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Stock Market & Financial Investment News

News Breaks
November 12, 2012
12:30 EDTRADRite Aid says Hurricane Sandy to have negative impact on November SSS
As of November 12, all stores impacted by Hurricane Sandy, with the exception of the Rite Aid store in Lavallette, N.J., have been reopened and are servicing customers. The Company’s store in Lavallette remains closed due to restricted access to the barrier island. Additionally, four stores—three in New York and one in New Jersey—have established temporary pharmacies to ensure patients have access to prescription and other medications while the front-end of the stores are being repaired, which is expected to be completed by next month. At the height of the storm, 790 Rite Aid stores were closed. The company has re-opened the affected stores as quickly as possible over the past two weeks. It is anticipated that Hurricane Sandy will have a negative impact on same store sales results for the month of November, but the company does not expect the storm to have a material impact on the company’s FY13 financial results.
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August 24, 2014
21:53 EDTRADNational Association of Chain Drug Stores to hold an expo
2014 NACDS Total Store Expo to be held in Boston on August 23-25.

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