 |
|
|
|
 |
|||
While I couldn’t find the exact article by WSJ reporter Mark Maremont that launched Rite Aid’s (RAD) steady decline, I’m pretty sure it was around 10 years ago. (Why that amazing article can’t be found easily with a few clicks of a mouse is another problem for another day, but it shows why newspapers are [...]
Back in January, I wrote this post about Rite Aid Corporation (RAD), noting that all my neighborhood Rite Aids seemed incapable of consistently stocking mundane items like cleaning supplies and toilet paper. I referred to this phenomenon, rather snidely, as Soviet Economy Syndrome. One of these local stores was, in its former life, a pleasant, well-stocked Eckerd Drugs. I [...]
It’s been a tough week, so I’m in the mood to air my grievances as a grouchy consumer. What is the retail outlet of my discontent? Rite Aid (RAD), which filed its third quarter 10-Q Wednesday, detailing continued losses. Within a few blocks of my home in New York City, I can purchase croissants rivaling [...]
