Monthly sales rise 6.2% for Walgreens
DEERFIELD, Ill. Walgreens experienced a 6.2% in its July sales, compared with the same period last year.
The drug store chain said sales for the month of July totalted $5.58 billion — up from $5.26 billion in July 2009 — adding that Duane Reade sales contributed to 2.9 percentage points to the total sales increase for the month. Comparable-store sales also increased by 0.4%.
Walgreens reported that while July pharmacy sales increased 4.3%, comparable-pharmacy sales were flat, primarily because of generic introductions and a lower incidence of flu. Pharmacy sales accounted for 65.6% of total sales for the month.
Meanwhile, total front-end sales increased 9.4% in July, including five percentage points from Duane Reade. Comparable store front-end sales increased 1.1%. Customer traffic in comparable stores increased 0.6%, while basket size increased 0.5%.
Walgreens opened 11 stores during July and closed eight. At July 31, Walgreens operated 8,037 locations in all 50 states, the District of Columbia, Puerto Rico and Guam.
Hy-Vee acquires two stores
SIOUX FALLS, S.D. Midwestern supermarket chain Hy-Vee will acquire two stores in the upper Midwest, Hy-Vee said Tuesday.
Hy-Vee agreed to purchase two stores from Sunshine Foods, one in Sioux Falls, S.D., and one in Windom, Minn. Des Moines, Iowa-based Hy-Vee already operates five stores in Sioux Falls and one in Windom.
“Sioux Falls is a key market for Hy-Vee, and the addition of these two stores will enable us to expand our services to more customers in more areas of the city,” Hy-Vee VP western region Paula Correy said . “In Windom, we will be able to replace our outdated store with a newer, larger facility.”
DigiPower introduces Jump Start Slim
AVENEL, N.J. DigiPower has launched a rechargeable auxiliary battery pack for smart phones.
The Jump Start Slim is a 1100mAh auxiliary battery pack that measures 1/4-inch thin, weighs 2 oz. and also features optimized circuitry that allow for faster charging times from a computer or standard USB charger. It retails for $29.95.
“Never before has so much rechargeable power been packed into a case so small, thin, and light,” said DigiPower President Maurice Mizrahi. “Less than half the size and weight of currently available battery packs, Jump Start Slim is designed to provide consumers with three additional hours of 3G talk time, 7 additional house of video playback, and 21 additional hours of audio enjoyment.”
For more information, Mizco.com.