Seven Corners Capital 

In our prior two blog posts from this month regarding Rite Aid Corporation (RAD) [for which, see here and here], we first examined the recent board and senior executive leadership changes at the company and then looked at RAD's recent Q2 FY2020 earnings report and the current state of the company's finances and operations. In this (3rd and final) post, we set forth four (4) immediate action items for RAD to pursue, namely: (1) Repurchase more debt; (2) Link up with a Goliath;

In our prior Rite Aid Corporation (RAD) blog post [for which, see here], we examined the recent changes to the company's board of directors and senior executive leadership. In a subsequent post, we will lay out a blueprint for these folks to follow to achieve Rite Aid 2.0 (success over the long haul). In this post, however, we will examine RAD's recent Q2 FY2020 earnings report, the current state of the company's finances and operations and how a turnaround scenario might loo

Recent developments at Rite Aid Corporation (RAD) are worth noting and perhaps give some hope to its long-suffering shareholders that the era of seemingly interminable value destruction may perhaps be ending and a new dawn approaching (yes, we dare to dream). First, among other leadership changes, the company finally announced the hiring of a new chief executive in mid-August and a new COO just a few days ago. In addition, on September 26th the company announced earnings for