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Rite Aid CEO’s $20M salary causes dispute among its bankruptcy lenders
NJ.com· 21 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· 2 days agoEven the gender dynamics of the industry’s C-suite are reflecting this turmoil: At the start of...
As pharmacies shutter, some Western states, Black and Latino communities are left behind | Texarkana...
Texarkana Gazette· 7 hours agoCVS Health once boasted of opening or buying more than 2,900 locations in a five-year period. Now...
Rite Aid CEO’s $20 Million Pay Spurs Lender Backlash
Bloomberg via Yahoo Finance· 3 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...
Pharmacy Closures Impact Minority Communities The Most
Black Enterprise· 2 days agoIn May, Pharmacy Times reported that 2024 might be the year of the pharmacy closure, as Rite Aid,...
A crisis is hitting your local drugstore. Why the slow demise of a 130-year-old family-owned ...
Fortune via AOL· 6 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· 6 days agoBig chains are shutting down hundreds of locations; CVS and Walgreens have seen their share prices...