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RITE AID

  • Rite Aid comps increase in October

    CAMP HILL, Pa. — Rite Aid's same-store sales increased by 2.1% this month compared with October 2012, the retail pharmacy chain said Thursday, also issuing an estimate of the negative effects of Hurricane Sandy on its sales.

  • CNBC's Cramer still says 'boo-yah' for Rite Aid

    NEW YORK — Jim Cramer, host of CNBC's "Mad Money," is still bullish on Rite Aid.

    In a segment of "Mad Money Lightning Round" Monday evening, Cramer said of Rite Aid's stock, "I want you to stick with it. They're making a big comeback."

    Indeed, the Camp Hill, Pa.-based retail pharmacy chain's stock has been shooting up lately, trading at about $5.26 per share at midday Wednesday after opening at $5.20.

     

  • 'Road to Healthy Skin' tour wraps up sixth year of free skin cancer screenings

    NEW YORK — The Skin Cancer Foundation’s annual Road to Healthy Skin Tour, presented by Rite Aid, has wrapped up its sixth cross-country journey, bringing free skin cancer screenings and prevention information to communities across America.

    During this year’s tour, volunteer dermatologists detected 788 suspected pre-cancers and cancers, including 29 suspected melanomas.

  • CVS/pharmacy’s path to personalization

    Fifteen years of ExtraCare data is influencing everything from how the company builds stores to how it communicates with customers.

  • Jean Coutu Group profits soar in Q2

    LONGUEUIL, Quebec — The Jean Coutu Group reported sales of C$653.8 million in second quarter 2014, compared with C$658.7 million in second quarter 2013.

  • Rite Aid, Intesource renew e-sourcing partnership

    PHOENIX — Rite Aid is renewing its contract with e-sourcing firm Intesource, the Phoenix-based e-sourcing company said Tuesday.

    Rite Aid's contract with Intesource dates back to 2009, and the Camp Hill, Pa.-based chain has used it to tackle complex and strategic categories, ranging from print advertising to snow plowing services. E-sourcing refers to using an online portal to attract bids from suppliers of products and services.

  • Retail pharmacy can 'strut its stuff' as ACA, insurance exchange information source

    The National Association of Chain Drug Stores is taking to the airwaves to emphasize the role its members play in disseminating information about the Patient Protection and Affordable Care Act and the health insurance exchanges, which officially opened on Tuesday. NACDS president and CEO Steve Anderson appeared on Bloomberg TV's "Surveillance" Tuesday morning to talk about what pharmacies are doing for healthcare delivery.

  • Green Equity Investors exchanges nearly 1.9 million shares of Rite Aid preferred stock for common stock

    CAMP HILL, Pa. – A private equity firm that is a major Rite Aid shareholder has exchanged its preferred stocks for common stock, according to a regulatory filing.

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