RAD News and Press, Rite Aid Corporation From 06/13/22

Tender offers will reduce outstanding debt and interest expense while maintaining strong liquidity Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) announced today the commencement of a series of tender offers to purchase for cas...

From December 2020 through May 2022, more than 82M COVID-19 doses were discarded, NBC News reported, based on data from the CDC. CVS Health (NYSE:CVS) (11.5M) and Walmart (NYSE:WMT) (10M) accounted for more than 25% of that amount. Walgreens (WBA) threw away 8.3M doses. CDC data also showed t...

Deutsche Bank doubled its price target on Rite Aid (NYSE:RAD) on Friday, arguing that the drug retailer’s Pharmacy Benefits Manager (PBM) unit, Elixir, could be valued more than it previously thought. The remarks follow an agreement announced by Centene (CNC) in May to divest two of it...

Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2023 First Quarter, which ended May 28, 2022, on Thursday, June 23, 2022. The company will hold an analyst call at 8:30 a.m. Eastern Time with remarks by Rite Aid's management team. The cal...

RITE AID AND HOMEWARD PARTNER TO SUPPORT SENIORS IN UNDERSERVED COMMUNITIES PR Newswire Partnership to Increase Access to Comprehensive Care for Americans Living in Rural Areas SAN FRANCISCO , May 31, 2022 /PRNewswire/ -- Today, Homeward, a co...

Appointments can be made online and walk-in appointments are available Rite Aid (NYSE: RAD) today announced it will begin administering a booster dose of Pfizer’s COVID-19 vaccine at select locations for eligible children ages 5 to 11, following approval by the Center...

CVS Health (NYSE:CVS) recorded a topline and bottom line beat for the first quarter of 2022 on Wednesday and raised the full year earnings guidance while its contribution to battle the pandemic appeared to be on the wane. In 1Q 2022, the company performed over six million COVID-19 tests and a...

Block's (NYSE:SQ) Afterpay and drugstore chain Rite Aid (RAD) will offer online shoppers a "Buy Now, Pay Later" option for purchasing everyday items, with plans to offer the financing at stores later this year, the companies said Tuesday. Customers will be able to spread out payments over fou...

Rite Aid becomes the first national drugstore chain to offer Afterpay’s flexible payment solution to shop online and pay later for household necessities from health and beauty to baby care and grocery Afterpay , the leader in "Buy Now, Pay Later" (BNPL) payments, ...

Walgreens is committed to selling its U.K. Boots pharmacy in 2022. Cash proceeds from the sale could pay down debt and/or be used to accelerate the U.S. store makeover effort into a higher-margin health and wellness business. Wall Street remains skeptical of a turnaround in retail...