Channel: Drug Report: Rite Aid to Close Hundreds of Stores in Bankruptcy Filing Rite Aid is negotiating terms of a bankruptcy plan that could see a significant number of its more than 2,100 drugstores permanently close, according to a report. People familiar with the company’s talks with creditors told The Wall Street Journal that Rite Aid has proposed to close as many as 500 stores in bankruptcy, and either sell […] Joe Keenan September 26, 2023September 26, 2023 < 1 min read Brick and MortarRite AidBankruptcyWalgreensCVSOperations & Supply ChainLegal & CriminalKraftHeinzHealth & WellnessEconomyDept. Pharmacy 0 Saving Bookmark this article Bookmarked
Channel: Drug Rite Aid could close hundreds of stores in possible bankruptcy: WSJ [[“value”:” The drugstore retailer is in negotiations with creditors over a plan that could see nearly a quarter of its stores shutter, The Wall Street Journal reported. Published Sept. 25, 2023 A Rite Aid storefront. As part of a possible bankruptcy filing, the pharmacy retailer is considering liquidating hundreds of stores. Permission granted by Rite […] RetailDive September 26, 2023September 26, 2023 < 1 min read Rite AidBrick and MortarBankruptcyMarketing: Social MediaDept. PharmacyEconomy 0 Saving Bookmark this article Bookmarked
Channel: Drug California’s Pharmacies In Crisis The Los Angeles Times reports that “California pharmacies make an estimated 5 million errors every year, according to the state’s Board of Pharmacy.” It is only an estimate, the Board of Pharmacy says, because “pharmacies are not required to report them.” According to the story, “Most of the mistakes that California officials have discovered, according […] MorningNewsBeat September 11, 2023September 11, 2023 < 1 min read WalgreensHealth & WellnessThick DataDept. PharmacyCVSRite AidExecutivesBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Finance Rite Aid reportedly preparing Chapter 11 bankruptcy filing [[“value”:” Dive Brief A filing could help the retailer restructure $3.3 billion in debt and address a slew of lawsuits alleging it unlawfully filled opioid prescriptions. Published Aug. 28, 2023 A Rite Aid storefront. After years of sustained financial pressure, including opioid-related lawsuits, the company is preparing to file for Chapter 11 bankruptcy, according to multiple […] RetailDive August 29, 2023August 29, 2023 < 1 min read BankruptcyRite AidResults & InvestmentDept. Pharmacy 0 Saving Bookmark this article Bookmarked
Channel: Drug WSJ: Rite Aid Prepping for Bankruptcy That Could Limit Opioid Lawsuits’ Impact Rite Aid is reportedly preparing for a Chapter 11 bankruptcy filing that could take place within weeks, according to the Wall Street Journal. Quoting people familiar with the situation, the Journal reported that the move would help address the numerous lawsuits related to the retailer’s alleged role in the sale of opioids. Rite Aid had […] Retail TouchPoints August 28, 2023August 28, 2023 2 min read Rite AidWalgreensBankruptcyMergersOperations & Supply ChainBrick and MortarAlbertsons / SafewayCVSMarketing: Social MediaRegional GroceryResults & InvestmentAcquisitionGovernmentEconomyDept. PharmacyPredictions and ForecastsPricing & Promotions 0 Saving Bookmark this article Bookmarked
Trends & External Forces WE panel addresses women’s health and wellness gap SAN DIEGO — Despite the fact that women comprise 80% to 90% of customers in the retail marketplace, many of their health and wellness needs are unmet. That was a key point made during a panel discussion presented by WE at the National Association of Chain Drug Stores’ Total Store Expo. Now in its sixth […] MMR August 16, 2023August 16, 2023 3 min read Health & WellnessDept. PharmacyShoppersTechnology & InnovationBrick and MortarRite AidPartnershipsInclusivityMerchandisingOmnichannelWalgreensDept. HBCConsumersResults & InvestmentVendors 0 Saving Bookmark this article Bookmarked
Corporate Strategy Rite Aid’s Jeanniey Walden now permanent chief marketing officer [[“value”:”Walden was serving on an interim basis prior to the announcement”]] Supermarket News August 10, 2023August 10, 2023 < 1 min read Rite AidExecutives 0 Saving Bookmark this article Bookmarked
Corporate Strategy 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 […] MMR August 7, 2023August 7, 2023 2 min read Rite AidExecutivesShoppersHealth & WellnessDept. FrozenStrategyOmnichannelKraftHeinzMarketing: Loyalty & SubscriptionDollar TreeMarketing: Social MediaTargetKrogerTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Delivery Staples Partners with DoorDash to Offer Same-Day Delivery Just in time for the back-to-school season, items from Staples are now available for same-day delivery via DoorDash. Nearly 1,000 Staples U.S. locations are participating, and deliveries are made in under one hour on average. Via the DoorDash Marketplace, customers can access Staples’ wide range of school supplies. Staples products also are available on the […] Retail TouchPoints August 7, 2023August 7, 2023 < 1 min read DoorDashFood DeliveryDeliveryPartnershipsReturnsMarketing: Loyalty & SubscriptionBJ’s Wholesale ClubHealth & WellnessConsumersKrogerMarketing: Social MediaBrick and MortarBOPISRite AidTractor Supply CompanyDept. FreshDept. Fresh PreparedDollar GeneralHoliday & EventsPredictions and ForecastsPricing & Promotions 0 Saving Bookmark this article Bookmarked
Channel: Delivery Staples Partners with DoorDash to Offer Same-Day Delivery Just in time for the back-to-school season, items from Staples are now available for same-day delivery via DoorDash. Nearly 1,000 Staples U.S. locations are participating, and deliveries are made in under one hour on average. Via the DoorDash Marketplace, customers can access Staples’ wide range of school supplies. Staples products also are available on the […] Retail TouchPoints August 7, 2023August 8, 2023 < 1 min read DoorDashFood DeliveryDeliveryPartnershipsReturnsMarketing: Loyalty & SubscriptionBJ’s Wholesale ClubHealth & WellnessConsumersKrogerMarketing: Social MediaBrick and MortarBOPISRite AidTractor Supply CompanyDept. FreshDept. Fresh PreparedDollar GeneralHoliday & EventsPredictions and ForecastsPricing & Promotions 0 Saving Bookmark this article Bookmarked
Technology & Innovation Justin Mennen departs Rite Aid PHILADELPHIA — Justin Mennen, EVP and chief digital and technology officer is leaving Rite Aid, effective immediately. Mennen, a seasoned technology and digital leader with more than 20 years of technology leadership experience, was named Rite Aid’s senior vice president and chief information officer in 2018. In 2022, his responsibilities expanded to include leadership of […] MMR August 2, 2023August 2, 2023 < 1 min read Rite AidExecutivesTechnology & InnovationMarketing: Social MediaKraftHeinz 0 Saving Bookmark this article Bookmarked
Channel: Drug Rite Aid shares progress in fifth annual ESG report PHILADELPHIA — Rite Aid has published its fifth annual Environmental, Social and Governance (ESG) Report, detailing the company’s initiatives, focus areas, and progress over the past year. The four ESG pillars introduced in the 2021 report – Thriving Planet, Thriving Business, Thriving Workplace and Thriving Community – continue to act as the lens through which […] MMR July 28, 2023July 28, 2023 3 min read SustainabilityRite AidESG and CSRAssociatesHealth & WellnessBrick and MortarData & InsightsDept. PharmacyPackagingOwned Brands (Private Label)ShoppersPredictions and ForecastsConsumersMerchandisingInclusivityDept. NonfoodStrategyKraftHeinz 0 Saving Bookmark this article Bookmarked
Trends & External Forces Rite Aid reports major data breach Customer information was compromised in May Supermarket News July 21, 2023July 24, 2023 < 1 min read Rite AidLegal & CriminalData & InsightsShoppers 0 Saving Bookmark this article Bookmarked
Shopper & Customer Study eyes grocers’ long-term future CHICAGO — Amazon, Aldi, Costco Wholesale Corp. and Walmart are among the U.S. food retailers best positioned for success in 2053, according to a report from dunnhumby. “Grocery 2053: A Data-Driven Gaze into the Future” is the data science firm’s examination of trends that will have the biggest potential impact on grocery retailers over the […] MMR July 10, 2023July 10, 2023 2 min read ConsumersHealth & WellnessPredictions and ForecastsBig DataMarketing: Retail MediaData & InsightsInsight ProvidersdunnhumbyKrogerAmazonShoppersEconomyDept. GroceryCostcoWalgreensAldiHEBWegmansLidlWalmartWakefernThick DataCOVID19CVSTechnology & InnovationSustainabilityRite AidPublixMeijer 0 Saving Bookmark this article Bookmarked
Owned Brands (Private Label) Retailers committed to private brand beauty, cosmetics NEW YORK — PLMA’s 2023 Annual Private Label Trade Show will provide a good look inside the booming beauty industry. Exhibitors will introduce the latest innovations in cosmetics; fragrances; skin, nail and hair care; men’s grooming and much more. Themed “The Store Brands Phenomenon,” the show will be held November 12-14 at the Donald E. Stephens Convention […] MMR July 6, 2023July 6, 2023 2 min read Owned Brands (Private Label)Dept. HBCHealth & WellnessDept. GroceryMerchandisingDept. RefrigeratedDollar GeneralDept. PetData & InsightsGoogleKrogerDept. NonfoodDept. OTCRite AidPartnershipsDept. LaundryMarketing: Social MediaTargetDept. FreshDept. Natural / OrganicAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Department: HBC 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 from […] MMR June 29, 2023June 29, 2023 4 min read Dept. PharmacyRite AidPredictions and ForecastsCOVID19Results & InvestmentExecutivesTechnology & InnovationEconomyKraftHeinzOperations & Supply ChainOwned Brands (Private Label)Marketing: Social MediaBrick and Mortar 0 Saving Bookmark this article Bookmarked
Shopper & Customer Study: Fiscal Concerns Dominate Shopper Mindset; Discounters Best Positioned For Future Customer data science company dunnhumby is out this morning with a new study “examining what trends will have the biggest potential impact on grocery retailers over the next three decades,” and identifying a growing personal fiscal conservatism as a prime driver of shopper behavior. dunnhumby identifies, in order, Lidl, Food 4 Less, Aldi, Costco, Fry’s, […] MorningNewsBeat June 21, 2023June 21, 2023 3 min read ConsumersHealth & WellnessShoppersPredictions and ForecastsKrogerData & InsightsEconomyDept. GrocerydunnhumbyInsight ProvidersBig DataTechnology & InnovationMarketing: Retail MediaSustainabilityAmazonCostcoHEBCOVID19LidlWalgreensMeijerPublixRite AidAssociatesTech: CashierlessWakefernWalmartCVSAldi 0 Saving Bookmark this article Bookmarked
Shopper & Customer Amazon, Walmart among grocers best-positioned for 2053 CHICAGO – Amazon, Aldi, Costco Wholesale Club, and Walmart are among U.S. grocery retailers best positioned for success in 2053, according to a report out today from dunnhumby. “Grocery 2053: A Data-Driven Gaze into the Future” is the data science firm’s examination of trends that will have the biggest potential impact on grocery retailers over […] MMR June 21, 2023June 21, 2023 3 min read ConsumersHealth & WellnessAmazonData & InsightsdunnhumbyMarketing: Retail MediaInsight ProvidersBig DataWalmartShoppersKrogerPredictions and ForecastsTechnology & InnovationEconomyCostcoSustainabilityLidlHEBWalgreensAldiDept. GroceryWakefernThick DataTech: CashierlessCOVID19CVSAssociatesRite AidPublixMeijer 0 Saving Bookmark this article Bookmarked
Owned Brands (Private Label) Albertsons, Rite Aid hone store brands NEW YORK — Albertsons Cos. and Rite Aid Corp. are among mass retailers enhancing their store brand offerings as growth of the brands continues to outpace gains by national brands. The Private Label Manufacturers Association (PLMA) reported store brand sales increased 11.3% last year as national brand sales increased 6.1%. In volume terms, store brand […] MMR June 19, 2023June 19, 2023 2 min read Owned Brands (Private Label)Albertsons / SafewayRite AidExecutivesDept. FreshMerchandisingConsumersDept. HBCMarketing: BrandPackagingBrick and MortarDept. BeverageDept. FrozenDept. PerimeterFlagship StoresMarketing: Loyalty & SubscriptionPredictions and ForecastsShoppersStore Location 0 Saving Bookmark this article Bookmarked
Channel: Delivery SN Top 10: Rite Aid, Kroger, Instacart top the week's headlines In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Rite Aid, CVS face lawsuits for misleading shoppers. A lawsuit was filed recently in the U.S. District Court for the Southern District of New York Supermarket News June 5, 2023June 5, 2023 < 1 min read InstacartRite AidKrogerDeliveryLegal & CriminalShoppersCVS 0 Saving Bookmark this article Bookmarked
Channel: Drug Rite Aid rolls out RYSHI beauty and personal care essentials PHILADELPHIA — Rite Aid announced the launch of RYSHI – its exclusive collection of clean beauty and personal care essentials. Spanning across multiple categories, RYSHI products offer better-for-you ingredients at an accessible price point so customers can conveniently build their beauty toolkit at their neighborhood Rite Aid. The full collection offers a vast range of […] MMR June 5, 2023June 5, 2023 2 min read Rite AidDept. HBCHealth & WellnessPricing & PromotionsMerchandisingKraftHeinzExecutivesBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Grocery - Natural Store closures: Rite Aid, Natural Grocers Rite Aid will close three in New York; Natural Grocers will close two in the Dallas-Fort Worth area Supermarket News May 8, 2023May 8, 2023 < 1 min read Rite AidNatural GrocersDept. Natural / Organic 0 Saving Bookmark this article Bookmarked
Channel: Mass Kroger paying $68 million to settle WV opioid suit Kroger has agreed to pay $68 million to settle a lawsuit brought by West Virginia against the company for its role in that state’s opioid crisis. CVS, Rite Aid, Walgreens and Walmart previously settled with the state, which has collected more than $1 billion. RetailWire May 6, 2023May 6, 2023 < 1 min read KrogerWalgreensWalmartRite AidLegal & CriminalCVS 0 Saving Bookmark this article Bookmarked
Trends & External Forces Rite Aid Healthy Futures supports youth mental health ETTERS, Pa. – Rite Aid Healthy Futures has committed $1.25 million in grant funding to six leading youth mental health organizations, joining the response to a generational crisis that has ravaged communities and highlighted the need for increased investment and attention. Working with and learning from the top leaders in the field of youth mental […] MMR May 3, 2023May 3, 2023 5 min read Health & WellnessInclusivityRite AidCOVID19PartnershipsThick DataSustainabilityESG and CSRPredictions and ForecastsExecutivesDept. NonfoodResults & InvestmentData & InsightsTechnology & InnovationDept. HBCGoogleAssociates 0 Saving Bookmark this article Bookmarked
Department: HBC Rite Aid kicks off spring beauty event PHILADELPHIA – Rite Aid is kicking off a spring beauty sales event today, with the theme “Beauty is in Bloom,” promising “spectacular shopping promotions to get consumers feeling and looking their best this season.” For the next three weeks, Rite Aid is offering a variety of special deals, in-store and online, including money-saving promotions on […] MMR April 24, 2023April 24, 2023 2 min read Dept. HBCRite AidConsumersMarketing: TradeMarketing: In StoreJohnson & JohnsonShoppersESG and CSRExecutivesKraftHeinzMerchandisingPricing & PromotionsMarketing: Social Media 0 Saving Bookmark this article Bookmarked
Channel: Grocery NACDS Foundation adds board members PALM BEACH, Fla.– At the National Association of Chain Drug Stores (NACDS) Annual Meeting, the NACDS Foundation announced the addition of five first-time members to the NACDS Foundation board of directors. Each Director will serve a one-year term. First-time NACDS Foundation board of directors include: Naomi Duvall, Cardinal Health Lisa Paley, Haleon Marvin Vines, The Coca-Cola Company Summer […] MMR April 24, 2023April 24, 2023 2 min read ExecutivesHealth & WellnessData & InsightsCostcoGoogleHy-VeeUnileverCoca ColaConsumersData VisualizationJohnson & JohnsonProcter & GambleRite AidSustainabilityBrick and MortarAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Trends & External Forces Rite Aid narrows loss in fourth quarter PHILADELPHIA — Rite Aid reported a net loss of $241.3 million, or $4.39 per share, for its fourth quarter, compared to a net loss of $389.1 million, or $7.18 per share in the year-ago period. The adjusted net loss of $68.2 million, or $1.24 per share, was wider than the 78 cents per share expected […] MMR April 21, 2023April 21, 2023 5 min read Dept. PharmacyCOVID19Predictions and ForecastsRite AidExecutivesTechnology & InnovationEconomyKraftHeinzOwned Brands (Private Label)Results & InvestmentTargetOperations & Supply ChainBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department: HBC Rite Aid Q4 results: Pharmacy causing pain Pharmacy reports fourth quarter and FY 2023 losses, and more are expected, and then there are the lawsuits Supermarket News April 21, 2023April 21, 2023 < 1 min read Dept. PharmacyRite Aid 0 Saving Bookmark this article Bookmarked
Trends & External Forces Rite Aid, Swarovski and Others Add BNPL Options as Adoption Grows Rite Aid has partnered with Afterpay to offer buy now, pay later (BNPL) services for its customers at more than 2,000 locations. The pharmacy joins other recent Afterpay partners, including Boden, Fresh, Lulu and Georgia, Quince, Swarovski and Wolverine Worldwide in launching or expanding payment over time choices. “Expanding our partnership with Afterpay allows more […] Retail TouchPoints April 6, 2023April 6, 2023 < 1 min read Trends: FinanceBNPLRite AidPartnershipsHealth & WellnessTechnology & InnovationResults & InvestmentExecutivesDept. PharmacyDept. Fresh 0 Saving Bookmark this article Bookmarked
Data & Insights Retail Traffic Trends #121: Change is coming, are you ready? While some trends come and go, there were a few trends that have stayed with consumers throughout the year. This week we look at how new technologies have the potential to have unique use-cases for retail stores. THIS WEEK’S HIGHLIGHTS Monthly Roundup: Inside the latest trends. NRF2023: A recap of what experts expect to see […] Doorcounts March 31, 2023July 11, 2023 2 min read Data & InsightsTechnology & InnovationAIDeliveryStore LocationConsumersShoppersPredictions and ForecastsDept. GroceryBrick and MortarRestaurantsCustomer ExperienceMarketing: In StoreSustainabilityRite AidUbereatsDept. Toys & GamesDept. NonfoodCOVID19AmazonChatGPTTrends: Retail 0 Saving Bookmark this article Bookmarked
Channel: Grocery Channel: Mass Department: Adult Beverage Department: Beverage Department: HBC ESG Partnerships & Alt Profit Media & Marketing Retailer Media Agencies & Vendors Retail Ecosystem Data & Insights Shopper & Customer Trends & External Forces Retail Operations Operations & Supply Chain Stores & Formats Hy-Vee launches RedMedia omnichannel retail media network Hy-Vee launched the full-scale version of its retail media network, called Hy-Vee RedMedia, at the Groceryshop 2023 conference this week in Las Vegas. The West Des Moines, Iowa-based retailer described the platform as a disruptor in the retail media landscape that will connect brands directly with Hy-Vee’s customer base across multiple platforms, including both online […] Written by Supermarket News September 22, 2023September 25, 2023 Saving Bookmark this article Bookmarked
Channel: Delivery Channel: Ecommerce & Digital Channel: Grocery Channel: Grocery - Natural Department: Food Acquisitions, Divestitures & Mergers Corporate Finance Partnerships & Alt Profit Shopper & Customer Start Ups Technology & Innovation Trends & External Forces Associates & Employees Operations & Supply Chain Stores & Formats Instacart stock languishes after IPO Instacart saw its share price erode in the two days following its initial public offering, after it rose 12.7% in its first day of trading on the NASDAQ exchange. The stock settled down to just slightly over its IPO price of $30 per share on Wednesday, its first full day on the exchange, then ranged […] Written by Supermarket News September 22, 2023September 25, 2023 Saving Bookmark this article Bookmarked
Retailer Media Retail Media Metrics #30DaysofRetailMedia | Day 21: Retail Media Metrics Metrics help brand advertisers measure retail media effectiveness. Key performance indicators (KPIs) span the full marketing funnel, as consumers can enter anywhere. Brand advertisers: 🎯 Choose KPIs according to their objectives📊 Measure baseline results for meaningful comparisons🌟 Review their metrics for data insights to optimize their processes and […] Written by Lisa Goller September 21, 2023September 25, 2023 Saving Bookmark this article Bookmarked
Shopper & Customer Shopper & Customer CPG companies aim to make recycling simpler for consumers Dispelling consumer confusion around plastics recycling, investing in local programs and embracing molecular technologies are some of the current steps the Consumer Brands Association and its members are taking to create a sustainably packaged future. Written by Supermarket Perimeter September 21, 2023September 21, 2023 Saving Bookmark this article Bookmarked
Holiday & Events Trends & External Forces Holiday & Events The big chill: Holiday retail sales 2023 expected to slow Experts predict slow growth in 2023 holiday sales as consumers tighten their belts in a tough economy, but e-commerce will remain a bright spot. Stores are filling with displays of holiday decorations and holiday-themed merchandise as retailers eagerly prepare for the annual shopping surge, but consumers may not be as excited. Forecasts for 2023 holiday […] Written by Future of Commerce September 21, 2023September 21, 2023 Saving Bookmark this article Bookmarked