April 6, 2015 by Chain Drug Review
Abeer Bhatia, American Express, John Learish, loyalty program, Plenti, Rite Aid, wellness+
2015, Issue 04-06-2015, News
NEW YORK — Rite Aid Corp. has joined with a group of blue-chip companies to launch Plenti, described as the first U.S.-based coalition loyalty program. Operated by American Express, the free program will let consumers earn and redeem points for purchases at all of the participating companies, regardless of the payment method. Along with Rite
April 6, 2015 by Mark Baumgartner and Chain Drug Review
Harrisburg, Rite Aid, Wellness Store
2015, Issue 04-06-2015, News
CAMP HILL, Pa. — Rite Aid Corp. has opened its first newly built store since 2010 in Harrisburg, Pa., not far from the company’s headquarters here. The 14,500-square-foot store features the chain’s wellness store format: Customers entering the store see a wooden path that leads to the pharmacy department. As at other of the chain’s
April 2, 2015 by Chain Drug Review
comparable-store sales, drug store sales, pharmacy sales, Rite Aid, same-store sales
Business, Featured Articles, Leading Headlines, Retail News
CAMP HILL, Pa. — Gains in both the front end and pharmacy lifted same-store sales at Rite Aid Corp. in March. Rite Aid said Thursday that for the four weeks ended March 28, comparable-store sales climbed 4.3% year over year. That was up from a 3.3% comp-store sales increase in February. In the front end,
March 25, 2015 by Chain Drug Review
Barack Obama, Health and Human Services, Health Care Payment Learning and Action Network, John Standley, National Association of Chain Drug Stores, Rite Aid, Steve Anderson, Sylvia Burwell
Featured Articles, Leading Headlines, Pharmacy, Retail News
WASHINGTON — The National Association of Chain Drug Stores joined President Barack Obama and Secretary of Health and Human Services Sylvia Burwell at the White House to launch the Health Care Payment Learning and Action Network, whose participants include Rite Aid, Walgreens and Walmart. Announced Wednesday, the Health Care Payment Learning and Action Network brings
March 19, 2015 by Chain Drug Review and Chain Drug Review
EnvisionRx, Rite Aid
Business, Leading Headlines, Retail News
CAMP HILL, Pa. — Rite Aid Corp. plans a $1.8 billion bond offering to finance its pending acquisition of pharmacy benefit manager Envision Pharmaceutical Services (EnvisionRx). Rite Aid said late Wednesday that it will offer $1.8 billion of senior unsecured notes due in 2023. Plans call for the offering’s net proceeds, together with other available
March 18, 2015 by Chain Drug Review
Abeer Bhati, American Express, American Express U.S. Loyalty, coalition loyalty program, ExxonMobil, John Learish, Michael Gore, Plenti, Rite Aid, wellness+
Featured Articles, Leading Headlines, Retail News
NEW YORK — Rite Aid Corp. is the exclusive drug store partner in what’s being called the first U.S.-based coalition loyalty program. Named Plenti, the program will enable consumers to earn and use points for purchases at all of the participating companies, regardless of the payment method. Along with Rite Aid, Plenti’s inaugural partners include
March 16, 2015 by Greg Jacobson and Chain Drug Review
EnvisionRx, Frank Sheehy, John Standley, PBM, pharmacy benefits manager, Rite Aid
2015, Issue 03-16-2015, News
CAMP HILL, Pa. — Rite Aid Corp. has broadened and deepened its health care footprint by agreeing to acquire pharmacy benefits manager Envision Pharmaceutical Services (EnvisionRx) for around $2 billion in cash and stock from TPG, a private investment firm. The transaction, which has been approved by the boards of directors of both companies, is
March 16, 2015 by Mark Baumgartner and Chain Drug Review
David Abelman, Edison Nation Medical, Innovation Challenge, Rite Aid
2015, Issue 03-16-2015, News
CAMP HILL, Pa. — Rite Aid Corp. has launched what the company calls a nationwide Innovation Challenge aimed at gathering original product ideas that can improve the health and well-being of its customers. The challenge, which runs through March 31, is being conducted in partnership with Edison Nation Medical, a leader in medical and health
March 13, 2015 by Chain Drug Review and Chain Drug Review
Rite Aid, Stefano Pessina, Walgreens Boots Alliance
CDR Blog
The “Walgreens looking to acquire Rite Aid” rumors have resurfaced following comments by Stefano Pessina, the billionaire investor and acting CEO of Walgreens Boots Alliance. A March 12 article by Reuters quoted Pessina, in remarks at the Retail Week Live conference in London, as saying that of potential deals to be made, “the next big
March 10, 2015 by Chain Drug Review
John Standley, Ken Martindale, Lou Barletta, Rite Aid, Wellness Store
Business, Leading Headlines, News, Retail News
CAMP HILL, Pa. — In another sign of its financial turnaround, Rite Aid Corp. has opened its first newly built store since 2010. Rite Aid on Tuesday held a ribbon-cutting ceremony for the new 14,500-square-foot store, located at 4999 Jonestown Rd. in Harrisburg, Pa., not far from the company’s headquarters in Camp Hill, Pa. U.S.
March 5, 2015 by Chain Drug Review
fiscal 2015 sales, fourth quarter, Rite Aid, same-store sales
Business, Retail News
CAMP HILL, Pa. — Rite Aid Corp. kept up its same-store sales momentum in February and reported increased sales for the fourth quarter and fiscal year, the latter finishing in line with the company’s forecast. Rite Aid said Thursday that for the five weeks ended Feb. 28, comparable-store sales rose 3.3% year over year. The
March 2, 2015 by Chain Drug Review and Chain Drug Review
50 Most Powerful Women in Corporate America, Black Enterprise, Claire Babineaux-Fontenot, Dedra Castle, Kathleen Wilson-Thompson, Rite Aid, Rosalind Brewer, Sam's Club, Walgreens Boots Alliance, Walmart
Business, Retail News
NEW YORK — Executives from Walmart, Sam’s Club, Rite Aid, Walgreens and Family Dollar Stores made Black Enterprise magazine’s “50 Most Powerful Women in Corporate America” list. Featured on the publication’s February 2015 cover, the list was culled from thousands of candidates across industries — including the finance, pharmaceutical and retail sectors — and the
February 16, 2015 by Chain Drug Review
health clinics, Ken Martindale, Newtown Square, RediClinic, Rite Aid, Robert Thompson, Web Golinkin
2015, Issue 02-16-2015, News, Retail News
NEWTOWN SQUARE, Pa. — Rite Aid Corp.’s retail health care strategy took a big step forward with the official opening of RediClinic health clinics in two dozen of its stores. Ken Martindale, president and chief operating officer of Rite Aid; Robert Thompson, the drug chain’s executive vice president of pharmacy; and RediClinic chief executive officer
February 16, 2015 by Geoff Walden and Chain Drug Review
Fruth Pharmacy, John Standley, NACDS, NACDS meetings, National Association of Chain Drug Stores, Regional Chain Conference, Rite Aid, Steve Anderson, Tim Weber
2015, Business, Issue 02-16-2015, News, Retail News
NAPLES, Fla. — The value of business-to-business partnerships was emphasized at the National Association of Chain Drug Stores Regional Chain Conference here earlier this month. Even as their pharmacists deliver immunizations, medication therapy management and counseling, small chains can partner with other retailers and suppliers to improve care and services, Tim Weber, vice president of