US-based retailer and pharmacist Rite Aid has announced that John Standley will return to the company as president and COO; and has appointed Frank Vitrano to the combined role of CFO and chief administrative officer.

By Bair, Jessica REGION Rite Aid chief discusses drugstore chain's turnaround and the mega-deal that will add nearly 2,000 stores The weight of a nearly $4 billion deal sits on the shoulders of Mary Sammons.

Rite Aid Corporation (NYSE: RAD) said today it expects to close its acquisition of the Brooks and Eckerd drugstore chains by the end of May, pending final regulatory approval by the Federal Trade Commission (FTC) and satisfaction of customary closing conditions.

By MARC LEVY HARRISBURG, Pa. - Rite Aid Corp. on Thursday reported a small fourth-quarter profit that missed expectations, and the nation's third-largest drugstore chain said it now expects to close its purchase of 1,850 Brooks and Eckerd stores by the end of May.

By Timothy C. Barmann, The Providence Journal, R.I. Jan. 19--Shareholders of Rite Aid Corp. yesterday overwhelmingly approved the company's acquisition of more than 1,800 Brooks and Eckerd drugstores, including 47 Brooks stores in Rhode Island.