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Tag: Rite Aid Corporation

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Albertsons Companies and Rite Aid Corporation announce merger agreement

Combination Will Create Strong Local Networks in Attractive Geographies Integrated Platform Will Provide Customers Greater Choice, Convenience, and Access, and Accelerate Omni-Channel Strategy to Reach More Customers and Drive Profitable Growth John Standley to Serve as Chief Executive Officer and Bob Miller to Serve as Chairman of Combined Company Transaction Expected to Generate Run…
February 21, 20180Comments

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Business Management Outlet Retail Retailer

Walgreens Boots Alliance to purchase 2,186 stores, three distribution centers and related inventory from Rite Aid

New agreement replaces previous merger agreement with Rite Aid and proposed divestiture transaction with Fred’s DEERFIELD, Ill., 2017-Jul-02 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) announced today (June 29, 2017) a new definitive agreement with Rite Aid Corporation under which Walgreens Boots Alliance will purchase 2,186 stores, three distribution centers and related…
July 2, 20170Comments

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Business Management Retail Retailer

Walgreens Boots Alliance and Rite Aid Corporation certified substantial compliance with Request for Additional Information

Deerfield, Ill. and Camp Hill, Pa., 2017-May-09 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) and Rite Aid Corporation (NYSE: RAD) today announced that they have certified substantial compliance with the Request for Additional Information (the "Second Request") from the United States Federal Trade Commission (FTC) regarding their merger agreement under which Walgreens…
May 9, 20170Comments

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Business Healthcare Management Retail Retailer

Rite Aid Corporation appoints Ken Black SVP and chief human resources officer

CAMP HILL, Pa., 2017-Jan-25 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today (Jan. 23, 2017) announced that Ken Black, Rite Aid's current group vice president of compensation, benefits and shared services, has been named senior vice president and chief human resources officer, effective immediately. He is succeeding Dedra N. Castle, who is…
January 25, 20170Comments

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Business Financial Healthcare Management Retail Retailer

Rite Aid Corporation announces operating results for its second fiscal quarter ended August 27, 2016

CAMP HILL, Pa., 2016-Sep-23 — /EPR Retail News/ — For the second quarter, the company reported revenues of $8.0 billion, net income of $14.8 million, or $0.01 per diluted share, Adjusted net income of $35.5 million, or $0.03 per diluted share and Adjusted EBITDA of $312.7 million, or 3.9 percent of revenues. "In the second quarter, we…
September 23, 20160Comments

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Business Financial Healthcare Management Retail Retailer

Rite Aid Corporation to release Q2 FY2017 financial results on Sept. 22, 2016

CAMP HILL, Pa., 2016-Sep-15 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) said today (Sept. 14, 2016) that it will release financial results for its Fiscal 2017 Second Quarter at 7 a.m. Eastern time Thursday, Sept. 22, 2016. Given the company's pending merger with Walgreens Boots Alliance, Inc. (Nasdaq: WBA), Rite Aid will not be…
September 15, 20160Comments

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Business Management Retail Retailer

Walgreens Boots Alliance updates on its pending acquisition of Rite Aid Corporation

DEERFIELD, Ill., 2016-Sep-09 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today (8 September 2016 ) provided the following update on its pending acquisition of Rite Aid Corporation (NYSE: RAD). Walgreens Boots Alliance and Rite Aid remain actively engaged with the Federal Trade Commission (FTC) regarding its review of the pending acquisition. As a…
September 9, 20160Comments

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Consumer Information Healthcare Management Retail

Rite Aid announces availability of naloxone without prescription in 13 states

CAMP HILL, Pa., 2016-Aug-30 — /EPR Retail News/ — Rite Aid announced today (Aug. 29, 2016) that naloxone, a medication that can be used to reverse the effects of an opioid overdose, is now available at their pharmacies in 13 states without a prescription, subject to state regulations. Previously, naloxone, which can be administered by injection…
August 30, 20160Comments

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Business Financial Management Retail Retailer

Rite Aid Corporation to release its Fiscal 2017 First Quarter financial results on Thursday, June 16, 2016

CAMP HILL, Pa., 2016-Jun-07 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2017 First Quarter at 7 a.m. Eastern time Thursday, June 16, 2016. Given the company's pending merger with Walgreens Boots Alliance, Inc. (Nasdaq: WBA), Rite Aid will not be holding a…
June 7, 20160Comments

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Business Healthcare Management Retail Retailer

Rite Aid Corporation opens its new distribution center in Spartanburg, S.C.

Secretary of Commerce Bobby Hitt to Join Rite Aid Officials at Ribbon-Cutting Today at 10 a.m.  Rite Aid Foundation Donates $25,000 to Boys & Girls Clubs of the Upstate as Part of Celebration CAMP HILL, Pa., 2016-Jun-07 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today (June 1, 2016) the grand opening of its…
June 7, 20160Comments

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Business Consumer Services Management Retail Retailer

Winners of Rite Aid’s 2015 Vote for Your Favorite Pharmacy Team Member Contest announced

Michigan Pharmacy Technician and Maryland Customer Each Win $2,500 Rite Aid Gift Card in Customer Service Contest CAMP HILL, Pa. , 2016-Apr-20 — /EPR Retail News/ — Rite Aid is proud to announce the two winners of the 2015 Vote for Your Favorite Pharmacy Team Member Contest. Sharon Balser, a Rite Aid pharmacy technician from Milford,…
April 20, 20160Comments

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Business Financial Management Retail Retailer

Rite Aid Corporation announces operating results for its fourth quarter and fiscal year ended February 27, 2016

Revenues of $8.3 Billion for the Fourth Quarter, Up 20.8 Percent Year-Over-Year and $30.7 Billion for the Full Year, Up 15.9 Percent Year-Over-Year  Fourth Quarter Adjusted Net Income Per Diluted Share of $0.07, Compared to the Prior Yearof $0.06; Full Year Adjusted Net Income Per Diluted Share of $0.23, Compared to the Prior Year  of $0.27  Fourth…
April 9, 20160Comments

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Business Financial Management Retail Retailer

Rite Aid Corporation to release Fiscal 2016 Fourth Quarter financial results on April 7, 2016

CAMP HILL, Pa., 2016-Mar-25 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2016 Fourth Quarter at 7 a.m. Eastern time Thursday, April 7, 2016. Given the company's pending merger with Walgreens Boots Alliance, Inc. (Nasdaq: WBA), Rite Aid will not be holding a…
March 25, 20160Comments

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Business Healthcare Management Retail Retailer

Rite Aid Corporation announces sales results for February

CAMP HILL, Pa., 2016-Mar-05 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results of its retail pharmacy segment for February. Monthly Sales For the five weeks ended Feb. 27, 2016, same store sales decreased 0.8 percent over the prior-year period. February front-end same store sales decreased 0.5 percent. Pharmacy same store sales, which…
March 5, 20160Comments

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Business Healthcare Management Retail Retailer

Rite Aid Corporation announces January sales results of its retail pharmacy segment

CAMP HILL, Pa., 2016-Feb-01 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results of its retail pharmacy segment for January. Monthly Sales For the four weeks ended Jan. 23, 2016, same store sales decreased 1.4 percent over the prior-year period. January front-end same store sales decreased 1.9 percent. Pharmacy same store sales, which…
February 1, 20160Comments

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Business Financial Management Retail Retailer

Walgreens Boots Alliance Completes $12.8 Billion placement as part of its proposed acquisition of Rite Aid Corporation

DEERFIELD, Ill., 2015-12-22 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq:WBA) today announced it has completed the placement of $5 billion of term loan facilities, evenly split between two tranches of $2.5 billion each, with three- and five-year maturities, respectively, and a $7.8 billion term loan bridge facility. These facilities replace the company’s previously reported…
December 22, 20150Comments

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Business Financial Healthcare Management Retail Retailer

Rite Aid Corporation to release financial results for Fiscal 2016 Third Quarter ended Nov. 28, 2015 on Thursday, Dec. 17, 2015

CAMP HILL, Pa., 2015-12-8 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2016 Third Quarter, which ended Nov. 28, 2015, on Thursday, Dec. 17, 2015. Given the company's pending merger with Walgreens Boots Alliance, Inc. (Nasdaq: WBA), Rite Aid will not be holding a…
December 8, 20150Comments

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Business Financial Management Retail Retailer

Rite Aid Corporation announces sales results for November

CAMP HILL, Pa., 2015-12-4 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results of its retail pharmacy segment for November. Monthly Sales For the five weeks ended Nov. 28, 2015, same store sales increased 0.9 percent over the prior-year period. November front-end same store sales increased 1.2 percent. Pharmacy same store sales, which included…
December 4, 20150Comments

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Business Management Retail Retailer

Darren Karst promoted to the combined role of senior executive VP and CFO and chief administrative officer Rite Aid Corporation

Company Also Names Jim Comitale as SVP, General Counsel and Secretary CAMP HILL, Pa., 2015-10-30 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced that Darren Karst has been promoted to the combined role of senior executive vice president and chief financial officer and chief administrative officer, effective immediately. He will continue to report…
October 30, 20150Comments

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Business Financial Healthcare Retail Retailer

Rite Aid 2Q Fiscal 2016: Net Income $21.5m; Adjusted EBITDA $346.8m

Second Quarter Net Income of $21.5 Million and Net Income per Diluted Share of $0.02, Compared to Prior Year's Second Quarter Net Income of $127.8 Million and Net Income  per Diluted Share of $0.13 Second Quarter Adjusted EBITDA of $346.8 Million Compared to Adjusted EBITDA of $364.2 Million in Prior Year's Second Quarter Completes Previously Announced Acquisition…
September 21, 20150Comments

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Healthcare Retail Retailer

Rite Aid Corporation announces that seasonal flu shots are now available at all Rite Aid pharmacies nationwide

Rite Aid Pharmacists Ready to Help Patients Protect Themselves Against the Flu Rite Aid's Workplace Flu Shot Clinic and Voucher Programs Return Camp Hill, PA, 2015-8-13— /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today that seasonal flu shots are now available at all Rite Aid pharmacies nationwide. Customers can visit any of…
August 13, 20150Comments

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Business Healthcare Management Retail Retailer

Rite Aid Corporation announces the promotion of Ken Martindale to the newly created position CEO of Rite Aid stores

Martindale Will Continue to Report to Rite Aid Chairman and CEO John Standley Other Executive Management Appointments Announced to Help Drive Growth <and Operational Efficiencies CAMP HILL, Pa., 2015-8-4— /EPR Retail News/ — Rite Aid Corporation (NYSE:RAD) has announced that Ken Martindale, who is currently president and chief operating officer, has been promoted to the newly created…
August 4, 20150Comments

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Business Healthcare Management Retail Retailer

Rite Aid Corporation announces Reliance ACO as the latest healthcare provider to join its Rite Aid Health Alliance initiative

Member Physicians, Rite Aid Pharmacists and Special Care Coaches to Provide Personalized, Community-Based Health Management to Chronic and Poly-Chronic Patients CAMP HILL, Pa., 2015-7-30 — /EPR Retail News/ — Rite Aid Corporation (NYSE:RAD) has announced Reliance ACO, based in southeast Mich., as the latest healthcare provider to join its Rite Aid Health Alliance initiative. Through Rite Aid…
July 30, 20150Comments

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Business Healthcare Management Retail Retailer

Rite Aid Corporation announces the promotion of Frank Ho to vice president of indirect procurement

CAMP HILL, PA, 2015-7-17 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today that Frank Ho, currently senior director of indirect procurement, has been promoted to vice president of indirect procurement. In this position, Ho will oversee the Company's procurement strategy and all related operations, including systems, supplier and contract management. Ho will report to…
July 17, 20150Comments

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Business Healthcare Management Retail Retailer

Rite Aid Corporation announces that Paul Zikmund is joining Rite Aid as group VP of risk and controls

CAMP HILL, PA, 2015-7-7 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today that Paul Zikmund, a risk management professional with nearly 30 years of experience, is joining Rite Aid as group vice president of risk and controls. In this new position, Zikmund will oversee the risk management program for Rite Aid as well as…
July 7, 20150Comments

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Healthcare Management Marketing Retail Retail Services Retailer

Rite Aid Corporation launches new integrated marketing campaign in support of wellness+ with Plenti

Coalition Loyalty Program Brings Additional Benefits to wellness+ Members Camp Hill, Pa., 2015-5-19 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) has launched a new integrated marketing campaign in support of wellness+ with Plenti. As a part of Plenti, the nation's first coalition loyalty program, Rite Aid now offers its nearly 25 million active wellness+…
May 19, 20150Comments

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Healthcare Management Retail Retailer

Rite Aid Corporation enhances its loyalty program wellness+ thanks to its participation in Plenti

As part of Plenti, the first U.S. Loyalty Coalition, Rite Aid will Partner with Leading Brands Including AT&T, ExxonMobil, Macy's, Nationwide Insurance, Enterprise Rent-A-Car, Direct Energy and Hulu Camp Hill, Pa., 2015-5-6 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today that an enhanced version of its award-winning loyalty program, wellness+, is now available…
May 6, 20150Comments

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Business Healthcare Management Retail Retailer

Rite Aid Corporation announces the appointment of Steve Rempel as its senior vice president and chief information officer

CAMP HILL, PA, 2015-4-22 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today that Steve Rempel, a highly experienced  information technology executive, has been named Rite Aid's senior vice president and chief information officer. In this position, Rempel will have responsibility for all aspects of the company's technology and information operations, including computer systems,…
April 22, 20150Comments

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Business Financial Healthcare Management Retail Retailer

Rite Aid Corporation reports its operating results for its fourth quarter and fiscal year ended February 28, 2015

•   Fourth Quarter Net Income of $1.835 Billion and Net Income per Diluted Share of $1.79, Compared to the Prior Year's Fourth Quarter Net Income of $55.4 Million and Net Income per Diluted Share of $0.06 •   Full Year Net Income of $2.109 Billion and Net Income per Diluted Share of $2.08, Compared to the Prior…
April 9, 20150Comments

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Business Financial Healthcare Management Retail Retailer

Rite Aid Corporation announces March sales results; 4.3 percent up over the prior-year period

CAMP HILL, Pa., 2015-4-6 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) today announced sales results for March. Monthly Sales  For the four weeks ended March 28, 2015, same store sales increased 4.3 percent over the prior-year period. March front-end same store sales increased 2.5 percent. Pharmacy same store sales, which included an approximate 167 basis points…
April 6, 20150Comments

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