May 17, 2017 by CDR Blog and Chain Drug Review
Amazon, drugstore.com, Mark Lyons, Rite Aid
CDR Blog
Amazon’s move into groceries shook up the food retail scene. That scenario may be in store for pharmacies. CNBC reported Tuesday evening that Amazon is ushering in a “business lead” to explore a foray into the pharmacy business and that the company has stepped up recruiting from the pharmacy arena. Citing unidentified sources, CNBC said
May 16, 2017 by CDR Blog and Chain Drug Review
Federal Trade Commission, Fred's, Rite Aid, Walgreens Boots Alliance, Walgreens-Rite Aid merger, WBA-Rite Aid deal
CDR Blog, Leading Headlines
Walgreens Boots Alliance and Rite Aid last week said they’ve complied with the Federal Trade Commission’s second request for information on their merger deal. But it appears the FTC still wants to know more. The New York Post reported Tuesday that the FTC has issued civil investigative demands (CIDs) to Walgreens vendors and competitors to
May 9, 2017 by Chain Drug Review
John Standley, Rite Aid, Stefano Pessina, Walgreens Boots Alliance, Walgreens-Rite Aid merger
Business, Featured Articles, Leading Headlines, Retail News
DEERFIELD, Ill., and CAMP HILL, Pa. — Walgreens Boots Alliance (WBA) and Rite Aid Corp. said they have met the Federal Trade Commission’s second request for information on their planned merger. Late Monday, WBA and Rite Aid announced that they have “certified substantial compliance,” meaning that they have provided the information needed to determine if
May 4, 2017 by Chain Drug Review
Fred's, Fred's Pharmacy, Michael Bloom, Rite Aid, Walgreens, Walgreens Boots Alliance, Walgreens-Rite Aid merger
Business, Featured Articles, Leading Headlines, Pharmacy
MEMPHIS, Tenn. — Fred’s Pharmacy reported declined sales for April and its fiscal 2017 first quarter, though seasonal business lifted same-store sales for the month. Fred’s said Thursday that sales for the four weeks ended April 29 totaled $159.1 million, down 3% from $163.9 million a year earlier. April same-store sales edged up 1.2% year
April 26, 2017 by Chain Drug Review
2017 NACDS Annual Meeting, Alex Gourlay, H-E-B, Martin Otto, National Association of Chain Drug Stores, new NACDS chairman, Rite Aid, Susan Henderson, video, Walgreens Boots Alliance
Videos
A new NACDS chairman was inaugurated on the final day of the 2017 NACDS Annual Meeting. Alex Gourlay, co-chief operating officer of Walgreens Boots Alliance, took the gavel from outgoing chairman Martin Otto, chief merchant and chief financial officer at H-E-B, at the conference’s Tuesday morning Business Program. “I think my role, really, is to
April 25, 2017 by Chain Drug Review
EnvisionRx, John Standley, RediClinic, Rite Aid, Walgreens Boots Alliance, Walgreens-Rite Aid merger
Business, Featured Articles, Leading Headlines, Retail News
CAMP HILL, Pa. — Despite declines in net income, Rite Aid Corp. posted increased sales and exceeded Wall Street’s adjusted earnings per share forecast for its fiscal 2017 fourth quarter and year. Chairman and chief executive officer John Standley, however, noted that the ongoing regulatory review of Rite Aid’s deal to be acquired by Walgreens
April 22, 2017 by Scot Meyer and Chain Drug Review
Fred's, Mike Bloom, Rite Aid, Stefano Pessina, Walgreens Boots Alliance
2017, Issue 04-24-2017, Issues, News
NEW YORK — Walgreens Boots Alliance Inc. (WBA) executive vice chairman and chief executive officer Stefano Pessina has expressed confidence that the company’s planned merger with Rite Aid Corp. will be approved by the end of July. “I am still optimistic that we will bring this deal to a successful conclusion, but there is no
April 19, 2017 by CDR Blog and Chain Drug Review
Federal Trade Commission, Rite Aid, Walgreens Boots Alliance, Walgreens-Rite Aid merger, WBA-Rite Aid deal
CDR Blog
Rite Aid saw its stock price sink to a 52-week low on Wednesday after a report that the Federal Trade Commission may challenge the drug chain’s acquisition by larger rival Walgreens Boots Alliance. Citing trade publication The Capital Forum, Bloomberg reported that the FTC was mulling a lawsuit to block the deal. Rite Aid’s share
April 4, 2017 by Chain Drug Review
Favorite Pharmacy Team Member Contest, Jocelyn Konrad, Ken Martindale, Rite Aid
Leading Headlines, Pharmacy, Retail News
CAMP HILL, Pa. — Rite Aid Corp. has announced the two winners of its “Vote for Your Favorite Pharmacy Team Member” contest. The drug chain said Tuesday that this year’s winners are Amanda Bourque, a Rite Aid pharmacy technician from Coventry, R.I., and JoAnn Lankford, a loyal Rite Aid customer from Providence Forge, Va. Bourque
April 3, 2017 by Chain Drug Review
Federal Trade Commission, Fred's, Rite Aid, Walgreens Boots Alliance, WBA-Rite Aid deal
2017, Issue 04-03-2017, Issues, News
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) is reportedly prepared to sell additional stores and other assets to Fred’s Inc. in an effort to win Federal Trade Commission approval for its merger with Rite Aid Corp. WBA, which had initially agreed to sell 865 Rite Aid stores to Fred’s, is planning to raise that
April 3, 2017 by David Pinto and Chain Drug Review
chain drug retailing, chain drug stores, CVS Health, David Pinto, mass retailing industry, pharmacy retailers, Rite Aid, Walgreens Boots Alliance, Walgreens-Rite Aid deal
2017, Issue 04-03-2017, Issues, Opinion
April is here — and still no resolution on the pending acquisition of Rite Aid Corp. by Walgreens Boots Alliance Inc. As time stretches out, this indecision bodes ill for an acquisition that was until recently viewed as an agreement with benefits for both parties. Now, confusion is apparently overtaking certainty — and there is
March 31, 2017 by CDR Blog and Chain Drug Review
Federal Trade Commission, Fred's, Maureen Ohlhausen, Rite Aid, Sean Reyes, Walgreens Boots Alliance, Walgreens-Rite Aid merger
CDR Blog
Walgreens Boots Alliance has gone ahead and set a deadline for the Federal Trade Commission to approve its deal to acquire Rite Aid Corp. According to the New York Post, WBA has “certified compliance” in its application, meaning that it has provided the FTC with the information needed to determine if the Walgreens-Rite Aid merger
March 20, 2017 by Chain Drug Review
Children’s Miracle Network Hospitals, John Lauck, Ken Martindale, Miracle Balloon, Rite Aid, Rite Aid Foundation
Retail News
CAMP HILL, Pa. — Rite Aid Corp. has kicked off an in-store fundraising campaign for Children’s Miracle Network Hospitals. The drug chain said Monday that through May 6, customers will be encouraged to support their local children’s hospital by buying $1 paper Miracle Balloon. In return, they will get $7 in coupon offers for select
March 15, 2017 by Chain Drug Review
American Express, BI-LO, Brian Owens, coalition loyalty program, Harveys Supermarkets, Josh Berwitz, Kantar Retail, Plenti, Rite Aid, Sharry Cramond, Southeastern Grocers, wellness+ with Plenti, Winn-Dixie
Leading Headlines, Retail News
NEW YORK — Southeastern Grocers LLC has become the first supermarket operator to join the Plenti coalition loyalty program operated by American Express. The program, which allows members to earn and use rewards at a number of businesses, including Exxon and Mobil gas stations and Rite Aid and Macy’s stores, will roll out to the