Content about CAMP HILL

July 27, 2012

Everybody loves a comeback story, and it looks as though the retail pharmacy industry has one of its own in the making as Rite Aid’s latest earnings report showed another strong quarter for the Camp Hill, Pa.-based chain, which has been steadily growing its sales and narrowing its losses for several quarters already.

Everybody loves a comeback story, and it looks as though the retail pharmacy industry has one of its own in the making as Rite Aid’s latest earnings report showed another strong quarter for the Camp Hill, Pa.-based chain, which has been steadily growing its sales and narrowing its losses for several quarters already.

For the full Rite Aid Annual Report, click below.

June 17, 2013

Rite Aid announced a new debt-refinancing plan, the second such plan in two weeks.

CAMP HILL, Pa. — Rite Aid announced Monday a new debt-refinancing plan, the second such plan in two weeks.

The company announced that it would offer for sale a new series of senior notes due 2021 worth $400 million, which would be unsecured, unsubordinated obligations of Rite Aid Corp. and would be guaranteed by the company. The retailer said on June 7 that it would purchase $500 million worth of 7.5% senior notes due 2017.

Proceeds from the offering will be used to redeem $400 million of the company's outstanding 9.5% senior notes due 2017.

June 12, 2013

Rite Aid will offer free informational resources in its stores and online on summer skin care, as well as sponsoring a cross-country tour offering full-body skin cancer screenings, the drug store chain said Wednesday.

CAMP HILL, Pa. — Rite Aid will offer free informational resources in its stores and online on summer skin care, as well as sponsoring a cross-country tour offering full-body skin cancer screenings, the drug store chain said Wednesday.

Rite Aid is partnering with the Skin Cancer Foundation for the program, which will last through July. A study published in the June edition of the Annals of Internal Medicine indicated that proper sun protection can keep skin looking younger as well as healthier.

June 7, 2013

Rite Aid moved to refinance its debt Friday, announcing that it would buy half a billion dollars in notes using proceeds from a new loan, while also projecting that it would turn a profit in the first quarter of fiscal year 2014, results of which it will announce next week.

CAMP HILL, Pa. — Rite Aid moved to refinance its debt Friday, announcing that it would buy half a billion dollars in notes using proceeds from a new loan, while also projecting that it would turn a profit in the first quarter of its fiscal year 2014, results of which it will announce next week.

The retail pharmacy chain said it would buy $500 million worth of 7.5% Senior Secured Notes, due 2017, using the proceeds from a $500 million second lien term loan.

The offer will expire on July 5 unless it's extended, the company said.

June 6, 2013

Rite Aid's same-store sales decreased by 1.5% in May as the shift to generic drugs continued to offset front-end comps, the retail pharmacy chain said.

CAMP HILL, Pa. — Rite Aid's same-store sales decreased by 1.5% in May as the shift to generic drugs continued to offset front-end comps, the retail pharmacy chain said Thursday.

The Camp Hill, Pa.-based retailer reported a 0.8% increase in front-end comps for the month, which included the five weeks that ended June 1, and a 2.7% decrease in pharmacy comps, which itself included a 3.73% negative effect from new generics. Same-store prescription count decreased by 0.3%.

May 20, 2013

A California health executive has been appointed to Rite Aid's board of directors, the retail pharmacy chain said.

CAMP HILL, Pa. — A California health executive has been appointed to Rite Aid's board of directors, the retail pharmacy chain said Monday.

May 14, 2013

Rite Aid is sponsoring its second annual nail-art contest, the retail pharmacy chain said.

CAMP HILL, Pa. — Rite Aid is sponsoring its second annual nail-art contest, the retail pharmacy chain said Tuesday.

Rite Aid announced the launch of its "Nail Extravaganza," based around the two-round "Search for the Rite Aid Nail Enthusiast" contest; the first round runs through May 24. Contestants compete for 20 prizes by submitting nail designs at Riteaidnails.com.

May 6, 2013

Rite Aid is sending out a customized 38-ft. van to 50 stores around the country as part of a campaign to promote skin care.

CAMP HILL, Pa. — Rite Aid is sending out a customized 38-ft. van to 50 stores around the country as part of a campaign to promote skin care.

The retail pharmacy chain announced Monday the start of the Road to Healthy Skin Tour, which it is sponsoring on behalf of the Skin Cancer Foundation to coincide with Skin Cancer Awareness Month. The tour is in its sixth year and will visit Rite Aid stores in the Northeast, Midwest, South and West.

May 2, 2013

Rite Aid's same-store sales decreased 4% in April compared with April 2012 due to an earlier Easter and introductions of new generic drugs, the retail pharmacy chain said.

CAMP HILL, Pa. — Rite Aid's same-store sales decreased 4% in April compared with April 2012 due to an earlier Easter and introductions of new generic drugs, the retail pharmacy chain said Thursday.

The numbers released Thursday included a 3.5% decrease in sales on the front end and a 4.2% decrease in pharmacy sales, but the pharmacy figure included a 4.54% negative effect due to new generics. Same-store prescription count decreased by 0.2%.

Total sales for the month were $1.902 billion, a 4.6% decrease over April 2012's $1.993 billion.

May 1, 2013

Rite Aid has signed on as a platinum sponsor of the Entertainment Industry Foundation Revlon Run/Walk for Women, the retail pharmacy chain said Wednesday.

CAMP HILL, Pa. — Rite Aid has signed on as a platinum sponsor of the Entertainment Industry Foundation Revlon Run/Walk for Women, the retail pharmacy chain said Wednesday.

The company will sponsor the New York and Los Angeles events this month, fielding teams of runners and walkers, manning booths and bringing fitness expert Denise Austin to warm up participants, as well as partnering with Revlon to donate a combined $100,000 to the EIF in support of efforts against women's cancer.

April 22, 2013

Rite Aid's revamped website will offer a "more personalized and engaging" experience for customers, the company said.

CAMP HILL, Pa. — Rite Aid's revamped website will offer a "more personalized and engaging" experience for customers, the company said Monday.

The new site, which it worked with Razorfish Healthware to design, includes easier access to online pharmacy services, health and wellness information.

April 11, 2013

Rite Aid's profits grew in the fourth quarter and fiscal year 2013 amid stronger front-end sales and prescription count, the retail pharmacy chain said.

CAMP HILL, Pa. — Rite Aid's profits grew in fourth quarter and fiscal year 2013 amid stronger front-end sales and prescription count, the retail pharmacy chain said Thursday.

April 11, 2013

Snack manufacturer Warrell Corp. is introducing a new line of caramel candies, the company said.

CAMP HILL, Pa. — Snack manufacturer Warrell Corp. is introducing a new line of caramel candies, the company said Thursday.

Warrell announced the launch of the Classic Caramel brand, sold as bagged, individually wrapped caramel squares. The line includes vanilla, chocolate and apple-cinnamon flavors and an assorted bag containing all three flavors.

April 4, 2013

Same-store sales at Rite Aid decreased 2% in March, including a 3.8% increase in same-store sales on the front end and a 4.5% decrease in pharmacy sales due in part to new introductions of generic drugs, the retail pharmacy chain said.

CAMP HILL, Pa. — Same-store sales at Rite Aid decreased 2% in March, including a 3.8% increase in same-store sales on the front end and a 4.5% decrease in pharmacy sales due in part to new introductions of generic drugs, the retail pharmacy chain said Thursday.

The 4,621-store chain reported total sales for the month of $1.939 billion, a 2.5% decrease compared with $1.989 billion in March 2012, while same-store prescription count increased 0.3%.

April 2, 2013

Rite Aid is offering free allergy screenings, information and a range of products as the allergy season approaches, the retail pharmacy chain said Tuesday.

CAMP HILL, Pa. — Rite Aid is offering free allergy screenings, information and a range of products as the allergy season approaches, the retail pharmacy chain said Tuesday.

March 26, 2013

Rite Aid is tying in its fundraising efforts for Children's Miracle Network Hospitals with an upcoming children's movie.

CAMP HILL, Pa. — Rite Aid is tying in its fundraising efforts for Children's Miracle Network Hospitals with an upcoming children's movie.

The retail pharmacy chain announced it would kick off its 19th annual campaign for the group tied in with "Epic," the 20th Century Fox Films movie that will be in theaters starting May 24. The animated movie tells the story of a teenage girl who is magically shrunk to meet a group of warriors who protect the natural world.

March 20, 2013

Rite Aid raised $5.9 million for Children's Miracle Network Hospitals in 2012, the retail pharmacy chain said.

CAMP HILL, Pa. — Rite Aid raised $5.9 million for Children's Miracle Network Hospitals in 2012, the retail pharmacy chain said.

The company said the amount marked a record and was 41% higher than the year before. Rite Aid has supported the organization for 18 years, and the money funds critical care, research and equipment at 95 Children's Miracle Network Hospitals in communities served by Rite Aid.

March 18, 2013

Rite Aid is stocking Easter and spring supplies at its stores in anticipation of the holiday and season, the retail pharmacy chain said Monday.

CAMP HILL, Pa. — Rite Aid is stocking Easter and spring supplies at its stores in anticipation of the holiday and season, the retail pharmacy chain said Monday.

The 4,623-store chain said items at its stores included chocolate bunnies, marshmallow Peeps, SweeTarts, Ducks & Bunnies, Cadbury Eggs and other candy brands, as well as baskets and other accessories.

In addition, the company is selling such gardening supplies as planters, figurines, bird feeders, wind chimes and outdoor fountains and lighting, including solar-powered devices.

 

March 7, 2013

Rite Aid's same-store sales for February 2013 decreased by 3.6% over the previous year, including a 1.3% decrease in front-end same-store sales and a 4.7% decrease in pharmacy same-store sales, the retail pharmacy chain said.

CAMP HILL, Pa. — Rite Aid's same-store sales for February 2013 decreased by 3.6% over the previous year, including a 1.3% decrease in front-end same-store sales and a 4.7% decrease in pharmacy same-store sales, the retail pharmacy chain said Thursday.

Front-end comps attributable to flu-related OTC products were flat, while pharmacy comps included a negative effect of 695 basis points from new generic introductions. Same-store prescription count increased 0.3%, including a 0.1% decrease attributable to flu shots and prescription flu drugs.

March 1, 2013

Rite Aid has expanded its telemedicine service to 58 more stores, the retail pharmacy chain said Friday.

CAMP HILL, Pa. — Rite Aid has expanded its telemedicine service to 58 more stores, the retail pharmacy chain said Friday.

Rite Aid said the NowClinic Online Care service were available at stores in Baltimore, Boston, Philadelphia and Pittsburgh. The service gives customers access to care, via a secure online video connection, from OptumHealth doctors and nurses. The company originally unveiled the program at nine stores in Detroit in 2011.

February 28, 2013

Rite Aid's philanthropic arm has donated $15,000 to an organization that works with universities to develop social-justice projects.

CAMP HILL, Pa. — Rite Aid's philanthropic arm has donated $15,000 to an organization that works with universities to develop social justice projects.

The Rite Aid Foundation announced the donation of the grant to Impact Alabama, based in Birmingham, Ala., which plans to use the grant to expand FocusFirst, a vision-screening program for children in Head Start classrooms and lower-income daycares across the state. The foundation previously awarded the group $15,000 in 2010.

February 27, 2013

Rite Aid announced the two winners of the 2012 Favorite Pharmacy Team Member contest: a pharmacy technician from Ada, Ohio, and a long-time customer of the Birmingham, Mich., store.

CAMP HILL, Pa. — Rite Aid announced the two winners of the 2012 Favorite Pharmacy Team Member contest: a pharmacy technician from Ada, Ohio, and a long-time customer of the Birmingham, Mich., store. Both were selected at random from more than 13,000 entries in the annual contest honoring Rite Aid's pharmacy team members for their commitment to customer care and service.

February 22, 2013

Rite Aid has completed a series of debt financing transactions it announced recently, the retail pharmacy chain said.

CAMP HILL, Pa. — Rite Aid has completed a series of debt financing transactions it announced recently, the retail pharmacy chain said.

The transactions were meant to extend the maturity of a portion of the retailer's debt and lower its interest expenses.

February 21, 2013

New Jersey first lady and chairwoman of the Hurricane Sandy New Jersey Relief Fund Mary Pat Christie will visit a Point Pleasant, N.J., Rite Aid store on Friday at 11:30 a.m. with Rite Aid executives to receive money for the fund, Rite Aid said Thursday.

CAMP HILL, Pa. — New Jersey first lady and chairwoman of the Hurricane Sandy New Jersey Relief Fund Mary Pat Christie will visit a Point Pleasant, N.J., Rite Aid store on Friday at 11:30 a.m. with Rite Aid executives to receive money for the fund, Rite Aid said Thursday.

February 8, 2013

Rite Aid has updated the debt refinancing that it announced Jan. 31, the retail pharmacy chain said.

CAMP HILL, Pa. — Rite Aid has updated the debt refinancing that it announced Jan. 31, the retail pharmacy chain said.