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Kermit Crawford

Rite Aid Foundation donates $150,000 to wildfire relief efforts

Rite Aid Foundation donates $150,000 to wildfire relief efforts

CAMP HILL, Pa. — The Rite Aid Foundation announced today a $150,000 donation that will be distributed across several California relief organizations assisting the families, evacuees and firefighters impacted by the deadly Camp, Woolsey and Hill wildfires. The Camp Fire has now become the deadliest wildfire in California’s history. To help relief efforts, the Rite

Rite Aid rolls out its drug safety program to Seattle schools

Rite Aid rolls out its drug safety program to Seattle schools

CAMP HILL, Pa. — In an effort to help address adolescent drug abuse and misuse in the state of Washington, The Rite Aid Foundation is bringing the Prescription Drug Safety program, an innovative digital course about prescription drug abuse prevention, to Seattle-area high schools. The program, developed by EVERFI, the nation’s leading technology innovator used

Rite Aid Foundation awards $2M to support Folds of Honor Scholarships

Rite Aid Foundation awards $2M to support Folds of Honor Scholarships

CAMP HILL, Pa. — The Rite Aid Foundation announced that 422 students have been selected as 2018 Folds of Honor educational scholarship recipients through its KidCents program. This year’s $2 million award completes a three-year, $6 million commitment to Folds of Honor, a nonprofit organization that provides educational scholarships to children and spouses of fallen

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

Rite Aid unveils safe medication disposal program

Rite Aid unveils safe medication disposal program

CAMP HILL, Pa. — In an effort combat drug abuse and misuse, Rite Aid Corp. announced today its plans to install 100 medication disposal units in selected pharmacies over the next year. The units offer individuals a free, safe and convenient way to dispose of expired or unwanted prescription and over-the-counter medications, helping to reduce

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

Albertsons-Rite Aid merger deal seen as a ‘win-win’

Albertsons-Rite Aid merger deal seen as a ‘win-win’

CAMP HILL, Pa. — The merger of Albertsons Cos. and Rite Aid Corp. will create a “truly differentiated” player in the food, health and wellness space, John Standley, chairman and chief executive officer of Rite Aid, said when the deal was announced late last month. The proposed merger will transform Rite Aid through the addition

Albertsons-Rite Aid to create wellness powerhouse

Albertsons-Rite Aid to create wellness powerhouse

CAMP HILL, Pa. — The Albertsons Cos. merger with Rite Aid Corp. will create a “truly differentiated” player in the food, health and wellness space, John Standley, chairman and chief executive officer of Rite Aid, said in an interview with Chain Drug Review. The Albertsons-Rite Aid merger deal, announced Tuesday, will transform Rite Aid through

Strategy to build a new Rite Aid takes shape

Strategy to build a new Rite Aid takes shape

CAMP HILL, Pa. — Rite Aid Corp. president and chief operating officer Kermit Crawford said he’s confident the company “will succeed in building the new Rite Aid” following its $4.375 billion asset sale to Walgreens Boots Alliance (WBA). Under the deal, announced in September, Rite Aid is selling 1,932 stores, three distribution centers and related

Effort to build ‘new Rite Aid’ under way

Effort to build ‘new Rite Aid’ under way

CAMP HILL, Pa. — There’s a “new Rite Aid” taking shape that executives say will emerge as a smaller but stronger company. Rite Aid Corp. president and chief operating officer Kermit Crawford said he’s confident the company “will succeed in building the new Rite Aid” following its $4.375 billion asset sale to Walgreens Boots Alliance

Rite Aid donations help wildfire victims, kids charities

Rite Aid donations help wildfire victims, kids charities

CAMP HILL, Pa. — The Rite Aid Foundation this week announced donations to aid the wildfire relief effort in Southern California and help children through its KidCents program. A $100,000 donation is being made to the American Red Cross to help the victims, families and communities in Southern California affected by the devastating wildfires. “Our

Crawford becomes president and COO at Rite Aid

Crawford becomes president and COO at Rite Aid

CAMP HILL, Pa. — Rite Aid Corp. has landed a high-profile industry executive to help steer it through a transition phase into a much smaller company. Last week, former Walgreen Co. pharmacy chief Kermit Crawford joined Rite Aid as president and chief operating officer. Most recently at Walgreens, Crawford was a corporate executive vice president

Addition of Crawford is well-timed for Rite Aid

Addition of Crawford is well-timed for Rite Aid

September was an eventful month for Rite Aid Corp. In the wake of belated action by the Federal Trade Commission, the company moved quickly to dispel doubts about its future direction and begin the challenging task of operating more profitably from a smaller store base. Rite Aid had been under a cloud of uncertainty for