October 5, 2023 by MMR
New York Stock Exchange, Rite Aid
Leading Headlines, Retail News
PHILADELPHIA – The New York Stock Exchange has informed Rite Aid that it is no longer in compliance with NYSE standards for being listed, the company confirmed on Wednesday. “Under the NYSE rules, the company is provided with certain cure periods and the company’s common stock will continue to be listed and traded on the
October 3, 2023 by leslie and MMR
Ello Market, Rite Aid
Leading Headlines, Retail News
PHILADELPHIA — Rite Aid has announced the arrival of Ello Market to its shelves – the national drug store chain’s new exclusive collection of quality snacks and indulgent treats to satisfy cravings as well as pantry staples to transform meals. With Ello Market, consumers can feel good about their choices thanks to wholesome, delicious options that
September 25, 2023 by MMR
bankruptcy, Rite Aid
Leading Headlines, Money, Retail News
NEW YORK – Rite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include liquidating a substantial portion of its more than 2,100 drugstores, the Wall Street Journal reported on Friday, citing people familiar with the talks. The company has proposed to close roughly 400 to 500 stores as part of a
September 18, 2023 by MMR
Bartell Drugs, COVIE-19 vaccines, Rite Aid
Leading Headlines, Retail News
PHILADELPHIA— Following FDA authorization and CDC recommendation, Rite Aid announced scheduling is available for eligible customers seeking the updated COVID-19 vaccines at its locations and at Bartell Drugs locations in the Pacific Northwest. Appointments are available beginning September 22. “Rite Aid looks forward to providing our customers access to the updated COVID-19 vaccine to safeguard
August 7, 2023 by MMR
Jeanniey Walden, Rite Aid
Leading Headlines, People, Retail News
PHILADELPHIA — Rite Aid has appointed Jeanniey Walden chief marketing officer, making permanent an interim role the seasoned executive has held since March. Walden will continue to play a critical role in the company’s growth strategy to help create meaningful customer, client, and member experiences for millions of Americans. As CMO, she will also oversee
August 2, 2023 by MMR
chief digital and technology officer, Justin Mennen, Rite Aid
Leading Headlines, People, Retail News
PHILADELPHIA — Justin Mennen, EVP and chief digital and technology officer is leaving Rite Aid, effective immediately. Mennen, a seasoned technology and digital leader with more than 20 years of technology leadership experience, was named Rite Aid’s senior vice president and chief information officer in 2018. In 2022, his responsibilities expanded to include leadership of
July 28, 2023 by MMR
Amanda Patrick, Environmental, ESG Report, Governance, Rite Aid, Social
Leading Headlines, Retail News
PHILADELPHIA — Rite Aid has published its fifth annual Environmental, Social and Governance (ESG) Report, detailing the company’s initiatives, focus areas, and progress over the past year. The four ESG pillars introduced in the 2021 report – Thriving Planet, Thriving Business, Thriving Workplace and Thriving Community – continue to act as the lens through which
July 10, 2023 by MMR
Q!, Rite Aid
Issue 07-10-2023
PHILADELPHIA — Rite Aid Corp. reported a narrower first quarter loss than analysts had projected, and beat revenue forecasts. The company posted an adjusted loss per share of 73 cents, which was much better than Wall Street’s estimated loss of $1.50. Revenue for the period ended June 3 dipped to $5.65 billion from $6.02 billion
June 29, 2023 by MMR
Elizabeth “Busy” Burr, first quarter results, Q1, Rite Aid
Featured Articles, Leading Headlines, Money, Retail News
PHILADELPHIA — Rite Aid Corp. reported a narrower first-quarter loss than analysts had projected, and beat revenue forecasts. The company posted an adjusted loss per share loss of 73 cents, which was much better than Wall Street’s estimate of $1.50. Revenue for the period ended June 3 dipped to $5.653 billion from $6.015 billion from
June 19, 2023 by MMR
Albertsons Cos., Private Label Manufacturers Association, Rite Aid, store brand
2023, Issue 06-19-2023, Issues
NEW YORK — Albertsons Cos. and Rite Aid Corp. are among mass retailers enhancing their store brand offerings as growth of the brands continues to outpace gains by national brands. The Private Label Manufacturers Association (PLMA) reported store brand sales increased 11.3% last year as national brand sales increased 6.1%. In volume terms, store brand
June 19, 2023 by MMR
Jessica Kazmaier, MMR's Most Influential Women, Rite Aid
Issue 06-19-2023
PHILADELPHIA — As executive vice president and chief human resources officer at Rite Aid Corp., Jessica Kazmaier oversees all aspects of the retail pharmacy chain’s human resources strategy, including talent management, associate engagement, incentives and labor relations. “Each element of my role is just as important as the others when it comes to the success
June 19, 2023 by MMR
Karen Staniforth, MMR's Most Influential Women, Rite Aid
Issue 06-19-2023
PHILADELPHIA — Rite Aid Corp. chief pharmacy officer Karen Staniforth says that Rite Aid has always been focused on the pharmacist and the prescription counter as its growth engine. The pandemic, of course, validated that view by highlighting the vital and elevated role that pharmacists play in their communities. She notes that pharmacists have been