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Rite Aid opens voting for their consumer’s favorite pharmacy team member

BY Michael Johnsen

CAMP HILL, Pa. – Rite Aid on Wednesday brought back its nationwide annual Vote for Your Favorite Pharmacy Team Member Contest to celebrate American Pharmacist Month. Through the contest, Rite Aid customers have a chance to win $2,500 in Rite Aid gift cards by nominating a favorite member of their Rite Aid pharmacy team. 
 
"American Pharmacist Month is the perfect time to celebrate the year-round efforts of our pharmacy teams as they continue to delivery excellent customer service and help our patients lead healthier lives," stated Tammy Royer, SVP pharmacy operations at Rite Aid. “We are so proud of our pharmacy team, and this program is a great way for Rite Aid and our patients to honor and recognize those who are making a difference in the communities we serve every day.”
 
Now in its twelfth year, the contest was designed to recognize Rite Aid pharmacy associates including pharmacists, pharmacy technicians, pharmacy managers, pharmacy cashiers and Wellness Ambassadors, for their commitment to providing excellent customer service.
 
From Oct. 1 through Oct. 31, customers can vote for their favorite pharmacy team member by completing a mail-in nomination form available at any Rite Aid pharmacy or online at www.riteaid.com/vote. Customers who vote will automatically be entered into a random drawing to win $2,500 in Rite Aid gift cards. One nominated pharmacy team member also will win $2,500 in Rite Aid gift cards through a random drawing. 
 
All nominated Rite Aid pharmacy team members will be recognized by Rite Aid with a Favorite Pharmacy Team Member lapel pin and a letter of commendation from Rite Aid's Chairman and CEO John Standley and EVP pharmacy Jocelyn Konrad.
 
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Meijer president departs for sporting goods company

BY Mike Troy

KATY, Texas — Academy Sports and Outdoors named former Meijer president James Kevin Symancyk to the role of president and CEO in a move that suggests the retailers private equity owners could be eyeing a public stock offering.
 
Symancyk, 43, will assume his new responsibilities on Nov. 2 when current president and CEO Rodney Faldyn steps down after 10 years with the operator of more than 200 large format, full line sporting goods stores. Symancyk joined Meijer in 2006 in a senior merchandising role and advanced quickly to become executive vice president of merchandising and marketing and then chief operating officer. He was named president in Feb. 2013. Prior to Meijer, Symancyk spent 12 years with Sam’s Club in a variety of merchandising positions.
 
"The future for Academy Sports and Outdoors is truly limitless, and I'm eager to ensure we continue offering customers convenience, a broad selection of quality products and exceptional customer service as we strive to remain the low price leader in our category,” Symacyk said. “I'm looking forward to getting to know our associates and vendors as we collaborate to become the national, regionally relevant, locally merchandised, sporting goods, outdoor and lifestyle retail store of choice."
 
Symancyck succeeds Rodney Faldyn who joined Academy in 2006 as CFO and was named president the following year. He was elevated to the role of CEO in August 2011 when the family controlled company was acquired by affiliates of Kohlberg Kravis Roberts & Co. It is possible that Symancyk will oversee the company’s initial public offering, as KKR looks to cash in on its four-year-old investment. 
 
"Academy Sports and Outdoors has had a tremendous growth trajectory during the time of our ownership. We are grateful to Rodney (Faldyn) for his innumerable contributions and leadership," Nate Taylor, Academy’s chairman of the board of managers and KKR’s head of retail for the Americas, said “J.K. (Symancyk) is an exceptional retail strategist with a strong business and financial acumen and proven track record of success. We believe that he will strengthen an already talented management team and enhance a corporate infrastructure that is well positioned for the future.”
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September same-store sales up 1.5% at Rite Aid

BY Michael Johnsen

CAMP HILL, Pa. – Rite Aid on Thursday reported a same-store sales increase of 1.5% for the four weeks ended Sept. 26. September front-end same-store sales decreased 0.1% and pharmacy same-store sales, which included an approximate 234 basis points negative impact from new generic introductions, increased 2.2%.
 
Prescription count at comparable stores decreased 0.7% over the prior-year period.
 
Total drug store sales for the four-week period increased 1.8% to $2.1 billion. Prescription sales accounted for 70.1% of drug store sales, and third party prescription sales represented 97.8% of pharmacy sales.
 
Same store sales for the 30-week period ended Sept. 26 increased 2.3% over the prior-year period. Front-end same-store sales increased 0.4% while pharmacy same-store sales increased 3.2%. Prescription count at comparable stores increased 0.7% over the prior-year period.
 
Total drug store sales for the 30-week period increased 2.3% with sales of $15.3 billion. Prescription sales represented 69.3% of total drug store sales, and third party prescription sales represented 97.8% of pharmacy sales.
 
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