Rite Aid Corporation (NYSE:RAD) involved in the progress of a Wellness plan for its clients


Dallas, Texas 08/27/2013 (Financialstrend) – Rite Aid Corporation (NYSE:RAD) had been energetically taking part in the progress of a Wellness plan for its clientele to offer efficient savings on their prescription medication purchases. The well known firm had long been popular for its client delighting actions, which are particularly formulated to offer that additional service to the clientele in the area. The company scrip had recently been demonstrating marginal declinations on Wednesday to register a correction in the recent upbeat tendency of prices.

Rite Aid Corporation: Flu Shots Currently Obtainable at All Rite Aid Pharmacies Countrywide

Rite Aid Corporation (NYSE: RAD) declared that seasonal flu jabs are now obtainable at all Rite Aid drugstores all over the country. Clients can travel to any of the company’s drugstores to get a flu shot that are covered by the majority of insurance proposals that includes Medicare Part B, from a Rite Aid licensed immunizing druggist, subject to state rules.

Flu jabs are obtainable during pharmacy hours and there is no need of any appointment.

Same-store sales zoom 1.3 per cent in July

The company registered an augmentation of around 1.3% in the same-store sale facts for the 4 weeks period ended July 27. Front-end same store sale facts augmented 0.7%.

Pharmacy same store sales surged 1.6%, comprising around 307 basis points pessimistic impact from novel generic launchings.

The company registered total drugstore sale figures of $1.898 billion for July, up 0.9 per cent as against $1.881 billion posted during the same period of 2012. Prescription sale figures made up 67.7 per cent of overall drugstore sale facts.

For the 21-week phase ended Jul 27, the company’s comps diminished 1.2 per cent as again the corresponding period of 2012. The fall was mainly because of a 1.9 per cent decline in drugstore comps, partially counterbalance by 0.4 per cent increase in front-end comps.