April 12, 2013

Rite Aid reported a $123.1 million profit for fourth quarter 2013 and $118.1 million for the fiscal year - its first profitable year since 2007 - amid greater generic drug penetration and retention of at least three-quarters of the customers who switched over to the chain during the dispute between Walgreens and pharmacy benefit manager Express Scripts, among other factors.

In other words, the factors that helped fuel the nearly $62 million profit the company reported in third quarter 2013 have continued to hold, which means the 4,623-store chain has put itself on track for strong future growth, which will no doubt be helped along by the debt refinancing the company finished in February.

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.

April 4, 2013

Same-store sales at Rite Aid decreased 2% in March, including a 3.8% increase in same-store sales on the front end and a 4.5% decrease in pharmacy sales due in part to new introductions of generic drugs, the retail pharmacy chain said.

April 2, 2013

Rite Aid is offering free allergy screenings, information and a range of products as the allergy season approaches, the retail pharmacy chain said Tuesday.

March 26, 2013

Rite Aid is tying in its fundraising efforts for Children's Miracle Network Hospitals with an upcoming children's movie.

March 20, 2013

Rite Aid raised $5.9 million for Children's Miracle Network Hospitals in 2012, the retail pharmacy chain said.

March 18, 2013

Rite Aid is stocking Easter and spring supplies at its stores in anticipation of the holiday and season, the retail pharmacy chain said Monday.

March 7, 2013

Rite Aid's same-store sales for February 2013 decreased by 3.6% over the previous year, including a 1.3% decrease in front-end same-store sales and a 4.7% decrease in pharmacy same-store sales, the retail pharmacy chain said.

March 6, 2013

Health and wellness products retailer GNC is sponsoring a 12-week effort to encourage consumers to transform eating and exercise habits for long-term weight management, the company said.

March 5, 2013

OutcomesMTM, a medication therapy management delivery system, on Tuesday recognized its top chain and independent pharmacies for 2012.

March 1, 2013

Rite Aid has expanded its telemedicine service to 58 more stores, the retail pharmacy chain said Friday.

March 1, 2013

Rite Aid announced Friday that it had expanded its "virtual clinic" model to additional markets, now offering NowClinic Online Care service in 58 stores.

Retail clinics are an area in which Rite Aid has not invested to the same degree as Walgreens and CVS, but NowClinic shows that there are more ways to offer clinical services in a retail pharmacy setting than building an actual clinic. In 2011, Rite Aid became the first to provide such virtual clinics in a retail pharmacy setting when it launched the program as a pilot in nine stores in Detroit.

February 28, 2013

Rite Aid's philanthropic arm has donated $15,000 to an organization that works with universities to develop social-justice projects.

February 27, 2013

Rite Aid announced the two winners of the 2012 Favorite Pharmacy Team Member contest: a pharmacy technician from Ada, Ohio, and a long-time customer of the Birmingham, Mich., store.

February 26, 2013

Several pharmacy retailers got top place in a recent consumer satisfaction survey.

February 25, 2013

Bob Miller has a knack for turnarounds. In 1999, he took over Rite Aid as chairman and CEO, helping to stabilize the drug store chain at a time when Rite Aid was on the brink of bankruptcy, and many analysts were projecting Rite Aid would fold.

February 22, 2013

The YMCA is offering a demonstration project to show that its YMCA Diabetes Prevention Program — part of the Centers for Disease Control and Prevention's broader National Diabetes Prevention Program — can lower the incidence of Type 2 diabetes and reduce medical costs incurred by Medicare. The Centers for Medicare and Medicaid Innovation is funding the project, whereby YMCAs in 17 communities that deliver the program will offer it at no cost to 10,000 Medicare enrollees over the next three years, and the YMCA expects it to save Medicare $4.2 million over three years and $53 million over six years.

It's been said that, "It takes a village to raise a child," and because chronic disease is an issue that affects communities as a whole - not just individuals - it would make sense for community-based organizations to target a growing national health crisis like the diabetes epidemic.

February 22, 2013

Rite Aid has completed a series of debt financing transactions it announced recently, the retail pharmacy chain said.

February 21, 2013

New Jersey first lady and chairwoman of the Hurricane Sandy New Jersey Relief Fund Mary Pat Christie will visit a Point Pleasant, N.J., Rite Aid store on Friday at 11:30 a.m. with Rite Aid executives to receive money for the fund, Rite Aid said Thursday.

February 20, 2013

GNC is ramping up its reach beyond its 6,100 retail outlets, Joe Fortunato, the company's chairman, president and CEO, told analysts last week.

February 8, 2013

Rite Aid has updated the debt refinancing that it announced Jan. 31, the retail pharmacy chain said.

February 7, 2013

Rite Aid is promoting itself as a Valentine's Day shopping destination for women, the retail pharmacy chain said.

February 1, 2013

Rite Aid on Thursday announced the appointment of Yong Choe as VP federal affairs and public policy. Choe previously served as director of business outreach and member services for the Republican Study Committee, chaired by Rep. Jim Jordan of Ohio, and worked in various roles in the government affairs division of the National Association of Chain Drug Stores between 2003 and 2010. In his new position, he will report to EVP pharmacy Robert Thompson.

February 1, 2013

Rite Aid will refinance part of its debt, the retail pharmacy chain announced.