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RITE AID

News and information on merchandising and trends in retail pharmacies at Rite Aid.

Rite Aid's Q1 sees revenue growth fueled by front end

Revenue for the Camp Hill, Pa.-based retailer totaled $6.03 billion and its net loss totaled $72.7 million for the quarter ended May 30, down from the $99.3 million net loss it posted in Q1 of its previous fiscal year. 

A healthcare worker giving a test to a person in a car.

HHS extends COVID-19 testing partnership with retailers

The Department of Health and Human Services will extend its partnership with national pharmacy and grocery retail chains in order to provide Americans access to COVID-19 testing.

Rite Aid storefront.

Rite Aid customer donations during its annual Miracle Balloon fundraising campaign support treatments and healthcare services for Children’s Miracle Network Hospitals.

The report showcases its progress on environmental, social and governance efforts while highlighting its focus on the health and well-being of its customers, employees and communities served.

The company will be opening 21 additional drive-thru sites on June 11 via its partnership with the Department of Health and Human Services, bringing its total number of testing sites to 92. 

Rite Aid storefront.

Rite Aid will now operate 71 COVID-19 testing sites across 12 states, as it begins testing asymptomatic adults.

The company said that the two new Pennsylvania sites would open in York and Pittsburgh on April 16, joining existing self-testing sites in Philadelphia and Harrisburg. 

The retailer, through its partnership with the Department of Health and Human Services is opening new testing locations April 18 in Waldwick, N.J., and Valley Cottage, N.Y. 

Locations are opening April 22 in Delaware, Idaho, Michigan, New York, New Jersey, Ohio, Pennsylvania, and Virginia through Rite Aid’s partnership with the Department of Health and Human Services. 

A lot more people can now get a COVID-19 test at one of Rite Aid’s self-swabbing sites.

Rite Aid CEO outlined the steps the retailer it taking to foment its "RxEvolution" in an exclusive interview with Drug Store News.

For the full year, Rite Aid reported revenue of $21.9 billion, a 1.3% increase over fiscal 2019, and a net loss of $469.2 million, or $8.82 per share — an improvement over fiscal 2019 when it posted a loss per share of $12.62.

The testing site opened Monday following Rite Aid's joining of the White House COVID-19 Response Working Group.

New research from Coca-Cola is taking a look at what it takes to drive consumer trial, frequency and advocacy.

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