The number of closing stores keeps rising and the latest one I've heard is 145. Is this correct? I'd also like to know, if you're in one of the confirmed closing locations, did you know it was coming? Was there any indication ahead of time or were... —  read more 

Rite Aid is closing 63 stores. I'm wondering, was everybody really offered a position in another location, or is that just bull they're saying to avoid bad publicity? I really hope it's true, but something tells me there's a... —  read more 

The rest of us are screwed.

Rite Aid closing Cheshire store at end of March Rite Aid is closing its location on South Main Street in Cheshire at the end of the month, company officials have... —  read more 

From the Seeking Alpha board: Well, as I noted yesterday, we were not going to get any profits and here we are with a near 20% drop in the stock price. Once again, ZERO profits yet the CEO of Rite Aid has decided to piss away $350 million in... —  read more 

“There's no job loss or any layoffs,” Mr. Olson said. “In fact, we're hiring. This will not impact our corporate positions.” Olson said this regarding the HQ move. Does anybody buy this?

What's your prediction as it relates to the possiblity of Rite Aid Layoffs 2021? Any news or rumors?

https://abcnews.go.com/Business/wireStory/walgreens-picks-rite-aid-ceo-president-72725277 I'd really love to see how he screws up in his new role,as for the year-and-a-half or so Walgreens has been closing much more stores than us.Not to mention... —  read more 

Layoffs have been goin on today in IT and Category management.

With the pandemic speeding up what seems to be inevitable, we are already popping up on lists of retailers most likely to file for bankruptcy before the end of the year. And we all know what that brings: not just layoffs, but layoffs without... —  read more 

How do you see things - what will happen next?

My question is why do you rite aid people stay with a failing organization like Rite Aid. 401k is failing, company is doomed in the long run. Especially managers, i work for CVS in Sacramento and we are hiring like crazy, SM, ASM and especially... —  read more 

Found this on Walgreens, but I thought it belonged here as well: We were told for three months during two other stores' liquidations that our store would remain open. We helped close those other two stores while still also working at our own store... —  read more 

I heard that Walgreens said they would be closing another ~150 locations that they bought from us instead of converting them to Walgreens. Is this true? Is your store closing? If yes, did they offer you a job? When is this going down? Post any... —  read more 

What are your thoughts about potential Rite Aid Layoffs 2020? Any news or rumors?

The new CIO announced on September 23, 2019, that all IT employees will be let go the week before Thanksgiving. Multiple IT departments are being outsourced to HCL Technologies. Last day will be November 22, 2019. This includes Field Technical... —  read more 

Syms LinkedIn has been removed and Bodaken removed Rite Aid from his. Seems as if the integration with EnvisionRX and downsizing was all part of a bigger plan to partner with Pillpack. Rite Aid is going into E-commerce in a big way

Sounds like Heyward is cutting 401K matching for field leaders. Anyone know the legality of this?

Too many technicians spent too much time beautifying equipment installations that no customer saw, and meant nothing to the bottom line. Had incompetent FTS regional management not burdened field techs with make-work and administrative tasks and... —  read more 

Nearly 400 people will be laid off as a result of this... The rumors are true – Rite Aid will be closing two distribution centers in Falls... —  read more 

While this will be Heyward Donigan's first as CEO,it will be still reflective of the the waning days under John Standley's watch as the honorable Ms. Donigan only came aboard a month or two ago.Let's not jump to any conclusions about the company's... —  read more 

Who will it be?

This a copy and paste of a topic in the CVS forum. Thoughts?? OK so here goes... Amazon acquired online pharmaceutical company PillPack and Amazon now has a joint venture with Berkshire Hathaway and JPMorgan Chase on health care. Now Amazon is... —  read more 

Noticed some SEC filings today, that showed execs selling some shares right before earnings tomorrow. Stock actually did well today, up over 8%, but to have a nice rise ahead of earnings and then have execs sell? Something is up. Either short sellers... —  read more 

https://www.bizjournals.com/memphis/news/2019/05/06/freds-outlines-substantial-doubt-about-ability-to.html https://www.bizjournals.com/memphis/news/2019/05/06/freds-earnings-show-steep-declines-more-store.html This is the same company that was in... —  read more 

Some Walgreens managers in California are saying that the Rite-aid stores in this state are going to be converted into Walgreens stores. As far as I know, Walgreens didn't go through with buying Rite-aid on the west coast. Is this just something to... —  read more 

Sadly, we knew more of these were coming, so this is not much of a surprise. A Beckley Rite Aid is closing its doors. The Rite Aid On Johnstown Road will close on May 20... —  read more 

...whose longtime home store closed this past summer, the best thing I can do in the wake of today's bloodbath/shakeup at 30 Hunter Lane is take this with a grain of salt and hope no further closures occur in NorCal anytime soon(8 Sactown-area... —  read more 

Ever since the 'bloodbath' at 30 Hunter Lane that fateful March 12,there has been a lot of 'the sky is falling!' water cooler talk of the rumor and/or fear mongering variety;and at least half of it has been originated by outsiders(non-RA... —  read more 

rumor around the campfire (depending on who you subscribe to) cvs is going to merge with ra that is why standley resigned.. again its rumors that are flying so who knows

Just because rite aid is on the bottom doesnt mean it will go up. Its a penny stock buddy. Someone drinking the Kool Aid. I for sure see this company folding before end of the year. Literally 50 cents a share and they think it will go up, its going... —  read more 

So with 400 layoffs in corporate, what does this mean for the stores? Yea I'm sure things will get harder to get accomplished. But what about the employees in stores? I see it as it's only a matter of time before the stores start closing. But any... —  read more 

Valley Green lost about 1/3 of its work force yesterday. In total they are looking at about 400 workers being let go.

Lay offs confirmed. They not done. 200 got laid off yesterday. There 200 more to come. I survived for now. But my department lost 50 percent of our staff. You work for rite aid corp, I suggest get other work asap. There is more they are not... —  read more 

Now that we know Standley is out for sure, does anybody think whoever they bring in as his replacement will be any better? I'm not saying it's impossible, but it is very improbable. I'm also afraid that once we have new leadership, they'll want to... —  read more 

Given the sorry state of Rite Aid's IT I am surprised the cuts are not deeper. The senior lineup is clueless and if we were to pull the plug on them nobody would notice. When it comes to grunts like you and me, people are hard working and it's OK... —  read more 

Do we have any idea if all 400 people have been notified or if we can expect to learn about more layoffs before the end of the week? Also, any ideas on what was hit the hardest? I know of departments that didn't lose anybody (yet) so it'd be nice to... —  read more 

https://twitter.com/TheLayoff/status/1105600649570316288

What's the update today?