Rite Aid Corp.

Rite Aid modestly increased its full year sales forecast following the release of third quarter results and said it will aggressively expand its “Wellness” format as it looks to drive greater growth in 2014.

Camp Hill, Pa. – The Rite Aid board of directors has elected Kevin E. Lofton, president and CEO of Catholic Health Initiatives (CHI), to the Rite Aid board. CHI is a national health system, based in Englewood, Colo.

Rochester, N.Y. -- Kodak Alaris today unveiled the Kodak Photo Service, which opens the company's worldwide installed base of Kodak picture kiosks and printers to content providers, creating new revenue streams for both them and retailers.

Charlotte, N.C. — Rite Aid Corporation has selected AMTdirect’s real estate software solution to manage its portfolio of more than 5,800 locations. AMTdirect’s integrated platform will help Rite Aid define and implement its real estate strategy by consolidating data, streamlining key business processes and informing decision-makers at all levels.

Camp Hill, Pa. -- Rite Aid Corp. reported that it swung to  profit in the second-quarter profit, fueled by increased sales and stronger margins. The drugstore chain raised its full-year forecast.

Rite Aid reported a profit of $32.8 million for the quarter ended Aug. 31, compared with a year-earlier loss of $38.8 million. It was the chain’s fourth-straight quarterly profit.

Sales for the quarter were $6.3 billion, up from $6.2 billion in the year ago period. Same-store sales were up by 1%,

Camp Hill, Pa. -- Rite Aid Corp. saw same-store sales edge up 1.1% in August, hurt by a 1.7% front-end same-store sales drop. Pharmacy comps rose 2.5%.

For the quarter, total sales edged up 0.7% to $6.25 billion, and same-store sales rose 1%.

Camp Hill, Pa. – Rite Aid Corp. has promoted Tammy Royer, a long-time member of Rite Aid’s pharmacy division, to group VP of managed care. In her new role, Royer will oversee all aspects of managed care, including contracting, maintaining relationships with managed care organizations, pharmacy benefit managers and third-party payers and developing new strategic partnerships.

CAMP HILL, Pa. — Rite Aid has promoted Tammy Royer to group VP of managed care. Royer will report to Chris Hall, SVP of pharmacy services.

Royer most recently worked in the company's pharmacy division. In her new role, she will oversee all aspects of managed care, including contracting, maintaining relationships with managed-care organizations, pharmacy benefit managers and third-party payers and developing new strategic partnerships.

CAMP HILL, Pa. — Rite Aid has promoted Tammy Royer to group VP of managed care. Royer will report to Chris Hall, SVP of pharmacy services.

Royer most recently worked in the company's pharmacy division. In her new role, she will oversee all aspects of managed care, including contracting, maintaining relationships with managed-care organizations, pharmacy benefit managers and third-party payers and developing new strategic partnerships.

New York -- A group of 11 large U.S. retailers that report same-store sales results each month had a generally strong showing in July. However, Thomson Reuters analysis indicates significant discounting helped drive an overall 4.4% increase, more than double the 1.4% same-store sales rise recorded in July of last year.