News

Walgreens’ monthly sales up, same-store numbers drop

BY Allison Cerra

DEERFIELD, Ill. Walgreens reported a 2.7% increase in its monthly sales, but noted a drop in same-store sales.

The drug store chain said its January sales totaled $5.36 billion, compared with $5.22 billion for the same month in 2009.

Despite the overall increase, Walgreens said its sales in comparable stores (those open at least a year) decreased 1.1%, which it attributed to calendar day shifts. Additionally, same-store pharmacy sales were negatively affected by 2.3 percentage points due to generic drug introductions in the last 12 months and a lower incidence of flu compared with January 2009.

In its pharmacy sales this month, Walgreens noted a 1.6% increase, while comparable pharmacy sales decreased 1.2%. Prescriptions filled at comparable stores, however, increased 2.7% in January, including 1.7 percentage points due to H1N1 flu shots and 1.4 percentage points due to more patients filling 90-day prescriptions. Calendar day shifts negatively impacted prescriptions filled in comparable stores by 1.9 percentage points, Walgreens said.

Pharmacy sales accounted for 66.2% of total sales for the month.

Total front-end sales increased 3.9% in January, while comparable store front-end sales decreased 1%.

Fiscal 2010 year-to-date sales for the first five months were $28.1 billion, up 6.8% from $26.3 billion.

Walgreens opened 18 stores during January, including four relocations, and closed one. At Jan. 31, Walgreens operated 7,665 locations in all 50 states, the District of Columbia, Puerto Rico and Guam. That includes 7,162 drug stores, 503 more than a year ago, including 51 stores acquired over the last 12 months.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

News

Weis Markets creates regional VP position

BY Michael Johnsen

SUNBURY, Pa. Weis on Monday announced three new regional VPs — a new position at the company — responsible for overseeing its 164 stores, according to published reports.

The new VPs are Jerry Hatch, Brad Kochenour and Mike Mignola.

Hatch was a regional director overseeing stores in the Northeast and central Pennsylvania. He will cover a similar territory as regional VP.

Kochenour, who also served as a regional director, will oversee a region extending from Altoona, Pa., to Newton, N.J.

And Mignola will oversee stores in Maryland and West Virginia, as well as stores in Lancaster, Pa. and York, Pa. Mignola most recently was a general manager for Weis stores in Maryland and West Virginia.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

News

NCR rolls out Blockbuster Express DVD-rental kiosks in Bashas, Food City

BY Allison Cerra

DULUTH, Ga. NCR Corp. recently installed Blockbuster Express DVD-rental kiosks at more than 100 Bashas’ and Food City supermarkets in Arizona.

Each Blockbuster Express kiosk holds more than 900 DVDs, providing the largest selection of popular movie titles and new releases of any DVD rental kiosk. No membership is required – customers simply swipe their credit card and are charged $1 per night for a rental. A DVD can then be returned to any Blockbuster Express kiosk – not just where the DVD was rented.

“Our customers can now get great deals on everyday grocery items and new-release movie rentals at our stores,” said Kristy Nied, director of communications for Bashas’ Family of Stores. “Just in time for Valentine’s Day, the Blockbuster Express kiosk allows us to combine an inexpensive at-home meal with an affordable, convenient entertainment option.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES