June 14, 2016 by Chain Drug Review
HealthSpot, Rite Aid, telehealth
Business, Featured Articles, Leading Headlines, Retail News, Technology
CAMP HILL, Pa. — Rite Aid Corp. is purchasing the assets and intellectual property of bankrupt telehealth kiosk provider HealthSpot. A Rite Aid spokeswoman confirmed Tuesday that the company won an auction this week for the HealthSpot assets with a $1.15 million bid. “We are happy to obtain the assets, as we very much believe
June 10, 2016 by Chain Drug Review
Ellen Geisel, FDgard, IBgard, IBS, IM HealthScience, irritable bowel syndrome, medical food, Rite Aid
Supplier News
BOCA RATON, Fla. — IM HealthScience (IMH) has expanded availability of its IBgard medical food for irritable bowel syndrome (IBS) to Rite Aid drug stores nationwide. IMH said that Rite Aid stores will stock IBgard in 12-capsule and 48-capsule boxes. The move builds on the product’s retail distribution in the digestive products aisle at most
June 10, 2016 by CDR Blog
Federal Trade Commission, FTC, Rite Aid, Walgreens Boots Alliance, WBA-Rite Aid merger
CDR Blog
Shares of Walgreens Boots Alliance and Rite Aid edged up on Friday following a news report that the Federal Trade Commission is looking more favorably at the companies’ merger deal. The New York Post reported late Thursday that there are “growing signs” the FTC will give the green light to WBA’s $17.2 billion deal to
June 8, 2016 by CDR Blog
2016 Fortune 500, AmerisourceBergen, Cardinal Health, CVS Health, Fortune 500, Fortune magazine, McKesson, Rite Aid, Walgreens Boots Alliance, Walmart
Business, CDR Blog, Leading Headlines
Players in the retail pharmacy space accounted for three of the top 10 spots in the 2016 Fortune 500 list of the nation’s largest companies by revenue. Coming in again at No. 1 overall on the annual list, released this week, was the world’s largest retailer, Walmart, with sales of $482.13 billion. The company is
June 3, 2016 by Brian Bossetta
Alan Wilson, Bobby Hitt, John Standley, Ken Martindale, Rite Aid, slideshow, Spartanburg distribution center
Slideshows
This week, Rite Aid marked the opening its first new distribution center in 16 years, located in Spartanburg, S.C. The 900,000-square-foot facility, located on a 97-acre site at 789 Flatwood Industrial Dr. in Spartanburg, near Interstate 85 between Highways 9 and 221, will support over 1,000 Rite Aid stores in the Southeast. Besides state-of-the-art warehouse
June 2, 2016 by Chain Drug Review
John Standley, Rite Aid, Spartanburg distribution center, video, Wilson Lester
Videos
Rite Aid’s opening of its first distribution center in 16 years — in Spartanburg, S.C. — was as big of an event for the community as it was for the company. The $90 million project will bring 600 new jobs to the area over the next couple of year in serving over 1,000 stores in
June 1, 2016 by Chain Drug Review
John Standley, Ken Martindale, Rite Aid, South Carolina, Spartanburg distribution center
Featured Articles, Leading Headlines, Retail News
SPARTANBURG, S.C. — Rite Aid Corp. has opened a new distribution center here, the company’s first new distribution center in 16 years. The 900,000-square-foot Spartanburg distribution center sits on 97 acres and is located near Interstate 85 between Highways 9 and 221. Rite Aid had announced plans to build the new facility early last year.
May 27, 2016 by Chain Drug Review
Fitch Ratings, Rite Aid, Walgreens Boots Alliance
Business, Featured Articles, Leading Headlines, Retail News
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) Inc. has announced a $6 billion debt offering to help finance its $17.2 billion deal to acquire Rite Aid Corp. WBA said late Thursday that it expects the underwritten public offering of unsecured, unsubordinated notes to close on June 1, pending customary closing conditions. The company reported that
May 17, 2016 by CDR Blog
Adam Fein, AmerisourceBergen, Cardinal Health, Drug Channels, Drug Channels Institute, McKesson, Pembroke Consultin, Rite Aid, Walgreens, Walmart
CDR Blog
The expanded distribution agreement between McKesson and Walmart not only brings McKesson a generic drug customer it had been pursuing, but it also “finalizes an intriguing industry channel alignment,” according to pharmacy supply chain expert Adam Fein, president of Pembroke Consulting. In a posting Tuesday on his Drug Channels blog, Fein noted that Walmart was
May 16, 2016 by Chain Drug Review
Albertsons, AmerisourceBergen, Cardinal Health, CVS, George Riedl, Mark Walchirk, McKesson, McKesson U.S. Pharmaceutical, pharmaceutical distribution, Rite Aid, Target, Walgreens Boots Alliance, Walmart, Walmart U.S.
Business, Featured Articles, Leading Headlines, Pharmacy, Retail News
SAN FRANCISCO and BENTONVILLE, Ark. — McKesson Corp. and Walmart have expanded their long-term pharmaceutical distribution pact, including a new sourcing agreement for generic drugs. McKesson and Walmart said Monday that the expanded relationship is “a natural next step.” The companies will collaborate on sourcing generics for their U.S. operations, a move that they said
May 16, 2016 by Brian Bossetta and Chain Drug Review
Favorite Pharmacy Team Member Contest, Jocelyn Konrad, Rite Aid
2016, Issue 05-16-2016, Issues, News
CAMP HILL, Pa. — Rite Aid Corp. recently announced the two winners of the 2015 Vote for Your Favorite Pharmacy Team Member Contest. Sharon Balser, a Rite Aid pharmacy technician from Milford, Mich., and Theresa Forrest, a loyal Rite Aid customer from Gwynn Oak, Md., were selected at random from more than 11,000 unique entries.
April 25, 2016 by Anne Marie Stephen and Chain Drug Review
Anne Marie Stephen, CVS Health, digital health, Digital Innovation Lab, KWOLIA, MDLIVE, mobile shopper, Rite Aid, Walgreens
Opinion, Technology
Drug stores are an integral part of daily life for many consumers, who embrace them as a one-stop shop to pick up essentials, grab a snack and refill a prescription on the go. Even as the drug store channel has consolidated in recent years, these retailers have not been slack in coming up with ways
April 19, 2016 by Chain Drug Review
Favorite Pharmacy Team Member Contest, Jocelyn Konrad, Ken Martindale, Rite Aid, Rony Foumia, Sharon Balser
Pharmacy, Retail News
CAMP HILL, Pa. — Rite Aid Corp. has named the winners of its 2015 Vote for Your Favorite Pharmacy Team Member Contest. The drug chain said Tuesday that Sharon Balser, a Rite Aid pharmacy technician in Milford, Mich., and Theresa Forrest, a Rite Aid customer in Gwynn Oak, Md., were selected at random from more
April 18, 2016 by Chain Drug Review
2016 NACDS Annual Meeting, John Boehner, Mike Popovich, Rite Aid, Scientific Technologies Corp., Steve Anderson, Susan Henderson, video
Videos
Former Speaker of the U.S. House of Representatives, John Boehner, held the spotlight on Sunday at the 2016 NACDS Annual Meeting in Palm Beach, Fla. Boehner delivered his keynote address during the morning Business Program, which also featured Jack Bailey, president of U.S. pharmaceuticals for GlaxoSmithKline, as well as NACDS chairman Randy Edeker and NACDS