How Much A Manager Of A Rite Aid Shop Makes?

The average total pay range for a Store Manager at Rite Aid is $67K–$102K per year, including base salary and additional pay. The average additional pay is $11K per year, while the average retail store manager at Rite Aid earns between $58K–$82K per year. In the United States, the average yearly pay for a Retail Store Manager at Rite Aid is approximately $63,645, 20 above the national average.

The average hourly pay for a Retail Store Manager at Rite Aid Corporation is $20.52 in 2023. The average retail store manager at Rite Aid pays $44,823 per year on average, which is 4 less than the national average. The median total pay is $82K. On the Bartell side (WA), managers start around 65k (salaried).

As of September 2, 2024, the average annual pay for a Rite Aid Retail Store Manager in the United States is $34,187 a year. The base salary for Store Managers at companies like Rite Aid Corporation ranges from $64,083 to $99,185 with an average base salary of $77,603. The total cash pay for a Rite Aid Store Manager in Michigan is approximately $60,800, 15 above the national average.

As of September 2, 2024, the average annual pay for a Rite Aid Assistant Store Manager in the United States is $41,750 a year. The average salary for Rite Aid assistant store managers is $39,730 per year, with salaries ranging between $31,000 to $50,000 per year.

What does a Rite Aid manager make?

The average yearly pay for a Store Manager at Rite Aid in California is around $70, 288, which is 33 times higher than the national average. This information is based on 15 data points collected from employees, users, and job advertisements on Indeed in the past 36 months. The salary figures are approximations and are provided for general comparison only. Minimum wage may vary by jurisdiction, and it is recommended to consult the employer for actual salary figures.

Does Rite Aid make money?

Rite Aid’s current revenue for the 2023 fiscal year is $23. 47 billion, representing a decline from the $24. 06 billion generated in 2022 and the $24. 41 billion recorded in 2021. This figure represents the total income generated by the sale of goods or services, without any deductions for expenses. The company’s revenue represents the total amount of income generated by the sale of goods or services.

How much does the Rite Aid CEO make?

Rite Aid’s CEO, Jeffrey Stein, is on track to receive a $20 million salary, but the company’s bankruptcy lenders are unhappy with the move. They want the CEO’s salary reduced to ensure the company has enough money to emerge from bankruptcy. The pharmacy chain’s current financial situation has led to the lenders demanding that Stein’s salary be reduced to ensure the company’s financial stability.

What does a Rite Aid assistant manager do?

The responsibilities of an Assistant Store Manager include the maintenance and analysis of profit and loss (P&L) reports, inventory logs, and the adherence to cash and bank depository procedures. In addition, they cultivate a customer-centric culture and oversee the completion of tasks and the supervision of team members in the absence of the store manager. They are stationed at various locations, including Rite Aid stores in Pittsburgh, Newman, and Bakersfield.

How much did Walgreens pay for Rite Aid?

Walgreens Boots Alliance agreed to buy Rite-Aid in 2015 for $17 billion, including debt, to expand its U. S. presence. However, the deal was scaled back in 2017, with Walgreens estimating it would need to sell 1, 200 Rite-Aid stores to meet regulatory approval. Six months later, Walgreens dropped the deal, buying 2, 186 Rite Aid stores for $5. 18 billion, halving Rite Aid’s store count and paying a $325 million termination fee.

In February 2018, Rite Aid considered a combination with Albertsons in February 2018, but the $2. 4 billion deal was called off due to shareholder resistance. Proxy advisory firms recommended voting against the transaction.

In April 2022, Rite Aid’s board rejected an unsolicited $3. 6 billion takeover offer from activist investor firm Spear Point Capital Management, calling the deal “not credible”. These deals have impacted Rite Aid’s overall strategy and revenue.

How much does Rite Aid pay cashiers in Ohio?

Rite Aid in Ohio offers an average hourly pay of $11. 77 per hour for Shift Manager and $67. 78 per hour for Pharmacy Manager, and an average weekly pay of $894 per week for Cashier and $1, 565 per week for Order Picker. These figures are based on 47 data points collected from employees, users, and job advertisements on Indeed in the past 36 months. The minimum wage may vary by jurisdiction, and actual salary figures should be sought from the employer.

Is store manager a stressful job?

The role of the retail manager is one that is inherently fast-paced, requiring a delicate balancing act between customer service, staff management, and operational duties. The degree of stress experienced by retail managers can fluctuate in response to a number of factors, including the pressure to achieve sales targets, the management of inventory, and the challenges associated with staffing. In order to maintain a healthy work-life balance, it is essential to gain an understanding of the subject and to join a community of 150, 000 members for the purpose of receiving tailored career guidance.

How much does CVS CEO make?

CVS Health’s CEO, Karen Lynch, has a tenure of 3. 58 years and a total yearly compensation of $21. 62M, including a 6. 9 salary and 93. 1 bonuses. She owns 0. 04 of the company’s shares worth $29. 14M. The average tenure of the management team and board of directors is 2. 5 years and 6. 6 years, respectively. Karen’s total compensation is above average for companies of similar size in the US market, which is $13. 03M. However, her compensation has been consistent with company performance over the past year.

How much do you get paid for being a manager at Walmart?

Walmart managers manage a multi-million dollar business, with an annual salary range of $90, 000 to $170, 000. They lead a dedicated team and have the opportunity to learn and grow. Salaried managers can earn an average of $90, 000 to $170, 000 annually. Their leadership affects hundreds of associates, thousands of shoppers, and up to 150, 000 products, allowing them to take their career to the next level.

How much do Rite Aid store managers make in Ohio?

The mean annual remuneration for a Rite Aid store manager in Ohio is $38, 806, which is 27% below the national average.

What store pays managers the most?

The average annual salary for a Store Manager in California is $88, 580, with an average of $59, 000. This is the median salary, based on Glassdoor’s Total Pay Estimate model. Additional pay is estimated at $28, 976 per year, which could include cash bonuses, commissions, tips, and profit sharing. The average base pay range is $49, 000-$73, 000. Your input helps refine these estimates over time.