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Rite Aid Drug Stores

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BUSINESS
August 2, 1990 | Chris Woodyard Times staff writer
In a big boost to a little south Orange County company, the nation's largest drug store chain has decided to carry CigArrest stop-smoking products at its 2,400 stores. Advantage Life Products Inc. of Laguna Hills said Wednesday that Rite-Aid Drug Stores, an East Coast-based chain, has begun carrying its CigArrest gum and other stop-smoking products at its stores. Advantage Life markets CigArrest primarily as a chewing gum to help smokers quit their habit.
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NEWS
December 19, 2000 | From Times Wire Reports
Rite Aid Corp., the nation's No. 3 drugstore chain, has pulled all Super Speeder II Scooters from its shelves because of safety warnings from the manufacturer. Hong Kong-based Excite Ltd. told the Camp Hill, Pa.-based Rite Aid that it had received complaints from consumers who pinched their fingers in the front folding mechanism.
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BUSINESS
February 6, 1998 | LESLIE EARNEST, SPECIAL TO THE TIMES
Family-run Zweber Pharmacy, a fixture in Corona del Mar for decades, will close this month, another casualty of the changing health care landscape. Drugstore chain Rite Aid Corp. has purchased the pharmacy but will shut it down and open a splashy new outlet one block away.
CALIFORNIA | LOCAL
July 15, 1999 | KENNETH REICH
Quite often, a single consumer complaint is, indeed, the proverbial tip of the iceberg. But seldom have checks into a company named in a single reader's complaint revealed so many problems as at Rite Aid--California's largest drugstore chain since its 1996 acquisition of Thrifty PayLess Inc. Edward Manley of Temple City wrote me telling of his persistent efforts to obtain a few 20-ounce cans of Empress pineapple chunks, listed as on sale at two for $1 in a Rite Aid ad.
NEWS
December 19, 2000 | From Times Wire Reports
Rite Aid Corp., the nation's No. 3 drugstore chain, has pulled all Super Speeder II Scooters from its shelves because of safety warnings from the manufacturer. Hong Kong-based Excite Ltd. told the Camp Hill, Pa.-based Rite Aid that it had received complaints from consumers who pinched their fingers in the front folding mechanism.
CALIFORNIA | LOCAL
October 21, 1998
The City Council failed to approve spending $400,000 Monday to bring a Rite Aid to the economically depressed northwest area, igniting the wrath of Mayor Chris Holden. Council members deadlocked 3 to 3 on a plan to pay the owners of an auto repair shop $400,000 in city money to relocate so the pharmacy chain could move onto the southeast corner of Orange Grove Boulevard and Fair Oaks Avenue. Councilman William Crowfoot, who could have broken the tie, was absent.
NEWS
June 11, 1999 | From Associated Press
A judge on Thursday ordered Rite Aid Corp. to inform California customers that they may have purchased expired products, including condoms and baby formula. Alameda County Superior Court Judge Harry Needham issued a temporary restraining order after district attorneys from three counties and one city filed a consumer protection lawsuit this week.
BUSINESS
July 4, 1998 | MARLA MATZER, SPECIAL TO THE TIMES
In an unusual deal that further advances the cola wars, Rite Aid has agreed to exclusively sell Pepsi Cola at its 4,000 stores. Observers view the Rite Aid deal as a sign of a new assertiveness on the part of Pepsi. It recently has wrested several accounts from Coca-Cola and has filed a federal lawsuit against its archrival alleging unfair business tactics. "Pepsi recently has taken on what I call a new aggressiveness," said John Sicher, editor and publisher of Bedford Hills, N.Y.
BUSINESS
March 19, 1999 | From Bloomberg News
Rite Aid Corp. is under review by federal regulators for accounting practices related to its purchases of smaller drugstore chains and other businesses, an analyst said Thursday. The Securities and Exchange Commission review began after the drugstore chain filed a plan to sell shares to the public, said Salomon Smith Barney analyst Jonathan Ziegler, who spoke with Chief Financial Officer Frank Bergonzi on Wednesday.
CALIFORNIA | LOCAL
July 15, 1999 | KENNETH REICH
Quite often, a single consumer complaint is, indeed, the proverbial tip of the iceberg. But seldom have checks into a company named in a single reader's complaint revealed so many problems as at Rite Aid--California's largest drugstore chain since its 1996 acquisition of Thrifty PayLess Inc. Edward Manley of Temple City wrote me telling of his persistent efforts to obtain a few 20-ounce cans of Empress pineapple chunks, listed as on sale at two for $1 in a Rite Aid ad.
NEWS
June 11, 1999 | From Associated Press
A judge on Thursday ordered Rite Aid Corp. to inform California customers that they may have purchased expired products, including condoms and baby formula. Alameda County Superior Court Judge Harry Needham issued a temporary restraining order after district attorneys from three counties and one city filed a consumer protection lawsuit this week.
BUSINESS
March 19, 1999 | From Bloomberg News
Rite Aid Corp. is under review by federal regulators for accounting practices related to its purchases of smaller drugstore chains and other businesses, an analyst said Thursday. The Securities and Exchange Commission review began after the drugstore chain filed a plan to sell shares to the public, said Salomon Smith Barney analyst Jonathan Ziegler, who spoke with Chief Financial Officer Frank Bergonzi on Wednesday.
CALIFORNIA | LOCAL
October 21, 1998
The City Council failed to approve spending $400,000 Monday to bring a Rite Aid to the economically depressed northwest area, igniting the wrath of Mayor Chris Holden. Council members deadlocked 3 to 3 on a plan to pay the owners of an auto repair shop $400,000 in city money to relocate so the pharmacy chain could move onto the southeast corner of Orange Grove Boulevard and Fair Oaks Avenue. Councilman William Crowfoot, who could have broken the tie, was absent.
BUSINESS
July 4, 1998 | MARLA MATZER, SPECIAL TO THE TIMES
In an unusual deal that further advances the cola wars, Rite Aid has agreed to exclusively sell Pepsi Cola at its 4,000 stores. Observers view the Rite Aid deal as a sign of a new assertiveness on the part of Pepsi. It recently has wrested several accounts from Coca-Cola and has filed a federal lawsuit against its archrival alleging unfair business tactics. "Pepsi recently has taken on what I call a new aggressiveness," said John Sicher, editor and publisher of Bedford Hills, N.Y.
BUSINESS
February 6, 1998 | LESLIE EARNEST, SPECIAL TO THE TIMES
Family-run Zweber Pharmacy, a fixture in Corona del Mar for decades, will close this month, another casualty of the changing health care landscape. Drugstore chain Rite Aid Corp. has purchased the pharmacy but will shut it down and open a splashy new outlet one block away.
BUSINESS
August 2, 1990 | Chris Woodyard Times staff writer
In a big boost to a little south Orange County company, the nation's largest drug store chain has decided to carry CigArrest stop-smoking products at its 2,400 stores. Advantage Life Products Inc. of Laguna Hills said Wednesday that Rite-Aid Drug Stores, an East Coast-based chain, has begun carrying its CigArrest gum and other stop-smoking products at its stores. Advantage Life markets CigArrest primarily as a chewing gum to help smokers quit their habit.
BUSINESS
July 6, 1999 | From Times Wire Services
Dutch food maker Royal Numico is acquiring General Nutrition Cos., a leading producer of vitamins and other nutritional supplements, for $1.75 billion in cash. The deal, under which Royal Numico would also assume roughly $760 million in debt, would create what the two companies called the largest firm in the world devoted exclusively to nutrition. The purchase would give Numico access to the biggest distribution network for nutritional products in the U.S.
CALIFORNIA | LOCAL
October 7, 1999 | KENNETH REICH
The day after the announcement Monday of the proposed merger of telecommunications giants MCI WorldCom and Sprint, Federal Communications Commission Chairman William Kennard expressed grave reservations. "Competition has produced a price war in the long-distance market," Kennard said. "This merger appears to be a surrender. How can this be good for consumers? The parties will bear a heavy burden to show how consumers would be better off."
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