Content about Rite Aid

January 29, 2014

Ken Martindale, president and COO of Rite Aid, discussed the challenges involved and the careful process behind the reinvention of a brand, and shared the story of Rite Aid’s own reinvention as a company — and the decisions and strategies its leaders put in place to drive that transformation — at a special one-day summit co-hosted by The Drug Store News Group and the Mack Elevation Forum in August.

“How many of you are with a company that has come to the realization that the way you’re currently structured or the way you’re positioned simply isn’t enough in today’s marketplace; or that the products and services you’re providing are not as relevant to the changing consumer as they once were?” That was a key question Ken Martindale, president and COO of Rite Aid, had for attendees of a special one-day summit co-hosted by The Drug Store News Group and the Mack Elevation Forum in August. And nearly every hand in the room was raised in the air.

October 15, 2013

The research firm IHS predicts that 1.8 million people will access health and wellness care via electronic and video links by 2017, and the Department of Health and Human Services showed its commitment to telehealth in September by donating $5.3 million to set it up in rural areas. Meanwhile, drug store chains like Rite Aid and Thrifty White have been making investments of their own. On Oct. 9, services provider MDLive announced that it appointed Travis Stork, co-host of the Emmy award-winning CBS series "The Doctors," to its medical advisory board. Stork recently took the time to talk to DSN about telehealth and what it means for pharmacy retailers.

AUDIO Q&A: DSN recently sat down with Travis Stork, co-host of the Emmy award-winning CBS series "The Doctors," to talk about telehealth and what it means for pharmacy retailers. On Oct. 9, services provider MDLive announced that it appointed Stork to its medical advisory board.

August 5, 2013

As drug store chains like Walgreens, Duane Reade, Rite Aid and Bartell Drugs — not to mention a few independents as well — go upscale, one of the noticeable changes they make is to the beauty department. But a key element, beauty futurist Jeanine Recckio told DSN, is "retailtainment." In other words, beauty should be fun, and as more pharmacy retailers understand that, the line that divides their beauty departments from those of specialty and department stores will become increasingly thin.

Audio Q&A: As drug store chains like Walgreens, Duane Reade, Rite Aid and Bartell Drugs — not to mention a few independents as well — go upscale, one of the noticeable changes they make is to the beauty department.

December 15, 2012

In an exclusive video store tour, Rite Aid COO Ken Martindale walks Drug Store News editor Rob Eder and the DSN.TV cameras through its newest Wellness store, which features several important new elements and a vastly updated look throughout the store.

In an exclusive video store tour, Rite Aid COO Ken Martindale walks Drug Store News editor Rob Eder and the DSN.TV cameras through its newest Wellness store in Lemoyne, Pa., which features several important new elements and a vastly updated look throughout the store. This installment of DSN.TV is sponsored by The Emerson Group.

December 10, 2012

Armed with a new store concept and the wellness+ loyalty card program, Rite Aid is mounting a comeback and posting its best results in years.

Armed with a new store concept and the wellness+ loyalty card program, Rite Aid is mounting a comeback and posting its best results in years.

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.

July 25, 2011

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 lowercase “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 lowercase “i” did for Apple.

Click below to download the complete PDF of the 2011 Rite Aid Annual Report.

April 11, 2014

Spring 2014 will be marked as a watershed moment for Rite Aid — it's the season Rite Aid officially transitioned from an operation on the turnaround to a renewed and recharged entity positioned for future growth.

"Fiscal 2014 was far more than just another great year for Rite Aid," John Standley, Rite Aid chairman and CEO, shared with analysts Thursday morning. "Because of our continued positive momentum, we are now in a position to evolve our strategy from one that focuses on turning our company around to one that emphasizes growth. Because of the rapid change taking place throughout the healthcare industry, we believe there is enormous opportunity to meet evolving marketplace needs, better serve our customers and demonstrate our value to the healthcare system. In many ways, we feel as though we're beginning a new chapter here at Rite Aid as we look to further expand our healthcare offerings and strengthen the many wellness offerings that have driven our recent success."

CAMP HILL, Pa. — Spring 2014 will be marked as a watershed moment for Rite Aid — it's the season Rite Aid officially transitioned from an operation on the turnaround to a renewed and recharged entity positioned for future growth.

April 10, 2014

Rite Aid on Thursday announced it has acquired Houston-based RediClinic, one of the nation’s leading operators of retail clinics.

CAMP HILL, Pa. — Rite Aid on Thursday announced it has acquired Houston-based RediClinic, one of the nation’s leading operators of retail clinics. RediClinic currently operates 30 clinics in the greater Houston, Austin and San Antonio areas. Through the acquisition, RediClinic will operate as a wholly owned subsidiary of Rite Aid. 

Details of the transaction were not disclosed.

April 10, 2014

In the wake of acquiring Houston-based RediClinic, Rite Aid on Thursday reported revenues of $6.6 billion for the fourth quarter ended March 1, resulting from a 2.2% lift primarily attributed to an increase in pharmacy same-store sales.

CAMP HILL, Pa. — In the wake of acquiring Houston-based RediClinic, Rite Aid on Thursday reported revenues of $6.6 billion for the fourth quarter ended March 1, resulting from a 2.2% lift primarily attributed to an increase in pharmacy same-store sales. For the full year, Rite Aid reported $25.5 billion in revenues, up 0.5%.

April 8, 2014

Rite Aid on Tuesday announced it has been awarded Specialty Pharmacy accreditation from URAC, a Washington, D.C.-based healthcare accreditation organization that establishes quality standards for the healthcare industry.

CAMP HILL, Pa. — Rite Aid on Tuesday announced it has been awarded Specialty Pharmacy accreditation from URAC, a Washington, D.C.-based healthcare accreditation organization that establishes quality standards for the healthcare industry. 

April 7, 2014

With its 2014 Miracle Balloon campaign now underway in stores nationwide, Rite Aid begins its 20th year of partnership with Children’s Miracle Network Hospitals, the company announced Monday.

CAMP HILL, Pa. — With its 2014 Miracle Balloon campaign now underway in stores nationwide, Rite Aid begins its 20th year of partnership with Children’s Miracle Network Hospitals, the company announced Monday. Since becoming a partner in 1994, Rite Aid associates have helped raise more than $64 million for the organization.

April 7, 2014

Rite Aid on Monday announced that David Abelman, a retail veteran with more than 25 years’ experience, is joining the company as SVP brand development and innovation. His appointment is effective immediately.

CAMP HILL, Pa. — Rite Aid on Monday announced that David Abelman, a retail veteran with more than 25 years’ experience, is joining the company as SVP brand development and innovation. His appointment is effective immediately.

In this newly created position, Abelman will be responsible for overseeing the continued development of Rite Aid brand products as well as identifying and implementing new innovations to enhance and grow Rite Aid’s business. He will report to Ken Martindale, Rite Aid’s president and COO.

April 3, 2014

Rite Aid on Thursday posted $1.9 billion in sales for the four weeks ended March 29, up 0.4%.

CAMP HILL, Pa. — Rite Aid on Thursday posted $1.9 billion in sales for the four weeks ended March 29, up 0.4%. 

Same-store sales increased 0.7% over the prior-year period. March front-end same store sales decreased 5%, with 4.1% of the decrease attributable to a shift in the timing of Easter, which falls on April 20 this year compared to March 31 last year.  

April 2, 2014

Labeed Diab has been named SVP and president health and wellness at Walmart, filling a position previously held by Dr. John Agwunobi, who left the company.

BENTONVILLE, Ark. — Labeed Diab has been named SVP and president health and wellness at Walmart, filling a position previously held by Dr. John Agwunobi, who left the company.

April 2, 2014

Looking to help those victims, families and communities affected by the devastating landslide that occurred in late March in Oso, Wash., several industry players have announced relief efforts.

NEW YORK — Looking to help those victims, families and communities affected by the devastating landslide that occurred in late March in Oso, Wash., several industry players have announced relief efforts.

Among the retailers stepping up to the plate is Seattle-based Bartell Drugs. In conjunction with the Salvation Army, Bartell Drugs has announced that it is accepting donations to support ongoing relief efforts for those affected by the mudslide in Snohomish County.

April 1, 2014

Rite Aid on Tuesday announced it has acquired Boston-based Health Dialog Services Corp., a provider of health coaching, shared decision making and healthcare analytics from Bupa, a London-based international healthcare services group.

CAMP HILL, Pa. — Rite Aid on Tuesday announced it has acquired Boston-based Health Dialog Services Corp., a provider of health coaching, shared decision making and healthcare analytics from Bupa, a London-based international healthcare services group. Through the acquisition, Health Dialog will operate as a wholly owned subsidiary of Rite Aid. 

March 25, 2014

Rite Aid on Tuesday announced that Dedra Castle is joining Rite Aid as EVP and chief human resources officer.

CAMP HILL, Pa. — Rite Aid on Tuesday announced that Dedra Castle is joining Rite Aid as EVP and chief human resources officer. In this position, Castle will be responsible for all aspects of human resources, including training, recruitment, talent management, compensation and benefits, labor relations, leadership development and diversity. She will report to Rite Aid’s chairman and CEO John Standley.

March 24, 2014

Rite Aid announced Monday that through its year-long fundraising efforts, the company raised $6.8 million for Children’s Miracle Network Hospitals in 2013, a record-breaking amount in the drug store chain's 19 years of support for the charity.

CAMP HILL, Pa. — Rite Aid announced Monday that through its year-long fundraising efforts, the company raised $6.8 million for Children’s Miracle Network Hospitals in 2013, a record-breaking amount in the drug store chain's 19 years of support for the charity. The money raised by Rite Aid funds care, research and equipment at 95 Children’s Miracle Network Hospitals in communities served by Rite Aid. 

March 17, 2014

New York Attorney General Eric Schneiderman on Monday joined Ohio Attorney General Mike DeWine in leading an effort to persuade the largest pharmacy chains in the United States to stop selling tobacco products.

NEW YORK — New York Attorney General Eric Schneiderman on Monday joined Ohio Attorney General Mike DeWine in leading an effort to persuade the largest pharmacy chains in the United States to stop selling tobacco products. Along with Schneiderman and DeWine, the Attorneys General of 28 states and territories have written to the CEOs of WalMart, Walgreens, Rite Aid, Safeway and Kroger, asking them to remove all tobacco products from their shelves. 

March 14, 2014

Wellness empowerment. Even before Rite Aid’s big announcement last week, officially unveiling its newest program, the Rite Aid Health Alliance, those two words more or less reflected every major initiative happening at the company over the last few years: the Wellness stores; its Wellness+, Rite Aid’s health-based loyalty program; the Wellness Ambassadors in its stores… It’s always been about engaging patients in wellness, and empowering them to take steps to improve their health and well being. The Rite Aid Health Alliance takes that commitment down to the “atomic level of patient engagement,” Rite Aid chairman and CEO said last week, at a live event at one of its Buffalo stores.

Through the program, Rite Aid pharmacists together with a new patient care position in Rite Aid stores, the Care Coach, work directly with patients with chronic conditions and poly-chronic conditions to help them meet specific health improvement goals, as outlined by the patient’s physician. Care coaches, who are specially trained in behavior change to help patients address health issues related to lifestyle, work with patients to take their physicians’ recommendations and “break them down into sizeable, understandable milestones,” Jocelyn Konrad, VP healthcare initiatives for Rite Aid, told DSN. Rite Aid’s Health Alliance stores can “become an extension of the physician’s office,” she said. “It’s going to be a different experience for the patient. Whatever [they] need to understand and be motivated, we will work to provide it.”

Wellness empowerment. Even before Rite Aid’s big announcement last week, officially unveiling its newest program, Rite Aid Health Alliance, those two words more or less reflected every major initiative happening at the company over the last few years: the Wellness stores; wellness+, Rite Aid’s health-based loyalty program; the Wellness Ambassadors in its stores… It’s always been about engaging patients in wellness, and empowering them to take steps to improve their health and well being.

March 10, 2014

Rite Aid introduced a new program, dubbed Rite Aid Health Alliance, which is a health management collaboration among various healthcare providers that provides comprehensive care and support to individuals with chronic and poly-chronic health conditions, and helps them achieve health improvement goals established by their physicians.

CAMP HILL, Pa. — Rite Aid introduced on Monday a new program, dubbed Rite Aid Health Alliance, which is a health management collaboration among various healthcare providers that provides comprehensive care and support to individuals with chronic and poly-chronic health conditions, and helps them achieve health improvement goals established by their physicians.

March 6, 2014

Rite Aid on Thursday posted a 1.5% increase in same-store sales for the five weeks ended March 1.

CAMP HILL, Pa. — Rite Aid on Thursday posted a 1.5% increase in same-store sales for the five weeks ended March 1. February front-end same-store sales decreased 1.8%, of which 0.5% was attributable to a decrease in sales of flu-related over-the-counter products. Pharmacy same-store sales, which included an approximate 138 basis points negative impact from new generic introductions, increased 3.1%. 

February 18, 2014

McKesson and Rite Aid on Tuesday announced the signing of an expanded distribution agreement to include both brand and generic pharmaceuticals.

SAN FRANCISCO — McKesson and Rite Aid on Tuesday announced the signing of an expanded distribution agreement to include both brand and generic pharmaceuticals. The new five-year agreement, which extends through March 2019, creates efficiencies for both companies by leveraging the strength of Rite Aid as one of the leading national drug store chains in the United States, and McKesson as a leader in pharmaceutical sourcing and supply chain management, the companies reported. 

February 13, 2014

Rite Aid on Wednesday named the two winners of the 2013 Favorite Pharmacy Team Member contest — a pharmacy cashier from Cliffside Park, N.J., and a loyal customer of the company's store in Mansfield, Mass.

CAMP HILL, Pa. — Rite Aid on Wednesday named the two winners of the 2013 Favorite Pharmacy Team Member contest — a pharmacy cashier from Cliffside Park, N.J., and a loyal customer of the company's store in Mansfield, Mass. Both were selected at random from more than 14,000 entries in the 10th annual contest honoring Rite Aid's pharmacy team members for their commitment to customer care and service.