In the first quarter, Rite Aid made strides, posting revenues that exceeded analyst expectations and a lower adjusted loss that also came in better than Wall Street anticipated. First quarter net loss was $306.7 million, or $5.56 per diluted share, compared to a net...
Rite Aid Chief Retail Officer Andre Persaud has left the company in an additional high-level executive departure following a tough third quarter. Although it is not providing much in the way of details, Rite Aid issued a statement that said Persaud “is no longer with...
In a sudden revelation, Heyward Donigan is departing Rite Aid where she was president, CEO and a board member, the company announced, adding that it has appointed Elizabeth “Busy” Burr interim CEO effective immediately. Rite Aid stated that the company has initiated a...
