Rite Aid Corp.

Camp Hill, Pa. -- Rite Aid Corp. reported Thursday that it narrowed its loss in the quarter ended Aug. 27 to $94.7 million, from $199.3 million in the year earlier period.

Revenue rose 1.8% in the quarter to $6.3 billion, and same-store sales – as previously reported – increased 2.2%.

The drugstore retailer has modified its outlook, now expecting smaller losses for fiscal 2012 than originally anticipated.

Camp Hill, Pa. -- Franklin Brown, the former vice chairman at Rite Aid, was freed from jail on Wednesday, according to the Associated Press.

Brown, who was initially sentenced to 10 years in prison for taking part in a $1.6 billion accounting scandal, was released following a resentencing hearing. He served six years of his sentence. An appeals court overturned Brown's sentence in May, AP said.
 

Camp Hill, Pa. -- Rite Aid Corp. announced Monday it has named Susan Henderson as senior VP and chief communications officer to replace Karen Rugen, who retired last month.

Henderson previously worked for Chicago-based strategy execution and employment engagement firm Gagen MacDonald; before that, she was VP communications for Harley-Davidson. She has also worked for the Wm. Wrigley Jr. Co. in Chicago, Kohl's Department Stores and the Miller Brewing Co.
 

Camp Hill, Pa. -- Rite Aid Corp. has agreed to pay $2.1 million to Massachusetts towns to settle alleged prescription drug overcharges under the workers’ compensation insurance system.

Massachusetts Attorney General Martha Coakley said Wednesday that Rite Aid has overcharged state agencies and at least 100 cities and towns to fill prescriptions for people receiving workers' compensation since 2002.

NAPERVILLE, Ill. — OfficeMax announced that Steve Parsons has been appointed EVP and chief human resources officer, effective July 25.  In this position, Parsons will report to Ravi Saligram, president and CEO of OfficeMax, and will be responsible for all aspects of global human resources for the company, including talent management, compensation and benefits, training, leadership development, recruitment, diversity, and internal and corporate communications.

Naperville Ill. -- OfficeMax announced Thursday that Steve Parsons has been named executive VP and chief human resources officer for the office supply chain, effective July 25.

Parsons will report to Ravi Saligram, president and CEO, and will be responsible for all aspects of global human resources for the company, including talent management, compensation and benefits, training, leadership development, recruitment, diversity, and internal and corporate communications.

Most recently, Parsons was senior VP human resources at Rite Aid Corp.

Cincinnati -- Bartell Drugs has selected KSS Retail, a global supplier of price modeling, optimization, and customer insight solutions for the retail industry, as its provider for price modeling and optimization.

“We chose KSS Retail because we know Price Optimization will allow us to better understand what’s important to our shoppers, which will help us deliver the value they’ve come to expect.” said Ron Miller, senior VP merchandising at Bartell Drugs, which operates 58 stores in Washington State.

CAMP HILL, Pa. — Rite Aid announced Thursday changes in its human resources and operations departments.

The 4,700-store chain named Brian Fiala as EVP human resources and Robert Thompson as EVP store operations. Rite Aid also appointed Bill Romine as SVP of the chain’s western division.

Fiala had previously served as EVP store operations, having joined the company in 2007 after working for 24 years at Target. He replaces Steve Parsons, who is leaving the company to take another position, and will report to president and CEO John Standley.

Camp Hill, Pa. -- Rite Aid Corp. said Thursday that it has shifted executive VP store operations Brian Fiala to the position of executive VP human resources, responsible for all aspects of human resources, including training, recruitment, talent management, compensation and benefits and labor relations. He will report to John Standley, Rite Aid president and CEO.

Fiala succeeds Steve Parsons, who is leaving Rite Aid to take another position.

CAMP HILL, Pa. — Same-store sales at Rite Aid increased by 1.8% in June, the retail pharmacy chain said Thursday.

During the four-week period ended June 25, front-end sales were up 1.5% over the same period last year, while pharmacy sales increased by 1.9%, including a reduction of about 163 basis points due to new introductions of generic drugs.

Total drug store sales for the month increased 1% to $1.93 billion, compared with $1.91 billion in June 2010.