Rite Aid Corp. beat a Wall Street earnings estimate despite lower general merchandise sales associated with softer demand for products that helped consumers cope with the COVID-19 pandemic. Net loss from continuing operations was $13.1 million, or 24 cents per share,...
Rite Aid promoted Andre Persaud to chief retail officer. Rite Aid named Persaud evp/retail for Rite Aid in February 2020, and he assumed responsibility for orchestrating new in-store experiences and retail operations processes in line with the company’s RxEvolution...