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farooq

02/02/17 11:15 AM

#3043 RE: Prudent Capitalist #3038

Rite Aid need new management, one which is sincere to shareholder and good with there employees.
They squeeze on salary and get the same type of people who are not happy to work and not helpful.
In retail your experience makes difference, along with low prices.
In my area milk is available for $ 1.45 Gallon whereas Rite Aid selling for above 3. Who will buy from them?
Yes few still do but it does not increase sale, if you wants to become foodmart than become ALDI.
They change formula and in 1 year price will be north of 10 $ and in 3 it will be in 20$ range, do not forget it was a 80 $ stock like Walgreen.