NT_1170x120_1-11-18

John Standley

Rite Aid appoints Heyward Donigan as CEO

Rite Aid appoints Heyward Donigan as CEO

CAMP HILL, Pa .— Rite Aid Corp. announced Monday that the board of directors has appointed Heyward Donigan as chief executive officer and a member of the board, effective immediately. As planned, John Standley will step down from his role as chief executive officer in connection with this announcement. “Today’s announcement is an important step

Rite Aid releases inaugural CSR report

Rite Aid releases inaugural CSR report

CAMP HILL, Pa. — With a continuous commitment to the promotion and execution of socially responsible company management, Rite Aid has released its inaugural corporate social responsibility report. The report highlights the company’s latest accomplishments with respect to the economic, environmental and social issues related to our business. The framework for the report was based

Rite Aid reports fiscal 2020 Q1 results

Rite Aid reports fiscal 2020 Q1 results

CAMP HILL, Pa. — Rite Aid Corp. on Wednesday reported operating results for its first fiscal quarter ended June 1, 2019. The company reported net loss from continuing operations of $99.3 million, or $1.88 per share; adjusted net loss from continuing operations of $7.5 million, or $0.14 per share, and adjusted EBITDA from continuing operations

Rite Aid teams with Adobe to drive digital transformation

Rite Aid teams with Adobe to drive digital transformation

CAMP HILL, Pa. – Rite Aid Corp. has entered into a strategic partnership with Adobe to deliver seamless, personalized and connected health and wellness experiences for Rite Aid customers via Adobe Experience Cloud, the industry’s leading end-to-end solution for experience creation, marketing, advertising, analytics and commerce. Adobe Experience Cloud will enhance Rite Aid’s ability to

Rite Aid announces leadership restructuring

Rite Aid announces leadership restructuring

CAMP HILL, PA – Rite Aid Corp. announced Tuesday a leadership transition plan and an organizational restructuring to better align its structure with the company’s operations and to reduce costs. As part of the leadership transition, John Standley will step down as chief executive officer. The Board will promptly commence a search process for a

Rite Aid names Bulkley CEO of EnvisionRxOptions

Rite Aid names Bulkley CEO of EnvisionRxOptions

CAMP HILL, Pa.— Rite Aid Corp. announced that Ben Bulkley, an established executive with more than 20 years’ experience in health care and technology, has been named chief executive officer of EnvisionRxOptions, a pharmacy benefit management (PBM) company and wholly owned subsidiary of Rite Aid. Bulkley will report to Rite Aid CEO John Standley. Bulkley

Rite Aid, McKesson continue partnership

Rite Aid, McKesson continue partnership

CAMP HILL, Pa. – Rite Aid Corp. and McKesson Corp.  announced an agreement to key terms that will continue the companies’ pharmaceutical sourcing and distribution partnership for an additional 10 years. Under these terms, McKesson will continue providing Rite Aid with sourcing and direct-to-store delivery for brand and generic pharmaceutical products through March 2029. Rite

Rite Aid’s Q2 earnings meet expectations

Rite Aid’s Q2 earnings meet expectations

CAMP HILL, Pa. – Rite Aid Corp. on Thursday posted second-quarter earnings that were in line with Wall Street’s expectations. The company also named three new board members and announced it was dividing the chairman and chief executive officer position. Director Bruce Bodaken will become chairman while John Standley remains CEO. The moves follow the

Rite Aid, Albertsons agree to terminate merger

Rite Aid, Albertsons agree to terminate merger

CAMP HILL, Pa. – Rite Aid Corp. announced that it has mutually agreed with Albertsons Cos. to terminate their previously announced merger agreement. “While we believed in the merits of the combination with Albertsons, we have heard the views expressed by our stockholders and are committed to moving forward and executing our strategic plan as

Rite Aid reports fiscal 2019 first quarter results

Rite Aid reports fiscal 2019 first quarter results

CAMP HILL, Pa. — Ahead of the August 9 shareholders vote on the proposed merger with Albertsons, Rite Aid Corp. reported operating results for its first fiscal quarter ended June 2, 2018. For the first quarter, the company reported net loss from continuing operations of $41.7 million, or $0.04 per share, Adjusted net loss from

Despite red ink, Rite Aid sees some progress

Despite red ink, Rite Aid sees some progress

CAMP HILL, Pa. — Rite Aid Corp. on Thursday reported net income of $767.1 million, or 73 cents per diluted share, for the fourth quarter ended March 3. The company showed a net loss from continuing operations of $483.7 million, or 46 cents per diluted share, for the quarter. Adjusted net loss from continuing operations

1 2 3 8