July 16, 2015

Rite Aid’s latest acquisition, the PBM EnvisionRx, significantly expands opportunities across two of the fastest growing sectors of healthcare— Medicare Part D and specialty pharmacy.

July 16, 2015

Rite Aid is back — and in a very big way. After years of toiling in the shadows of its fast-growing and better-capitalized rivals, the company has regained its footing and market momentum with a renewed vitality and a sharply defined focus on its mission as a community-driven health-and-wellness retailer.

July 16, 2015

A big part of the reason behind Rite Aid’s success is that the story has changed. It’s no longer about swimming upstream or playing defense. Today, it’s about creating a retail healthcare company and aggressively turning that dream into reality.

May 28, 2015

Rite Aid is looking forward to a robust store growth spate in the coming years, the chairman and CEO John Standley tells analysts. 

May 20, 2015

The National Association of Chain Drug Stores chairman’s gavel officially traded hands last month, here, at NACDS Annual Meeting, as Rite Aid chairman and CEO John Standley wrapped up his one-year term, and incoming chairman Randy Edeker, chairman, CEO and president of Hy-Vee embarked on his.

May 7, 2015

“You’re going to need a bigger boat,” Steve Anderson, president and CEO of the National Association of Chain Drug Stores, told attendees of the NACDS Annual Meeting Business Program Sunday morning.

April 28, 2015

Randy Edeker delivered his first remarks as the newly elected chairman of NACDS during Tuesday morning’s NACDS Annual Meeting Business Program.

April 8, 2015

Strong same-store sales help lift Rite Aid annual revenue 3.9% to $26.5 billion. 

March 13, 2015

Thank you to the 114th Congress for welcoming the participants in the 2015 NACDS RxIMPACT Day on Capitol Hill! We appreciate the opportunity to meet with you and discuss the key policy issues that shape pharmacy patient care for your constituents.

February 2, 2015

The value of collaboration through the National Association of Chain Drug Stores was on display Monday, as the NACDS Regional Chain Conference explored business-to-business partnerships and a public policy agenda that benefits patients and consumers.

January 14, 2015

Success in retail pharmacy is about integrating the front-end and pharmacy services into one comprehensive care model, John Standley, Rite Aid chairman and CEO, shared with analysts.

September 18, 2014

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

 

September 18, 2014

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. 

August 24, 2014

Chain pharmacy is roiling the nation’s troubled healthcare system with “disruptive innovation” and bringing new, more accessible retail health-and-wellness solutions to consumers.

July 24, 2014

Rite Aid has appointed former Roundy’s executive Darren Karst as EVP and CFO, effective Aug. 20.

June 23, 2014

There has been a lot of good news generating out of Rite Aid headquarters in Camp Hill, Pa., in the past week. Not the least of which was the 2.7% lift in first-quarter sales and the 3.1% gain in same-store sales for the period. Rite Aid delivered its seventh consecutive quarter of profitability, noted John Standley, Rite Aid chairman and CEO, during a conference call with analysts last week. And Motley Fool’s consumer goods analyst Sean O’Reilly raved about Rite Aid's Health Alliance program, what he described as the company's "ace up its sleeve." O'Reilly noted that the Health Alliance program is designed to drive traffic into Rite Aid's stores through doctor recommendations in the markets where Health Alliance is active. But there's a deeper dive here, because Rite Aid is driving the right customers into its stores — customers with poly-chronic or chronic conditions that represent more frequent trips and bigger market baskets. What's more, Rite Aid's Health Alliance program aims to make those acquired patients more sticky by coordinating a comprehensive care program that will help those patients reach their health goals.

June 19, 2014

More than 1-in-4 Rite Aid locations now reflect the latest in healthcare retailing — the company's Wellness store format, the concept that serves as a cornerstone to Rite Aid's overall health-and-wellness solution, John Standley, Rite Aid chairman and CEO, told analysts Thursday morning.

May 2, 2014

"NACDS helps to protect the value we currently deliver and sets the stage to provide an even higher level of care, all while sending a powerful message that chain pharmacies are doing far more than filling prescriptions and selling merchandise." That's the message incoming National Association of Chain Drug Stores John Standley had for NACDS Annual attendees. It's a critical juncture in the healthcare industry, he said, and everyone who participates in NACDS plays a substantial role.

NACDS is getting a seasoned performer at the helm. Standley has shown exemplary leadership and remarkable clarity of vision in leading the turnaround at Rite Aid — today the retail health care company is in the best shape it has been in financially in more than a decade, and introduced several very innovative new programs and initiatives from the wellness ambassadors to wellness+ to the Rite Aid Health Aliance, and most recently its acquisition of RediClinic.

April 29, 2014

Taking the stage as the newly elected National Association of Chain Drug Stores chairman during Tuesday morning’s business program at NACDS Annual in Scottsdale, Ariz., Rite Aid chairman and CEO John Standley stressed the value NACDS provides its members and emphasized the importance of partnership throughout the industry.

April 28, 2014

The National Association of Chain Drug Stores on Monday announced that it had elected new officers, one new executive committee member and three new board of directors members for the coming year during its annual meeting this weekend.

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."

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.

March 25, 2014

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

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.