Content about Rite Aid

CAMP HILL, Pa. — Rite Aid is promoting heart health to mark American Heart Month in February.

The retail pharmacy chain announced Wednesday that it would distribute 12-page Heart Health guides and offer counseling with pharmacists and collect money for the American Heart Association's Go Red for Women movement by selling red dress paper pinups.

CAMP HILL, Pa. — Rite Aid has raised nearly $600,000 for a United Way chapter in Pennsylvania, the retail pharmacy chain said.

The company announced that employees in its corporate offices around the greater Harrisburg, Pa., area had raised $590,159 during its fundraising campaign for United Way of the Capital Region, for a total of nearly $5.8 million since 2002. Harrisburg, Pennsylvania's state capital, is near the company's headquarters in Camp Hill, Pa.

Costco announced in its January 2013 magazine that it would begin offering pharmacy benefit management services, targeting small businesses and highlighting a 200-employee company based in Washington state.

“A drug store in the palm of your hand.” That’s what Walgreens calls the fast-growing suite of health and pharmacy services now available from many retail pharmacies to Americans with smartphones.

Technology vendors, pharmacies and other health providers are keeping pace with a slew of interactive health offerings.  For proof, one need look no further than the nation’s biggest drug store retailers.

NEW YORK -- Growth in the consumer products market is likely to slow down over the next five years, while pharmacy retailers will see a profit windfall due to the generic drug cycle, according to a new report.

NEW YORK — The rocketing incidence of flu has been characterized as the most severe in at least a decade, and it's only going to get worse. Or better, depending upon your perspective. 

CAMP HILL, Pa. — A shift in the New Year's holiday calendar and the introduction of new generic drugs contributed to a decrease in same-store sales for the month of December at Rite Aid, the retail pharmacy chain said Thursday.

NEW YORK — Wall Street on Wednesday celebrated the "fiscal cliff" compromise as stocks across the board were trading up by some 200 basis points. As of noon, the Dow was up 1.7% and Nasdaq 2.3%. 

CAMP HILL, Pa. — The Rite Aid Foundation has announced that it is making a donation of food items valued at $15,000 to the 1199SEIU Child Care Corp.

Items including pasta, soup, sauces, instant coffee, tea and other non-perishable food items will be delivered to the union’s warehouse in North Bergen, N.J., where they will then be distributed to member families affected by Hurricane Sandy. Rite Aid and 1199SEIU officials will receive the delivery at the warehouse on Dec. 28. 
 


CAMP HILL, Pa. — Rite Aid's fundamentals are improving, and Wall Street has taken notice. 

Rite Aid stock was up slightly by three cents late Thursday afternoon from its previous close of $1.41 per share. But shares were trading at $1.02 per share on Dec. 19, the day before Rite Aid announced third quarter results. 

CAMP HILL, Pa. — Rite Aid beat analyst expectations in third quarter 2013 as the generic wave and retention of Express Scripts customers helped drive better-than-expected adjusted EBITDA and produced the company's first profitable quarter in five years.

"I am proud that we have achieved this significant milestone by putting our customers first and challenging ourselves to better serve them," Rite Aid president, chairman and CEO John Standley said in a conference call with Wall Street analysts Thursday morning.

A new survey by Wolters Kluwer Health indicated that a large majority of consumers think it's a good thing that more individuals are taking a larger and more active role in their own health care.

This should come as no surprise, as recent years have seen tremendous growth in things like electronic personal health records, mobile apps and use of social media. It also ties in with trends in the devolution of health care to the consumer level, such as retail clinics.