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Rite Aid CEO’s $20M salary causes dispute among its bankruptcy lenders
NJ.com· 8 hours agoRite Aid’s CEO is on track to receive $20 million in salary, but the company’s bankruptcy lenders...
Female CEOs used to run America’s top drugstores. But two powerful women were replaced this year as...
Fortune via AOL· 1 day agoFor the new issue of Fortune, I dug into why this is all happening, as seen through the story of...
Rite Aid CEO’s $20 Million Pay Spurs Lender Backlash
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Rite Aid Corp.’s main lenders are demanding a proposed $20 million payout to Chief Executive Officer Jeffrey Stein be reduced before they...
A crisis is hitting your local drugstore. Why the slow demise of a 130-year-old family-owned...
Fortune via Yahoo Finance· 5 days agoSeattle's beloved Bartell’s, now owned by debt-laden Rite Aid, is closing many of its locations....
The U.S. drugstore is caught in a perfect storm, ditched by customers and squeezed by insurance...
Fortune via AOL· 5 days agoBig chains are shutting down hundreds of locations; CVS and Walgreens have seen their share prices...
As pharmacies shutter, Black and Latino communities are left behind
WFXT via Yahoo News· 5 days agoOpening stores used to mean everything to pharmacy chains. CVS Health once boasted of opening or...
‘The Sum of It All’ Review: Lewis Lehrman’s Lessons
The Wall Street Journal· 1 day agoAs a young adult he helped turn the family’s wholesale grocery business into Rite Aid, which became the third-largest drugstore chain in the country. “We...
Why Did Godiva Chocolates Close All Of Its US Stores?
Tasting Table via Yahoo Finance· 8 hours agoDespite the change, Godiva's presence in the U.S. didn't evaporate entirely. You can still find its...
Center City apartment development scrapped, retailer sought for space - Philadelphia Business...
The Business Journals· 6 days agoPlans have been scrapped for a mid-rise apartment building on the western edge of Center City and...
Pharmacy Closures Impact Minority Communities The Most
Black Enterprise· 1 day agoIn May, Pharmacy Times reported that 2024 might be the year of the pharmacy closure, as Rite Aid,...