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Rite Aid appoints CEO as chairman of the board
CAMP HILL, Pa. — Rite Aid Corp. announced Friday that its president and CEO John Standley will also become chairman of its board. Standley has been CEO of the company since 2010 and already served as a member of the company's board of directors.  
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Rite Aid Names John T. Standley Board Chairman
CAMP HILL, Pa.--(BUSINESS WIRE)-- Rite Aid Corporation (NYSE:RAD) announced that its Board of Directors has elected John T. Standley, who is currently President, Chief Executive Officer and a member of the Company’s Board of Directors, to the additional ...  
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Rite Aid hiring in Maryland
Drugstore giant Rite Aid Corp. is doing some hiring below the Mason-Dixon line. The Camp Hill, Pa.-based company currently has 38 job openings in Maryland, including 11 in the Baltimore area. The jobs are mostly for pharmacy technicians and shift supervisors. Rite Aid stores in Arbutus, Frederick, Ellicott City and Bel Air are among the locations with openings. Rite Aid (NYSE: RAD) has about 4,7000 stores in 31 states and Washington, D.C...  
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Rite Aid narrows fourth-quarter loss
Rite Aid Corp.'s fourth-quarter loss narrowed compared with a year ago as sales increased in established stores, some key expenses fell and the drugstore operator benefited from an extra week in the quarter. The Camp Hill, Pa., company said Thursday it lost $163.8 million, or 18 cents per...  
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Equity Research on Walgreen Co. and Rite Aid Corp. -- New Regulations May...
www.shinesrooms.com has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Drug Stores industry and are offering free analytical research on ...  
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Earnings Scorecard: Rite Aid Corp.
Rite Aid Corporation (NYSE:RAD - News), the third-largest retail drugstore in the U.S. based on revenues and number of stores, posted a fourth-quarter 2012 loss last Thursday. Though the company’s results slumped in the quarter, it compared ...  
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$5,000 reward after same Rite Aid robbed twice
PHILADELPHIA - May 22, 2012 (WPVI) -- The Rite Aid Corporation and the Citizens Crime Commission are offering a $5,000 reward after one Philadelphia store was robbed twice in one week. The first robbery happened around 4:15 a.m. on May 14th at the Rite Aid ...  
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$5K Reward Offered in Rite Aid Robberies
The Citizens Crime Commission and Rite Aid Corporation are offering a $5,000 for information leading to the arrest and conviction of the person responsible in each of two seperate robberies at a Northeast Rite Aid. In both robberies at the Welsh Road store ...  
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Rite Aid Finalizes Add-on Offering of 9.25% Senior Notes Due 2020
May 18, 2012 (Close-Up Media via COMTEX News Network) -- Rite Aid Corp. announced that it has closed its previously announced offering of an additional $421.0 million aggregate principal amount of 9.25 percent Senior Notes due 2020. The proceeds of the ...  
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Rite Aid Prices Add-on Offering of Senior Notes
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid Corporation (NYSE: RAD) announced today the pricing of an offering of an additional $421.0 million aggregate principal amount of 9.25% senior notes due 2020 (the “Notes”) at a price of 101.25% which will result in total proceeds of approximately $426.3 million. The Notes are being offered as additional notes under an existing indenture pursuant to which Rite Aid previously issued $481.0 million...  
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Rite Aid Reports 2.9 Percent Same Store Sales Increase for April
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid Corporation (NYSE: RAD) today announced sales results for April. Monthly Sales For the four weeks ended April 28, 2012, same store sales increased 2.9 percent over the prior-year period. April front-end same store sales increased 2.7 percent. Pharmacy same store sales, which included an approximate 311 basis points negative impact from new generic introductions increased 3.0 percent. Prescription count...  
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Fitch Affirms Rite Aid's IDR at 'B-'; Rates New Notes 'CCC/RR5'; Outlook to...
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a rating of 'CCC/RR5' to Rite Aid Corporation's (Rite Aid) $421 million of 9.25% guaranteed senior unsecured notes due March 15, 2020. The notes are being offered as additional notes under an existing indenture pursuant to which Rite Aid previously issued $481 million 9.25% senior notes in February 2012. Between the two bond issues, Rite Aid has addressed its 2015 debt maturities of $459...  
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Rite Aid Reports Improved Fourth Quarter and Full Year Fiscal 2012 Results
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid Corporation (NYSE: RAD) today reported improved financial results for the fourth quarter and fiscal year ended March 3, 2012. For the fourth quarter, the company reported revenues of $7.1 billion, a net loss of $161.3 million or $0.18 per diluted share and Adjusted EBITDA of $274.3 million or 3.8 percent of revenues. Revenues improved by $690.3 million; net loss decreased by $44.4 million, or $0.06 per...  
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The Jean Coutu Group Sells Rite Aid Shares
LONGUEUIL, QUÉBEC--(Marketwire - April 20, 2012) - In accordance with the provisions of Rule 144 under the Securities Act of 1933, The Jean Coutu Group (TSX:PJC.A) filed on April 17, 2012 a notice confirming its intent to dispose up to 56,000,000 of its 234,401,162 common shares of Rite Aid Corporation (" Rite Aid "). The Jean Coutu Group completed the sale of these 56,000,000 common shares today. These shares were sold at an...  
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Rite Aid Reports 3.6 Percent Same Store Sales Increase for March
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid Corporation (NYSE: RAD) today announced sales results for March. Monthly Sales For the four weeks ended March 31, 2012, same store sales increased 3.6 percent over the prior-year period. March front-end same store sales increased 4.6 percent. Pharmacy same store sales, which included an approximate 240 basis points negative impact from new generic introductions, increased 3.2 percent. Prescription...  
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Rite Aid Completes Add-on Offering of 9.25% Senior Notes Due 2020
Company Calls for Redemption of the 9.375% Senior Notes Due 2015That Remain Outstanding Following Completion of Tender Offer CAMP HILL, Pa.--(BUSINESS WIRE)-- Rite Aid Corporation (NYSE: RAD) announced today that it has closed its previously announced ...  
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Rite Aid, Ephrata National Bank report earnings
Pharmacy chain Rite Aid Corp. and ENB Financial Corp., the parent company of Ephrata National Bank, recently reported financial results. Rite Aid Corp., based in East Pennsboro Township, Cumberland County, last week reported a loss of $161.3 ...  
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2nd UPDATE: Rite Aid April Same-Store Sales Up 2.9%
Rite Aid Corp.'s (RAD) same-store sales rose 2.9% in April, continuing the streak of monthly sales gains for the drugstore chain. Separately, the company also said it plans to offer an additional $426 million aggregate principal amount of senior ...  
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Rite Aid April Same-Store Sales Up 2.9%
Rite Aid Corp.'s (RAD) same-store sales rose 2.9% in April, continuing the streak of monthly sales gains for the drugstore chain. Separately, the company also said it plans to offer an additional $426 million aggregate principal amount of senior ...  
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Rite Aid Announces Tender Offer and Consent Solicitation
CAMP HILL, Pa.--(EON: Enhanced Online News)--Rite Aid Corporation (NYSE: RAD) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of its outstanding $405.0 million aggregate principal amount of 9.375% ...  
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Rite Aid Corporation : Rite Aid Helps Allergy Sufferers Breathe Easy All...
Rite Aid is making it easy to manage seasonal allergies with exclusive Rite Aid Allergy coupon ... Rite Aid pharmacists ready to counsel on over-the-counter and prescription relief options. On April 28, customers can stop by select Rite Aid stores to ...  
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Rite Aid loss narrows amid sales growth
NEW YORK -(MarketWatch)- Rite Aid Corp.'s (NYSE:RAD) fiscal fourth-quarter loss narrowed as the drug-store company benefited from an extra week of sales and a tax benefit in the latest period. The chain's loss was greater than analysts expected ...  
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Rite Aid Corporation : Rite Aid Proudly Supporting 2012 Entertainment...
The Los Angeles event on May 12 will also feature a Rite Aid team. EIF Revlon Run/Walk For Women was launched in 1994 through the combined efforts of Lilly Tartikoff, Ronald O. Perelman, chairman of Revlon, Inc. and EIF. Since inception, more than $65 ...  
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Rite Aid Announces Add-on Offering of Previously Issued 9.25% Senior Notes as...
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid Corporation (NYSE: RAD) announced today its intention to offer an additional $426.0 million aggregate principal amount of 9.25% senior notes due 2020 (the “Notes”). The Notes are being offered as additional ...  
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Rite Aid sees 2013 loss, Q4 revenue up
NEW YORK (MarketWatch) -- Rite Aid Corp. (NYSE:RAD) said Thursday its fourth-quarter loss narrowed to $163.8 million, or 18 cents a share, from a loss of $205.7 million, or 24 cents a share, in the year-ago period. Revenue climbed to $7.15 ...  
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UPDATE 1-Jean Coutu sells 23.9 percent of Rite-Aid stake
NEW YORK, April 20 (Reuters) - Canadian drugstore chain Jean Coutu Group Inc said on Friday it has sold 56 million shares in Rite Aid Corp, or nearly a quarter of its stake. Jean Coutu has been Rite Aid's biggest shareholder since it sold its U ...  
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Rite Aid Prices Add-On Offering of Senior Notes $421M Notes;Offering Price at...
Rite Aid Corporation (NYSE: RAD) announced today the pricing of an offering of an additional $421.0 million aggregate principal amount of 9.25% senior notes due 2020 (the “Notes”) at a price of 101.25% which will result in total proceeds of ...  
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UPDATE 2-Rite Aid posts smaller loss; same-store sales up
April 12 (Reuters) - Rite Aid Corp posted a smaller quarterly loss, and the No. 3 U.S. drugstore chain's sales at existing stores rose for the fifth consecutive quarter as some of its efforts to attract shoppers gained traction. While Rite Aid ...  
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Rite Aid sees March revenue improvement - AP
Drugstore operator Rite Aid Corp. said Thursday revenue from its established stores grew 3.6 percent last month, helped by increases from both the pharmacy and rest of store. The Camp Hill, Pa., company saw pharmacy revenue from stores open at least a year ...  
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Rite-Aid same-store sales rise 3.6%
NEW YORK (MarkewtWatch) -- Retailer Rite-Aid Corp said on Thursday that its March same-store sales rose 3.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.  
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Rite Aid March Same-Store Sales Rose 3.6%
Rite Aid Corp.'s (RAD) same-store sales rose 3.6% in March, continuing a streak of monthly growth for the drugstore chain. Analysts have been expecting Rite Aid and CVS to gain market share as a result of Walgreen's exiting pharmacy benefits ...  
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Rite Aid to Release Fourth Quarter Results on April 12
CAMP HILL, Pa.--(EON: Enhanced Online News)--Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2012 Fourth Quarter, which ended March 3, 2012, on Thursday, April 12, 2012. The company will hold an analyst ...  
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Rite Aid shareholder proposes ‘clawback' resolution
A Rite Aid Corp. shareholder plans to present a shareholder resolution ... except as required by earlier merger agreements. Rite Aid initially opposed that resolution, but the SEC ruled the company was not entitled to exclude it from a vote.  
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Rite Aid Reports Wider Than Expected Loss
The Company's stores sell prescription drugs, as well as other products such as nonprescription medications, health and beauty aids, and cosmetics. Rite Aid Corporation operates a retail drugstore chain in various states and the District of Columbia.  
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Rite Aid Reports Improved Fourth Quarter and Full Year Fiscal 2012 Results...
--(EON: Enhanced Online News)--Rite Aid Corporation (NYSE ... This increase consisted of a 1.1 percent front-end same store sales increase and a 2.4 percent increase in pharmacy same store sales. Pharmacy sales included an approximate 169 basis point ...  
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Rite Aid Corporation : Rite Aid Stores Host Tour Bringing Free Skin Cancer...
... of Americans can receive free full-body skin cancer screenings this spring and summer thanks to The Skin Cancer Foundation's annual Road to Healthy Skin Tour presented by AVEENO® and Rite Aid. Starting this week, the Tour's 38-foot customized RV is ...  
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Rite Aid April same-store sales rise 2.9%
The No. 3 U.S. drugstore chan behind Walgreen Co. (WAG) and CVS Caremark Corp. (CVS) has seen its same-store sales improve for the past five quarters as the company benefits from the rollout of a loyalty program and store renovations under a new ...  
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Rite Aid and Hershey Co. remain in Fortune 500
Rite Aid and Hershey are both back in Fortune magazine’s list of America’s 500 largest corporations, if a bit lower than where they ranked last year. East Pennsboro-based Rite Aid dropped from 100 to 113 in the annual rankings after seeing ...  
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Rite Aid Accuses NYC Landlord Of Overbilling For Taxes
The complaint, lodged in New York state court against Chalfonte Realty Corp., alleges that the pharmacy agreed to pay 50 percent of any annual property tax increases assessed against the property leased by Rite Aid in addition to monthly rent. However ...  
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Rite Aid Corp Reports 3.6 Percent Rise In March Same Store Sales
Rite Aid Corp Reports 3.6 Percent Rise In March Same Store Sales - Quick Facts  
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Parents say pharmacy mix-up could have seriously harmed child
Kelly Leigh said Rite Aid also told her that they sometimes pull a cashier from the front of the store to help out in the pharmacy when it is busy. When NewsChannel 36 contacted the Rite Aid corporate office, a spokesperson said, "We are still ...  
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Rite Aid Launches Free wellness+ Mobile App for Android, iOS (GOOG...
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Rite+Aid+%28RAD%29+Launches+Free+wellness%2B+Mobile+App+for+Android%2C+iOS+%28GOOG%29+%28AAPL%29/7303025.html for the full story.  
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Rite Aid sees March revenue improvement
Drugstore operator Rite Aid Corp. said Thursday revenue from its established stores grew 3.6 percent last month, helped by increases from both the pharmacy and rest of store.The Camp Hill, Pa., company ...  
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Reward offered in Rite Aid robbery, shooting
The Rite Aid Corporation is offering a $5,000 reward for information regarding the two men responsible for shooting a man after the suspects robbed a Statesville pharmacy.  
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Rite Aid Launches Mobile App for Android and iPhone Smartphones
"With this new app for Android and iPhone-powered devices, Rite Aid is ready to further ... Add selected items from the weekly circular to a mobile shopping list. Rite Aid Corporation is a drugstore chain.  
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Rite Aid narrows Q4 loss, to emphasize remodels in 2013
Katherine Field BoccaccioRite Aid Corp. reported that it narrowed its loss in the fourth quarter to $163.8 million, from a loss of $205.7 million in the year-ago period.  
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Rite Aid to Remodel Stores
Camp Hill, Pa.-based Rite Aid Corp. plans to focus on remodeling existing stores in fiscal 2013.  
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Rite Aid Reports 3.6 Percent Same Store Sales Increase for March
Rite Aid Corporation today announced sales results for March.  
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