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Rite Aid (NYSE: RAD) is responding to the SARS-CoV-2 coronavirus pandemic by expanding its workforce and raising employees' wages. In a press release issued Monday, the pharmacy chain said that, effective immediately, it is planning to hire 5,000 new associates for full- and part-tim...
Multi-faceted philanthropic package to support wide range of organizations and needs The Rite Aid Foundation on Tuesday announced a $5 million philanthropic package to support the nation’s healthcare providers and first responders; to support children, families and communities i...
DeCamara brings more than 25 years of philanthropic and corporate experience to Rite Aid The Rite Aid Foundation announced Matthew DeCamara as its new executive director today, bringing aboard a proven and motivated philanthropic leader with a deep passion for supporting and empowering...
Rite Aid ( RAD -0.7% ) says it plans to hire 5K associates for full and part-time roles to support store and distribution center operations. More news on: Rite Aid Corporation, Consumer stocks news, Healthcare stocks news, Read more ...
Hero Program established for field employees Today, Rite Aid (NYSE: RAD) announced expanded actions the company is taking in response to the COVID-19 pandemic. Beginning immediately, Rite Aid plans to hire 5,000 associates for full and part-time roles across the country to support stor...
Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2020 Fourth Quarter, which ended February 29, 2020, on Thursday, April 16, 2020. The company will hold an analyst call at 8:30 a.m. Eastern Time with remarks by Rite Aid's management team. The ca...
Shares of Walgreens Boots Alliance (NASDAQ: WBA) , CVS Health (NYSE: CVS) , and Rite Aid (NYSE: RAD) all tumbled on Thursday. Each of these companies' stocks was down at least 7% in early-morning trading. As of 12:40 p.m. EDT, their stocks were down 7%, 4%, and 13%, resp...
via Bertha Coombs at CNBC More news on: Walgreens Boots Alliance, Inc., CVS Health Corporation, Rite Aid Corporation, Consumer stocks news, Healthcare stocks news, Stocks on the move, Read more ...
The government's $2 trillion emergency relief package caused shares to skyrocket this week; however, the helicopter-Ben style package may inadequately address mid-term economic instability. If so, then this week's rapid run-up could be a short-term sugar high that wears off in April once disma...
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...
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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...