News

Walgreens’ March sales jump

BY Allison Cerra

DEERFIELD, Ill. — Walgreens on Tuesday reported March sales of $6.3 billion, an increase of 7.6%. Duane Reade stores, acquired in April 2010, contributed 280 basis points to the total sales increase for the month.

Total front-end sales increased 8.4% in March, including 470 basis points from Duane Reade stores. Despite the negative impact of this year’s later Easter, which falls on April 24 compared with April 4 last year, comparable-store front-end sales increased 1.6%. Customer traffic in comparable stores increased 0.8%, while basket size increased 0.8%.

Prescriptions filled at comparable stores increased 3.5% in March. Calendar day shifts negatively impacted prescriptions filled in comparable stores by 90 basis points.

March pharmacy sales increased 7.3%, while comparable-pharmacy sales increased 3.7%. Comparable-pharmacy sales were impacted negatively by 230 basis points due to generic drug introductions in the last 12 months. Pharmacy sales accounted for 66.4% of total sales for the month.

Sales in comparable stores for the month increased 3%. Duane Reade stores are not included in any comparable-store results. Walgreens will report combined comparable-store sales for March and April with its April sales results.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

News

Sam’s Club awards programs that promote healthy living

BY Allison Cerra

BENTONVILLE, Ark. — The philanthropic arm of Sam’s Club has committed funds to organizations that promote healthy living.

The Sam’s Club Giving Program said it will award more than $2.8 million to prevention and awareness programs — which include YMCA of the USA, Sesame Workshop, Alliance for a Healthier Generation and the OASIS Institute — that emphasize positive lifestyle changes and help reduce such conditions as obesity, diabetes, heart disease and more.

"At Sam’s Club, we can make a difference by partnering with organizations that have the resources to implement national programs on a local level," said Jill Turner-Mitchael, Sam’s Club SVP health and wellness. "These four organizations each address very different needs, and we hope that with these grants, they can make a lasting change in communities all across the country."

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

News

Kmart reveals Hot 8 list for summer toys

BY Allison Cerra

HOFFMAN ESTATES, Ill. — Kmart has named the top eight toys for the summer.

The toys on the Hot 8 list all are designed for outdoor use and are made by such brands as Power Wheels, Little Tikes and Fisher Price.

This year’s Hot 8 list includes:

  • Banzai Splash Blast Lagoon pool;

  • Little Tikes Get Out ‘N Grill;

  • Intex ultra frame pool, 16 ft. by 48 in.;

  • 12-ft. trampoline with flash zone;

  • Little Tikes 3-in-1 trike;

  • Power Wheels My First Craftsman truck;

  • Step 2 Neat & Tidy Cottage; and

  • Fisher-Price Grow with Me 3-in-1 skateboard.

Toys featured on the Kmart Hot 8 list can be found at Kmart stores nationwide and online at Kmart.com/Hot8.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES