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

Rite Aid Foundation supports fire relief efforts

The Rite Aid Foundation has donated $250,000 to the American Red Cross to support the organization’s efforts to provide food, water and shelter to evacuees. 

Rite Aid beats expectations in Q2

With revenue of $5.98 billion and a significantly narrowed net loss compared with the prior year's second quarter, Rite Aid posted solid fiscal Q2 results driven by strong growth in retail pharmacy and pharmacy services.

The new sites in eight states bring the retailer’s total sites — which offer free testing in partnership with the Department of Health and Human Services — to 303. 

Bari Harlam brings to the board experience in marketing and consumer understanding, having served most recently as chief marketing officer of Hudson’s Bay. 

The chain is encouraging all age groups to get flu shots as soon as possible to bolster their immune systems and minimize the number of flu hospitalizations this year as the COVID-19 pandemic continues. 

Rite Aid has appointed Roxanne Schwans senior vice president of market access and pharmacy purchasing, and named Chris Bohrer senior vice president of payer and strategic initiatives.

Paul Gilbert has been named general counsel and corporate secretary, making permanent the roles he had been serving in on an interim basis since May 21.

The new openings will bring Rite Aid’s total COVID-19 testing footprint to 264 locations in 15 states, with the capacity to collectively carry out more than 96,000 tests per week.

Rite Aid said that it would not be asking its employees to enforce the mask requirement, but that in-store signge and announcements would be in place to remind customers of the requirement. 

With the new testing sites, which more than doubled its testing capabilities, Rite Aid now operates 258 total sites that can conduct a total of 94,000 weekly tests. 

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

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.

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. 

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. 

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