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Rite Aid

Rite Aid files for Chapter 11 bankruptcy protection

Rite Aid files for Chapter 11 bankruptcy protection

PHILADELPHIA — Rite Aid Corp. on Sunday announced that it has filed for Chapter 11 bankruptcy protection as part of a voluntary restructuring plan that the company says will reduce its debt, increase its financial flexibility, and allow it to accelerate its ongoing business transformation. In connection with this process, Rite Aid said it has

Walden named chief marketing officer at Rite Aid

Walden named chief marketing officer at Rite Aid

PHILADELPHIA — Rite Aid has appointed Jeanniey Walden chief marketing officer, making permanent an interim role the seasoned executive has held since March. Walden will continue to play a critical role in the company’s growth strategy to help create meaningful customer, client, and member experiences for millions of Americans. As CMO, she will also oversee

Rite Aid posts better than expected Q1 results

Rite Aid posts better than expected Q1 results

PHILADELPHIA — Rite Aid Corp. reported a narrower first quarter loss than analysts had projected, and beat revenue forecasts. The company posted an adjusted loss per share loss of 73 cents, which was much better than Wall Street’s estimate of $1.50. Revenue for the period ended June 3 dipped to $5.653 billion from $6.015 billion

Rite Aid names Sabatino chief legal officer

Rite Aid names Sabatino chief legal officer

PHILADELPHIA _ Thomas Sabatino has joined Rite Aid as chief legal officer. He will play a pivotal role in the company’s strategy to help create meaningful customer, client, and member experiences for millions of Americans. As chief legal officer, he will oversee legal affairs, including enterprise risk management, compliance, regulatory affairs, and privacy. “As we

Rite Aid’s third quarter results beat expectations

Rite Aid’s third quarter results beat expectations

PHILADELPHIA —  Rite Aid reported a narrower than projected loss and topped Wall Street’s revenue forecast for its third quarter. The company reported an adjusted loss of $7.9 million, or 14 cents a share. Analysts had estimated it would be 15 cents a share. Revenue of $6.08 billion bettered Wall Street’s expectation of $5.94 billion.

Rite Aid offers Mpox vaccine at select Philadelphia locations

Rite Aid offers Mpox vaccine at select Philadelphia locations

PHILADELPHIA – Rite Aid Corp. announced Mpox vaccine offerings at select locations in Philadelphia in partnership with the Philadelphia Department of Health. The Centers for Disease Control and Prevention (CDC) recommends vaccination for people who have been exposed to monkeypox and people who may be more likely to contract monkeypox in the future. Currently, 10

ValueBlue helps Rite Aid standardize enterprise business processes

ValueBlue helps Rite Aid standardize enterprise business processes

NEW YORK – ValueBlue, creators of the BlueDolphin agile enterprise application collaboration platform, today announced that Rite Aid  is the latest retailer to adopt BlueDolphin, the enterprise SaaS tool that helps organizations map out and execute business transformation. ValueBlue is working with Rite Aid to standardize business processes and increase connectivity between business units. Rite

Rite Aid and Grubhub team to offer nationwide delivery

Rite Aid and Grubhub team to offer nationwide delivery

PHILADELPHIA — Rite Aid and Grubhub  announced on Thursday that they’ve partnered to deliver thousands of Rite Aid’s drugstore products right to customers’ doorsteps. More than 2,000 locations in 16 states are available on the Grubhub Marketplace for delivery.  Cold and flu season peaks between December and February, but there has already been a high and early

Heyward Donigan to present at Credit Suisse 31st Annual Healthcare Conference

Heyward Donigan to present at Credit Suisse 31st Annual Healthcare Conference

PHILADELPHIA — Rite Aid announced that president and CEO Heyward Donigan and CFO Matt Schroeder will present at the Credit Suisse 31st Annual Healthcare Conference in Rancho Palos Verdes, California, on November 9th at 4:25 p.m. Eastern Time. The presentation can be viewed live via webcast accessible on Rite Aid’s Investor Relations site: https://investors.riteaid.com/overview/default.aspx.

Rite Aid shares reasons to add flu and COVID-19 vaccinations to Halloween check list

Rite Aid shares reasons to add flu and COVID-19 vaccinations to Halloween check list

PHILADELPHIA — As the U.S. Centers for Disease Control & Prevention (CDC) warns of early increases in seasonal influenza cases, Rite Aid (NYSE: RAD) addresses common misperceptions about vaccination and stresses the importance of staying up to date on flu and COVID-19 vaccinations before Halloween. “People are looking forward to celebrating Halloween and the upcoming holiday

Rite Aid offers point-of-care testing throughout Michigan

Rite Aid offers point-of-care testing throughout Michigan

PHILADELPHIA — With flu and respiratory illnesses expected to increase during fall and winter months, Rite Aid is making diagnostic testing easier for Michigan customers with rapid point-of-care testing now available at all stores throughout the state. Point-of-care testing provides customers with rapid turnaround of test results combined with onsite prescriptions for those who test

Rite Aid offering COVID boosters for children

Rite Aid offering COVID boosters for children

PHILADELPHIA  _ Following FDA authorization and new CDC recommendations, Rite Aid stores, including Bartell Drugs in the Pacific Northwest, are now offering updated boosters of the Pfizer-BioNTech and Moderna COVID-19 vaccines for children ages five and older. Both vaccines require that it has been at least two months since completion of primary COVID vaccination series

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