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Rite Aid appoints Heyward Donigan as CEO

Rite Aid appoints Heyward Donigan as CEO

Rite Aid Corp. announced Monday that the board of directors has appointed Heyward Donigan as chief executive officer and a member of the board, effective immediately. As planned, John Standley will step down from his role as chief executive officer in connection with this announcement.

Walgreens to close 200 stores in the U.S.

Walgreens to close 200 stores in the U.S.

Walgreens Boots Alliance announced plans to close 200 stores in the United States as it looks to cut costs. The company said in a regulatory filing Tuesday the closings are part of its previously announced plan to trim costs by $1.5 billion in a few years. In May, the company announced plans

Fred’s to close an additional 129 stores

Fred’s to close an additional 129 stores

Fred’s Inc. announced on Friday that it will shutter another 129 retail stores, leaving it with only about 80. The move is the latest in a series of store closings (including announcements in April and May)  from the retailer, which had 568 stores in 15 states as recently as February, according to