Rite Aid's Acquisition Prescribes Pressure On C-Stores

Longo, Don; Ryan, Tom
October 2006
Convenience Store News;10/8/2006, Vol. 42 Issue 12, p129
Trade Publication
The article presents information on the acquisition of Canada based Eckerd/Brooks banners by Rite Aid Corp. The acquisition has helped the company to consolidate its position among drug store chains in the U.S. Rite Aid will operate 5,177 stores and its sales per square foot last year were $473. The company's president and CEO, Mary Sammons, has taken significant steps to improve the productivity of the store.


Related Articles

  • Rite Aid acquires Eckerd. Occhipinti, Christina // Westchester County Business Journal;6/11/2007, Vol. 46 Issue 24, p5 

    The article reports on the acquisition of Eckerd and Brooks drugstore chains operated by Eckerd Corp. by Rite Aid Corp., the third largest drugstore chain owner in the U.S. The transaction affects 351 Eckerd stores in New York, including its three stores in Westchester County. According to Mary...

  • Post-acquisition, Rite Aid flexes bigger muscles. Johnsen, Michael // Drug Store News;9/10/2007, Vol. 29 Issue 11, p3 

    The article reports on the call of Mary Sammons, Rite Aid president, chairman and chief executive officer to managers and pharmacists to build the retailer's image at the Rite Aid managers conference in Baltimore, Maryland. The author stated that the meeting highlights the acquisition of Brooks...

  • Rite Aid takes back West Coast.  // Drug Store News;1/17/2000, Vol. 22 Issue 1, p1 

    Focuses on the merchandising and operational changes in the United States drug chain, Rite Aid. Management team of Rite Aid; Plans for its West Coast stores; Comments of Mary Sammons, president and chief operating officer of Rite Aid, on the direction of the chain's health and beauty merchandising.

  • There's Something About Mary.  // Chain Store Age;Dec2001, Vol. 77 Issue 12, p39 

    Focuses on the plans of Rite Aid President Mary Sammons for the company's drug stores in the U.S. Strategy for increasing sales of generic drugs; Efforts of the company to cut costs.

  • Rite Aid Acquisition of Brooks and Eckerd Stores to Leverage Supply Chain "Synergies".  // Logistics Today;Sep2006, Vol. 47 Issue 9, p42 

    The article reports on the acquisition of the stores owned by the drugstore chain Brooks-Eckerd by Rite Aid Corp. for $2.5 billion in cash and stocks. The acquisition is believed to strengthen the latter's position as the third largest national drugstore chain in the U.S. Meanwhile, Rite Aid...

  • Rite Aid ready to roll out four-part integration plan. Alexander, Antoinette // Drug Store News;11/6/2006, Vol. 28 Issue 15, p18 

    The article focuses on the four-part integration plan of Rite Aid Corp. to support the conversion of the acquired Brooks-Eckerd stores to its system in the U.S. According to president and CEO Mary Sammons, the integration plan is important to solve the company's problems regarding the increasing...

  • Rite Aid on right track for fiscal 2009. Johnsen, Michael // Drug Store News;4/21/2008, Vol. 30 Issue 5, p1 

    The article focuses on the system changes at Rite Aid Corp.'s Brooks/Eckerd store base in Camp Hill, Pennsylvania. Mary Sammons, Rite Aid chairman, believes that there will be an improvement in the stores as their conversion will be completed. The author adds that for fiscal 2009, the company is...

  • Rite Aid's better 2Q backs fall programs.  // Drug Store News;10/6/2003, Vol. 25 Issue 13, p1 

    Reports on fall and Christmas 2003 initiatives to be launched by Rite Aid. Financial performance during the second quarter of 2003; Introduction of a pharmacy system called NexGen; Replacement of the chain's Rite Aid Dispensing System (RADS); Launch of a digital photo-processing initiative;...

  • Rite Aid, at 40, Celebrates Renewed Health.  // Chain Store Age;Aug2002, Vol. 78 Issue 8, p74 

    Provides information on the drug store chain Rite Aid. Total sales in the fiscal year ended March 2002; Priorities for improving the productivity of the chain store; Description of the enhanced pharmacy design; Action taken by the company to remain profitable.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics