May 31, 2017

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)

May 18, 2017

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.

May 17, 2017

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%.

May 16, 2017

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.

May 9, 2017

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.

May 4, 2017

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.

May 4, 2017

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.

May 1, 2017

According to a report in TheStreet published Monday, CNBC "Mad Money" host Jim Cramer advised Walgreens shareholders to hold on to what they have, because no matter how the Rite Aid deal pans out, Walgreens will win. "If the deal's derailed by the FTC, I think we're going to get a truly monster buyback," Cramer said during an exclusive monthly conference call for members of his Action Alert Plus investment club. "If the deal is accepted, analysts can raise their numbers substantially. Those are good outcomes." (TheStreet)

May 1, 2017

Once implemented, the FTC will have 90 days to either clear the $9.7 billion deal, or sue to block it, reported the news outlet.

April 25, 2017

For its 2017 fiscal fourth quarter ended March 4, Rite Aid reported revenues of $8.5 billion and a net loss of $21.1 million. Its adjusted net loss came in at $3.2 million, which bested Wall Street estimates.

April 14, 2017

Several categories are heating things up in the beauty aisles, especially Korean beauty.

April 14, 2017

Rite Aid has converted almost half of its store base to the highly successful Wellness store format since 2012.

April 7, 2017

Fred’s has pledged to buy up to 1,200 stores should the Walgreens Boots Alliance-Rite Aid merger be approved the FTC.

April 5, 2017

In the coming weeks, Walgreens may certify compliance to accelerate the decision on the Rite Aid deal, the company's CEO reported.

April 5, 2017

Walgreens Boots Alliance's retail pharmacy USA division realized second-quarter sales of $21.8 billion, an increase of 1.5% over the year-ago quarter.

April 4, 2017

Amanda Bourque, a Rite Aid pharmacy technician from Coventry, R.I., and JoAnn Lankford, a Rite Aid customer from Providence Forge, Va., were selected at random from more than 13,000 unique entries.

March 31, 2017

Walgreens Boots Alliance is reportedly setting a deadline on its $9.7 billion proposed merger with Rite Aid through a declaration of “certified compliance” with Federal Trade Commission.

March 20, 2017

Since becoming a partner in 1994, Rite Aid has raised nearly $81 million, including $6 million in 2016, for Children's Miracle Network Hospitals.

March 15, 2017

MMR vaccinations are available upon request at Rite Aid pharmacies in 28 states and the District of Columbia, subject to state regulations, during pharmacy hours. No appointment is necessary.

March 14, 2017

Fred’s could purchase additional stores, distribution centers, software and personnel, according to a news report.

March 10, 2017

Albertsons, Rite Aid, CVS, Walgreens and Walmart all saw significant rises in year-over-year satisfaction, with all advancing at least 3% year over year, according to the American Customer Satisfaction Index.

March 8, 2017
Wall Street investors have faith that the Federal Trade Commission will approve Walgreens Boots Alliance’s proposed acquisition of Rite Aid — and that’s having a positive influence on Walgreens’ stock, according to Crain’s Chicago Business. WBA’s shares have been up 6% this year and up 19% over March 2016, which Morningstar analyst Vishnu Lekraj says is due to “investor optimism that they’re going to be able to close the Rite Aid transaction.” (Crain’s Chicago Business)
 
March 7, 2017

Walgreens reportedly is weighing whether or not to declare that its FTC application has "certified compliance," which would force the Federal Trade Commission to vote on its proposed acquisition of Rite Aid quickly.

March 6, 2017

DSN examines chain pharmacy, including in-depth coverage of the specialty market, in this multi-page report.