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This document provides an overview of Rite Aid's business initiatives to unlock value in the company. Key points include: 1) Rite Aid is segmenting its stores based on factors like sales volume, customer demographics, and growth potential to focus efforts in areas with the highest returns. Store segmentation could create a $200 million opportunity. 2) Initiatives include strengthening Rite Aid's customer value proposition through strategic pricing, private brand penetration, and improved health/wellness positioning. 3) Other initiatives involve assortment optimization to better meet local customer needs, reducing supply chain and inventory costs, lowering labor costs through a new operating model, and pursuing indirect procurement and administrative cost savings. 4






