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.
ANN ARBOR, Mich. — Customer satisfaction with retail is relatively stable, according to the American Customer Satisfaction Index’s 2021-2022 ranking. The Retail Trade sector as a whole saw its score dip just 0.5% to 75.1 (out of 100). “Cool stability,” says ACSI managing director David VanAmburg. “That’s the best way to describe the retail sector
PHILADELPHIA — Rite Aid said on Wednesday that free N95 non-surgical masks are now available at many of Rite Aid’s locations across the country and are expected to be in all locations this week. The masks are free of charge through the federal government’s distribution program to provide them to all Americans who want them. Customers
ATLANTA – Rite Aid Corp. and RELEX Solutions announced on Thursday an expansion of their partnership to include unified supply chain and category management. After launching RELEX’s end-to-end forecasting and replenishment solution in early 2021, Rite Aid will expand their use of RELEX to include space and floor planning, as well as space-aware replenishment for more than
CAMP HILL, Pa. – Rite Aid Corp. posted adjusted earnings of $8.2 million or 15 cents per share for the third quarter, surprising analysts who had forecast an 18 cents per share loss. The company reported a net loss of $36.1 million, or 67 cents per share, for the quarter ended November 27. Adjusted EBITDA
CAMP HILL, Pa. — Rite Aid Corp., whose corporate associates have been successfully working remotely since the early days of the pandemic, plans to embrace a remote-first approach going forward. The company plans to establish an official headquarters in Philadelphia designed specifically for in-person collaboration and company gatherings, rather than for office spaces. Additionally, planned
PHILADELPHIA — Rite Aid Corp. has expanded its partnership with Uber Technologies to offer delivery of Rite Aid products nationwide through Uber Eats, the company said Friday. This partnership will allow customers to conveniently order and receive essential health care and grocery items directly to their homes. Jim Peters On-demand delivery is now available for 2,185
CAMP HILL, Pa. — Rite Aid Corp. on Thursday reported a narrower than expected second quarter loss. The net loss was $100.3 million, or $1.86 per share for the period ended August 28. The adjusted net loss was $22 million, or 41 cents per share. Analysts had forecast an adjusted net loss of 48 cents. Adjusted
CAMP HILL, Pa. — Rite Aid is partnering with CLEAR, the secure identity company, to offer customers the ability to access and share their proof of COVID-19 vaccination with CLEAR’s digital vaccine card and Health Pass. Customers vaccinated at any Rite Aid location can supplement their paper vaccination card with a verified digital version accessible on
PHILADELPHIA — Rite Aid has announced its corporate workplace of the future – a remote-first work approach for corporate associates, supported by a network of collaboration centers throughout the company’s geographic footprint. The reimagined workplace model focuses on flexibility for associates, while also creating an official headquarters space in Philadelphia designed specifically for in-person collaboration and
CAMP HILL, Pa. — Rite Aid’s Elixir subsidiary, which provides pharmacy benefits and services, said Tuesday that veteran healthcare and pharmacy executive Lance Neill has joined the company as chief operating officer. Neill was most recently vice president of network development and contracting for Centene’s portfolio of managed care products, representing $32 billion in annual
CAMP HILL, Pa. — Rite Aid and the U.S. Department of Health and Human Services (HHS), together with BioReference Laboratories, Inc., an OPKO Health company, announced a ‘Back to School’ COVID-19 testing program offering students at New York State public schools the opportunity for free COVID-19 testing prior to or at the start of the