Back in January, I wrote this post about Rite Aid Corporation (RAD), noting that all my neighborhood Rite Aids seemed incapable of consistently stocking mundane items like cleaning supplies and toilet paper.  I referred to this phenomenon, rather snidely, as Soviet Economy Syndrome. One of these local stores was, in its former life, a pleasant, well-stocked Eckerd Drugs. I [...]

It’s been a tough week, so I’m in the mood to air my grievances as a grouchy consumer. What is the retail outlet of my discontent? Rite Aid (RAD), which filed its third quarter 10-Q Wednesday, detailing continued losses.
Within a few blocks of my home in New York City, I can purchase croissants rivaling those [...]