Rite Aid

  1. Channel: Drug
CAMP HILL, Pa. — Andre Persaud, chief retail officer at Rite Aid, has left the company. Bill Miller, senior vice president of central retail operations, will serve as acting head of retail operations. Chief pharmacy officer Karen Staniforth will oversee store pharmacy operations. The company provided no details on Persaud’s departure, saying, “We appreciate his […]
  1. Channel: Drug
The Justice Department on Monday filed a lawsuit against Rite Aid for allegedly violating the Controlled Substances Act, alleging that the company “knowingly filled unlawful prescriptions for controlled substances.” In a statement, Attorney General Merrick Garland said the Department of Justice is “using every tool at our disposal” to hold Rite Aid accountable for contributing […]
  1. Channel: Drug
Politico reports that Walgreens “confirmed Thursday that it will not dispense abortion pills in several states where they remain legal — acting out of an abundance of caution amid a shifting policy landscape, threats from state officials and pressure from anti-abortion activists. “Nearly two dozen Republican state attorneys general wrote to Walgreens in February, threatening […]
  1. Trends & External Forces
Yesterday I had a story in MNB that took note of a Fox News report that the Attorneys General of 19 states “warned major retailers against the Food and Drug Administration’s (FDA) attempt to let pharmacies mail out the abortion pill, and said doing so would subject to legal action from the states.” At issue […]
  1. Shopper & Customer
The last few years have brought unique challenges to the global marketplace, and 2023 is undoubtedly poised to continue the trend.  While the lingering effects of the pandemic – including supply chain constraints and labor shortages – have started to lessen in markets around the world, reduced consumer demand and inventory overstock, rising labor costs, […]
  1. Corporate Strategy
MODESTO, Calif. — Supermarket industry veteran Robert (Bob) Miller has been named to the board of directors at The Save Mart Companies, a California-based grocer that operates approximately 200 Save Mart, Lucky California, and FoodMaxx stores in the California Central Valley, Bay Area, and Northern Nevada. Save Mart, which is owned by Kingswood Capital Management, […]
  1. Channel: Drug
Rite Aid. Corp. said that it will dispense the so-called abortion pill, mifepristone, “in a limited number of its pharmacies,” Bloomberg reports. Rite Aid said it will sell the pill “to customers either in-person or via mail delivery in compliance with federal and state laws.  ‘We are committed to ensuring equitable access to customers prescribed […]
  1. Trends & External Forces
PHILADELPHIA — Rite Aid Corp. 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. For […]
  1. Channel: Delivery
DoorDash has introduced Package Pickup, allowing consumers across the country to have the service deliver up to five return items per trip to UPS, FedEx or the USPS. DoorDash will charge a flat fee of $5 ($3 for DashPass members), and shoppers will get their first package pickup for free during January 2023, traditionally a […]
  1. Corporate Strategy
The new year is bringing with it a retail CEO shuffle. Since the start of 2023, several CEOs in the retail space have either left their positions, with some announcing new positions elsewhere. Ideal Image, a leading aesthetics brand, announced that Sharon M. Leite is its new CEO. Leite, the former CEO of The Vitamin […]
  1. Channel: Drug
PHILADELPHIA — Rite Aid Corp. announced Monday that its board of directors has appointed Elizabeth (“Busy”) Burr, a member of the company’s board, as interim CEO, effective immediately. Burr’s appointment follows Heyward Donigan’s departure from the company as president and CEO, and as a member of the board. Rite Aid has initiated a search to […]
  1. Channel: Drug
NEW YORK — With family planning rights under major threat in several states, the Food and Drug Administration (FDA) announced this week a move to expand access to abortion. Now chains such as CVS and Walgreens will be able to sell abortion pills to those with prescriptions. The FDA gave the green light to mifepristone […]
  1. Channel: Drug
Rite Aid’s struggle to hold its ground against CVS and Walgreens was evident in the company’s $67 million quarterly loss reported on Wednesday. Speculating on more store closings — following the 145 stores the chain shuttered in 2021 — Rite Aid Exec VP and CFO Matt Schroeder told analysts on its earnings call, “It’s not […]
  1. Department: HBC
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. […]
  1. Technology & Innovation
Uber Eats has partnered with robotics company Cartken to offer automated food delivery in Florida using self-driving robots. The offering will launch with select retailers in the Dadeland area of Miami-Dade County, with plans to expand to additional cities in 2023. Cartken’s AI-powered sidewalk delivery robots currently are used for neighborhood food and grocery delivery, […]
  1. Channel: Ecommerce & Digital
Amazon and Staples are piloting a new program that will see the office supply chain join a growing roster of brick-and-mortar retailers that accept returns on behalf of the ecommerce giant. “We have begun testing select Staples locations as drop-off points for Amazon returns,” said Amazon spokesperson Lauren Samaha in remarks shared with Retail TouchPoints, […]
  1. Trends & External Forces
In Preferred Pharmacy Networks in 2023’s Medicare Part D Plans: Cigna, CVS Health, Humana, UnitedHealthcare, WellCare, and More, I highlighted how those networks have taken over the world of stand-alone Medicare Part D prescription drug plans (PDP) and become a major presence in Medicare Advantage prescription drug (MA-PD) plans. Today, I examine the seven largest […]
  1. Channel: Drug
At approximately 3,000 square feet, Rite Aid’s newest store is much smaller than its average 11,000- to 15,000-square-foot location, but it’s likely to have a big impact on the community of Craigsville, Va., a town of less than 1,000 people. The retailer plans to open two more small-format stores in Virginia — one in Greenville […]
  1. Trends & External Forces
Jennifer Zilka of Good Neighbor Pharmacy was part of a panel of five leading retailers that recently addressed the barriers that many Americans face in accessing quality health care, and discussed what can be done to lower them. The conversation was part of the Together in the Fight for Health Equity event presented by Chain […]
  1. Trends & External Forces
Dr. Marc Watkins of Kroger was part of a panel of five leading retailers that recently addressed the barriers that many Americans face in accessing quality health care, and discussed what can be done to lower them. The conversation was part of the Together in the Fight for Health Equity event presented by Chain Drug […]
  1. Channel: Drug
Rina Shah of Walgreens was part of a panel of five leading retailers that recently addressed the barriers that many Americans face in accessing quality health care, and discussed what can be done to lower them. The conversation was part of the Together in the Fight for Health Equity event presented by Chain Drug Review, […]
  1. Channel: Drug
Drugstore operator Rite Aid Corp. has opened a smaller format pharmacy in Craigsville, Va., as part of a pilot program to improve access for pharmacy services in “pharmacy deserts” and underserved communities. Philadelphia-based Rite Aid intends to open two more locations in Virginia by early 2023. At 3,000 square feet, each outlet in the program […]
  1. Channel: Mass
Andre Persaud of Rite Aid was part of a panel of five leading retailers that recently addressed the barriers that many Americans face in accessing quality health care, and discussed what can be done to lower them. The conversation was part of the Together in the Fight for Health Equity event presented by Chain Drug […]

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AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […]
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Get ready because the empty truck cabs in motion are coming. Gatik, which is involved in autonomous middle-mile logistics, has announced a multi-year commercial collaboration to transport customer orders within Kroger’s Dallas distribution network. The operations will launch in a few weeks. Under the collaboration, Gatik’s medium-duty autonomous box trucks will transport fresh, customer-favorite products from […]
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Albertsons yesterday unveiled what it said was “the redesign of its Open Nature brand as the company strives to become the brand of choice for those health-conscious shoppers seeking a more balanced lifestyle. Open Nature, which is part of Albertsons Cos. Own Brands portfolio, provides shoppers with tasty foods made with thoughtfully chosen ingredients that […]
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Dive Brief: Dollar General posted net sales of $10.2 billion during the fourth quarter of 2022, a figure that was up 17.9% compared with the same period in 2021, the discount retail chain reported Thursday. Comparable-store sales rose 5.7% year-over-year in Q4, while operating profit was up 17.1%. CEO Jeff Owen said Dollar General intends to invest about […]

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