The second quarter saw Rite Aid losses increase and sales come up short of last year’s period, although a bit ahead of Wall Street projections. For the quarter, the company reported a net loss of $331.3 million, or $6.07 per diluted share, versus a net loss of $100.3...
As the company moves further into wellness products and services, Walgreens is increasing the starting hourly wage for all employees to $15 an hour, an initiative that will take effect in phases beginning in October of this year and concluding November 1, 2022. Since...
