6 0|0|RITE AID closing 117 stores|couponsnsamples|couponsnsamples@hotmail.com|18:06:54|06/25/2009|
Rite Aide's struggles continue; loses nearly $100 million in its first quarter
Jonathan Berr
Jun 25th 2009 at 2:30PMText SizeAAAFiled under: Company News, Earnings
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Rite Aid Corp. (RAD), the third-largest drug store chain whose former CEO Martin L. Gross went to jail after admitting in 2003 he cooked the books, continues to struggle.
Earlier this year, Rite Aid said it would close 117 stores over the next year as the company looks to cut debt and expenses. Some analysts have speculated that the company needs to cut a large number of people given its large debt load. In the first quarter, the company closed 86 stores, relocated 17 stores and remodeled.
1|1|did it list any of these stores expected to close??|KELLYNEISH|KELLYNEISH@AOL.COM|18:09:25|06/25/2009|
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2|2|no ..it didnt list any specific stores|couponsnsamples|couponsnsamples@hotmail.com|22:23:38|06/25/2009|
.. 3|1|I know it recently closed 2 stores in my area (NY)|anothershopper2|ejw14@hotmail.com|22:32:14|06/26/2009|
Leave me FB if we've traded and you were happy :) Thanks! 4|1|I'm not a fan of rite aid...and always wondered how they could compete with |kellysp6637|frugalk76@aol.com|00:47:12|06/27/2009|
CVS and Walgreens when they really don't have too many incentives to shop there....
5|1|I'm not a fan either, we had that or CVS and now we have walgreens and every grocery store plus|Mackiesmudder|Mackiesmudder@aol.com|02:11:06|06/27/2009|
Wal-Mart and target. Also, I never got a P&G card from the rebate program that i was supposed to get and no amount of emails would even get me an answer. Nope, not a fan!
Cathie
6|1|hi|joseph|parkerjoe3@yahoo.com|22:02:56|06/28/2009|
i'm not surprized there prices are to high. and they some times sell stale food i bought nabisco cookies they were so old threw them away should of complained also a candy bar was not etible