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Key Rite Aid revenue metric falls in April

Rite Aid's revenue from established stores slipped 4 percent last month, as an earlier Easter and new generic drugs hurt sales for the nation's third largest drugstore chain. Full story

Jean Coutu shrinks stake in Rite Aid to 11.7 pct

The Jean Coutu Group said Tuesday that it has sold 72.5 million shares in Rite Aid Corp., further shrinking its stake in the drugstore chain. Full story

Analyst raises shares of Rite Aid to 'outperform'

Shares of Rite Aid Corp. soared Friday, a day after the nation's third-largest drugstore chain reported its first annual profit in six years. Full story

Movers roundup: Rite Aid, Callaway Golf

Among the stock activity stories for Friday, April 12, from AP Business News: Full story

Drugstores seeing drop in flu-related sales

The strong bump in traffic that drugstores received from a sprint-start to the flu season late last year appears to waning. Full story

Wild pursuit in Pennsylvania ends in crash

   A woman, who allegedly stole diapers from a Rite-Aid, led police on a wild, high-speed chase through suburban Philadelphia. WCAU’s Claudia Rivero reports.

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Related Photos

A Rite Aid logo is seen outside one of their stores in New York
A Rite Aid logo is seen outside one of their stores in New York

A Rite Aid sign is seen outside one of their stores in New York, April 11, 2013. Rite Aid Corp posted its second consecutive quarterly profit on Thursday, as the third-largest U.S. drugstore chain filled more prescriptions and sold more generic drugs, which carry higher profit margins. REUTERS/Sha

A woman walks into a Rite Aid store in New York
A woman walks into a Rite Aid store in New York

A woman walks into a Rite Aid store in New York, April 11, 2013. Rite Aid Corp posted its second consecutive quarterly profit on Thursday, as the third-largest U.S. drugstore chain filled more prescriptions and sold more generic drugs, which carry higher profit margins. REUTERS/Shannon Stapleton (

A shopper exits a Rite Aid store in New York
A shopper exits a Rite Aid store in New York

A shopper exits a Rite Aid store in New York in this file photo taken June 23, 2010. The third largest U.S. drugstore chain posted its second consecutive quarterly profit on Thursday, as it filled more prescriptions and sold more generic drugs, which carry higher profit margins. REUTERS/Keith Bedfo