Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Rite aid pharmacy mission statement

08/01/2021 Client: saad24vbs Deadline: 7 Days

Rite Aid Corporation


Bernadette Ocampo


BUS/475


05/16/2016


William Williams


Running head: RITE AID CORPORATION


1


RITE AID CORPORATION


2


Rite Aid Corporation


Strategic planning can be defined as a systematic process of envisioning a desired future, and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them (Web Finance Inc., 2015). Rite Aid Corporation was started back on September, 1962 when a Thrift D Discount Center store was opened in Scranton, Pennsylvania by Alexander Grass. Rite Aid Corporation was not named Rite Aid until 1968 when it became publicly traded company on the American Stock Exchange. Rite Aid Corporation is one of the nation’s leading drugstore chain on both East and West Coasts with approximately 4,600 stores in 31 states and the District of Columbia. Rite Aid is the largest drugstore chain with 89,000 employees. Rite Aid Corporation is a business that has clearly defined a set of values, a mission, and a vision in order to reach their goals that have been determined through their strategic plan. With a strategic plan is set in place, this allows Rite Aid Corporation to incorporate specific strategies for certain goals, while maintaining a comprehensive plan on their vision and mission statement. In an effort for Rite Aid Corporation to live up to their mission "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.” (Rite Aid Corporation). Rite Aid Corporation has targeted consumer platforms in the past – EnvisionRX, and RediClinics. With this strategic focus, Rite Aid Corporation is able to put their consumers and their needs first (Rite Aid Corporation, about us). Therefore, setting Rite Aid Corporation apart from its competition.


Business Plan


Rite Aid Corporation recent success has pave the way for a new strategy, one that allows them to be more aggressive as they make the transition from turnaround growth. A great example is how they are approaching their store development plan. In fiscal 2014, they completed their 1,200th Wellness store remodel, which means that more than a quarter of all Rite Aid stores are now Wellness stores. These remodeling projects will continue to be a key part of their strategy over the next few years, including their plans to complete 450 remodels in fiscal 2015. At the same, they are building up their real estate pipeline for future relocations and new stores. Although it will take several years to build their pipeline, the most exciting step for Rite Aid that is laying the foundation for future growth. By pursuing opportunities to build new stores, they further develop underpenetrated market and enter adjacent markets that have positive demographics for the business that allows them to deliver their unique brand of health and wellness to new customers. Their strategy for long-term growth align with the significant opportunities they see to expand their health care offering and meet the growing demands of the changing health care marketplace. Trends like the aging U.S. population and expanded access to health insurance through the Affordable Care Act will place enormous demands on the U.S. health care system. Rite Aid is well positioned to provide an even higher level of care to help meet this growing demand, drive positive health outcomes and find ways to help lower health care costs.


Mission Statement


The mission statement of Rite Aid Corporation is aimed towards the overall goal that the company is trying to accomplish along with what is being offered to consumers. Rite Aid Corporation mission statement is “To improve the health and wellness of our communities through engaging experiences that provide our customers with the best products, services and advice to meet their unique needs.” As the company continues to grow and the demand for consumer needs and necessities increase, the mission statement may adapt to the current environment that Rite Aid Corporation is trying to accomplish.


Consumer Needs and Competitive Advantage


The consumer needs will be meet both at the vendor and company levels. By providing a great customer service base on how they will strength their unique brand of health, wellness and value. As they strengthening their wellness brand positioning, they have to understand the importance of delivering the convenience and value that their customers want and expect. Rite Aid brand products are one of the many ways that they deliver this value, and these private brand items continued to perform well with penetration increasing to nearly 18.4 percent of frond-end sales. While they believe that they Rite Aid brand program is strong, they focused on further enhancing this offering in order to create a world-class private brand.


Organizations Vision and Values


The vision of Rite Aid Corporation is to “Customers confidently choose us first for their everyday health and wellness needs because we consistently understand and exceed their expectations.”(Rite Aid Corporation, about us). Rite Aid Corporation’s core values are passion for their customer. They create unmatched levels of loyalty through their associates by being passionately committed to their customers and all them serve. Rite Aid has a winning through teamwork, they work for the good of the company, not just an individual business or function, by freely offering help and assistance to other and see it when needed.


Vision, Mission, and Values or Product Align with Companies


John Standley, Chairman, President, and CEO of Rite Aid Corporation mentioned that the Rite Aid’s Road to Wellness includes many of the key programs and initiatives they’ve worked so hard to develop over the past few years including wellness, pharmacy services such as immunizations and the company’s Wellness store initiative. At the same time, Standley said the company’s Road to Wellness also involves some new initiatives that will pave the way to wellness for both Rite Aid and valued customers. He explained how the company is currently developing new initiative to adapt to the rapidly changing healthcare landscape. “To succeed, we don’t have to be the biggest company and we don’t have to be the company with the most resources. But what we must do is adapt quickly to this rapidly changing environment in a way that provides the personal care our customers need.” (Standley, 2013)

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Helping Hand
Best Coursework Help
University Coursework Help
Homework Guru
Top Essay Tutor
Writer Writer Name Offer Chat
Helping Hand

ONLINE

Helping Hand

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$60 Chat With Writer
Best Coursework Help

ONLINE

Best Coursework Help

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$60 Chat With Writer
University Coursework Help

ONLINE

University Coursework Help

Hi dear, I am ready to do your homework in a reasonable price.

$62 Chat With Writer
Homework Guru

ONLINE

Homework Guru

Hi dear, I am ready to do your homework in a reasonable price and in a timely manner.

$62 Chat With Writer
Top Essay Tutor

ONLINE

Top Essay Tutor

I have more than 12 years of experience in managing online classes, exams, and quizzes on different websites like; Connect, McGraw-Hill, and Blackboard. I always provide a guarantee to my clients for their grades.

$65 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Kite streamers summary - Calories in barium swallow - Jewish History - Anne johnson bruce mcavaney - 8week3Indiv - Picot question for qualitative research - Psy 315 week 1 worksheet - Vroom and yetton contingency model - Marketing mix of horlicks - Halifax telephone banking security number - Science experiment data table example - Leasing Decisions - Consultant's analysis report - Whitney farms 55 quart organic planting soil review - 15 000 word dissertation structure - Lesson plan on prefix and suffix - Rancho solano preparatory school case - 8 steps for an effective change management process smartsheet - Kali linux vmware image download - (your, fam.) libros están en la mesa. - Lezley mcspadden city council website - Cisco contact center express datasheet - Angles between parallel lines worksheet - Collective behavior and social movements - Backup and recovery policy document - Sample informative speech outline - Digital electronics lab manual - Assignment - Geography extended essay questions - Physics 101 lab manual answers - Franklin equipment ltd case study answers - Hewlett packard strategic plan - Ethica and Legal Aspects of Nursing Practice week 7 DQ 11 - Sephora marketing plan - Di - What is the theme of the boarded window - The civically engaged reader free pdf - Phi 208 week 1 assignment - Swinburne senior secondary college staff - Ikeda sensei guidance for students - Discussion 2 - Brown eyes blue eyes experiment - Paraxial mesoderm gives rise to - Performance patterns occupational therapy - Informative speech about air pollution - Pictures of water safety - Crystal inc is a merchandiser of stone ornaments - A rigorous investigation answer key - Icom ah 4 control cable extension - Dbt skills training manual - Palm of my hand zhu lyrics translation - 150 divided by 30 - Dos attack winnuke attack - Jk rowling harvard speech analysis - Chain measurement in metres - Security architecture and design - Jack tar cfo of sheetbend - Chapter 5 cost volume profit solutions - Tertiary stage of production - Go kart chassis material - Ring out wild bells summary - Steve biko academic hospital occupational therapy pretoria - Three components of the axial skeleton - Saint leo chalk and wire - What is the elephant walk hazing - Correlating rock layers using index fossils worksheet answers - Cold mountain plot summary - Operational Excellence Power point Presentation - Maslow's hierarchy of needs nursing diagnosis - Houston based energy company 2001 scandal - What is the average acceleration of this sprinter - What is biological weathering for kids - Mw petroleum corporation case solution - Find an equation relating x and y - Titration of diprotic acid lab report - Trend adjusted exponential smoothing formula - Subordination of individual interest to general interest in kfc - How to change the theme to retrospect in excel - Give examples of applications of ipsec - Derivative of x 2 8 - Quiz - Requirement review in software engineering - Imitative new entry involves offering a radical new product or highly innovative service. - Bath uni student union - Mindtools emotional intelligence - They say i say graff 3rd edition - Armstrong and miller show - Journal entries to record cash dividends are made on the - Nissan maxima won t start just clicks - Swift analysis aptitude (verbal and numerical test) - Crm in consumer markets - In exercise 6.1, how do you enable efs? - Science - Ally spazzy alice mcnamara - Capsim final report - Walmart in china case study - Writing a memo - Math management quiz - Breaching the aicpa code of professional conduct - Create a wbs for one of the following projects