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In April 2020, Donigan spoke at a press conference with President Donald Trump to speak about Rite Aid's commitment to COVID-19 testing. [11] Due in part to the pandemic, Donigan's tenure included a move toward remote work for Rite Aid corporate employees, as well as an expansion of digital delivery systems for pharmacy customers. [12]
On August 23, 2006, The Wall Street Journal announced that Rite Aid would acquire the U.S. subsidiary of Quebec-based Jean Coutu Group, including 1,858 Eckerd Pharmacy and Brooks Pharmacy stores, for US$3.4 billion in cash and issuing stock, which would also give Jean Coutu a 32% equity stake in Rite Aid.
In 1962 in Pennsylvania, the company began opening health and beauty stores; it was then a small-town competitor for both customers and store leases. Lehrman joined the company full-time in 1964—the same year the first Rite Aid pharmacy was opened in New York State.
In June 2007, a 109-year-old retail legacy came to an end. Rite-Aid Corporation completed its acquisition of Eckerd Pharmacy by purchasing Jean Coutu USA for $2.3 billion in cash plus $1 billion ...
The company runs more than 2,000 stores, mostly on the East and West coasts, and plans to shutter 400 to […] The post Rite Aid’s bankruptcy plan stirs worries of new ‘pharmacy deserts ...
In late 2010, Rite Aid became a licensed Save A Lot operator when it converted 10 of its existing pharmacies in the Greenville, South Carolina, area to co-branded "Save A Lot/Rite Aid" units. [5] In September 2012, Supervalu announced it would close 22 Save A Lot stores in seven states.