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Rite Aid Corp.

  • Changes in leadership at Rite Aid

    CAMP HILL, Pa. — Rite Aid has appointed Ken Martindale as president and COO. Martindale is currently SVP and COO, as well as president of the Rite Aid Foundation. John Standley will continue as chairman and CEO.

  • Rite Aid taps Provision Interactive for in-store 3D rewards centers

    Chatsworth, Calif. -- Provision Interactive Technologies has entered into a multi-year partnership with Rite Aid Corp. to install Provision’s 3D Reward Centers kiosks inside select Rite Aid stores. The kiosks will generate 3D holographic videos as well as exclusive wellness+ information and Rite Aid promotions.

  • Rite Aid celebrates conversion of Buffalo stores to its Wellness format

    Buffalo, N.Y. -- Buffalo, the second largest city in New York, has become the first market in which a majority of Rite Aid's stores have been converted to the Wellness format, the retail pharmacy chain announced Wednesday.

  • Supervalu adds to board

    Minneapolis — Supervalu has elected Rite Aid chairman, president and CEO John Standley and Cerberus COO and general counsel Mark A. Neporent to its board of directors.


    Standley has spent the past 20 years in executive leadership roles in the grocery and pharmacy retail business. He became Rite Aid Corporation’s president and COO in September 2008, was appointed to the Rite Aid board of directors in 2009 and was named CEO in June 2010. He was elected chairman of Rite Aid’s board of directors in June 2012.

  • Rite Aid improves, redesigns website

    Camp Hill, Pa. -- Rite Aid Corp. said Monday it has redesigned Riteaid.com to a more personalized and engaging version.

    Rite Aid worked with digital and healthcare communications firm Razorfish Healthware on the project.

    “Today’s customer expects more from their online experience than ever before, so it’s critical that our website not only meets but exceeds their expectations,” said Ken Martindale, COO, Rite Aid.

  • Amazon, Walmart 'lock' up e-commerce deals

    NEW YORK — Walmart's e-commerce division is following Amazon's lead by starting programs to allow customers to order items online and then pick them up from lockers stationed at brick-and-mortar retailers.

    Amazon has been running such a program for a couple of years in a few major cities, including installing the lockers at Rite Aid stores in cities like New York. The lockers allow customers to select a locker location for delivery and then retrieve ordered items automatically using a six-digit code.

  • Rite Aid comps down in March

    CAMP HILL, Pa. — Same-store sales at Rite Aid decreased 2% in March, including a 3.8% increase in same-store sales on the front end and a 4.5% decrease in pharmacy sales.

    The 4,621-store chain reported total sales for the month of $1.939 billion, a 2.5% decrease compared with $1.989 billion in March 2012, while same-store prescription count increased 0.3%.

    The company said that of the 3.8% increase in front-end same-store sales, 3% came from a shift in timing of Easter, which fell on March 31, as opposed to April 8 last year.

  • Rite Aid to present N.J. first lady with nearly $280,000 in hurricane-relief money

    CAMP HILL, Pa. — New Jersey first lady and chairwoman of the Hurricane Sandy New Jersey Relief Fund Mary Pat Christie will visit a Point Pleasant, N.J., Rite Aid store on Friday at 11:30 a.m. with Rite Aid executives to receive money for the fund, Rite Aid said Thursday.

  • Rite Aid same-store sales edge up in January

    Camp Hill, Pa. -- Rite Aid Corp. reported Thursday that same-store sales for the month of January edged up 0.3%, boosted by a 4.2% rise in front-end sales for the month along with increased prescription counts.

    Total sales for the four-week period decreased 0.5% to $1.914 billion.

     

  • Supervalu splits in half

    MINNEAPOLIS — In a move that will reunite all Albertsons stores under one operator, Supervalu on Thursday morning announced a definitive agreement under which it will sell 877 stores across the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market banners and related Osco and Sav-on in-store pharmacies to AB Acquisition, an affiliate of Cerberus Capital Management, in a transaction valued at $3.3 billion.

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