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Rite Aid

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

Viactiv launches chocolate digestive health chews

Viactiv launches chocolate digestive health chews

LAWRENCEVILLE, N.J. — Adare Pharmaceuticals’ consumer products subsidiary (Activ Nutritional, LLC), has launched new Viactiv Digestive Health Soft Chews, expanding the Viactiv supplement brand into the growing digestive health category. New Viactiv Digestive Health are said to be the only 2-in-1 supplement to combine a probiotic-derived, clinically-studied strain that helps feed good bacteria and fight bad bacteria to

Rite Aid makes opioid disposal solution available

Rite Aid makes opioid disposal solution available

CAMP HILL, Pa .— Rite Aid Corporation  announced today that DisposeRx, a first-of-its-kind opioid disposal solution, is now available at all of Rite Aid’s more than 2,500 pharmacies across the United States. DisposeRx packets contain a biodegradable powder that, when mixed with water in the prescription vial, dissolves drugs, forming a viscous gel which may

Albertsons, Rite Aid unveil merger’s strategies and synergies

Albertsons, Rite Aid unveil merger’s strategies and synergies

BOISE, Idaho — Albertsons Cos. and Rite Aid Corp. on Tuesday hosted a joint analyst event to discuss the strategic and financial benefits of the proposed merger transaction between the two companies. Announced in late February, the merger will join the nation’s second-largest supermarket operator with its third-largest drug chain. Overall, the company will generate

The talk of the NACDS Annual Meeting

The talk of the NACDS Annual Meeting

The National Association of Chain Drug Stores Annual Meeting last month in Palm Beach, Fla., unfolded against a backdrop of rapid-fire change in community pharmacy and the broader retailing and health care sectors. Leaders of many of the nation’s top mass market retailers, including discounters, supermarkets, dollar stores and even online merchants, as well as

It’s time to respect the differences of the ‘Big Three’

It’s time to respect the differences of the ‘Big Three’

There are some consumers who see the drug store shopping experience as all about convenience. And if you work for one of the Big Three drug chains, this is incredibly frustrating because of the considerable efforts each of these chains has to make to understand its shopper’s personal attributes, her brand preferences and her purchase

Naloxone available at Rite Aid pharmacies in 19 states

Naloxone available at Rite Aid pharmacies in 19 states

CAMP HILL, Pa. — Rite Aid Corp. announced that naloxone is now available at each of the more than 2,500 Rite Aid pharmacies in the United States and can be dispensed without a prescription, subject to state regulations. “The opioid epidemic has reached epic proportions and it is an issue that demands not only our

Rite Aid finishes store transfers to WBA

CAMP HILL, Pa. — Rite Aid Corp. has completed the transfer of 1,932 stores purchased by Walgreens Boots Alliance Inc. The transfer of three distribution centers and related inventory is expected to begin after September 1. The majority of the closing conditions of WBA’s $4.375 billion acquisition of the stores and warehouses have been satisfied,

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

Walgreens Boots Alliance posts 2Q gains

Walgreens Boots Alliance posts 2Q gains

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) reported better-than-expected earnings and revenue on Wednesday when it announced results for the second quarter of fiscal 2018, which ended February 28. Overall, WBA earned $1.73 a share, up 27% versus a year ago. Revenue grew 12.1% to $33.02 billion. Same-store sales rose 2.4%, with comparable-pharmacy sales up

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

More Rite Aid stores transferred to Walgreens

More Rite Aid stores transferred to Walgreens

CAMP HILL, Pa. — Rite Aid Corp. is winding down its asset sale to Walgreens Boots Alliance (WBA) with the ownership transfer of 537 more stores. Rite Aid said Tuesday that as of March 2, it has transferred 1,651 stores and related assets to WBA for cash proceeds of $3.6 billion. The process has progressed