July 19, 2022 by MMR
COVID-19, Quest Diagnostics, Rite Aid
Leading Headlines, Retail News
PHILADELPHIA — Rite Aid and Quest Diagnostics are collaborating on access to COVID-19 molecular testing (polymerase chain reaction or similar nucleic acid amplification test) to help Rite Aid customers detect and prevent the spread of COVID-19. Quest is the world’s leading provider of diagnostic information services and a national leader in COVID-19 testing. The company
June 23, 2022 by MMR
first quarter, Q1, Rite Aid
Featured Articles, Leading Headlines, Money, Retail News
PHILADELPHIA — Rite Aid on Thursday reported a narrower first quarter loss and more revenue than analysts had expected. The company’s adjusted loss per share of 60 cents for the period ended May 28 was smaller than Wall Street’s consensus projection of a7 0 cents loss. Sales of $6.01 billion beat the predicted $5.7 billion.
May 31, 2022 by MMR
Homeward, Rite Aid
Leading Headlines, Retail News
SAN FRANCISCO — Homeward has announced a strategic partnership with Rite Aid to provide access to comprehensive care for those living in rural areas across the U.S. Pharmacists are among the most trusted members of a local community – especially for the more than 50 percent of Americans living with a chronic condition. Rite Aid
May 20, 2022 by MMR
children, COVID boosters, Rite Aid
Leading Headlines, Retail News
PHILADELPHIA — Rite Aid will begin administering a booster dose of Pfizer’s COVID-19 vaccine at select locations for eligible children ages 5 to 11, following approval by the Centers for Disease Control and Prevention and the Food and Drug Administration, the company said Friday. Bartell Drugs, owned by Rite Aid Corp., will also begin administering boosters
May 3, 2022 by MMR
Afterpay, Rite Aid
Leading Headlines, Money, Retail News
SAN FRANCISCO — Afterpay and Rite Aid announced a partnership Tuesday, offering Rite Aid’s online shoppers a new way to pay for everyday items in four installments at no additional cost when paid on time. This partnership will help customers access and spend responsibly on everyday goods with Afterpay’s budgeting tool. Justin Mennen “Our relationship with Rite
April 21, 2022 by MMR
acquisition, Rite Aid, Spear Point Capital Management
Leading Headlines, Money, Retail News
PHILADELPHIA – Rite Aid Corp. has confirmed that it previously rejected a non-binding, off-market proposal from Spear Point Capital Management (Spear Point) to acquire all of the outstanding shares of the company’s common stock. The company and its board of directors reviewed the proposal with the assistance of its financial and legal advisors, and the
April 14, 2022 by MMR
personnel moves, Rite Aid, statement
Leading Headlines, People, Retail News
PHILADELPHIA — Rite Aid issued a statement Thursday on personnel moves that were made this week. “As part of our ongoing efforts to reduce costs and streamline operations, we have restructured our senior and corporate leadership teams, eliminating certain positions. As part of these changes, Erik Keptner, SVP, chief marketing and merchandising officer, and Bill
April 14, 2022 by MMR
Heyward Donigan, Rite Aid
Featured Articles, Leading Headlines, Money, Retail News
PHILADELPHIA — Rite Aid Thursday reported fourth quarter revenue that topped Wall Street’s forecast. The company posted revenue of $6.065 billion for the period ended February 26, up 2.5 percent from $5.917 billion in the year-ago quarter and far greater than the FactSet consensus of $5.470 billion. The gain was driven by retail segment growth,
April 4, 2022 by MMR
COVID-19 vaccines, Medicare, Rite Aid
Leading Headlines, Retail News
PHILADELPHIA — Beginning Monday, people with Medicare Part B can visit any Rite Aid location and receive up to eight over-the-counter COVID-19 tests every month at no cost. Heyward Donigan As part of the Medicare COVID-19 Over-the-Counter Test Initiative, people covered by Medicare Part B can bring their red, white, and blue Medicare card to any
March 30, 2022 by MMR
Rite Aid, second booster
Leading Headlines, Retail News
PHILADELPHIA — Rite Aid will begin administering a second booster of the mRNA Pfizer and Moderna COVID-19 vaccines for eligible individuals, following approval by the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA), the company said Wednesday. Individuals aged 50 and older and certain immunocompromised individuals aged 12 and older
March 21, 2022 by MMR
Andre Persaud, Jim Peters, Jocelyn Konrad, Karen Staniforth, Rite Aid
2022, Issue 03-21-2022, Issues
PHILADELPHIA — Rite Aid Corp. earlier this month took steps to realign its management team and streamline the company’s operations. The move came on the heels of the introduction of a new customer loyalty program and a revamped philanthropic arm. The management changes included the elimination of the Rite Aid chief operating officer position and
March 8, 2022 by MMR
Jim Peters, Jocelyn Konrad, Karen Staniforth, Rite Aid
Featured Articles, Leading Headlines, People, Retail News
PHILADELPHIA — Rite Aid Corp. announced on Tuesday steps to realign its management team and streamline the company’s operations, including the elimination of the Rite Aid chief operating officer position and consolidation of its pharmacy leadership. As a result, Jim Peters, COO, and Jocelyn Konrad, executive vice president and chief pharmacy officer, have left the company.