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.

December 18, 2014

Rite Aid is expanding RediCllnic into new markets and leveraging kiosks, health coaches and a number of innovative new programs that are helping to convert its stores from traditional drug stores to a model of retail-driven health care for the future.

September 19, 2014
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. 
June 24, 2014

Rite Aid and Heritage Provider Network, one of California’s largest healthcare provider networks, on Tuesday announced they have entered into an agreement to bring the Rite Aid Health Alliance program to HPN’s chronic and polychronic patients across Southern California.

June 23, 2014

Rite Aid president and COO Ken Martindale officially marked the grand re-opening of the company's Beverly Hills store with a ribbon-cutting ceremony Monday morning.

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.

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.

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.

January 29, 2014

Rite Aid announced that associates in its corporate offices located throughout the greater Harrisburg area raised $613,555 during its 2013 fundraising campaign for the United Way of the Capital Region.

December 19, 2013

Rite Aid appears to be transitioning from a turnaround phase to one in which it's looking more toward future opportunities, company executives suggested in a conference call Thursday morning when announcing the chain's third quarter 2014 results.

November 8, 2013

Rite Aid’s efforts to convert the chain to the new Wellness store format have been running smoothly for a couple of years now, but it was this year that the chain reached two key milestones.

September 19, 2013

Rite Aid posted its fourth-consecutive profitable quarter Thursday as it reached a milestone in its store conversions and saw growth in the latest expansion to its loyalty program.

August 11, 2013

Some of the top minds in retail gathered in Las Vegas Friday to attend an exclusive one-day summit, co-hosted by the Mack Elevation Forum and the Drug Store News Group, that not only served as a special kickoff to NACDS Total Store Expo, but also provided a platform to discuss how to “create the future.”

August 8, 2013

Drug Store News recently spoke with president Ken Martindale about how Rite Aid's Wellness format has evolved.

June 24, 2013

Fresh off its third consecutive profitable quarter, Rite Aid has appointed Ken Martindale as president and COO, the retail pharmacy chain said Monday.

June 24, 2013

Rite Aid reported its third consecutive profitable quarter Thursday, with profits of nearly $90 million, following the introduction of the largest expansion of its Wellness+ loyalty card program, dubbed Wellness65+, and days before the promotion of COO Ken Martindale to president of the company.

The 4,615-store drug chain has been on a roll lately, continuing to benefit from the switch from branded to generic drugs and the retention of last year's dispute between Walgreens and Express Scripts.

June 20, 2013

Rite Aid posted its third consecutive profitable quarter Thursday morning as it launched the largest extension to date to its loyalty card program and continued growing the latest iteration of its new store format.

June 19, 2013

Rite Aid is launching an extension to its Wellness+ loyalty card program aimed at elderly customers, the retail pharmacy chain said Wednesday.

May 10, 2013

Rite Aid announced Wednesday that it has converted nearly all its stores in the Buffalo, N.Y., area to the Wellness store format, breaking the news with an event in the nearby village of Williamsville that included president, chairman and CEO John Standley, COO Ken Martindale and fitness expert Denise Austin.

Just as writers find their voices, Rite Aid has paved its road with wellness. Evidence of that was clear when it announced its latest last month, raking in a $123.1 million profit for the fourth quarter and a $118.1 million profit for the fiscal year, its first profitable year since 2007.

May 8, 2013

New York state's second-largest city has become the first market in which a majority of Rite Aid's stores have been converted to the Wellness format, the retail pharmacy chain said Wednesday.

April 22, 2013

Rite Aid's revamped website will offer a "more personalized and engaging" experience for customers, the company said.

April 11, 2013

Rite Aid's profits grew in the fourth quarter and fiscal year 2013 amid stronger front-end sales and prescription count, the retail pharmacy chain said.

November 29, 2012

Drug stores, especially chain drug stores, brand themselves differently. But once customers step through the doors, they tend to only see slight variations of the same thing: the same shelves, too tall for mere humans to reach the top without a ladder; the same product categories every other drug store carries; the same pharmacy counter in the back of the store; and the same cash registers in the front. Some stores have carpets, others have tile floors.


October 4, 2012

Rite Aid unveiled what it called its "next generation" Wellness store as the chain reported a decrease in same-store sales Thursday.