CAMP HILL, Pa. -- Despite its financial woes, Rite Aid Corp. here is barreling ahead on its store-opening schedule. The retail drug chain's new management team has vowed to maintain a store-opening schedule while retaining the West Coast stores the chain originally said it would sell. Rite Aid announced last year that it would make a $500 million downward restatement of pretax profits for the last three years. Following that announcement, chief executive Martin Grass resigned and was ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.