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While Rite Aid's ( RAD ) latest turnaround strategy was a step in the right direction, I would caution investors against turning bullish pending solid, demonstrated progress towards the new strategic vision. In addition, persistent industry challenges, for instance, reimbursement rate pressu...
Adding to the list of companies that are offering products/services during the coronavirus pandemic are: More news on: Rite Aid Corporation, Eli Lilly and Company, Healthcare stocks news, Consumer stocks news, Read more ...
Rite Aid to Pilot COVID-19 Testing at Philadelphia Location Today, Rite Aid (NYSE: RAD) announced it has joined the White House COVID-19 Response Working Group. Rite Aid’s mission is to keep the communities it serves healthy and beginning Monday, March 23, the company is pilotin...
With hand sanitizer flying off the shelves faster than it can be stocked at CVS Health (NYSE: CVS) , Walgreens (NASDAQ: WBA) , Rite Aid (NYSE: RAD) , and other retailers, the Food and Drug Administration is relaxing its policies on how the gels get produced. During the COVID-19 pand...
The following slide deck was published by Rite Aid Corporation in conjunction with this Read more ...
In this episode of Industry Focus: Consumer Goods , Motley Fool analyst Emily Flippen and Motley Fool contributor Dan Kline take a look at what's happening with retail. Which companies/sectors are going to be impacted the most by the pandemic? What are some crazy valuations? What can you...
The COVID-19 pandemic continued to weigh on investors' minds on Wednesday, and the stock market took another big hit. The Dow Jones Industrial Average fell below the 20,000 mark for the first time since 2017, and the S&P 500 and Nasdaq Composite followed suit with losses of around...
Citing the need for enough time to clean and sanitize stores and restock shelves during the coronavirus outbreak, Walgreens ( WBA +4.8% ) will reduce in-store operating hours to 9 am - 9 pm during weekdays and over weekends until further notice (weekend pharmacy hours will remain la...
Rite Aid (NYSE: RAD ) says it's instituting home-delivery service and will waive delivery-service fees for eligible prescriptions in reaction to the coronavirus outbreak. More news on: Rite Aid Corporation, Consumer stocks news, Stocks on the move, Read more ...
Company provides customers additional options for receiving prescriptions and other health and wellness products and services during coronavirus pandemic Today, Rite Aid (NYSE: RAD) announced it has taken several steps to support its employees, customers and the local communities the c...
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Secures Interim Approval to Access Up to $3.45 Billion in Debtor-in-Possession Financing Continues to Serve Customers and Deliver Healthcare Products and Services Across Retail and Online Platforms Rite Aid Corporation (OTC: RADCQ) (“Rite Aid” or the “Compan...
Stein Succeeds Elizabeth “Busy” Burr Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced that its Board of Directors has appointed Jeffrey S. Stein as Chief Executive Officer (CEO), Chief Restructuring Officer (CRO) an...
Reaches Agreement in Principle with Key Creditors on the Terms of Financial Restructuring Plan Initiates Voluntary Chapter 11 Process to Implement a Consensual Financial Restructuring That Will Significantly Reduce Debt and Enable Execution of Key Initiatives Receives Commitment f...