CAMP HILL, Pa. — Rite Aid Corp. here on Thursday reported net income of $61.9 million during the fiscal third quarter that ended Dec. 1 — the company’s first quarterly profit in more than five years. Officials said results were aided by improved front-end sales, particularly from customers using the retailer’s Wellness+ rewards card, and from increased pharmacy sales. Rite Aid posted a loss of $51 million in the same period last year and had last reported positive ...
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.
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.