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Rite Aid Q2 results accompanied by governance changes
As the company reported $5.4 billion in revenue — though still swung to a loss of $325.5 million — it also nominated three independent directors to its board and separated the roles of chairman and CEO, naming Bruce Bodaken chairman, effective Oct. 30. -
Rite Aid Foundation awards $2M to Folds of Honor scholarship
The Rite Aid Foundation announced that 422 students were selected as recipients of the 2018 Folds of Honor educational scholarship through its KidCents program.