Word: beene
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Dates: during 1990-1999
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While rivals like CVS and Walgreens are enjoying record profits, the nation's second largest drugstore chain is saddled with billions of dollars in debt and caught in the crosshairs of an SEC investigation into its questionable accounting practices. For months the bad news has been relentless: In mid-October...
You might think stress would be a trigger--the former Senator has been putting in 10-hr. days on the campaign trail--but most doctors aren't convinced it's a factor. Peak physical condition, however, doesn't necessarily provide any protection either. Last September Indiana Pacer's coach Larry...
Intelligent kids with good social skills can be quite skillful at hiding who they really are from their parents. They may do this to avoid punishment, to escape being identified as "crazy," or to protect the parents they love from being disappointed or worried. In the wake of his shooting...
Now it's Robert G. Miller's job to rebuild it. Named Rite Aid chairman and CEO last week, Miller, 55, comes from the No. 2 job at Kroger, the nation's grocery powerhouse. To heal the drugstore giant, he'll have to regain confidence on Main Street and Wall...
Still, Miller inherits a case study in the perils of trying too hard to please today's growth-hungry stock market. As the drugstore industry has consolidated into a few dominant national chains, Martin Grass (son of Rite Aid founder Alex Grass) nearly doubled the number of outlets, buying independents...