Rite Aid makes progress in fight against Walgreens and CVS chains

|About: CVS Health Corporation (CVS)|By:, SA News Editor

A wellness loyalty program expanded by Rite Aid (RAD +0.8%) a few months ago has drawn in 930K senior citizens, according to the company.

It's an impressive mark with the demographic viewed as hard to convince to change its shopping habits at times.

The company still trails Walgreen (WAG +2.5%) and CVS Caremark (CVS +0.2%) by most metrics, but by taking senior market share it can narrow the gap.

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