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RITE AID

  • Former A&P executive joins Rite Aid

    CAMP HILL, Pa. — Rite Aid has appointed David Kelly as group VP construction, the retail pharmacy chain said Monday.

    Kelly, who has worked in real estate and development for more than 25 years, will start work May 31 and will have overall responsibility for all store planning and construction services, in addition to having a role in various segmentation initiatives, including Wellness, value and co-branded Save-A-Lot/Rite Aid stores. He will report directly to SVP, CFO and chief administrative officer Frank Vitrano.

  • John Baumer elected to Rite Aid's board

    CAMP HILL, Pa. — A partner with a private equity firm that purchased preferred stock from Rite Aid in 1999 has joined the retail pharmacy chain’s board.

    Rite Aid said Thursday that John Baumer, a partner with Leonard Green & Partners, had joined the board, replacing Jon Sokoloff, the firm’s managing partner, who has resigned from the board.

    Leonard Green & Partners is an affiliate of Green Equity Investors III, which said it will re-elect Baumer for a one-year term at Rite Aid’s annual stockholder’s meeting on June 23.

  • Credit Suisse bullish on GNC

    NEW YORK — Credit Suisse on Wednesday initiated coverage of General Nutrition Centers, the specialty retailer of supplement and nutritional products and partner with Rite Aid in a store-within-a-store program across more than 1,000 drug store locations.

  • Rite Aid achieves EnergyStar certification from EPA

    CAMP HILL, Pa. — Three Rite Aid stores in New England have received Energy Star certification from the Environmental Protection Agency, the retail pharmacy chain said Monday.

  • Hats off to Ryan, Sammons

    WHAT IT MEANS AND WHY IT'S IMPORTANT — Neither one of the co-recipients of this year’s Fantle Award would want you to call it the end of an era. They would both tell you that’s an overstatement.

    (THE NEWS: NACDS honors Tom Ryan, Mary Sammons with lifetime achievement awards. For the full story, click here)

  • Former Supervalu executive joins iControl

    ROCKVILLE, Md. — Mike Jackson was named to the board of directors of iControl Systems USA, where he also will serve in the capacity of senior adviser to iControl president and CEO Tal Zlotnitsky.

    Jackson is a 30-year veteran of Supervalu who retired from the company in late 2009 as president and COO.

  • NACDS honors Tom Ryan, Mary Sammons with lifetime achievement awards

    SCOTTSDALE, Ariz. — On the final evening of the National Association of Chain Drug Stores Annual Meeting in Scottsdale, the association for the first time honored two individuals in the same year with the Sheldon W. Fantle Lifetime Achievement Award: Mary Sammons, chairman of Rite Aid, and Tom Ryan, chairman of CVS Caremark.

  • Retailers step up to offer relief funds to tornado, flood victims

    NEW YORK — In the wake of the tornadoes and flooding that struck many southeastern states, several leading chains have stepped up to offer support for communities impacted by the tragedy, including CVS, Rite Aid, Walmart, <a target="_blank" href="http://drugs

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