Content about Bob Miller

February 25, 2013
Meet Bob Miller

Bob Miller has a knack for turnarounds. In 1999, he took over Rite Aid as chairman and CEO, helping to stabilize the drug store chain at a time when Rite Aid was on the brink of bankruptcy, and many analysts were projecting Rite Aid would fold.

Bob Miller has a knack for turnarounds. In 1999, he took over Rite Aid as chairman and CEO, helping to stabilize the drug store chain at a time when Rite Aid was on the brink of bankruptcy, and many analysts were projecting Rite Aid would fold.

Miller joined Rite Aid soon after building Fred Meyer into a supermarket powerhouse. Kroger acquired the Midwest chain in a $8 billion deal in 1999.

February 21, 2013
Albertsons appoints division presidents; Justin Dye to head pharmacy

Albertsons named the division presidents who will lead the 877 stores it will acquire from Supervalu after the purchase agreement closes next month, the company said. The two companies agreed to the purchase in January.

BOISE, Idaho — Albertsons named the division presidents who will lead the 877 stores it will acquire from Supervalu after the purchase agreement closes next month, the company said. The two companies agreed to the purchase in January.

July 25, 2011
Back to wellness and adding the ‘plus’


With its latest string of initiatives designed to bring it out of a slump that lasted more than a decade, Rite Aid is aiming for “wellness” to do for it what the lower-case “i” did for Apple.



With its latest string of initiatives designed to bring it out of a slump that lasted more than a decade, Rite Aid is aiming for “wellness” to do for it what the lower-case “i” did for Apple.


First, there was the wellness+ loyalty card program. Then, there was the wellness store format, with its team of Wellness Ambassadors. “This new format is all about empowering our customers in their pursuit of wellness,” president and CEO John Standley said in the company’s first quarter 2012 earnings call on June 23.


July 25, 2011
Sammons’ legacy is one of turnaround


When Rite Aid chairman Mary Sammons accepted the Sheldon W. Fantle Lifetime Achievement Award at the National Association of Chain Drug Stores’ Annual Meeting in Scottsdale, Ariz., in May, it was the culmination of a career that had seen Rite Aid emerge from a period of darkness that had lasted more than a decade.



When Rite Aid chairman Mary Sammons accepted the Sheldon W. Fantle Lifetime Achievement Award at the National Association of Chain Drug Stores’ Annual Meeting in Scottsdale, Ariz., in May, it was the culmination of a career that had seen Rite Aid emerge from a period of darkness that had lasted more than a decade.


Sammons plans to stay on as chairman of Camp Hill, Pa.-based Rite Aid until the company’s annual meeting in June 2012. But when she does hang up the gloves, she will have a lot to look back on.


January 5, 2011
Troy Healthcare buys Stopain, announces line extension

Troy Healthcare on Wednesday announced its purchase of the Stopain brand from DRJ Group and also stated that a new Stopain gel line extension will be shipping to stores in early 2011.

HAZELTON, Pa. — Troy Healthcare on Wednesday announced its purchase of the Stopain brand from DRJ Group and also stated that a new Stopain gel line extension will be shipping to stores in early 2011.

September 12, 2010
Turnaround efforts spearheaded by returning, co. veterans

Rite Aid’s course has remained steady and true, more or less, from the time Bob...

June 25, 2009
Despite setbacks, the future of Rite Aid looks positive

If there were to be a beginning point identified for Rite Aid’s latest turnaround effort,...

NEW YORK If there were to be a beginning point identified for Rite Aid’s latest turnaround effort, this time encompassing all of what was once the No. 4 national drug chain in Eckerd, it may have happened in the few months prior to September 2008, when Rite Aid’s brass was still recruiting John Standley.