Driven by a reduction in COVID-19 vaccines and testing revenue, as well as store closures, Rite Aid’s retail pharmacy segment revenues decreased over the prior-year quarter.
Rite Aid announced that at select Rite Aid locations, including Rite Aid-owned Bartell Drugs, it will be providing Pfizer-BioNTech COVID-19 vaccines to children ages 3 years old and older once shipments arrive to select pharmacies later this week.
In response to the lingering COVID-19 pandemic, retailers, including Hy-Vee, Rite Aid, Kroger, Wegmans and H-E-B, are expanding COVID-19 vaccinations to adults and children, antiviral medications and COVID-19 tests.
Rite Aid customers who shop online will be able to pay for their purchases by using Afterpay to make four installments at no additional cost when paid on time.
Rite Aid Rewards, which will replace wellness+ Rewards, gives customers the opportunity to earn points through daily purchases, prescription pickups, personalized challenges and special members-only promotions.
Rite Aid Healthy Futures, formerly known as the Rite Aid Foundation, is relaunching with its $10 million Strengthening Cities initiative that supports healthier and more equitable neighborhoods.