Rite Aid Corp

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Rite Aid is a drugstore chain that offers prescription medications, over-the-counter drugs, and health and wellness products. Rite Aid is reshaping the concept of a modern pharmacy by catering to customer demands through various convenient channels, including retail and delivery pharmacy services. Additionally, the company's offerings extend to services provided by its wholly-owned subsidiaries, namely Elixir, Bartell Drugs, and Health Dialog. Elixir, Rite Aid’s pharmacy benefits and services company, encompasses accredited mail and specialty pharmacies, prescription discount programs, and an advanced adjudication platform. These components combine to provide exceptional member experiences and substantial cost savings. Furthermore, Health Dialog delivers healthcare coaching and disease management services through interactive live online sessions and phone-based health services.

Retail pharmacy chain Rite Aid has announced the closure of dozens of more stores in court filings, according to reports. The stores are in nine states.

Rite Aid to close 53 more stores amid bankruptcy proceedings

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (OTC: RADCQ) today announced Opill, the first daily oral contraceptive FDA-approved for purchase without a prescription, is now available in all stores. Opill is a progestin-only, daily oral contraceptive (birth control pill) that's safe and effective when used as directed to help prevent pregnancy. Opill over-the-counter birth control pills are available at Rite Aid for the suggested retail price of $19.99 for a one-month supply and $49.99 fo.

Rite Aid Announces Availability of Opill at All Locations

Rite Aid, one of the largest U.S. pharmacy chains, received permission from a U.S. judge on Thursday to begin voting on a bankruptcy restructuring plan that would turn over most of the company's equity to its bondholders, while still leaving open the possibility of a sale.

Rite Aid moves ahead on restructuring as sale efforts continue

McKesson

Pharmacy chain Rite Aid has reached a settlement with its lenders, the U.S. Department of Justice, and drug supplier McKesson Corp , clearing a path for Rite Aid to complete its bankruptcy case by late April, a company lawyer said Tuesday.

Rite Aid reaches bankruptcy settlement with lenders, DOJ, McKesson

In today's digital age, where competition is a click away, loyalty has become a cornerstone of customer retention and satisfaction for both retailers and financial institutions looking to drive and capture lifetime value.

Rite Aid CMO Says Innovation Keeps Customers a Click Away From the Competition

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid (OTC: RADCQ) today announced its partnership with food surplus tracking and donation platform Copia, as it furthers its efforts to reduce waste and make a meaningful impact in the California communities it serves. As the first retail pharmacy chain to partner with Copia, Rite Aid will donate food items leveraging Copia's seamless surplus redistribution platform to easily track inventory, prove compliance, and record impact in real time. The platform will.

Rite Aid Becomes Copia's First Retail Pharmacy Partner to Help Combat Food Waste and Support Communities

Rite Aid is shedding more assets, disclosing plans for the “partial sale” of its Health Dialog business to Carenet Health, a provider of various patient engagement businesses.

Rite Aid Sheds More Assets In Sale Of Health Dialog's Population Health Business

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (OTC: RADCQ) (“Rite Aid” or the “Company”) today announced that it has entered into an asset purchase agreement (“APA”) for the partial sale of its Health Dialog business to Carenet Health (“Carenet”), a provider of healthcare engagement, clinical support, telehealth and advocacy solutions. Health Dialog provides personalized population health solutions to improve the health of members while reducing overall medical costs for companies and org.

Rite Aid Enters into Agreement to Divest Majority of Health Dialog Assets

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid (OTC:RADCQ) recently announced that appointments are now available for eligible customers ages 65 and older seeking an additional dose of the updated COVID-19 (2023-2024) vaccines at its locations, including Bartell Drugs locations in the Pacific Northwest. The latest ACIP and CDC recommendation aims to increase vaccine protection that may have lessened in vulnerable adults. “As COVID-19 continues to impact communities across our footprint, it is importan.

Rite Aid and Bartell Drugs Announce Additional Dose of Updated COVID-19 Vaccine Available for Customers Ages 65 and Older

Rite Aid is planning to close 77 stores in 2024 as part of its Chapter 11 bankruptcy. That makes 431 stores that the drugstore chain has decided to close since October.

Rite Aid is planning to close 77 stores in 2024. See if yours is on the list.

PHILADELPHIA--(BUSINESS WIRE)--Today, Rite Aid debuted its new ‘It Means More' ad – spotlighting the retail pharmacy chain's commitment to its customers, together with the passion and ongoing dedication of its employees to continuously provide unrivaled customer experiences. At a time when personal connections are increasingly valued, Rite Aid is reaffirming its recognition of the importance of nurturing customer relationships and reinforcing this core company value by emphasizing its steadfast.

Rite Aid Unveils New ‘It Means More' Ad Spot, Showcasing Unwavering Commitment to Serving and Supporting Its Customers

Rite Aid completed the sale of its Elixir pharmacy benefit management (PBM) company to another PBM, MedImpact Healthcare Systems for $575 million, the drugstore chain said Thursday.

Rite Aid Completes $575 Million PBM Sale To MedImpact

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (OTC: RADCQ) (“Rite Aid” or the “Company”) today announced it has completed the previously announced sale of its Elixir Solutions business (“Elixir”) to MedImpact Healthcare Systems, Inc. (“MedImpact”) for approximately $575 million. “We are pleased to finalize the sale of Elixir, marking another important milestone in our transformation to strengthen our long-term financial position,” said Jeffrey S. Stein, Rite Aid's CEO and Chief Restructur.

Rite Aid Completes Sale of Elixir Solutions to MedImpact

PHILADELPHIA--(BUSINESS WIRE)--Love is in the air, and Rite Aid is ready to make this Valentine's Day unforgettable. Whether you're expressing affection to a special someone, embracing self-care or celebrating with friends and family, Rite Aid's shelves are stocked with a thoughtfully curated selection of gifts and treats designed to cater to every love language. ‘Perfect Pairing' for Date Night This Valentine's Day Rite Aid is playing matchmaker — for your tastebuds! The neighborhood pharmacy.

Find Your ‘Perfect Pairing' at Rite Aid this Valentine's Day

CVS Health

Walgreens

A spate of pharmacy closings in Boston have drawn protests as more than 1,000 drug store chain locations across the country have closed, reigniting long standing concerns that low-income, Black and Latino Americans are bearing the brunt as pharmacies continue to disappear amid increased competition and other factors.

Here's Why Drug Stores Are Closing In Minority Neighborhoods: Walgreens, CVS And Rite Aid Shutter More Than 1,000

Rite Aid is selling its Elixir pharmacy benefit management (PBM) company to MedImpact for $575 million, the drugstore chain said Tuesday.

Rite Aid Sells PBM Elixir For $575M To MedImpact

Pharmacy chain Rite Aid Corp on Tuesday received bankruptcy court approval to sell its Elixir pharmacy benefit manager business for $575 million.

Rite Aid gets court approval for $575 million Elixir sale

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (OTC: RADCQ) (“Rite Aid” or the “Company”) today announced that the U.S. Bankruptcy Court for the District of New Jersey has approved the sale of the Company's Elixir Solutions Business to MedImpact Healthcare Systems, Inc. (“MedImpact”), an independent pharmacy benefit solutions company. “We are pleased to receive this key approval toward the sale of our Elixir business to MedImpact,” said Jeffrey S. Stein, Rite Aid's CEO and Chief Restructur.

Rite Aid Receives Court Approval for Sale of Elixir Solutions Business to MedImpact

Herbalife

Zacks Retail-Pharmacies and Drug Stores industry players like CVS, HLF and RADCQ are likely to gain despite reimbursement challenges that are hurting the overall industry health.

3 Retail Pharmacy & Drugstore Stocks to Watch Amid Industry Headwinds

Rite Aid has closed about 200 stores since its filing two months ago for Chapter 11 bankruptcy protection with potentially more retail locations to close in coming weeks and months.

Rite Aid Bids Goodbeye To 200 Stores Since Bankruptcy Filing

The FTC handed the retailer a five-year ban on using facial recognition technology for surveillance.

FTC Crackdown on Rite Aid Over Facial Recognition Is a Lesson on Risks of AI

Rite Aid, which filed for Chapter 11 bankruptcy protection in October, deployed artificial intelligence-based facial recognition technology from 2012 to 2020.

Rite Aid barred from using facial recognition tech after thousands falsely flagged as shoplifters

The FTC banned Rite Aid from using facial recognition technology in its stores for five years. The software was meant to alert staff when suspected criminals entered Rite Aid stores.

Rite Aid is banned from using facial recognition in its stores after the FTC said it falsely flagged thousands of shoppers as potential criminals

The FTC and Rite Aid announced a settlement banning Rite Aid from using AI-powered facial recognition technologies for 5 years after the pharmacy chain's prior system lacked safeguards.

FTC bans Rite Aid's use of AI facial recognition over lack of consumer protections

WASHINGTON, Dec 19 (Reuters) - Bankrupt U.S. pharmacy chain Rite Aid will be prohibited from using facial recognition technology for surveillance purposes for five years to settle U.S. Federal Trade Commission charges it harmed consumers, the FTC said on Tuesday.

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