All Articles Tagged "rite aid"

Wal-Mart, CVS, Rite Aid Opt Out Of Apple Pay Program

October 28th, 2014 - By Ann Brown
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Not everyone is loving Apple’s new mobile payment service, Apple Pay. There are a few major retailers who say they will not offer it as a payment option.

Drug retailers CVS Health and Rite Aid have disabled Apple’s new electronic payments service Apple Pay from their stores over the weekend, The New York Times reported.

The reason for the disabling of Apple Pay was not immediately clear though it might have to do with the two companies’ contractual agreement with Merchants Customer Exchange (MCX), reports The NY Times. MCX a consortium of merchants that includes Rite Aid and CVS, has a rival system, CurrentC. Once it becomes available in 2015, it will be linked to a consumer’s debit account.

“By bypassing credit card companies, MCX merchants could potentially save money on the fees they pay per transaction,” reports the Times.  Already MCX retailers include major chains like Best Buy, Gap Inc. and Walmart.

Apple Pay has its fans. And some observers complain that CurrentC is more difficult to use than Apple Pay, which does not ask customers to unlock their phones or open an app. Plus they add it is far more complicated than paying with cash or a credit card.

Wal-Mart is another retailer convinced MCX’s CurrentC will be a better payment system. In fact,  Wal-Mart is a leader of MCX and they are currently not accepting Apple Pay.

Some consumers even became skeptical after a major Apple Pay glitch with credit cards issued by Bank Of America. Some BoA customers who used Apple Pay recently were double charged.

Despite a few naysayers and a glitch, Apple CEO Tim Cook says Apple Pay is already a big success. According to him, more than a million people have activated Apple Pay accounts, making it a hit. USA Today notes that that’s a relatively small number, but it is a strong start.

h/t Business Insider

What Chu Say Boo: Caption This Picture Of This Unlikely Pair: K. Michelle & Miley Cyrus

January 3rd, 2013 - By Veronica Wells
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Source: Instagram

Source: Instagram

 

If there were ever two people you would not expect to see together, it would be K. Michelle and Miley Cyrus. But here they are, around Christmas time, cheesing and mugging in the Rite Aid entrance. K. Michelle seems to be super geeked to meet the newly, punked out Miley Cyrus. So what do you think is going on in this picture. Caption the thirst thoughts or words from one or both of these ladies.

Rite Aid Loss, Forecast Worse Than Expected

March 31st, 2010 - By TheEditor
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(CNBC/Reuters) — Rite Aid posted a worse-than-expected quarterly loss on weak sales from a mild winter cold and flu season, and lower profits on generic drugs and reimbursement rates.

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Rite Aid Loss, Forecast Worse Than Expected

March 31st, 2010 - By TheEditor
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(CNBC/Reuters) — Rite Aid posted a worse-than-expected quarterly loss on weak sales from a mild winter cold and flu season, and lower profits on generic drugs and reimbursement rates.

Read More…