rite aid

Our latest example of Corporate Greed at its finest is Rite Aid, who tries to hide behind the corporate slogan, “with us it’s personal.”  BUT, do not be fooled by a silly slogan.  HMMMM….. let’s see,  Rite Aid CEO, John Standley, doubles his salary in one year from $2.3 million to $4.5 million while trying to make health insurance unaffordable for his company’s  low wage workers.  Is that being personal with your employees?  Well I guess you could say it is personal, but probably not in the way Rite Aid would want you to think.

Today, Jobs with Justice and the United Students against Sweatshops released an "investor alert" showing how Rite Aid's mismanagement and corporate greed have contributed to the company's poor performance during the past four years.  The release of the investor alert coincides with Rite Aid's annual shareholders' meeting on June 23 at the Hilton Hotel in Harrisburg, PA. The alert is available on the Jobs with Justice website here.

Jobs with Justice has been an active supporter of Rite Aid workers across the country who have struggled to form unions and to win union contracts.  Over the last several years, Jobs with Justice has leafleted stores, met with store managers, sent emails to top Rite Aid executives, and held rallies in support Rite Aid workers in their local communities.

Rite Aid Negotiating Committee after signing Tentative Agreement on May 1, 2011.Rite Aid workers at the company's massive Southwest Distribution Center in Lancaster declared victory on Sunday, May 1 in their five-year effort to form a union and improve working conditions.

Workers signed a 3-year tentative agreement with management on May 1 – subject to a May 12 ratification vote – that will improve conditions at the million-square-foot facility in California's high desert by guaranteeing:

Cross-posted from In These Times.

Last Friday, more than two dozen Rite Aid drugstores across the country had some unexpected visitors. Activists in 10 states converged on 30 stores on April 1 to protest the company's unfair labor practices and management's efforts to impose unaffordable healthcare costs on employees.

Workers at six Cleveland Rite Aid stores—whose employees are members of United Food and Commercial Workers (UFCW) Local 880—have been on strike since March 14. After nearly a year of fruitless contract negotiations, the strike started because Rite Aid management committed dozens of unfair labor practices, violating members' rights through illegal threats, harassment, retaliation, surveillance and refusing to bargain in good faith.

So our latest example of Corporate Greed at its finest is Rite Aid, who tries to hide behind the slogan, “with us it’s personal.” BUT, do not be fooled by a silly slogan. HMMMM….. let’s see, Rite Aid CEO, John Stanley, doubles his salary in one year from $2.3 million to $4.5 million while trying to make health insurance unaffordable for his company’s low wage workers. Is that being personal with your employees? Well I guess you could say it is personal, but probably not in the way Rite Aid would want you to think.

Highlights from the Dec. 15 National Day of Action…

Over the past several years, Rite Aid executives have made a number of serious missteps that have hurt the company’s business.  The nation’s third-largest retail drug store chain has not made a profit in more than three years, causing investors to suffer heavy losses. Instead of working with employees to help turn the company around, Rite Aid executives are trying to make workers pay for management’s mistakes. At Rite Aid locations across the country, the trend is same: the company is demanding concessions from hardworking employees, while increasing executive compensation.

For example, while CEO John Standley recently doubled his own compensation, Rite Aid is: