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Rite Aid

Rite Aid recognizes six Pharmacy Champions

Rite Aid recognizes six Pharmacy Champions

CAMP HILL, Pa. — Six members of Rite Aid’s pharmacy team have been selected for recognition through the company’s annual Pharmacy Champions program. Those recognized were selected by a panel of judges from more than 15,000 customer-submitted entries in the annual program, which was conducted last October during American Pharmacists Month to acknowledge and thank

Shakeup at Rite Aid

CAMP HILL, Pa. — Rite Aid Corp. is replacing three top executives and cutting about 400 corporate jobs — more than a fifth of its white-collar positions. The chain announced the departures of chief executive officer John Standley, president and chief operating officer Kermit Crawford, and chief financial officer Darren Karst. Rite Aid said the

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

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