Rite Aid Corp.

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.

Camp Hill, Pa. -- On the heels of its report that it narrowed its loss in the fiscal first quarter to $65.5 million, Rite Aid Corp. said it plans to remodel 500 stores by the end of its fiscal year. It will also close 50 more locations, which would give it a total of about 4,650 stores.
 

Camp Hill, Pa. -- Rite Aid Corp. surprised Wall Street on Thursday by paring its losses more than expected in the drug store retailer’s fiscal first quarter.

Rite Aid reported that it lost $65.5 million in the quarter ended May 28, compared with a loss of $76 million in the year-ago period. The retailer cited cost tightening and same-store sales gains for the improved performance.

Revenue was flat at $6.39 billion, the second straight quarter the company's revenue held steady. Before that, revenue fell for 10 consecutive quarters.

CAMP HILL, Pa. — Sales may have been flat overall, but a closer look revealed there was a lot to be positive about in Rite Aid’s fiscal first quarter 2012 earnings, as the company managed significant expense improvement and stronger same-store sales growth. Bottom line: Rite Aid narrowed its losses considerably, and that ain’t all expense control.

CAMP HILL, Pa. — Same-store sales at Rite Aid increased by 1.3% in May, compared with the year-ago period, the retail pharmacy chain said Thursday.

Reporting sales for the five-week period that ended May 28, Rite Aid said front-end same-store sales increased 1.8%, while same-store sales in the pharmacy increased by 1%, including a 129-basis point offset due to introductions of new generic drugs. Prescription count increased 0.1%.

Total drug store sales during the period were nearly $2.5 billion, a 1% increase over $2.45 billion in May 2010.

Camp Hill, Pa. -- Three Rite Aid stores have been awarded Energy Star certification for superior energy performance by the U.S. Environmental Protection Agency (EPA). The EPA awards the Energy Star certification to buildings that rank in the top 25% of similar buildings nationwide in terms of energy efficiency and meet strict energy efficiency performance levels set by the EPA.

CAMP HILL, Pa. — Three Rite Aid stores in New England have received Energy Star certification from the Environmental Protection Agency, the retail pharmacy chain said Monday.

SCOTTSDALE, Ariz. — On the final evening of the National Association of Chain Drug Stores Annual Meeting in Scottsdale, the association for the first time honored two individuals in the same year with the Sheldon W. Fantle Lifetime Achievement Award: Mary Sammons, chairman of Rite Aid, and Tom Ryan, chairman of CVS Caremark.