- June 29, 2023
During its fiscal first quarter, Rite Aid reported a boost in pharmacy sales, attributed to the introduction of a new category of drugs.
Pharmacy sales rose 3.4% year over year, fueled ...
- March 20, 2023
Amazon has added another retailer to its stable of home-delivery partners.
The eCommerce giant has teamed up with pharmacy chain Rite Aid to offer two-hour delivery to Amazon Prime members in ...
- January 9, 2023
Rite Aid has appointed an interim CEO as the company deals with a “dynamic environment.”
Elizabeth “Busy” Burr, a member of the company’s board of directors, takes on the role effective immediately ...
- April 14, 2022
Today in retail, Affirm teams up with Poshmark on flexible payments program for shoppers. Plus, digital rewards increase brand loyalty, and Rent the Runway is ready to respond to an ...
- April 14, 2022
Rite Aid reported a strong close to the 2022 fourth quarter and full year, while also eyeing an outlook in 2023 that leads to the shuttering of 145 stores that ...
- April 8, 2022
In a land of giants, where the corner pharmacy of yore is all but extinct, the fate of Rite Aid hangs in the balance, and perhaps the future of drugstores ...
- December 21, 2021
Rite Aid Corporation shares were up almost 20% early on Tuesday (Dec. 21) after the company announced it has kicked off a plan to close at least 63 stores across ...
- September 24, 2021
Rite Aid on Friday (Sept. 24) broadened its partnership with Uber Technologies, Inc., and is now offering delivery of healthcare items, groceries and Rite Aid products through the Uber Eats ...
- September 24, 2021
Rite Aid points to pharmacists as one key in its recent growth. Plus, Walmart+ marks its first anniversary with low-key acknowledgement, and Honest’s soft sales are causing problems in a ...
- September 23, 2021
Rite Aid is pointing to pharmaceuticals and its pharmacists as the key to growing and transforming its business, though bigger competitors whose strategies are more developed may put some speed ...
- June 24, 2021
In today’s top retail news, Rite Aid posted rising revenues from continuing operations, while GOAT wrapped up a $195 million Series F funding round and achieved a of $3.7 billion ...
- June 24, 2021
Rite Aid, which has more than 2,500 retail pharmacy locations throughout 17 states, reported that revenues from continuing operations climbed by 2.2 percent to $6.16 billion.
For the three months ending May ...
- May 12, 2021
In today’s top news, eBay will offer loans to U.K. small- to medium-sized businesses (SMBs), and Rite Aid will offer same-day delivery through DoorDash. Plus, Revolut has added an array ...
- May 11, 2021
Delivery platform DoorDash is teaming up with convenience pharmaceutical company Rite Aid for delivery of everyday needs in as little as two hours, according to a Tuesday (May 11) press release.
“Amidst ...
- April 15, 2021
The pandemic is a two-sided coin for the pharmacy and drug store category. Consumers needed more preventative health products, but they also took better care of themselves. Both added up ...
- March 25, 2021
In today’s top retail news, Kohl’s is bringing Cole Haan to 200 stores and its eCommerce website, while Shoe Carnival posted a 5.8 percent rise in net sales for the ...
- March 25, 2021
Shares of Rite Aid tumbled almost 20 percent on Thursday (March 25) after the pharmacy chain said that a nearly 40 percent decline in its high-margin cough, cold and flu ...
- January 22, 2021
In a bid to vaccine thousands of individuals, Amazon will bring a “pop-up” inoculation location to Seattle during the weekend, the New York Post reported.
A representative for Washington Governor Jay ...
- December 17, 2020
In today’s top retail news, StockX has landed $275 million in a Series E funding round, while Rite Aid Corporation reported as part of its fiscal 2021 third quarter results ...
- November 17, 2020
Amazon is doubling down on its digital pharmacy service with a new benefit for Prime members announced on Tuesday (Nov. 17): two-day delivery of their prescriptions. The new Prime benefit ...
- November 9, 2020
Rite Aid, locked in a battle for U.S. market share with CVS and Walgreens, unveiled its rebranding Monday (Nov. 9) along with a new vision for its in-store and digital-first ...
- June 28, 2019
Online retailers are teaming up with brick-and-mortar merchants to make it easier for consumers to retrieve their eCommerce purchases — and potentially generate foot traffic for physical stores in the ...
- June 27, 2019
To provide another option for customers to receive their orders, Amazon has added an option for consumers to walk into a store and pick up a package. The new Counter ...
- April 11, 2019
Rite Aid said it will no longer sell electronic cigarettes amid what it calls an “epidemic” of teen vaping, and that it will start selling cannabidiol (CBD) products in Washington ...
- April 2, 2019
Amid a competitive landscape that is intensifying along with margin pressures, drugstore chain Walgreens Boots Alliance Inc. missed earnings estimates for the fiscal second quarter that ended Feb. 28.
Investors fled ...
- February 25, 2019
It’s easy to mistake the trappings of success for stability. Beautiful office buildings, favorable earnings reports, an international presence and a growing global team not only convey the look and feel of success, but the ...
- August 10, 2018
Brick-and-mortar retailers have sought to reduce their retail footprint in hard times, and Mattress Firm, Inc. is no exception. The brand could close between 600 to 1,000 of its 3,000 locations ...
- August 9, 2018
Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes the collapse of the Albertsons merger with Rite Aid, Walmart ...
- August 9, 2018
It seems that the anticipated deal between Rite Aid and Albertsons — which would have seen the pharmacy and grocery chains merge — has been called off. According to the New ...
- June 28, 2018
Walgreens Boots Alliance Inc.’s latest earnings results came in above the Street on Thursday (June 28), boosted by the buyout of several Rite Aid stores.
The firm reported adjusted earnings of ...
- April 9, 2018
Due to its deal to merge with Rite Aid, Albertsons is withdrawing its plan for an initial public offering (IPO).
The grocer said its IPO registration statement had not been declared ...
- April 4, 2018
Though a combined Albertsons and Rite Aid could provide both companies with cost savings and sales benefits, the integration may not come easy. Moody’s said that the benefits of a ...
- February 28, 2018
The takeover that wasn’t meant to be sent shares in Walgreens and AmerisourceBergen down Tuesday.
As reported, talks that Walgreens Boots Alliance (WBA) would buy AmerisourceBergen (ABC) have collapsed, as earlier ...
- February 23, 2018
Sizzle Of the Week: Grocery Customers
It’s a good week to be a grocery shopper in America – because, after all, who doesn’t like being pursued?
The grocery business in America is ...
- February 21, 2018
Albertsons announced it is buying drug store chain Rite Aid so both companies can better compete with larger pharmacy chains and the looming threat of Amazon.
According to news from Reuters, the ...
- January 5, 2018
In response to weak sales at Walgreens Boots Alliance Inc., following the retailer’s decision to add nearly 2,000 Rite Aid locations to its store base, a Morningstar analyst is questioning ...
- December 5, 2017
Walgreens has introduced a rebranding strategy aimed at showcasing the company’s history, as well as boosting its efforts to target a younger demographic – especially millennial and Gen X females.
According ...
- October 26, 2017
In the aftermath of its purchase of 1,932 stores from Rite Aid, Walgreens has announced news that it will be closing down 600 stores.
The store closings will be rolling across the ...
- July 11, 2017
Getting cash out of an ATM can sometimes be a pain when people are not near one that’s associated with their bank.
Surcharge fees can pile up and sometimes dissuade people ...
- June 13, 2017
Walgreens Boots Alliance’s acquisition of Rite Aid may be in jeopardy — and the news caused the latter’s shares to fall sharply on Friday, according to Reuters.
Chain Store Age reported ...
