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Retail
Rite Aid Foundation Donates To Folds Of Honor

Over the Memorial Day weekend, The Rite Aid Foundation announced a three-year, $6 million commitment to Folds of Honor, a nonprofit organization that provides educational scholarships to children of military service members who have been killed or seriously wounded while serving the country.

Retail
Rite Aid Adds Executives To Board Of Directors

Rite Aid’s board of directors has appointed Elizabeth Burr, who most recently served as chief innovation officer and vp/health care trend and innovation at Humana, and Katherine Quinn, who currently serves as vice chairman and chief administrative officer of U.S. Bancorp, to the company’s board.

Financials
CVS Front End Sales Gain

Sales in the front end, including general merchandise, helped CVS Health Corp. revenues gain in the fourth quarter as adjusted earnings beat analyst expectations.

Retail
CVS Acquisition Of Aetna Moves Forward

As CVS reported that the U.S. Department of Justice will allow it to proceed with its pending acquisition of Aetna, the company also added new board directors and management in anticipation of the merger closing. 

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