April 30, 2015

Gaining market share and geographic coverage are top priorities driving dealsRetail continues to rally for deals in 2015, and the sector could be on the cusp of another major year for mergers and acquisitions. Already this year, we’ve seen speculation about a number of potentially massive deals — from a possible buyout of Rite Aid by Walgreens Boots Alliance to the proposed merger between Staples and Office Depot. Looking across the industry, as part of BDO’s annual Retail Compass Survey of CFOs, we asked chief financial officers at leading U.S.

April 30, 2015

Same-store sales increased 3% in April 2015, compared to the same month a year earlier.

April 27, 2015

The National Association of Chain Drug Stores announced during its Annual Meeting, the election of new officers, four new executive committee members and five new board of directors member for the coming year.
 

April 20, 2015

Steve Rempel, who spent 35 years in a variety of executive positions at Safeway, has been named Rite Aid’s senior VP and CIO.

April 20, 2015

Steve Rempel, who spent 35 years in a variety of executive positions at Safeway, has been named Rite Aid’s senior VP and CIO.

April 8, 2015

Rite Aid Corp. beat Wall Street expectations with soaring profit in the fourth quarter of fiscal 2014.

April 2, 2015

Rite Aid’s positive momentum continued in March, with the drugstore chain reporting a 4.3% increase in March overall same-store sales.

April 2, 2015

Rite Aid’s positive momentum continued in March, with the drugstore chain reporting a 4.3% increase in March overall same-store sales.

March 10, 2015

For the first time in five years, Rite Aid on Tuesday celebrated a grand opening of a store built from the ground-up.

March 10, 2015

For the first time in five years, Rite Aid on Tuesday celebrated a grand opening of a store built from the ground-up.

February 18, 2015

Customer satisfaction with retail is down for the first time in four years.

February 12, 2015

GNC Holdings Inc. is looking to 2015 as a year of expansion. The retailer plans to open 125 total net new domestic (including both company-owned and franchised stores) and retail segment locations, approximately 150 net new international franchise locations, and approximately 30 net new GNC-Rite Aid store-within-a-store locations.

February 11, 2015

Rite Aid is set to acquire the leading independent pharmacy benefit manager Envision Pharmaceutical in a deal valued at $2 billion, the retailer announced Wednesday.

February 11, 2015

Rite Aid is set to acquire the leading independent pharmacy benefit manager Envision Pharmaceutical in a deal valued at $2 billion, the retailer announced Wednesday.

February 10, 2015

CVS Health delivered a strong financial performance in 2014, including a solid fourth quarter, capping off a milestone year that will go down in history as the year it exited the tobacco category and rebranded the company.

January 29, 2015

Same-store sales rose 4.8% in January 2015 compared to the same month a year earlier at Rite Aid Corp.

January 28, 2015

Rite Aid Corp. announced plans to build its first new distribution center in 15 years, a 900,000-sq.-ft. facility in Spartanburg, South Carolina.

January 26, 2015

Rite Aid Corporation announced t that Ray Payne, currently VP, real estate west coast, has been promoted to group VP, real estate.

January 22, 2015

Sears Holdings has a new leader for its Kmart pharmacy division. The company announced that it has hired Phil Keough as senior VP and president, pharmacy.

January 14, 2015

Rite Aid Corp. has increased its borrowing capacity to $3 billion as part of a refinancing of an 8% senior secured notes that are now due in January 2020.

January 14, 2015

Rite Aid Corp. has increased its borrowing capacity to $3 billion as part of a refinancing of an 8% senior secured notes that are now due in January 2020.

January 8, 2015

Rite Aid Corp. has promoted Jocelyn Zazyczny Konrad, currently VP, healthcare initiatives, to group VP, pharmacy initiatives and clinical services.

January 8, 2015

Rite Aid Corp. has promoted Jocelyn Zazyczny Konrad, currently VP, healthcare initiatives, to group VP, pharmacy initiatives and clinical services.

January 5, 2015

Rite Aid said that its same store sales for the week ended December 27, 2014, increased 5.3% over the prior-year period.