My question is why do you rite aid people stay with a failing organization like Rite Aid. 401k is failing, company is doomed in the long run. Especially managers, i work for CVS in Sacramento and we are hiring like crazy, SM, ASM and especially pharmacists. By no means is CVS a perfect company but at least I know the company is not going anywhere any time soon. I know i have a job for a while! 186 billion in profits avg per year. We keep opening stores all over to keep up with demand. Avg store does about 55k FS and 1500-2k scripts weekly. Seems like we would be getting alot of rite aid applications, but amazingly enough we get barely any. Im just curious what rite aid employees are thinking?
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Because you have a skeleton crew and threaten your managers daily they will get fired if a task is not complete, yet there’s not enough crew to make it happen even thought you’re a successful wealthy chain. A wealthy chain who operates its stores on a skeleton crew. That’s why all your stores look trashed on a daily basis.
I don’t like cvs they can hire like crazy all they want but if cvs isn’t trading their employees to give great customer service cvs will lose business I won’t hurt them now but eventually it will and customers are the reason why cvs even exists I am loyal to Walgreens we are hiring like crazy too....
There are a few typos with no option to edit, sorry.
As a current employee. I can attest to most stores being poorly run, and highly understaffed. The district leaders are incompetent and the just cycle continues. The starting pay in 2020 for a cashier is $7.30 with a 50¢ bump from the union. This is what they are offering adults with bills, mortgages etc... my store in particular has been hiring everyone as managers (stupid idea) most have no experience but because the starting pay is around $9, they feels that’s a better way to get employees in. This idea is horrible as there’s no one to manage since they’re all in the same position, thus setting them up for failure in the future because they don’t get to lean how to lead. We have about 3 cashiers and 7 managers. As far as simply jumping sh– to CVS. There are two CVS locations adjacent to the two Rite Aid locations we have here and honestly all 4 are doing poorly from a sales standpoint. This is a very affluent area and high theft occurs just as often as purchases.
Just because rite aid is on the bottom doesnt mean it will go up. Its a penny stock buddy. Someone drinking the Kool Aid. I for sure see this company folding before end of the year. Literally 50 cents a share and they think it will go up, its going down way down. I mean come on look at the stores, destroyed, empty from shoplifters, old employees stuck in their ways, outdated products all over the store, horrible customer service, writing is on the wall. If you think its doing so well you should be buying a ton of stock since its only half a dollar. Fyi i worked for rite aid for 8 years, i saw the writing and jumped as soon as i had the opportunity.
FAKE NEWS! 186 Billion in profit...NO, revenue is not profit.
401K falling...401k not connected to stock performance.
Rite Aid is at a bottom, only way to go is up. $23B in annual revenue, good leadership will fix the company. 1st step was implemented in getting rid of old leadership and corporate fat from when the company was twice the size.
cvs is much better ran and is worth much more, but don't bury Rite Aid yet