Net loss increased at Rite Aid, but it still managed to beat a Wall Street estimate for second-quarter results. For the quarter, Rite Aid reported a company net loss from continuing operations of $100.3 million, or $1.86 per share, versus $13.2 million, or 25 cents...
To bolster its RxEvolution strategic repositioning, Rite Aid is working with Dunnhumby, recognized for its loyalty program and data science expertise, as a strategic partner that will help the retailer revamp its pricing and promotion approach, as well as its loyalty...
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...
