Rite Aid CEO John Standley is out in a 'managerial' purge of 400 jobs
Rite Aid is much different than when Standley became CEO and is no longer a national pharmacy chain. Rite Aid operates 2,500 stores in 19 states, but most are concentrated in 7 states including California on the West Coast and Pennsylvania in the East Coast.
Rite Aid’s recent woes triggered a notice in January from the New York Stock Exchange that the drugstore chain is"no longer in compliance with NYSE continued listing standards.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rite Aid CEO to Leave in Shake-Up; Company to Shed 400 Corporate JobsRite Aid Corp. said its chief executive, finance chief and operating chief plan to leave the company as part of a wide-reaching restructuring plan that will also eliminate about 400 full-time jobs.
Read more »
Rite Aid is laying off 400 corporate workers and looking for a new CEORite Aid said on Tuesday that its CEO will be stepping down and it will be eliminating about 400 corporate jobs.
Read more »
Rite Aid shakes up top management, to cut about 400 U.S. jobsRite Aid Corp said on Tuesday its chief executive officer would exit as part of ...
Read more »
UK to give jailed British-Iranian aid worker diplomatic protectionBritain is to give jailed British-Iranian aid worker Nazanin Zaghari-Ratcliffe d...
Read more »
Should activists aid migrants in the desert, or leave their fate to the Border Patrol?Four volunteers from a migrant aid group appeared before a federal judge in Tucson last week. Their crime: leaving jugs of water, food and other supplies in a desolate desert refuge to protect the lives of migrants illegally crossing the Mexican border.
Read more »
Britain to grant jailed British-Iranian aid worker diplomatic protection
Read more »
Britain hands jailed British-Iranian aid worker diplomatic protectionBritain will hand diplomatic protection to British-Iranian aid worker Nazanin Za...
Read more »
Puerto Ricans left jobless by hurricanes have 3 weeks to apply for new aidMore than 10,000 Puerto Ricans who lost their jobs after Hurricanes Maria and Irma may benefit from newly extended federal aid. Only 307 people have applied.
Read more »
Turkish aid group supports refugees to provide primary needsThe Association for Solidarity with Asylum Seekers and Migrants in Turkey provides assistance of refugees come from Syria, Iraq, Afghanistan, and other countries.
Read more »
Rotting food and endangered patients: How Venezuelans are faring during continuing nationwide power outagesOpposition politicians and aid groups report a rising number of deaths.
Read more »