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Rite Aid Sends $1 Million to the American Red Cross; Contribution Raised from Sale of Disaster Relief Coupons in Stores, Rite Aid Foundation Donation; Rite Aid Stores Continue Sales of $1 Disaster Relief Coupons

CAMP HILL, Pa. -- Rite Aid (NYSE, PCX:RAD) announced today that to date it has sent $1 million to the American Red Cross for Hurricane Katrina relief, including $750,000 of funds raised in the first week of selling disaster relief coupons in its stores and a $250,000 donation from the...

Tags: coupon, Rite Aid, sales

Research articles 2005-09-14

Drugstores Battle for Convenience.

Byline: Michael Ware Baby Boomers, many of whom remember the drug culture of their youth, are still into pill popping - but this time it's the meds of the prescription variety. The former hippies and their...

Tags: CVS Corp., Rite Aid, sales, Walgreen Co.

Research articles 2006-05-01

Additional Resources

Rite Aid October Same Store Sales Increase 2.9 Percent

Core Rite Aid Same Stores Sales Up 4.1 Percent Total Same Store Sales in Former Brooks Eckerd Stores Turn Positive CAMP HILL, Pa. -- Rite Aid Corporation (NYSE:RAD) today announced sales results for October. Monthly Sales For the four weeks ended October...

Articles 2008-10-30

Coutu performance dragged down by stake in Rite Aid

LONGUEUIL, Quebec -- The Jean Coutu Group has again seen improved results in its home territory overwhelmed by losses stemming from its 29.9% share in Rite Aid Corp. For the fiscal 2009 second quarter ended August 30 operating income from Coutu's core Canadian operations climbed to $51.3 million...

Articles 2008-10-20

Rich Juliano: group vice president of home, health & beauty, Supervalu Inc

MINNEAPOLIS -- As a veteran of both the chain drug store and supermarket industries Rich Juliano has played an important role in helping Supervalu Inc. integrate the Albertsons banners it acquired in June 2006. When Juliano joined Supervalu in 2003 as group vice president of home, health and...

Articles 2008-10-20

More tough going is anticipated

CAMP HILL, Pa. -- With another quarter of unexpectedly large losses, Rite Aid management once again lowered its sights for the 2009 fiscal year and announced a series of actions to cut costs and improve cash flows in the second half. The company plans to reduce its operating...

Articles 2008-10-13

As the population ages, demand is sure to increase

NEW YORK -- Although it cuts across all demographic spectrums, aging and pain seemingly go hand in hand. "Today's consumer does not want to concede to growing older, as evidenced by the increasing number of rejuvenating products," says Anthony Raissen, president of InterQuantum, a marketing, advertising and sales...

Articles 2008-10-13

Rite Aid Readies for Last-Minute Halloween Rush

Market Woes, Weekend Holiday Expected to Boost Sales, National Retail Federation Predicts CAMP HILL, Pa. -- Ever wonder what Batman, Hillary Clinton, Cinderella and a gaggle of uniformed school girls have in common? In just a few short weeks, they'll all be hitting the streets - and the...

Articles 2008-10-08

Standley returns to Rite Aid as COO in executive shakeup

CAMP HILL, Pa. -- One of the original engineers of Rite Aid's turnaround earlier this decade has returned to Camp Hill. Rite Aid named John Standley president and chief operating officer on Sept. 25--the same day Rite Aid readjusted earnings guidances to reflect the impact of a recession economy. ...

Articles 2008-10-06

Rite Aid revamps exec team

CAMPHILL, Pa. -- Rite Aid Corp. has announced a major shakeup of its upper management ranks after posting a worse-than expected second quarter loss due to its acquired Brooks Eckerd stores. The company consequently cut its full-year financial outlook, and its stock price tumbled to an all-time low of 85...

Articles 2008-10-06

Scoreboard

Quarter Dollar %RETAILERS ended Sales ...

Articles 2008-10-06

Private equity fund Hispania Capital Partners has completed the sale of Samy Companies, a maker of hair care products, to Hoyu Co., a privately held international hair care products company based in Nagoya, Japan

Private equity fund Hispania Capital Partners has completed the sale of Samy Companies, a maker of hair care products, to Hoyu Co., a privately held international hair care products company based in Nagoya, Japan. Terms of the deal were not disclosed. HCP invested in Samy, a provider of...

Articles 2008-10-06

Rite Aid September Same Store Sales Increase 1.7 Percent

September Same Store Sales in Core Rite Aid Stores Up 3.2 Percent Front-End Same Store Sales in Acquired Brooks Eckerd Stores Increase 4.5 Percent; Acquired Stores' Pharmacy Sales Continue Positive Trend CAMP HILL, Pa. -- Rite Aid Corporation (NYSE:RAD) today announced sales results for September. ...

Articles 2008-10-02

Rite Aid same-store sales up 1.7%

Camp Hill, Pa.-based drug store chain Rite Aid Corp. said today that its same-store sales rose 1.7 percent in September. For the four-week period ending Sept. 27, Rite Aid said, same-store sales rose 3.4 percent in the front end of its stores and rose 1 percent in the pharmacy section....

Articles 2008-10-02

DVDs find a home in product mix

NEW YORK -- DVDs have officially replaced videotapes as the most popular way to view movies at home, and chain drug retailers are responding to this reality by offering more family-oriented and blockbuster DVDs to their customers. According to a recent survey by Nielsen Media Research, more American...

Articles 2008-09-29

Rite Aid hires new team after 5th losing quarter

Rite Aid Corp., the third-biggest U.S. drugstore chain, hired new operating and finance chiefs after reporting its fifth straight unprofitable quarter and widened its projected loss for the year. The second-quarter net loss more than doubled to $222 million, or 27 cents a share, from $69.6 million,...

Articles 2008-09-26

Rite Aid Reports Fiscal Year 2009 Second Quarter Net Loss Per Diluted Share of $0.27 and Adjusted EBITDA of $215.3 Million

Core Rite Aid Same Store Sales Increased 3.1 Percent from Prior Year, While Sales in Acquired Stores Continued To Improve Brooks Eckerd Integration on Schedule for Completion by September 30 Management Takes Further Actions to Reduce Costs, Improve Cash Flows Company Revises Outlook for...

Articles 2008-09-25

Rite Aid Announces Key Appointments to Strengthen Senior Leadership Team

John Standley Returns to Rite Aid, Named President and Chief Operating Officer Frank Vitrano Joins Company as Chief Financial Officer and Chief Administrative Officer Appointments Will Help Rite Aid Execute Strategy to Invigorate Sales, Reduce Costs and Strengthen Financial Position CAMP HILL, Pa. --...

Articles 2008-09-25

Rite Aid honors Front-End Suppliers

CAMP HILL, Pa. -- Rite Aid Corp. has named five companies as its 2008 Front End Suppliers of the Year. Physicians Formula Holdings, Church & Dwight, LNK International, Pharmavite and Procter & Gambles oral care and household chemical divisions received the honor. Each year, Rite Aid...

Articles 2008-09-22

CVS buys Arbor

CVS BUYS ARBOR: CVS Corp. bought the regional drug chain Arbor Drugs Inc. in a stock transaction valued at $1.48 billion. The deal pulled CVS even with Walgreen Co. as the top drug chain in terms of sales and put it ahead of Rite Aid Corp. as the leader in...

Articles 2008-09-22