Rite Aid is consolidating roles, resulting in the elimination of approximately 400 full-time positions, or more than 20% of the corporate positions located at the company’s headquarters and
across the field organization, reports Chain Store Age
. John Standley will step down as CEO at the drug store chain, staying on until the appointment of his successor. Bryan Everett, COO of
Rite Aid Stores, has been promoted to COO of the company, succeeding Kermit Crawford, who is leaving.
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