Sponsored by
Latest
Topics
Topics
Accounting & Tax
Corporate Finance
Human Capital
Risk & Compliance
Strategy
Technology
Featured
Human Capital & Careers
Salary Transparency’s Impact On the Future of Labor
With salary ranges being required in more areas, how can executives use these new laws to better their hiring practices?
By
Adam Zaki
| February 3, 2023
Read More
Resources
CFO Live
2022 Survey
Sign Up
Menu
Topics
Accounting & Tax
Corporate Finance
Human Capital
Risk & Compliance
Strategy
Technology
Explore
Search
Latest
Resources
CFO Live
2022 Survey
Sign Up
Sponsored by
Rite Aid
Strategy
Rite Aid Execs Depart in Sweeping Restructuring
The company is slashing about 400 corporate positions, and its CEO, CFO, and COO will exit as part of a leadership revamp.
By
Lauren Muskett
| March 13, 2019
Read More
Strategy
Albertsons-Rite Aid Merger Called Off
Rite Aid shares fall amid questions about the pharmacy company's ability to compete with larger, well-capitalized rivals.
By
William Sprouse
| August 9, 2018
Read More
Strategy
Pharmacy Sales Prescribe Growth for Walgreens
The drugstore chain's pharmacy same-store sales rose 5.1% in Q2, offsetting a 2.7% drop in retail comparable sales.
By
Matthew Heller
| March 28, 2018
Read More
M&A
Amazon Looms Over Albertsons-Rite Aid Deal
The grocery store operator and the drugstore chain are combining to create a retailer with 4,350 pharmacy counters and $83 billion in annual revenue.
By
Matthew Heller
| February 20, 2018
Read More
Regulation
Walgreens Scraps Rite Aid Merger
Under a scaled-down deal, Walgreens would buy roughly half of Rite Aid’s stores.
By
William Sprouse
| June 29, 2017
Read More
Strategy
Walgreens to Pay $2 Billion Less for Rite Aid
The amended terms of the megamerger reflect the companies' efforts to obtain regulatory approval.
By
Matthew Heller
| January 30, 2017
Read More
Strategy
Rite Aid Misses Estimates, Comp Sales Drop
Prescription reimbursement rates "remain our largest challenge and we expect that to continue for the remainder of the fiscal year," the company says.
By
Matthew Heller
| December 24, 2016
Read More
Supply Chain
Rite Aid Swallows Tough Medicine in First Quarter
Drug reimbursement rate pressure leads to a $4.6 million net loss for the pharmacy chain.
By
Katie Kuehner-Hebert
| June 16, 2016
Read More
Human Capital & Careers
Rite Aid Posts 22% Revenue Increase
But the drugstore chain's same store-sales fell short of estimates in part due to the introduction of low-margin generic drugs.
By
Matthew Heller
| December 17, 2015
Read More
Strategy
Walgreens Buys Rite Aid for $9.4 Billion
The combination of two of the three largest U.S. drug store chains continues a wave of industry consolidation spurred by the Affordable Care Act.
By
Katie Kuehner-Hebert
| October 28, 2015
Read More
Strategy
CVS Jettisons a Cash Cow
The pharmacy chain isn't the first retailer to stop selling tobacco products, nor the first company to forgo a chunk of revenue.
By
Marielle Segarra
| February 7, 2014
Read More
M&A
Left at the Altar
Why some mergers just don't make it.
By
Linda Corman
| June 1, 1998
Read More