Rite Aid Mission Statement

Rite Aid Mission Statement
"Rite Aid Corp. owns and manages retail drug stores. It operates through the Retail Pharmacy and
Pharmacy Services segments. The Retail Pharmacy segment includes branded and generic
prescription drugs, health and beauty aids, personal care products, and walk–in retail clinics. The
Pharmacy Services segment offers transparent and traditional pharmacy benefit management for
insurance companies, employers, health plans, and government employee groups" (Forbes Global
2000 List, 2000). The company was founded by Alex Grass in September 1962 and is headquartered
in Camp Hill, PA. According to Gale (2018), Rite–Aids mission is to "improve the health and
wellness of our communities through engaging experiences that provide our customers with the best
... Show more content on Helpwriting.net ...
The company was now in New York, New Jersey, Pennsylvania, Maryland, and 4 other states as far
down as North Carolina. Not even a year after the 1000th store opening Rite–Aid sales exceeded 1
billion. It was then listed in Forbes magazine as a top 500 company. They then issued a three for two
stock split. (Gale 2018)
During 1984 and 1985 Rite–Aid began to expand beyond its regular business. It purchased chains
like American auto parts, Encore books, book store in Philadelphia, and opened a grocery chain
called Super Rite. They have experimented with the word growth beyond measure. This continued
until 2003 when Grass plead guilty to two criminal counts. Mary F. Sammons was then named
president and CEO. (Gale 2018)
As of 2015 Rite–Aid was known for being the largest drug store chain on the east coast, third
nationally. They have competition throughout the nation, their main competitors are Walgreens and
CVS. Walgreens is the largest drug chain in the United States with more than 8,200 stores
nationwide. CVS however is in the lead with more than 9,600 stores throughout the United States.
Rite–Aid has roughly 3,800 stores, majority of them being on the east coast ("Who are Rite–Aids
main competitors",
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Should I Invest in Jc Penney
Should I Invest in JC Penney Nadia shelchkov Wilmington University Abstract This paper explains
and explores the financial statements of JC Penney and its four top competitors: Kohl 's, TJX, Wal–
Mart, and Target. It analyzes their net profit margin compared with industry, return on assets, return
on investment, return on equity, price–earnings ratio, inventory turnover, Beta, etc. and then
compares these variables to the other stores. This information gets analyzed from an investors point
of view and also states my opinion on investments and which company I would invest in. Should I
Invest in JC Penney JC Penney was founded in 1902 by James Cash Penney who wanted to build a
store based on what he referred to as the "Golden ... Show more content on Helpwriting.net ...
This means that JC Penney turns over their inventory 2.5 times during year. TJX turns over their
inventory 5 times during the year, in fact TJX is the only competitor whose turn over inventory
average is above the industry average. As stated in Fundamentals of Corporate Finance by Stephen
A. Ross, the Beta indicates "the amount of systematic risk present in a particular risky asset relative
to that in an average risky asset" (427). The Beta for JC Penney and TJX is above industry average–
that means that these companies would have a greater expected return. Systematic risk or market
risk is the risk that affects a large number of assets. Examples of systematic risk are inflation or
increasing the interest rate, or any uncertainties in the economy but not the company 's performance.
Unsystematic risk is the risk that mainly associated with specific companies or may be some
competitors and suppliers. The systematic risk affects the whole market and cannot be controlled by
investors. Unsystematic risk however affects the company and is controlled by the company 's
performance. When investors invest money into a company they must research all aspects of that
company so they are aware of the unsystematic risks they may encounter. JC Penney is an
unfavorable choice for investors because the company analysis indicates that the company is
unprofitable. Along with the bad financial analysis and

Strategies Used by Rite Aid Pharmacy
Leah Morris
MGMT 441
* Rite Aid Pharmacy * Headquarters: Camp Hill, Pennsylvania * CEO: John T. Standley * Mission
Statement: To be a successful chain of friendly, neighborhood drugstores. Our knowledgeable,
caring associates work together to provide a superior pharmacy experience, and offer everyday
products and services that help our valued customers lead healthier, happier lives. * NYSE, RAD,
$1.90 (Taken March 28, 2013)
Business Strategy Analysis
Rite Aid Pharmacy is positioning itself in the national drug retailer industry as a cost leadership
company. The cost leadership strategy focuses on "gaining advantages by reducing costs below
those of competitors" (Barney & Hesterly, 2012). Firms pursuing a ... Show more content on
Helpwriting.net ...
(EDER 1998) By keeping their employees training consistent and investing in the newest
technology, Rite Aid is taking steps to maintain a cost leadership strategy.
Another strategic step Rite Aid has taken is implementing the wellness + loyalty program in 2010.
This is a free program for customers that provide incentives to members who enroll based on how
many points they accumulate for prescription purchases. You are able to achieve a Fold, Silver and
Bronze level in this program. Rite Aid stated that those involved in the wellness + have higher
purchases than their non–member customers and they also achieve larger prescription retentions.
Wellness + members can also able to receive more rewards and additional savings for future
shopping trips. Rite Aid continues to add more enhancements to this program making it more
appealing to their customers. They recently added "Load2Card" which is a coupon management
program and Rite Aid is the first drug retailer to implement this program. This allows customers to
"save, manage and redeem Rite Aid and manufacturer coupons available throughout the internet via
their wellness + card" (Rite Aid 2012).
Rite Aid has also formed a strategic alliance with GNC under which they have opened over 2,100
GNC ''stores– within–Rite Aid–stores'' GNC is a leading nationwide retailer of vitamin and mineral
supplements, personal care, fitness and other health–related products. (Rite Aid 2012)

Marketing Analysis : Walgreen 's Acquisition Of Rite Aid
Jackie Sze
Finance 4610
Professor Wang
November 8, 2015
Walgreen's Acquisition of Rite–Aid
One of the biggest acquisition of the year is the mega–merger between Walgreens and Rite–Aid. In
this event, Walgreens acquired Rite–Aid for $17.2 billion split between $9.4 billion in equity ($9 a
share representing a 48% premium of the market price) and the rest in debt. This acquisition will not
only make Walgreens the largest pharmaceutical chain in the country but will also raise issues with
antitrust laws. To further understand this news, we will need to have an overview on Walgreens.
Walgreens is a pharmacy–led health and wellbeing company that started as a drugstore in Chicago
in 1901. The company grew into a multibillion dollar institution over the century through expansion
and acquisition of local drugstore chains and healthcare systems/providers. Some of the widely
recognized brands it acquired include, Duane Reade, Happy Harry's drugstore, and drugstore.com.
The company operates through three segments: Retail Pharmacy USA, Retail Pharmacy
International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment sells prescription
drugs and an assortment of general merchandise, including non–prescription drugs, beauty products,
photo finishing, seasonal merchandise, greeting cards, and convenience foods through its retail
drugstores and convenient care clinics. It also provides specialty pharmacy services; and manages
in–store clinics under the brand Healthcare Clinic.

Case Case Study : Rite Aid Corporation V. Ellen R. Levy Gray
Mariah Alvarado–Gonzales (Group 10)
Bus 80
5 November 2014
Case Brief
Case Name: Rite Aid Corporation v. Ellen R. Levy–Gray, 162 Md. App. 673, 876 A.2d 115, 2005
Md. App. LEXIS 64 (2005)
Facts: On October 25, 2000, the plaintiff, Ellen Levy–Gray visited the head of Infectious Diseases at
Mercy Medical Center, Dr. Ronald Geckler, who diagnosed her with Lyme disease. In response to
this, he then gave her a prescription for doxycycline. Because Ms. Levy–Gray was concurrently
breastfeeding her baby son, Dr. Geckler ordered her to discontinue breastfeeding until the end of her
treatment, but did not provide her with any further instructions on how to take the medication. The
prescription that Ms. Levy–Gray obtained through the defendant, Rite Aid, came packaged with a
patient package insert entitled "Rite Advice." The pamphlet enclosed instructions on how to take the
drugs including its suggestion to consume food or milk with the daily dose if an upset stomach
occurs. The "How to take this medication" section of the pamphlet explicitly stated, "Take with food
or milk if stomach upset occurs unless your doctor directs you otherwise." On October 26, 2000,
Ms. Levy–Gray consumed her first dose of the prescription solely with water. The following day,
she began to consume milk with the drug because she experienced an upset stomach. She continued
to digest large quantities of dairy products including eight to ten glasses of milk daily in order to
maintain her breast milk so that she

Cvs Marketing Development Essay example
Porter's Five Forces
Forces Grade Note
Segment Rivalry Strong The current market is divided between a few powerful competitors that can
relatively easily attract customers from one another as the switching costs are low and practical
absence of product differentiation contributes to the easy loss of market share.
Threat of Mobility Weak While the new entrants only need a relatively simple GUI and a supplier in
order to enter the market, the federal and local regulations will require significant investments prior
to any positive cash flow. Again, the differentiation is practically non–existent and the new entrants
will have to compete with financially established enterprises capitalizing on competitive advantage.
Supplier power ... Show more content on Helpwriting.net ...
The same approach was taken by CVS to the on–line sales offering the consumers user friendly
intuitive format and live customer support 24/7.
Market
The market is highly regulated and is subject to established relationships between health care
providers and PBMs. Currently the pharmaceutical retail market is divided mostly between large
chain stores such as CVS, Walgreen, Rite Aid, etc. The market is rather saturated and the
competition is strong on the part of the comparable size players as well as online retailers and
supermarkets. The industry faces personnel shortages especially in qualified pharmacists and
pharmacy technicians. In the past the industry was strictly regionally dominated with Walgreen
dominating the West, Rite Aid was strong in the South and Southeast, and CVS spread throughout
the Northeast. However, the CVS broke the balance by advancing into the Rite Aid domain in 1997
creating the nation–wide competition between the companies.
The ecommerce forced the major retailers to launch internet based services to compete with the new
entrants such as WebMD.com and Drugstore.com. The price war in the cyber space resulted in
lowering prices at the retail locations as well as shifted paradigm of in–store pharmacy assistance to
the full–blown internet–based services. New short–lived phenomena emerged in a form of
acquisitions of PBMs by the drug manufacturers in order to

J. C. Penney Company, Inc.
Case Analysis: J. C. Penney Company, Inc. Founded by James Cash Penney in 1902, J. C. Penney
Company, Inc. has grown into a major mid–level retailer with approximately 1,021 stores in 49
states and Puerto Rico. Focusing on providing goods and services for middle–income families,
Penney's competes in several segments. Although men's and women's apparel accounts for nearly
half of all sales, Penney's has a diverse portfolio including cosmetics, hair salons, home furnishings
and appliances (J. C. Penney Company, Inc., 2015). As one of the oldest retailers in America,
Penney's has recently struggled to maintain the loyalty of existing customers while attempting to
stay relevant through innovation. Penney's faced a hyper–competitive environment ... Show more
content on Helpwriting.net ...
First is their core competency of developing private brands. Some of their in–house labels are so
renowned that the general public thinks they are national brands. For instance, Worthington is
synonymous with professional women's apparel. Other private brands of note are The Arizona Jean
Company, Liz Claiborne, St. John's Bay, and a.n.a. Penney's recently launched two new labels, Belle
+ Sky targeting millennials and Boutique+ for plus–size women (J. C. Penney Company, Inc.,
2016). Next is omnichannel integration. Penney's capitalized on their experience fulfilling catalog
orders to maximize their customers' shopping opportunities. In–store inventories, online purchases,
and mobile apps are all seamlessly integrated. Items purchased online can often be picked up the
same day in the local store; over a third of these transactions result in an additional sale during pick–
up (J. C. Penney Company, Inc., 2016). The JCP app will send mobile alerts when subscribers are in
stores, notifying customers of relevant sales and coupons. Items shipped to the home can be
returned or exchanged at any Penney's

Walgreen Company Case Study
Based on the tables above, the company consisting of the shortest cash–to–cash cycle is Walgreen
Company. On the contrary, the longest cycle is contained by Rite Aid. Therefore, there is a leaner
operation in Walgreen compared to both CVS and Rite companies. When compared to the two
companies, Walgreen is less liquid. Due to the reduced period of cash–to–cash cycle, there is more
operating investment in disposal to be used in Walgreen when compared to CVS and Rite. By
considering cash–to–cash cycle, the best performing company is Walgreen, followed by CVS and
finally Rite Aid.
The highest return on assets from the tables above is 23.8%, which belongs to Rite Aid. CVS
follows with 6.25%, and lastly, Walgreen has 5.20%. Therefore, the most rewarding assets belong to
Rite since they achieve a higher return on investment compared to the other two companies. Out of
the three companies, Walgreen has assets with the lowest returns on investment. Basing return on
assets results, Rite Aid has the best performance, followed by CVS and finally Walgreen Company.
The highest probability is that Rite Aid knows how to utilize its resources to the optimum to achieve
quality results. ... Show more content on Helpwriting.net ...
If CVS were to start operating on a lean philosophy, various processes would become faster, e.g.,
order–to–cash–receipt process. This would, in turn, speed up activities such as invoicing process,
response to overdue bills and the billing errors would be minimized (Oliveira & Fernandes, 2017).
Reduction in cycle time and error rates would avail more cash for paying suppliers as well as
redeployment of the business. Consequently, inventory levels would reduce while the turnover
would increase. A speeder cash collection would also be achieved with shorter cash–to–cash cycle.
Therefore, it would be better for CVS to operate

Summary: Du Due To Rite Aid
Due to this specific Rite Aid selling alcoholic beer and wine, a permit and/or license must be applied
for and fees paid. The permit/license must be placed in a conspicuous place inside the store. Every
employee must follow state regulations when it comes to the selling of alcohol to anyone under the
age of 21. Violation of this can result in having the license/permit revoked. In the town of Mt.
Pleasant, South Carolina no alcoholic beer or wine shall be sold between 2am and 6am Monday
through Saturday. This specific Rite Aid is not open during those hours, but it is noted.
This Rite Aid also sells tobacco products and must meet federal regulations when it comes to the
selling of these products to minors under the age of 18 years of age. Failure can result in a federal
fine of up $200 for the first offense. ... Show more content on Helpwriting.net ...
These include one of the most important being the Health Insurance Portability and Accountability
Act or HIPAA of 1996. This act ensures that patient privacy and security standards are in place for
distribution and access of that information. All employees, not just those in the pharmacy must do
their best to protect their patient's information. HIPAA information is available to all patients at their
request. There are many other federal regulations that the pharmacy must adhere to that are
established by the U.S. Food & Drug Administration. Pharmacists must adhere to all laws and
regulations by the state of South Carolina and the Federal government in the dispensing and selling
of medication and controlled substances. The state law takes precedence over all other federal

Rite Aid Vs Walgreens
In this discussion, the research of the websites that align with Rite Aid and Walgreens Boots
Alliance will be evaluated by its effectiveness of each website as it relates to their association with
these organizations. In addition, we will identify specific areas where those websites could better
serve your needs. In this discussion, we learn how Rite Aid brand Daylogic works well with
Johnson and Johnson Neutrogena, and how Walgreens elicits a response from consumers (Nassar,
2007).
The Rite Aid Corporation has under its governance what is called a Senior Vice President of
Category Management and Merchandising, the operation of this team is ensure corporate
partnership enables to work with the Rite Aid Corporation to get their products in the store (Rite
Aid, 2018). The firm has over 400 supplier's partners in which they in which they call their program
the "move forward together," (Rite Aid, 2018). Senior Vice President of Marketing John Learish
announced that Rite Aid would present themselves as an independent firm specializing the
experience of their customer in the coming years (Rite Aid, 2018). In addition, let us consider a
partnership ... Show more content on Helpwriting.net ...
The products fall under the category of "Wellness and Beauty" aids (Rite Aid, 2018). The
Neutrogena website is designed with warm colors, that elicits an emotional response of serenity for
the female consumer, as well a "no nonsense" but "personal sensitivity" that a female needs her
space and privacy (Johnson

Jcpenney Case Analysis
JC Penney's market share is currently at an all–time low. On December 8 of 2016, the company's
share's market value was $10.56 and currently, the share's market value is $2.66. Which is roughly a
75% decrease of $7.90. Investors predict the stock will continue to diminish in value. As a result of
slow–moving inventory, JC Penney closed down 138 stores on April 17, which is around 13 percent
of their store portfolio. The CEO stated changes were made to accelerate inventory liquidation
across apparel divisions, to increase investment opportunities in areas like appliances, to cover
Sears' absence. While liquidating inventory will increase store sales, investors believe Penney's
profits will decline by roughly 50 cents per share. JC Penney

CVS Marketing Development Essays
Porter's Five Forces Forces Grade Note Segment Rivalry Strong The current market is divided
between a few powerful competitors that can relatively easily attract customers from one another as
the switching costs are low and practical absence of product differentiation contributes to the easy
loss of market share. Threat of Mobility Weak While the new entrants only need a relatively simple
GUI and a supplier in order to enter the market, the federal and local regulations will require
significant investments prior to any positive cash flow. Again, the differentiation is practically non–
existent and the new entrants will have to compete with financially established enterprises
capitalizing on competitive advantage. Supplier power ... Show more content on Helpwriting.net ...
The firm employs about 190,000 people and boasts the 20 million strong consumer base with
projected growth 3.5 million within the next three years. The firm's Price–to–Earnings Ratio (P/E)
of about 21 is higher than P/Es of its primary competitors. Hence, CVS reported 21 bps increase and
the total gain of $68 million in the last year. At the same time, the forward earning on the CVS stock
yielded over 9.3% allowing the firm easily meets its dividend obligations. The EPS proves that the
stock has been performing well at over 30%. The revenue has been growing at 15.7% per year
during the last three years compare to 14.2% revenue growth within the industry. This stock's
forward earnings yield of 7.41% is the annual return it would generate if its profits remained fixed
and it paid out all of its earnings as dividends. This is normal compared with the earnings yields of
other stocks in the industry, and is healthy in absolute terms. Finally, most companies in the industry
have generated very low returns on assets over the past five years. CVS has posted results that are
about average for the industry, though its ROA over the most recent 12 months was very high.
Porter's Generic Strategies Provided the CVS position in the market, it is clearly pursuing the low–
cost leadership strategy. The company offers the same goods or, sometimes,

J. C. Penney's Financial Analysis
J.C. Penney's financials display fallen revenue of nearly twenty–seven percent since 2012, with its
lowest revenue reported in 2014. The company has also reported a net loss since 2012, including
losses of over 1.27 billion dollars in 2014. Moreover, J.C. Penney's earnings per–share has been
negative, which indicates how much money the company lost per share of outstanding stock.
Additionally, from 2012 to 2016, J.C. Penney's book value per–share has decreased by seventy–
three percent. This indicates that investors' evaluation on the price of the company's common stock
has become more pessimistic. More importantly, J.C. Penney has not paid dividends since 2013.
Eliminating paying dividends to shareholders is a clear indication that the ... Show more content on
Helpwriting.net ...
Penney human resource department has implemented programs to help its employees and maintain
the company's stability. For example, one of the key factors that helps J.C. Penney maintain its
position today is its global supply chain. J.C. Penney prides itself on being one of the largest
purchasers of apparel, which it achieves by maintaining a diverse supplier base. The company
manages this operation through its home office in Plano, Texas, its design studio in New York City,
eleven quality assurance offices throughout the globe, and nine international buying offices. More
than nine hundred fifty factories were used in thirty–two countries for the J.C. Penney private
brands production in 2014. J.C. Penney's success is based on having to build and sustain strong
relationships with their suppliers. J.C. Penney holds their suppliers to high standards in order to
maintain a business relationship. However, J.C. Penney helps improve its suppliers' social and
environmental standards by providing increased support, targeted auditing, and training, which will
provide suppliers the ability to develop and raise their own standards. In addition, J.C. Penney
receives various supplies and products internationally including: accessories, apparel, footwear,
furniture, and much more. Moreover, J.C. Penney operates internationally from Canada to Taiwan,
and many in–between (JCPenney,

Jc Penny's New Image Summary
In the article JC Penny's New Image: Why the Re–Branding Will be Successful, the author focuses
on how JC Penny is changing it's way of marketing. Former Apple employee Ron Johnson, became
the CEO of JC Penny, and had many ideas for how to rebrand the company. He changed the way JC
Penny promotes products, simplified the pricing, the presentation of the company, the retail setting,
and the personality of the store. Johnson reduced the number of promotions a year from over 590 to
12. In addition, Johnson created a 3–tier pricing system. In this system, the first tier is the everyday
low price, the second tier is month long sale items, and the third tier is the "best price" discount,
which occurs on every first and third Friday of the month. ... Show more content on Helpwriting.net
...
Also, the presentation will be minimalistic, using focused and simplified images and accented colors
in photographs to put the emphasis on the products. The retail setting, or the store itself, had a
makeover as well. The layout and organization changed. The services and now at the center and the
products are at the perimeter of a store, as well as the products being put into "shops" with certain
brand names in each "shop". The personality will change, mostly because of the new framed logo.
With all of these changes, the quality will stay the same, if not even better, and there will be an
increase of over 100 new brands into the store. These changes are crucial to JC Penny to keep the
store in business. I have learned that if you do not change your business with the times or fads,
people will lose interest and you will slowly start to lose customers and money, and eventually your
whole business. Also, with the right changes, your business can last for a long time and stay popular.
Examples of this are Facebook, JC Penny, and Apple. This has also taught a great lesson; to not be
afraid of change. Changes can be good and helpful to you as a person, to your job and business, and
to your

Walgreens Company Analysis and Integration Strategy Essay
Analysis of Walgreens
By: Robert Antioho
Christopher Bennington
Andrew Graeff
Jordan Lenz
Jacob Wyand
Chapter 1: Company Background and Mission Chapter 1: Company Background and Mission
Walgreen Co.
Introduction:
Walgreen Co. (Walgreens) and its subsidiaries operate a drugstore chain in the United States. "The
Company provides its customers with multichannel access to consumer goods and services, and
pharmacy, health and wellness services in communities across America" (Walgreen Company). The
firm currently operates two mail–order facilities and has 7,752 retail drug stores located across all
50 US states, Guam, Puerto Rico, and the District of Columbia (Walgreens). Prescription drugs
account ... Show more content on Helpwriting.net ...
Ethical Issues:
While Walgreens is exposed to all the general ethical conundrums of the business world, the highly
regulated "Pharmacies and Drug Stores" industry does not give much room for them to act
unethically.
Recent Events:
Placed within an industry being pressured by reimbursement rates, plagued by market saturation,
and in constant fear of government legislation, Walgreens is trying to pursue new avenues to
promote company growth. In order to promote market share growth in New York, Walgreens
acquired the drugstore chain Duane Reade in 2010 (WAG to Acquire NY Institution Duane Reade,
2010). Walgreens also recently expanded their online presence in May of 2011 with the acquisition
of drugstore.com (Walgreens Co.). While Walgreens also focuses on traditional organic store
growth, these actions exemplify their large focus on promoting company growth through new
avenues.
Along with the positive growth related developments, Walgreens is being faced with large industry
pressures. Walgreens is currently in a public dispute with the PBM company Express Scripts. In a

June 21, 2011 press release, Walgreens stated that "contract renewal negotiations with pharmacy
benefit manager Express Scripts, Inc. (NASDAQ:ESRX) have been unsuccessful, and as a result

Essay on Rite Aid
Rite Aid
Rite Aid is a retail drugstore chain that believes in quality. They operate over 3,800 drugstores in 30
eastern states. Rite Aid offers health and personal care products, office supplies, cosmetics, seasonal
merchandise, a variety of brand names, and a private label product line. Many of their stores also
offer additional services such as one ? hour photo, fax and copying services, 24 hour stores,
information lines, drive through windows, and natural health centers. My expectations of Rite Aid
were very optimistic. I knew from experience that Rite Aid was a good place to have your
prescriptions filled and you did not have to wait very long. I expected them to treat me and other
customers with courtesy. I like a ... Show more content on Helpwriting.net ...
I wanted to see how they would honestly treat me so I walked around as though I could not find
what I needed. An employee was quick to ask if I needed help. She assisted me in finding what I
needed and was very kind and friendly in doing so. I noticed that all customers were receiving the
same treatment and seemed just as satisfied as I was. Rite Aid apparently has good prices
considering they always have a sales paper out and they are always packed. Customers were not just
browsing but buying. While at Rite Aid I noticed that most of their customers were middle ?aged
and older. Rite Aid has a variety of products from toys for children to alcoholic beverages for adults.
I was amazed at how many products they did carry. I noticed that Rite Aid offers all named brand
products in home medical care, and they even offer generic brand drugs at the pharmacy. It was
obvious that most customers were there for the pharmacy but this allowed them time shop while
waiting. I felt as though the customer?s needs were put first. The pharmacist even spoke with every
customer that was receiving medicine and informed them about their prescription so they would be
able to take it properly. When it came time for me to check out I had to wait in line for only a
second, nothing compared to Wal–Mart. I was very impressed with the cashier and thought she was
very patient and friendly. The other customers were treated this way as well. I would

Wal Penney And. Penney & Co.
Background In this page we will be discussing the direct business, recent performance, customers,
and competitors of JCPenney. JCPenney is one of the largest apparel and home furnishing retail
store whose vision statement is "America's Store." They dedicate themselves to fitting the diversity
of America through their style, quality and value. Across all their stores and at jcpenney.com,
customers will discover a mass variety of products from their private label to national labels.
The Business:
JC Penney was founded in 1902 by James Cash Penney and William Henry McManus in Kemmerer,
Wyoming. JC Penney & Co. was founded in 1902 by James Cash Penney and William Henry
McManus. The original name of the store was The Golden Rule. The name itself set the standards
by which the company operated and continues to operate today. By 1912 there were 34 Golden Rule
stores, but the following year the name was changed to JC Penney. In two years, from 1915 to 1917,
the company grew from 83 stores to 175. This expansion made it the second–biggest retailer in the
country by 1970.During the postwar economic boom of the 50s and 60s, many Americans moved to
suburbs, and so did JC Penney. It took advantage of the retail space offered by the boom in shopping
malls and became the anchor store in them. Today, most JC Penney stores are located in suburban
shopping malls. Recently the chain has been following a retailing trend in opening standalone
stores.
Recent Performance:
The company is an

The Importance Of A Rite Aid
I can't remember the last time I visited a Rite Aid, so when I drove by one today, I had to turn
around and take a look around. After promising the kids that I'd be right back (that really means pull
out your video game devices and have good time). I planned to do a little personal comparison to
my local CVS and Wallgreens. My plan was to look around, not shop, but when I found two sister
polishes to my Revlon Holo Pearl, I couldn't pass them up. Revlon's top coat effects 'Pink Glaze'
and 'Gold Glaze'. Pink Glaze Gold Glaze I was so impressed with Revlon's 'Holo Pearl' that I
couldn't resist the other two. I didnt expect them to live up to the same standard as the 'Holo Pearl',
however, simply because they

Swot
SWOT Analysis
Rickie Lieu
MGMT303: Principles of Management
DeVry University
November 16, 2014
CVS/PHARMACY SWOT ANALYSIS
In 1963 the Consumer Value Store (CVS) was built for your health and beauty needs, in Lowell,
Massachusetts by brothers Stanley and Sidney Goldstein and partner Ralph Hoagland. Through the
next few years CVS started to grow and in 1967 pharmacies were being added to CVS's in Warwick
and Cumberland, Rhode Island (RI). After buying several small chain drug stores in the early 1970's
around the surrounding areas/states, CVS created small chain stores in shopping malls. In 1981,
CVS broke ground on the Store Support Center in Woonsocket, RI. In 1988 CVS celebrated their
25th anniversary with a total of 750 stores. ... Show more content on Helpwriting.net ...
To help prevent this in the future, the pharmacist and techs should follow the rules and regulations
when processing the refills through both Medicaid and Caremark insurances like they are supposed
to.
In order to continue growing you need opportunities with your company that will help make your
company grow. The best way to do that is by throwing your company into your community, and that
is exactly what CVS did as a company. CVS has a Project Health Expansion, which originally was
free health screenings at local CVS's in multicultural communities. What started earlier this year,
CVS/Pharmacy expanded on free health screenings in several of their locations in multicultural
communities with uninsured and underinsured patrons. They will have 1,000 more opportunities for
free health screenings. This project health expansion is part of the company's efforts to improve the
access to health and ensure that the cost is not a barrier to preventative services. It is an opportunity
because CVS can not only give free health screenings to the uninsured or underinsured, but can also
get their name out there more for their help with the health of others. This helps the community be
aware of their health situations without the burden of expensive doctor's visits because you don't
have insurance or your insurance is terrible.
The biggest opportunity any company has is their social responsibility to the community. CVS has a
social responsibility to the community and the

Rite Aid Benefits
In middle school, everyone should have a future career in mind. I would love to be a pharmacist
sometime in the future. Allowing me to visit Rite Aid would benefit both parts. If I am given the
opportunity to visit Rite Aid, it would give me experience. Obviously I won't catch on right away,
but visiting could really help me to get a better understanding of the job. It would expose me to what
I am going to have to deal with, so I won't be caught so off guard on my first day. It would be good
experience to let me visit Rite Aid. Visiting Rite Aid will improve the company's reputation in the
community. People will see that they are helping out the youth and respect them for it. Also, if other
kids see this happening, they will want to visit

Rite Aid Vs Walgreens
How important is a "support system" to Rite Aid/Walgreens; there are a few differences between
both companies, however, those differences set them apart in policy (Nassar, 2007). In this
discussion, we learn how Rite Aid and Walgreens differs in the empowers their staff, secondly, from
empirical an eyewitness of a corporate merger and buy up one learns of immediate changes that will
be shared in this paper (Nassar, 2007). Lastly, we'll take a closer look at the support that Walgreens
offers their staff management and otherwise (Nassar, 2007).
What is a "support system" in short, facilitation program that enable the staff on how to perform
their duties according to policy, duplication of the firm, on a macro level (Nassar, 2007);
furthermore, ... Show more content on Helpwriting.net ...
The firm believes in fostering a foundation of trust with their members, they weigh heavily on
human effergy as the production of the firm's success not to say that products and drug distribution
are not a priority (Walgreens Boots Alliance, 2018). Walgreens seeks to recruit the best associates,
however, unlike Rite Aid, they hire more associates to run the stores to keep stock on the shelf and
customer needs satisfied (Walgreens Boots Alliance, 2018). During a discussion this year in 2018
with a Rite Aid's store manager in Nashville, Tennessee (now a 40–year veteran the pharmacy
industry) openly discussed his empirical experience as a manager experiencing a merger with
Eckerd's and Rite Aid (Nassar, 2007). He recalled the difference in support, wages and staff had
changed dramatically (Nassar, 20070. The Eckerd's Corporation had a very good support system,
paid hourly wages of up to $18 dollars and had a reasonable amount of staff on hand, however,
when Rite Aid bought out Brooks Eckerd Corporation in Tennessee he explained that Rite Aid
poured in a flood of do's and don'ts, reduce pay from $18 dollars an hour to $12, and lost a majority
of staff due to the wage

Distribution Of Rite Aid Pharmacy
Rite Aid Pharmacy is aiming to make itself as a cost leadership company in the national drug
retailer industry. The cost leadership strategy focuses on focuses on lower cost and differentiation
than their competitors (Barney & Hesterly, 2012). Businesses using the cost leadership strategy
focuses on making lower prices and can still make a satisfactory profit. The cost leadership can
charge a lower price but can still make about the same amount of profit with its competitors. Rite
Aid has been successful in implementing this strategy. In 2006, Rite Aid introduced their retailer
annual Management conference and Trade Fair known as "Build Our Business" or "BOB" to more
than 15,000 stores, employees and main managers. "BOB" was portrayed by ... Show more content
on Helpwriting.net ...
One of the sessions during the conference included speakers such as Phil McGraw and TV 's Dr.
Phil trying to teach Rite Aid employees on what makes people successful in business and life. On
the second day of the conference, Sammons revealed her dream of a new store model that was
"aligned with health & wellness and makes the pharmacy the star of the store." Rite Aid had a new
marketing theme, "With Us. It 's Personal," (Rite Aid 2012) This consisted of a more welcoming
corner entrance in the store as well as change to the exterior of the store to look warmer and
included a covered drive through pharmacy.
The interior of the pharmacy was to include wider aisles and nicer waiting areas for customers. At
the end of the conference, Sammons reiterated Rite Aid's six goals: "Marketing, merchandising and
communications programs supporting its health & wellness positioning; Hiring, training and
retaining quality store associates; Optimizing the chain 's infrastructure; Unveiling a new store
prototype; Rationalizing the store base; and, Pursuing growth opportunities" (Longo 2004). Rite Aid
continues to value the importance of customer service and puts programs in place to stress the
importance of greeting customers and assisting them with their purchases. Rite Aid recently
implemented new technology to help employees perform tasks faster and easier which

Rite Aid Swot Analysis Paper
Rite Aid Corporate SWOT Analysis
Efren Nolasco
DeVry University
Kevin Hagans
Management 303 Rite Aid History Rite Aid history starts in 1958 with Alex Grass with Rack Rite
Distributors Inc.as a subsidiary of Lehrman & Sons. In 1962 they opened up their first store as
"Thrift D Discount Center" in Scranton, Pennsylvania offering beauty care and pharmaceutical
items: "Thrift D Discount Center" far exceeded revenue expectations. The next few years the stores
expanded, "Thrift D Discount Center" was also renamed "Rite Aid Corp." in 1968 and opened
publicly in the New Your Stock Exchange in 1970 (Central Penn Business Journal, 2010). By 1983
Rite Aid reached a benchmark of $1 billion in sales and under Martin Grass, Chairman and CEO, ...
Show more content on Helpwriting.net ...
Changes are not seen every decade, but ever year or months at times: relevance, speed and costs are
what to focus on. Making health services easier to access and communicate with the retiring Baby
Boomers and new generations will be the most effective way to keep and bring in new opportunities
for growth. Rite Aid's new Wellness + program is to make health care service more personal, then
why not take it a step further from the competition and bring it home, if not by deliver, by
communication. Overhauling corporate and production to meet public expectation of work ethics,
diversity and to meet stock holder expectations in showing intent of long term improvement is the
other half of an opportunity to take advantage of. We live in a time where life and comfort
outweighs making money, from a public standpoint. Rearranging and training to seem like a
company that is personal and cares about your wellbeing instead of just another customer will be the
other factor, besides going international. This level of personal treatment will set Rite Aid apart
from the competitors and with time convince potential friends to transfer over to Rite

Employee Screening: Rite Aid Pharmacy
A, Employee Screening
Record and background checks are performed on all new employees and applicants. Drug screening
for applicants and employees are also performed. Specifics as to who performs all these checks and
screening, and what is checked or screened were not provided due to security concerns. Promoting
from within is highly encouraged at Rite Aid pharmacy with many employees trained and promoted
to supervisors and managers. B. Theft Control
The internal theft control of Rite Aid pharmacy is a high priority. Specifics where not given due to
security concerns but was told that procedures are in place and are also enforced and audited. There
is a lost prevention manager that is assigned to each district that is in charge of theft both ... Show
more content on Helpwriting.net ...
In the pharmacy, paperwork or handouts with patient information is given to each patient with their
medication. This paperwork includes their name, address, phone number, medication, insurance
information. After a patient leaves the pharmacy counter, they may go into the public bathroom
located in the store and throw out that information. A large garbage can is located right outside the
front door of the store as well. Every public trash can in the store and just outside the store is labels
with a sticker saying that the trash can is public, and personal information such as pharmacy
handouts should not be placed in them. This does not stop patients from throwing out their
handouts. Rite Aid cannot be held responsible for any identity theft that may occur due to the
negligence of a patient and how they dispose of their handouts.
Anyone that is picking up controlled medication must show a government issued ID per South
Carolina state law. The name of the person picking up the medication, ID number and expiration
date of the ID are written on the HIPPA release information that is printed out and signed by that
person. This release form is then scanned into the computer and linked to that specific prescription
number. Issues or discrepancies as to who and when that specific prescription was pick up can then
be looked at with the help of a program loaded onto the pharmacy computers.
Credit card

The Union Of The Rite Aid Chain
Alex Grass founded the Rite Aid chain in Scranton, Pennsylvania in September 1962 as a health and
beauty store, originally called Thrift D Discount Center. Grass was an attorney and came into
retailing on accident. Grass grew up in a family that struggled with money throughout their lives. He
grew up during the Depression, so his family went through a lot of tough times. Grass attended The
University of Florida Law School and then went on to marry into a wealthy family. Soon he went to
work for his father–in–laws grocery distribution company where he served as chairman and chief
executive officer. As Grass was working for this company, he noticed the scarcity of health and
beauty stores so he decided to open his first store specializing in ... Show more content on
Helpwriting.net ...
During this same year, Rite Aid gained pharmacy benefits manager PCS Health Systems. In 2007,
Rite Aid merged with with Brooks Eckerd Pharmacy and added over 1,500 stores. In 2015, it
obtained pharmacy benefits manager Envision Pharmaceutical Services for around two billion
dollars.
Rite–Aid has an extensive history of store expansions. Throughout the first ten years of store
openings, Rite Aid had expanded to two–hundred and sixty–seven locations over a span of ten
states. In 1983, the company received one billion dollars in sales. In 1987, Rite Aid gained Gray
Drugs, which increased their store locations to four hundred twenty across eleven states. Eventually,
Rite Aid would become the biggest drugstore chain within the United States, with over two
thousand stores total. Rite Aid continued to grow after that, once again increasing how many stores
they had to around four thousand after several more acquisitions. Some of theses acquisitions
included Read's Drug Store, Hook's Drug store, Lane Drug store, Harco, and Perry Drug Store
(which had two hundred twenty four stores), and Thrifty PayLess (which had a total of one thousand
stores). The Thrifty PayLess acquisition included the Bi–Mart membership discount store chain,
which Rite Aid ended up selling in 1998 gaining more profits.
Rite Aid has been around for many years and has accumulated many strengths,

The Distribution Of Rite Aid Essay
According to Rite–Aid history, the federal legislation in 1962 had a fixed minimum retail pricing on
products in the retail industry. In 1962, Alex Grass, Rite–Aid's founder and CEO, has opened the
first discount drugstore in Scranton, PA under the name Thrif D Discount Center. By 1965, their
company has expanded quickly by opening five new locations in the Northeast. Around 1968, Rite–
Aid corporation became official with the company's first public offering the American Stock
Exchange, then by the 70's they had moved to the New York Stock Exchange. With multiple
acquisitions with smaller regional chains in the Northeast, Rite–Aid grew to over 267 stores in ten
states within a decade. Even the middle east oil embargo and slow economic growth the persistent
recession of the mid 70's had slowed the company's momentum. By 1981, the company became the
third largest retail pharmacy in the nation. They surpassed the $1 billion sales mark. Rite–Aid's
growth continued through the 80's and 90's which culminating in 1995 with acquisition of 224 Perry
Drug Stores, bringing its total number of stores over 3,000. With a strong market presence, the
company decided to expanded their services in the west through acquisition of Thrifty Payless
Holdings, Inc. within 1996. With a 1,000 store acquisition and the acquisition of two large firms on
the Golf Coast which provided the company with a strong market. As of March, Rite–Aid has been
operating 3,623 retail drugstores. Rite–Aid had

Jcpenney Company Analysis Essay examples
|JC Penney Case Analysis | | | |Strategic Management Graduate School of Management | |Southern
Nazarene University | | | |4/27/2009 | | | |Sharis Atkins ... Show more content on Helpwriting.net ...
As of January 30, 2009, the Company had cash and short–term investments of $1.9 billion and
long–term debt of $3.7 billion, including current maturities of approximately $200 million. Capital
expenditures for the first quarter were $269 million, in line with expectations, with the majority of
spending related to the construction of new stores and the renovation of existing stores.
Merchandise inventories ended the quarter at $3.7 billion, reflecting increases associated with 54
new stores opened since last year's first quarter. Physical & Organizational The organizations chain
of about 1,090 JC Penney department stores in the US and Puerto Rico has found itself squeezed
between upscale competitors and major discounters. With approximately 155,000 associates
nationwide, JC Penney created a winning together culture with a customer–focused team of engaged
professionals who reflect the diverse communities we serve. We offer style and quality at smart
prices, providing a selection of good/better/best merchandise that reflects the lifestyles of our
customers. Spanning family apparel, home furnishings, fine jewelry, footwear, accessories and
beauty, customers can choose from an array of merchandise available across our three integrated
shopping channels: stores, jcp.com and catalog. JC Penney created the JC Penney Afterschool Fund,
a charitable organization committed to

J. C. Peny Store Case Study Statement
Introduction The focus of this study will be centered on one of the biggest names in American retail.
The department store chain of interest for this case study was established in 1902 by a high school
graduate (The Editors of Encyclopedia Britannica, n.d.). Accordingly, the rudimentary thesis of this
study will be for us to address distinct elements of this company's pricing strategy. That, the new
Chief Executive Officer (CEO) introduced as a tactic for surpassing the competitors of this
particular retail giant. At the same time, this is basically about arranging the company in the best
possible position for responding to the needs of likely consumers, as well as, distinguishing this
company from other department store chains. Initially, ... Show more content on Helpwriting.net ...
Penney Corporation (The Editors of Encyclopedia Britannica, 2018). From 1913 to 1924 the store
was entitled the J.C. Penney Stores Company, until the corporation embraced its new name in 1968.
In the early 2000's the company managed approximately 1,000 stores within the U.S. and Puerto
Rico, with its headquarters located in Plano, Texas. The company has been publicly traded on the
New Stock Exchange since 1927. Similar to its competitors such as: Kohl's, Wal–Mart, and Target,
this department store chain is fundamentally focused on the retailing of family clothing, jewelry,
cosmetics, and cookware. Conversely, in 2006 J.C. Penney revealed its new partnership with the
cosmetic chain Sephora. "In 2008 it launched the American Living brand, a line of clothing,
accessories, and home decor developed by the American fashion designer Ralph Lauren (The
Editors of Encyclopedia Britannica, n.d.)." Now that we have learned a little bit about the
background of J.C. Penney. Let us further broaden this report by becoming acquainted with one of
this corporation's former CEO's and recount his pricing

Swot Analysis Of Penney Corporation Inc.
J.C. Penney Corporation, Inc., is an American retail company that is founded by James Cash Penny
in 1902 and its business is mainly in men, woman and kids clothing, jewelry, cosmetics, home needs
like furnishings, cookware etc. Penny called his first stores as "The Golden Rules" which was the
foundation of his business. The headquarters of the company are located in Plano, Texas. At present
this company is called as J.C. Penney Co. and is operating in 1104 stores through out the United
States and Puerto Rico. Myron Ullman is the present CEO of the Company.
Mission and Vision of J.C. Penny Co.
The Company is now partner with Sephora and also launched the brand named, American Living
developed by Ralph Lauren. It now owns around 100 brands like Linden street home furnishings,
many brands in clothing line and sells a variety of products and product lines. From 2010, online
sales of the company increased by adding significant revenue to the company and also to stay
competitive in the present e–commerce market. The main Philosophy and the Mission statement of
the company are golden rule and the 8 winning principles that the employees of the organization
follow. The 8 winning principles of the company are Associates, Integrity, Performance,
Recognition, Teamwork, Quality, Innovation and Community. Their mission is to Work and win
together to achieve superior performance. The vision of the company is "To be our customer 's first
choice for affordable fashion and quality as we

Walgreens vs Cvs Accounting
ACC 501 Summary: CVS Caremark and Walgreens Co. are both free–standing pharmacies and
stores (drug–retail). Both CVS Caremark Corporation and Walgreen Co. provide prescriptions and
healthcare services (including nonprescription and OTC drugs), and general merchandise in the
United States. Both offer walk–in clinic services, photo development, as well as basic grocery
options. CVS has approximately 7,001 stores across 45 states and Puerto Rico (the second largest to
Walgreen Co. in the US), and was founded in Massachusetts in 1963. Walgreens operates in all 50
states with about 7,034 stores in the US, the District of Columbia and Puerto Rico. Walgreens was
founded in Chicago, IL in 1901 and has since expanded. Ratios + Comments: ... Show more content
on Helpwriting.net ...
Keep in mind ROE equals ROA multiplied by Leverage (Assets/Equity). This being said CVS's
drastic downward jump can be explained not by its ROA (it stays fairly constant as we saw
previously) but instead by it's leverage. CVS greatly increased the amount of debt used to finance
business operations between the years 2006 and 2007 jumping from around $9,900 to $31,000. Why
CVS made this decision exactly is unknown. Walgreen's total equity climbed at a constant rate by
about a $1000 per year starting at about $9,000 in 2005 to $12,000 in 2008. | | |CVS | |Walgreen
|Industry | |Ratio |Year |Caremark | |Co. |Average | |Debt |2008 |19.28% | |6.52% |1.5 | | |2007 |19.16%
| |6.32% | | | |2006 |24.59% | |3.59% | | | |2005 |14.32% | |2.60% | | | |2004 |19.54% | |2.08% | The debt
ratio explains the amount of debt maintained by both respective companies, and represents the
amount of debt used by the company to finance business operations and is

Penney 's : The Ullman Era Essay
J.C. Penney's as a corporation has struggled to maintain a consistent brand, identify with their target
audience and change to meet consumer needs.
J.C. Penney's between 2004–2009: The Ullman Era
In the early Millennium, between 2004–2009 CEO Mike Ullman started J.C. Penney on a trend that
would lead to their massive debt and near failure in 2012. Ullman's leadership started strong, "For
three years, Ullman was hailed as the man who was remaking a legendary retail brand. Not rescuing
it. Not saving it. Just remaking it. Making it more nimble. More hip. Not your mom's department
store. Not any more. Now it was the department store of the future. Sephora, Mango and Liz
Claiborne," (Guinto, 2011). Ullman was known for reimaging brands and gave J.C. Penney a
seemingly bright future with strong brand partnerships they are still known for such as Sephora and
Liz Claiborne.
Segmenting into brand boutiques One of Ullman's grandest ideas was to turn the department store
into more of a brand boutique. He brought, "some of the best–known, best–respected, priciest
brands in the world under his direction. At J.C. Penney, he inherited some of the biggest store–
owned or, as they are called, "private label," brands in the business. Arizona. Worthington. St.John's
Bay. On their own, any of those would be a billion–dollar business," (Guinto, 2011). The idea being
to play up each of these billion–dollar brand within the store making J.C. Penney's the consumers
one stop shop for the

Jcpenney Swot Analysis
Introduction J.C. Penney is a chain of mid–range department stores selling a comprehensive
selection of elements, including apparel, home furnishings, jewelry, cosmetics and cookware. It
operates 1,020 stores in 49 states and Puerto Rico and has an online presence at www.jcpenney.com.
History J.C. Penney was originally founded in 1902 by James Cash Penney in Kemmerer,
Wyoming. He started out by working for two gentlemen, Thomas Callahan and Guy Johnson, who
owned the Golden Rule dry–goods stores in Colorado and Wyoming. J.C. Penney quickly moved up
the ranks, from clerk to sales, then up to manager and partner. By 1907, Callahan and Johnson sold
their shares to Penney and he incorporated the chain under the J.C. Penney Company name in 1913,
... Show more content on Helpwriting.net ...
Penney Company, Inc. needs to constantly be aware of and actively engaged in reducing or
eliminating. Competitors like Target don't offer coupons, so J.C. Penney can challenge them by
offering them. Macy's does offer coupons, but they also offer mostly designer merchandise and
higher prices the most families are not shopping for. Offering coupons will allow them to leave the
"Everyday Low Prices" to Walmart therefore decreasing competition from that direction. J.C.
Penney has be the subject of many recent articles shedding bad publicity on their business.
Therefore, the company should be especially careful importing goods from foreign countries, which
could be engaged in substandard labor practices or even human rights violations. The company
additionally needs to find ways to shed a positive light on their company, through an increase in
social responsibility endeavors. In closing, J.C. Penney Company, Inc. is not a company on the
brink of extinction. It simply needs to figure out the right 20% to change. Companies need to
change, they just can't change too much all at once, and they need to change the right things. Even
Moody's Investors Service revised the company's rating outlook up to positive from stable. It's
Moody's view that "JC Penney's operating performance has shown signs of improvement as a result
of better merchandising, cost controls, and integration of its online business," said Moody's Vice
President Scott

Research Paper On Jcpenney's
Throughout my research, JCPenney's has been losing money because , through a marketing
perspective, they have lost their identity. To explain, JCPenneys in the past was a department store
targeted for middle income familes. The store promised to display the fashion of the middle class,
catering to families. The company sold family products. It was based on the ideal of the family.
During its peak, that was craze, a nuclear family, and JCPenneys catered to that craze. As time
passes, trends come and go, this was no exception, when a company does not replace their
customers, their older ones will die out (also in a literal sense). On top of that, other department
stores such has Macy's and Khols, came out offering similar product, but at cheaper

Cvs Comparation
Transmercial. 1340 Tully Road, Suite 306–307 – San Jose, CA 95122–3055 – (408) 288–5500–
(408) 288–5533(F)– © Transmercial. 2010
transmercial Commercial Real Estate Investment www.transmercial.com 3RD QUARTER 2010
Newsletter
VOLUME 5 ISSUE 1
Walgreens, CVS or Rite–Aid: Which Tenant Is Best in 2011?
By David V. Tran
There are 3 major drugstore chains in the US: Walgreens, CVS, and Rite Aid. Below are some key
statistics about the 3 major drugstore chains as of July 2010: 1. Walgreens ranks #1 with market cap
of $29.33 Billion, $66.25 Billion in revenue, and S&P rating of A+. According to Walgreens, 75%
US population lives within 3 miles from its stores. On Oct 1, 2009, Walgreens opened its 7000–th
store in Brooklyn, New ... Show more content on Helpwriting.net ...
This is a great present to the drugstore industry. There are new drugs to treat previously untreatable
illnesses, and new diseases, e.g. Viagra for men's unhappiness, Zoloft for depression, Avastin for
colon cancer, Herceptin for breast cancer, Nicotine patches for smokers to kick the habit, Tamiflu
for a potential bird flu pandemic, vaccine for swine (H1N1) flu pandemic, Tekturna/Rasilez for
hypertension and various new drugs for AIDS and Attention Deficit Disorder (ADD). The new
medicines are very expensive, e.g. a year's supply of Avastin costs about $55,000. Eli Lilly has sold
about $4.8 billion of Zyprexa in 2007 for schizophrenia and yet most people have never heard of
this medicine. There are existing drugs now approved to treat new illnesses and thus increase their
sales revenue. For example, Lyrica was originally intended to treat pain caused by nerve damage in
people with diabetes. It is now approved by FDA to treat Fibromyalgia which affects 5.8 million
Americans per WebMD. Big advances in genetics, biology and stem cells research are expected to
produce a new class of drugs to treat diabetes, Parkinson's and various rare genetic disorders. For
example the new drug Ilaris from Novartis targets genetic causes of an inherited disorder that there
are only 7000 known cases worldwide. However, Novartis hopes to gradually broaden its drugs to a
blockbuster drug to more common disorders caused by similar genetics. Technology and modern
life introduce and

Financial Analysis for J.C Penney and Target Essay
Running head: Financial Analysis 1
Financial Analysis for J.C. Penney and Target
Sabrina Earnest
Columbia College
Author Note
This paper was prepared for Business Finance 350, taught by Professor Campbell.
Abstract
Working Capital Ratio
Working capital is the measure of a company's efficiency and operating liquidity. The working
capital is usually calculated by ... Show more content on Helpwriting.net ...
It subtracts inventories from current assets before dividing that number into liabilities. Quick ratios
show how well current liabilities are covered by cash and by items with a ready cash value. To find
the Quick Ratio, find the Current Assets, Inventory, and Current Liabilities
on a balance sheet. Next, subtract your Current Assets from Inventory (Current Assets – Inventory)
then divide by Current Liabilities. The higher the quick ratio is the better position that the company
is in.
In the past five years, the Quick Ratio for J.C. Penney has been: In 2012, the Quick Ratio so far is
0.7. In 2011, the Quick Ratio was 1.1. In 2010, the Quick Ratio was 1.1. In 2009, the Quick Ratio
was 1.0. In 2008, the Quick Ratio was 0.9.
In the past five years, the Quick Ratio for Target Corporation has been: In 2012, the Quick Ratio so
far is 0.5. In 2011, the Quick Ratio was 0.9. In 2010, the Quick Ratio was 0.9. In 2009, the Quick
Ratio was 1.0. In 2008, the Quick Ratio was 1.0.
This information for J.C. Penney and Target's Quick Ratio tells me that this current year has been
the lowest for both companies. For J.C. Penney, in 2008 through 2011 the Quick Ratio was
continually getting higher until in fell off this year. Target's

Rite Aid Annual Report 2012
Rite Aid
Annual Repot 2012
[pic]
"To be successful chain of friendly, neighborhood drugstore. Our knowledgeable, caring associates
work together to provide a superior pharmacy experience and offer everyday products and services
that help our valued customers lead healthier, happier lives"
Historical Background Rite Aid's first store opened in September of 1962 in Scranton, Pennsylvania.
When it first opened it was called Thrif D Discount Center. The company grew rapidly expanding to
five northeastern states by 1965. By 1968, the name was officially changed to Rite Aid Corporation.
It became public it's first year after becoming Rite Aid and started trading on the ... Show more
The reason is that the company's expenses exceeded the revenue. Company's assets have been
increasing compared to last year total assets. There hasn't been a dramtic change in liabilities
because the company doesn't have enough cash to pay its debt.
[pic]
Financial Analysis
Ratios are highly important profit tools in financial analysis that help financial analysts implement
plans that improve profitability, liquidity, financial structure, reordering, leverage, and interest
coverage. Although ratios report mostly on past performances, they can be predictive too, and
provide lead indications of potential problem areas. Financial ratios are important because they help
investors make decisions to buy hold or sell securities.
Liquidity ratios tell a user about firm's ability to pay current bills.
|Ratios |2012 |2011 |
|Working capital |1,934,267 |1,991,042 |
|Current Ratio |1.8 |1.8 |
Working capital is positive, meaning that the company has enough cash, accounts receivable,

inventory, and short time investments to cover the current liabilities.
Current Ratio shows that the company has $1.80 of current assets for each $1.00 of current
liabilities.
Profitability Ratios how successful a company is in terms of generating returns or

Walgreens Boots Alliance Summary
A merger between "Rite Aid," and "Walgreens Boots Alliance" occurred in September 2017, in this
discussion, it is imperative that an understanding is understood foundationally about the relationship
that is between the two corporations as Walgreen Boots Alliance moves forwards to absorb 1,900
Rite Store (Bomey, 2017). In this discussion, a summary the of five categories are given of both Rite
Aid/Walgreens, however, the overall focus will be looking at the activities and changes occurring
with the Rite Aid store (Nassar, 2007).
Rite Aid/Walgreens Boots Alliance
I. Overview of Organization
The Rite Aid is a Health and Wellness Drug Store made up 4,600 stores dominantly established on
the east cost of the United States (Rite Aid, 2014). ... Show more content on Helpwriting.net ...
Founded:
Rite Aid stores were founded in 1962, known as "Thrift D Discount Center in Scranton,
Pennsylvania, founder name is Alex Grass (Rite Aid, 2014).
Walgreens was founded in 1901 this information can be found under the "topic, history our past" the
name of the founder's name is "Charles Rudolph Walgreen (Walgreens Boots Alliance, 2018). In
addition, it took three generations to turn the Walgreens Company into a retailing leader, those
generations being Charles R. Walgreens, Charles Jr., and Charles III (Walgreens Boots Alliance,
2018).
V. Major historical events of the Walgreens:
1927 Walgreens Co. stock goes public (Walgreens Boots Alliance, 2018). In 1975, Walgreens hit a
billion in sales; by 1984 Walgreens open its 1000 store (Walgreens Boots Alliance, 2018). In 2002,
Walgreens was multiply chain wide in over 14 countries (Walgreens Boots Alliance, 2018). In 2009
Walgreens reaches 7000 stores, 2012 Walgreen's becomes the first global pharmacy, by 2014
reaches the four corners of the world as it merges with Boots Alliance (Walgreens Boots Alliance,
2018). 2017 Walgreen's buys up 1900 of the 4,600 Rite Store (Walgreens Boots Alliance,

Swot Analysis Of Penney. Penney
Analysis of the J.C. Penney Case Analysis The first store of J.C. Penney Company was opened in
Kemmerer, Wyoming, on April 14, 1902, by James Cash Penney. In 1913, the company was
incorporated under the new name, JC Penney Company. JC Penney is one of the largest veteran
retail chain in American which has 110–year–old. The highest sales at all–time was $32.5 billion
and the company occupies a large share of market in department stores. Then the market changed,
the shopper has spent less time at the mall and more time at the discount store, like Walmart and
Target. At the beginning, JC Penny did not find this problem, since 2005, the sales had been
decreased, they loosed a lot of money. Then JC Penny hired a new CEO, Ron Johnson, discovered
this problem and did some change. The new CEO had made a new strategic plan, and a major price–
based campaign to revamp JC Penney's image. In the end, the new strategic plan was not working, it
cannot help JC Penney keep the customer. In this case, we should discuss the JC Penny's new
strategic plan, based on price change and change the company's traditional operation. For the first
question, of the major pricing strategies, which one best describes JC Penney's "Fair and Square"
pricing strategy? The revival of the JC Penney is the key to a new "Fair and Square" pricing
strategy. At the first, the company cut about 40 percent across all regular retail prices, and then they
make a three–tiered pricing

JCPenney: America's Retail Destination Essay
J.C. Penney's has the desire to become America's favorite retail destination for apparel, accessories
and home fashion. With approximately 1,108 operating stores throughout the United States and
Puerto Rico, they serve half of America's families every year. They employ nearly 156,000
associates and strive to be number one in customer service. Despite the recent economic downturn,
JCP maintained a steady cash flow and has been able to keep their company running strong. J.C.
Penney's started out with James Cash Penney operating a dry goods store called Golden Rule with
two other partners in Kemmerer, Wyoming in 1902. Around 1907 the other two partners were
bought out by Penney and he was now responsible for operating three stores. At ... Show more
Some of the other ways just coincide with email and regular mailed coupons. Joining Facebook and
Twitter is also a rather current event for JCP among other corporations. This gives them a
connection to a younger generation which should ultimately create a brand loyalty. The main idea
behind developing new processes is to bring in profit.
More recently, JCPenney's has been revamping their look. They started this process by first
changing the logo that they use. It is a slight change to the color set up, but is noticeable to the
consumer. They are also adding brands to the already long list of designers to give more options to
the consumer. MNG by Mango is brand that they started to carry in 2010. Within 2011 they are
going to expand the concept to 215 additional stores and eventually grow the brand to 500 stores by
the fall of 2011. The idea of this brand is to supply the customer with quality, affordable fashions
that have the runway look and feel. Modern Bride is another idea that was launched at the very
beginning of 2011. The brand has been launched to any store that has a jewelry department, which is
about 1,068 stores in all, along with jcp.com. The Modern Bride collection is collaboration with
Condé Nast to create stylish engagement rings and wedding bands. Call it Spring is yet another new
brand that JCP plans to launch in the 2011 year. This brand is an addition to their shoes and
accessories line which is already one

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