$1.46
-0.08 (-5.19%)
Rite Aid Corp (NYSE:RAD)
CAPS Rating:
The Company is a Delaware corporation and through its wholly-owned subsidiaries, operates retail drugstores in the United States of America.
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The Company is a Delaware corporation and through its wholly-owned subsidiaries, operates retail drugstores in the United States of America.
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Rad has finished its merger expenses with Eckerd - Brooks. They are training in-store management much better with weekly district in-store telephone meetings. Also increased availability to in store management teams of next to almost real time sales figures and workflow trends. I know because I work for them and this change has increased our control of whats happening in store at real time.......May trends like this continue as Rad continues to bring in new people in upper management to help. Rad's NEXGEN computer pharmacy system is being "tweeked" weekly, monthly, yearly to offer patients better healthcare safety. .......
I have been trading this stock for several years and making money. I know they have had many problems and still have a long way to go. I visited my first store earlier this year while vacationing in N. Carolina and I have never been in such a clean store and the lighting was very good. The stock was selling around .25, I bought in the .30 range and today am up over 106%. Hope they keep up the good work.