Rite Aid

Mar 4, 2025
Empty shelves, locked-up products, long lines: Why chain drug stores are struggling
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They’re stuck in a downward spiral.
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Oct 16, 2023
Rite Aid’s bankruptcy reflects how much the corner drugstore has changed
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Corporate mergers and competition from supermarkets, discount clubs and online startups — among other forces — have altered how pharmacies need to do business.
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Jun 29, 2018
Amazon acquires PillPack as it muscles its way into the health care industry
Hear that thud? That’s the sound of Amazon getting into the retail pharmacy business. Today the online retail giant snatched up PillPack, an online pharmacy that presorts prescription drugs and delivers them to your door. Walgreens, Rite Aid and CVS all saw their stock prices take a dive in early trading on news of the […]
Mar 28, 2018
In the drugstore business, “location, location, location” is all about convenience
Walgreens may shutter hundreds of Rite Aid stores this spring. The drugstore giant bought more than 1,900 stores from its rival last fall. And Walgreen says it still plans to close about a third of them. So what benefits will the company get from that plan? Click the audio player above to hear the full […]
Feb 20, 2018
Grocery retailer Albertsons to buy drugstore chain Rite Aid
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Albertsons is plunging deeper into the pharmacy business.
Dec 23, 2016
Drugstores try to cure last-minute shopping angst
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Rite Aid is trying to fill more than the medicine aisles this season.
Oct 28, 2015
Walgreens buys Rite Aid as industry consolidates
The pharmacy industry thinks bigger is better to find cost savings.
Apr 14, 2014
Earnings’ fate when Easter’s late
Easter is almost a month later than last year… and so are sales.