April 6, 2020 by MMR
000 associates, 5, COVID-19 pandemic, Rite Aid
Leading Headlines, Retail News
CAMP HILL, Pa. — As part of an expanded response to the COVID-19 pandemic, Rite Aid said Monday that it will hire 5,000 associates for full and part-time roles across the country to support store and distribution center teams. Positions will include cashiers, pharmacy technicians and distribution center associates. Rite Aid Associates Rite Aid associates
March 23, 2020 by MMR
COVID-19, Philadelphia, Rite Aid
Leading Headlines, Retail News
CAMP HILL, Pa. – Rite Aid said it has joined the White House COVID-19 Response Working Group. Rite Aid’s mission is to keep the communities it serves healthy and beginning Monday, March 23, the company is piloting COVID-19 testing at one location in Philadelphia seven days a week from 9 a.m. to 5 p.m. Based
March 18, 2020 by MMR
COVID-19, Rite Aid
Leading Headlines, Retail News
CAMP HILL, Pa. — Rite Aid said Wednesday it has taken several steps to support its employees, customers and the local communities the company serves during the global coronavirus (COVID-19) pandemic. Rite Aid said beginning immediately home-delivery service will be available upon request and the company will waive delivery-service fees for eligible prescriptions. Customers should
March 16, 2020 by MMR
Analysts Day, Heyward Donigan, Rite Aid
Leading Headlines, Money, Retail News
CAMP HILL, Pa. — Rite Aid Corp provided an outline of the company’s corporate strategy and growth plan at its Analyst Day held via webcast on Monday. The company also is also detailed how its strategic initiatives are designed to drive revenue and Adjusted EBITDA growth, as well as reduce the company’s leverage ratio. “Rite
March 2, 2020 by MMR
Harco, Jimmy Harrison Jr., Rite Aid
Leading Headlines, People, Retail News
TUSCALOOSA, Ala. — James (Jimmy) Harrison Jr., who developed the Tuscaloosa family business Harco Inc. into the nation’s second-largest privately held drug store chain and served his community and state through numerous educational and service enterprises, died February 24. He was 87. James Irving Harrison Jr. emblazoned his family’s name over a chain of stores
February 24, 2020 by MMR
Andre Persaud, Rite Aid
2020, Issue 2-24-2020, Issues
CAMP HILL, Pa. — Rite Aid Corp. has tapped retail industry veteran Andre Persaud to serve as executive vice president of retail. Persaud will lead the retail operations for more than 2,400 Rite Aid locations. His responsibilities will include inventory and supply chain management, field team management, store operations, asset protection, and facility maintenance and
February 4, 2020 by MMR
Andre Persaud, Rite Aid
Leading Headlines, People, Retail News
CAMP HILL, Pa. – Rite Aid announced on Tuesday the appointment of Andre Persaud as executive vice president, retail. Persaud will lead the retail operations for more than 2,400 Rite Aid locations. His responsibilities will include inventory and supply chain management, field team management, store operations, asset protection and facility maintenance and repairs. His retail
January 13, 2020 by MMR
Rite Aid, third quarter
2020, Issue 01-13-2020, Issues
CAMP HILL, Pa. — Rite Aid Corp. reported better-than-expected third quarter sales and earnings. The company also narrowed its fiscal 2020 earnings forecast while maintaining its revenue guidance. The results lifted the retailer’s shares more than 20% to over $10. For the quarter ended November 30, adjusted net income was $29.1 million, or 54 cents
December 19, 2019 by MMR
Rite Aid, third quarter
Leading Headlines, Money, Retail News
CAMP HILL, Pa. — Rite Aid Corp. on Thursday reported better-than-expected third quarter sales and earnings. The company also narrowed its fiscal 2020 earnings forecast while maintaining its revenue guidance. The results lifted the retailer’s shares more than 20% to over $10. Net income from continuing operations was $52.3 million, or 98 cents per share.
October 14, 2019 by MMR
Bryan Everett, Jim Peters, Rite Aid
2019, Issue 10-14-2019, Issues
CAMP HILL, Pa. — Rite Aid Corp. has named Jim Peters chief operating officer. He succeeds Bryan Everett, who is leaving the company to pursue other interests. Peters will lead all aspects of Rite Aid’s pharmacy and clinical strategy development and execution; health plan, health system and strategic corporate relationships; marketing and merchandising; and corporate
October 3, 2019 by MMR
Jim Peters, Rite Aid
Featured Articles, Leading Headlines, People, Retail News
CAMP HILL, Pa. – Rite Aid announced on Thursday the appointment of Jim Peters as the company’s chief operating officer. Peters will lead all aspects of Rite Aid’s pharmacy and clinical strategy development and execution; health plan, health system and strategic corporate relationships; marketing and merchandising; corporate development, strategy and communications. Jim Peters “Jim is
October 1, 2019 by MMR
CVS, FDA, Food and Drug Administration, Ranitidine, Rite Aid, Walgreens, Zantac
Leading Headlines, Retail News, Supplier News
NEW YORK — Pharmacy chains CVS, Walgreens and Rite Aid and other retailers are pulling heartburn medication Zantac and its store-brand versions from their shelves after the Food and Drug Administration (FDA) warned it had detected low levels of a cancer-causing chemical in samples of the drug. The actions follow the FDA’s release of a