Word: rites
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...Sales at Rite Aid are up a healthy 9%, and most of its nearly 4,000 locations are jammed with customers in search of a cure for everything from pimples to arthritis. So why are Wall Street wags calling it Wrong...
...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 Street: Rite Aid has been the biggest loser in the S&P 500 this year, with an 80% drop in its shares since January...
Miller, who transformed regional grocer Fred Meyer into a supermarket behemoth before it was sold to Kroger earlier this year, knows fixing Rite Aid will be an uphill battle, so he's bringing three top lieutenants to help him. "Bob really cares about the customer, and that wasn't always an attitude that pervaded Rite Aid," says Meredith Adler, analyst at Lehman Bros. "He's a talented manager and a real straight shooter...
Well, maybe next time. After all, there were plans for animating Firebird soon after the original film was released; Stravinsky saw Disney's take on The Rite of Spring, liked it and gave Disney the rights to other pieces. "Good ideas will always find their way to the screen," says Peter Schneider, Disney Studios boss. Or to some other part of the Magic Kingdom. Roy talks of putting the Rachmaninoff piece, which was fully storyboarded before it was scratched, in Disneyland's CircleVision pavilion. With a budget estimated at $85 million (some skeptics say it's nearly twice that amount...
...choice of music, it's as safe as a Home Improvement rerun, especially by comparison with Walt Disney's daring decision to include Igor Stravinsky's The Rite of Spring in Fantasia just 27 years after its cataclysmic Paris premiere triggered a near riot. Couldn't the makers of this ultracautious sequel have found anything more adventurous to animate than Gershwin's Rhapsody in Blue (yawn) or Shostakovich's Second Piano Concerto, a pleasant student piece written in 1957 for the composer's teenage...