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Rite Aid October Same-Store Sales Up
Chain Store Age
Thursday, November 1, 2007
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Rite Aid Corp. said Thursday its same-store sales grew 0.4% in October. For the four weeks ended Oct. 27, Rite Aid pharmacy same-store sales rose 1.3%. The chain said its sales were hurt by the introduction of new generic drugs.
Total drug store sales for the period grew 51% to $1.99 billion from $1.32 billion in the same period last year, while front-end same-store sales fell 1.4%.
Companies referred to in story:
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