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Rite Aid

Rite Aid reports third quarter results

Rite Aid reports third quarter results

CAMP HILL, Pa. — Rite Aid Corp. today reported operating results for its third fiscal quarter ended December 1. For the third quarter, the company reported net loss from continuing operations of $17.3 million, or $0.02 per share, Adjusted net income from continuing operations of $14.7 million, or $0.01 per share, and Adjusted EBITDA from

Rite Aid’s Q2 earnings meet expectations

Rite Aid’s Q2 earnings meet expectations

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

Rite Aid’s Podgurski given Harold W. Pratt Award

Rite Aid’s Podgurski given Harold W. Pratt Award

DENVER – The National Association of Chain Drug Store (NACDS) today presented the Harold W. Pratt Award – its highest honor commemorating service to pharmacy – to Mike Podgurski, Rite Aid Corporation’s vice president, pharmacy services. The award was presented during the Business Program of the NACDS Total Store Expo. “Mike Podgurski’s dedication to the

MMR honors Retailing’s Most Influential Women

MMR honors Retailing’s Most Influential Women

NEW YORK — Mass Market Retailers on Tuesday evening honored the outstanding executives who were identified by the publication as the industry’s Most Influential Women in 2018. On hand to receive awards were the following executives: Lisa Badgley, senior vice president of operations at Walgreens Lauren Brindley, group vice president and GMM of beauty and

Rite Aid ready to put merger to a vote

CAMP HILL, Pa. — Rite Aid Corp. shareholders will vote on the company’s merger with Albertsons Cos. at a special meeting on August 9. If approved, the $24 billion transaction would take privately held Albertsons public and give its shareholders a majority stake in the combined company. The merged entity would be a top-five food

Rite Aid touts merits of merger in letter to shareholders

Rite Aid touts merits of merger in letter to shareholders

CAMP HILL, Pa. — Rite Aid Corp. on Tuesday announced that the registration statement on Form S-4, in connection with its proposed merger with Albertsons Cos., has been declared effective by the U.S. Securities and Exchange Commission (SEC). In connection with the definitive proxy statement/prospectus, Rite Aid issued a letter to shareholders detailing the merits

Rite Aid unveils safe medication disposal program

Rite Aid unveils safe medication disposal program

CAMP HILL, Pa. — In an effort to combat drug abuse and misuse, Rite Aid Corp. said Friday it plans to install 100 medication disposal units in selected pharmacies over the next year. The units offer people a free, safe and convenient way to dispose of expired or unwanted prescription and over-the-counter medications, helping to

A new wellness retail paradigm

A new wellness retail paradigm

The pending merger between Albertsons Cos. and Rite Aid, which was announced late last month after extensive negotiations, represents a major milestone for the companies involved and a potentially decisive turning point in the ongoing, if sometimes sporadic, effort by mass market retailers to more closely align nutrition, health and wellness in order to better

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