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Rite Aid continues to follow CDC guidance to ensure safety of customers and associates With COVID-19 cases rising and the Centers for Disease Control and Prevention (CDC) urging widespread adoption of face coverings, Rite Aid will require customers to wear face coverings in all locatio...
161 Additional Self-Swab Testing Sites Include Expansion to West Coast Rite Aid (NYSE: RAD) will continue to expand its COVID-19 testing capacity with the addition of 161 drive-through testing locations opening on July 16 in partnership with the U.S. Department of Health and Human Serv...
We have been writing about Celsius Holdings, Inc. (CELH) on Seeking Alpha, since 2014 when the stock was selling for a mere $0.34 cents. At that time, Celsius Holdings, Inc. was a very small micro-cap company with a total market capitalization of only around $7 million. Micro-cap investi...
Drug store stocks like Walgreens (WBA), CVS (CVS), and Rite Aid (RAD) are facing competition from companies like Costco (COST), Walmart (WMT), and Amazon (AMZN) who are looking to increase their share of the pharmacy business. Over the last couple of decades, national, drugstore chains hav...
Is the stock market a huge bubble right now? That question has been on a lot of investors' minds. The recovery in equities this spring took a lot of investors by surprise, but it may have been justified: Data suggested the economy could come back to life, the federal government had stepped in t...
Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced the early results of its previously announced exchange offer (the “Exchange Offer”) to Eligible Holders (as defined below) of its outstanding 6.125% Senior Notes due 2023 (...
Walgreens (NASDAQ: WBA ) announces that it plans to establish primary care clinics in as many as 700 U.S. stores over the "next few years." More news on: Walgreens Boots Alliance, Inc., CVS Health Corporation, Rite Aid Corporation, Healthcare stocks news, Consumer stocks news, Stocks on ...
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"It is easy to get a thousand prescriptions, but hard to get one single remedy." - Anonymous Rite Aid Corporation ( RAD ) operates in an intensely competitive space that is likely to get monopolized by the likes of Amazon (AMZN) and Walmart (WMT). RAD also has substantial debt on its books...
Rite Aid customer donations support critical treatments and healthcare services during time of tremendous need for Children’s Miracle Network Hospitals As the COVID-19 pandemic creates extraordinary need across the country, Rite Aid customers can support the life-saving work of ...
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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...