See photos of the new Harrisburg, Pa., location, which features a one-of-a-kind in-store Hershey Sweet Shop that offers a variety of Hershey’s candy and specialty merchandise.
Rite Aid Pharmacy & Business News
While the delay in merger approval has negatively impacted Rite Aid results, company officials acknowledged, the company is working toward improving performance.
Health Dialog’s Nurse Line provides guidance and information to help people make informed decisions about their medical care.
Walgreens Boots Alliance is likely to litigate should the Federal Trade Commission sue to block its proposed merger of Rite Aid, Cowen analyst Charles Rhyee opined according to a StreetInsider.com report published Wednesday. Rite Aid's value "remains significant" Rhyee noted. "This leads us to believe if the FTC were to block, WBA would litigate to win Rite Aid," he said. A deadlocked FTC is also a possibility, according to Rhyee. "The FTC Chairman, Maureen Ohlhausen, who is likely more favorable to the transaction, could use the 1-1 vote as leverage to build consensus and arrive at a consent decree." (StreetInsider.com)
Coming from a diverse neighborhood gave her ‘street smarts,’ but Rite Aid’s head of pharmacy tells Drug Store News her most important leadership lessons came from two pillars of the Philadelphia community — her mom and dad.
Sales of artificial eyelashes packaged with adhesives rose 31% to $157 million, according to IRI data for multi-outlet retailers for the 52-week period ended March 19. Eyelash adhesives kicked in another $30 million and showed growth of 24%.
Continued Civil Information Demands from the Federal Trade Commission may be indicative that the agency plans to block the proposed merger, according to The New York Post sources.
The two companies have certified substantial compliance with the Federal Trade Commission — a move that will leave the chains free to merge if the FTC hasn’t issued a decision before July 7.
Four key customer-centric programs that are critical to Rite Aid include its immunization program, medication synchronization, a differentiated loyalty card offeing and a contemporary store format.
As part of its merger agreement with Walgreens Boots Alliance, Rite Aid's agreement to sell 865 stores and certain specified assets to Fred's Pharmacy may expand to as many as 1,200 locations.