July 23, 2013

François Coutu has resigned from Rite Aid's board, effective Oct. 31, 2013, Rite Aid said in a filing with the Securities and Exchange Commission.

July 22, 2013

CVS Caremark’s MinuteClinic is striving to help patients lose weight and live healthier lives via a new weight-loss program that incorporates the DASH diet.

The move is important as it further illustrates the increased focus among retail-based health clinics to move beyond acute care. Many retail clinic operators have already started migrating toward expanded services, including weight-loss, smoking-cessation and fitness programs. For example, RediClinic has its Weigh Forward weight management program and Lindora, which operates a handful of clinics within select Rite Aid stores, began as a weight-loss clinic first and evolved into acute care later.


July 18, 2013

In a filing with the Securities and Exchange Commission Wednesday, the Quebec-based pharmacy retailer announced that it would sell 65.4 million shares in Rite Aid at a price of $183.1 million.

July 18, 2013

Following the cacophony of tweets from Bostonians regarding a Rolling Stone cover featuring Boston Marathon bombing suspect Dzhokhar Tsarnaev, Walgreens, Rite Aid and Kmart joined CVS/pharmacy and announced that they would not stock the magazine altogether.

July 9, 2013

Canadian pharmacy chain The Jean Coutu Group, which operates a network of 407 franchised stores in Quebec, New Brunswick and Ontario, reported a drop in net income in its first quarter, largely due to much smaller gains from the sale of Rite Aid shares versus the year-earlier period, the company stated.

July 3, 2013

Rite Aid's same-store sales increased by 0.7% in June, including increases in front end and pharmacy comps, the retail pharmacy chain said.

July 2, 2013

Rite Aid has finished a buyback program for more than $800 million worth of debt using proceeds from a sale of notes that allow the company to borrow at a lower interest rate, the retail pharmacy chain said Tuesday.

July 1, 2013

At a time when more and more retailers are embracing mobile technology, North America is set to account for one of the highest percentages of tablet sales, according to a new study.

July 1, 2013

Drug store chain Rite Aid has picked Payment Alliance International to provide ATM services at about 1,500 of its stores, the ATM network said.

June 27, 2013

Canadian retail pharmacy chain the Jean Coutu Group continued offloading its shares in Rite Aid as it announced Wednesday the sale of 72.5 million shares in the Camp Hill, Pa.-based drug store chain.

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 21, 2013

Rite Aid has completed an effort to refinance half a billion dollars in debt, the retail pharmacy chain said Friday, fresh off its announcement the day before of its third consecutive profitable quarter.

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 offering to buy back $810 million worth of debt while increasing the amount of a new bond sale announced Tuesday, the retail pharmacy chain said.

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.

June 17, 2013

Rite Aid announced a new debt-refinancing plan, the second such plan in two weeks.

June 12, 2013

Rite Aid will offer free informational resources in its stores and online on summer skin care, as well as sponsoring a cross-country tour offering full-body skin cancer screenings, the drug store chain said Wednesday.

June 7, 2013

Rite Aid moved to refinance its debt Friday, announcing that it would buy half a billion dollars in notes using proceeds from a new loan, while also projecting that it would turn a profit in the first quarter of fiscal year 2014, results of which it will announce next week.

June 6, 2013

Rite Aid's same-store sales decreased by 1.5% in May as the shift to generic drugs continued to offset front-end comps, the retail pharmacy chain said.

June 4, 2013

The maker of a line of 3-D kiosks is installing them at 200 Rite Aid stores in New York and Los Angeles after the completion of a 10-store pilot program last year.

June 3, 2013

Cosmetic Promotions has announced the addition of a new college program for those manufacturers interested in targeting the teen market.

May 30, 2013

When it announced its fourth-quarter and fiscal year 2013 earnings in April, Rite Aid noted that it performed 2.4 million flu vaccinations, as well as 400,000 vaccinations for pneumonia, shingles and whooping cough. Walgreens administered more than 6.5 million immunizations in 2012, and CVS' totals reached more than 3.5 million.

May 20, 2013

A California health executive has been appointed to Rite Aid's board of directors, the retail pharmacy chain said.