Charles Redfield, CVS Pharmacy, Jeff Jones, Jody Pinson, John Standley, Judy Sansone, Loblaw Cos., Pat Dean, Rick Dreiling, Shoppers Drug Mart, slideshow, Stefano Pessina, Walgreens Boots Alliance Inc., Walmart
Featured Articles, Slideshows

NEW YORK — Racher Press Inc., the publisher of Mass Market Retailers and Chain Drug Review, presented its 2015 Retailer of the Year awards last evening in New York City. The annual event drew retailer and supplier executives from across the food, drug and mass channel to a ballroom at the new headquarters of Time