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Another retailer achieves a major milestone
During a year that saw Dollar General open its 10,000th store and AutoZone opens its 5,000th store, rent-to-own retailer Aaron’s has opened its 2,000th location.
The Atlanta-based retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, home appliances and accessories, designated a store in the Bronx, New York as its 2,000th location.
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Walgreens adjusted results top forecasts
DEERFIELD BEACH, Fla. — Walgreens’ fiscal fourth quarter net income fell 55% compared with a year ago when the drugstore operator recorded a big business sale gain. However, its adjusted earnings still beat analysts’ expectations.
Walgreen earned $353 million for the quarter ended Aug. 31, compared with $792 million a year ago. On an adjusted basis, Walgreen earned $553 million versus $599 million a year earlier. Adjusted earnings excluded acquisition-related costs and costs related to inventory.