Drug Store News
Rite Aid hosted an Analyst Day Monday to outline its new strategy and plan for growth. Heyward Donigan, president and CEO of the Camp Hill, Pa.-based retailer, noted that the plan is focused on using its strengths to grow EBITDA and reduce its debt load.
"Rite Aid is a business in the midst of a turnaround and it is time for a radical change — our RxEvolution," Donigan said. "This is not business as usual at Rite Aid. We have the unique opportunity to serve a growing customer base and strengthen the power of our iconic brand.”. . . more
