Wendy future of retail top

Rite Aid

Rite Aid ready with MMR vaccines for mumps outbreaks

Rite Aid ready with MMR vaccines for mumps outbreaks

CAMP HILL, Pa. — Citing an upswing in mumps cases around the country, Rite Aid Corp. is spotlighting its pharmacies as a destination for the MMR vaccine. Rite Aid said Wednesday that MMR (measles, mumps and rubella) vaccinations are available on a walk-in basis during pharmacy hours at its drug stores in 28 states and

WBA reportedly ups ante for Rite Aid deal approval

WBA reportedly ups ante for Rite Aid deal approval

The latest scuttlebutt on the Walgreens-Rite Aid merger: Walgreens Boots Alliance looks to be divesting even more stores and other assets to Fred’s. Citing anonymous sources, Bloomberg reported Tuesday that WBA is “nearing an agreement” to raise the number of stores to sell to Fred’s as well as include distribution centers, software and staff. No

Rite Aid’s RediClinic nears 100 locations

Rite Aid’s RediClinic nears 100 locations

TOMS RIVER, N.J. — Rite Aid Corp.’s RediClinic retail health clinic subsidiary is approaching a milestone. With the grand opening of six clinics late last month — inside Rite Aid stores in Toms River (two locations), Belford, Little Egg Harbor, Neptune and Old Bridge, N.J. — RediClinic has 99 locations overall. The 100th is due

Report: WBA may push FTC on Rite Aid deal decision

Report: WBA may push FTC on Rite Aid deal decision

It has been over 14 months and two deal date extensions since the announcement of Walgreens Boots Alliance’s agreement to acquire Rite Aid Corp. Now WBA may act to push the Federal Trade Commission to come to a decision. The New York Post reported that WBA may claim that it has “certified compliance” in its

Fred’s revamps its board of directors

Fred’s revamps its board of directors

MEMPHIS, Tenn. — Fred’s Inc. has overhauled its board of directors, including the appointment of chief executive officer Michael Bloom and retail industry veterans Christopher Bodine and Peter Bocian as members. Fred’s said Tuesday that Bloom, Bodine and Bocian join the board effective immediately. Former Fred’s CEOs Jerry Shore and Michael Hayes and longtime director

Rite Aid’s RediClinic opens new clinics in N.J.

Rite Aid’s RediClinic opens new clinics in N.J.

TOMS RIVER, N.J. — RediClinic has opened six new retail health clinics inside Rite Aid drug stores in eastern New Jersey with partner Hackensack Meridian Health. The new RediClinics — in Toms River (two locations), Belford, Little Egg Harbor, Neptune and Old Bridge, N.J. — were officially launched Monday in a grand opening event in

WBA, Rite Aid amend terms of merger deal

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. have extended the end date for their merger by six months, and have indicated a willingness to sell up to 1,200 Rite Aid stores to win Federal Trade Commission approval for the deal. Originally WBA said it was willing to divest up to

Fate of WBA-Rite Aid deal hangs in balance

Fate of WBA-Rite Aid deal hangs in balance

The major question in mass retailing this year, as the industry concludes the second month of 2017, is when — and indeed whether — Walgreens Boots Alliance’s acquisition of Rite Aid will be fruitfully concluded. As anyone who really cares knows by now the deadline for finalizing the Walgreens-Rite Aid merger has been extended to

Rite Aid expands no-Rx access to naloxone

Rite Aid expands no-Rx access to naloxone

CAMP HILL, Pa. — Rite Aid Corp. is has made the opioid overdose antidote naloxone available without a prescription in six more states. The drug chain said Wednesday that more than 630 Rite Aid pharmacies in Georgia, Louisiana, Tennessee, Utah, Virginia and West Virginia now offer naloxone without a requiring a doctor’s prescription, subject to

Fred’s readies funding to buy more Rite Aid stores

Fred’s readies funding to buy more Rite Aid stores

MEMPHIS, Tenn. — Fred’s Inc. has amended a revolving credit facility in the event that it must acquire additional Rite Aid stores in connection with the pending Walgreens-Rite Aid merger. According to a filing with the Securities and Exchange Commission, Fred’s is increasing its revolving loan commitment to $225 million from $150 million. Among other

Jury still out on WBA-Rite Aid merger deal

Jury still out on WBA-Rite Aid merger deal

WASHINGTON — The acquisition of Rite Aid Corp. by Walgreens Boots Alliance (WBA) Inc. remained unconsummated after WBA’s plan to divest 865 stores failed to erase antitrust regulators’ competitive concerns. When the Friday, January 27, deadline for completing the Walgreens-Rite Aid merger deal arrived, the Federal Trade Commission still hadn’t cleared the transaction, despite the

Rite Aid names chief HR officer

CAMP HILL, Pa. — Rite Aid Corp. has promoted Ken Black to senior vice president and chief human resources officer. He succeeds Dedra Castle, who is leaving the company for personal health reasons. “On behalf of the entire Rite Aid team, I thank Dedra for her many significant contributions to our company,” Rite Aid chairman

Costco inks 90-day scripts pact with Rite Aid’s EnvisionRx

Costco inks 90-day scripts pact with Rite Aid’s EnvisionRx

TWINSBURG, Ohio, and ISSAQUAH, Wash. — Costco Wholesale Corp. plans to offer a 90-day maintenance medication program through its pharmacies under an agreement with EnvisionRx, a pharmacy benefit management subsidiary of Rite Aid Corp. The companies said Thursday that Costco will participate in EnvisionRx’s Rx90 prescription drug program. Rx90 enables patients to fill 90-day prescriptions

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