08/14/2014 - 9:08am

Rite Aid and Heritage Provider Network recently announced a new agreement to bring the Rite Aid Health Alliance program to HPN's chronic and polychronic patients in Southern California. The agreement marked Rite Aid’s fifth such partnership — and largest to date — under its Health Alliance initiative, which pairs local physicians with Rite Aid pharmacists and a new position in Rite Aid stores — the in-store “health coach” — to help patients meet specific health-related goals identified by their doctors.

09/19/2014 - 8:57am
Revising year-end guidance on account of reimbursement rate headwinds, Rite Aid's stock took a hit after reporting second-quarter earnings even though the company beat analysts' consensus estimates for the quarter. The retail pharmacy operation recorded second-quarter profit of $127.8 million, or 13 cents per share, more than doubling FactSet consensus analyst estimate of 6 cents a share, according to a MarketWatch report. And while revenue of $6.5 billion was in line with analyst expectations, Rite Aid topped expected same-store sales growth of 3.3% by recording 4.1% in same-store sales growth. 
 
Rite Aid is still on the right track. 
09/18/2014 - 9:47am

John Standley, Rite Aid chairman and CEO, on Thursday morning announced a sixth Rite Aid Health Alliance partnership with Physician Direct ACO in Detroit. 

 

09/18/2014 - 7:29am

Rite Aid on Thursday reported revenues of $6.5 billion for its second quarter ended Aug. 30, representing a 3.9% lift credited to rising pharmacy same-store sales. 

09/17/2014 - 2:32pm

The Skin Cancer Foundation’s annual Road to Healthy Skin Tour, presented by Rite Aid, recently wrapped up its seventh cross-country journey, providing free skin cancer screenings and prevention information to communities nationwide.

09/15/2014 - 3:14pm

Managing such chronic conditions as diabetes has become a core competency among many retail pharmacies. It dovetails well with the retail pharmacy industry’s goal to become a destination center for patients proactively seeking to improve their health and wellness.

09/15/2014 - 9:26am

The Rite Aid Foundation is taking charitable giving to the next level by letting customers choose the charity they want to support through KidCents, Rite Aid’s in-store, round-up program. 

 

09/10/2014 - 9:37am

The Rite Aid Cleveland Marathon on Tuesday announced a partnership with the Cleveland Cavaliers that will allow the start of the 38th annual race to take place Sunday, May 17 outside Quicken Loans Arena.

09/04/2014 - 9:50am

Rite Aid on Thursday reported a 3.2% lift in sales for the 26 weeks ended Aug. 30, ringing in $12.9 billion.