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Disaster relief outlays grow with Irene aid
Target last week announced the donation $250,000 in cash and product to assist with Hurricane Irene relief efforts, pushing the total amount the company has committed to domestic disaster relief to more than $1 million. The donations will be distributed among relief agencies including The Salvation Army and the American Red Cross. In addition, Target is giving gift cards and 10,000 relief kits to other local, regional and national nonprofit organizations for such essentials as water and food.
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Walgreens sales up 7.8%, no thanks to Irene
DEERFIELD, Ill. — Walgreens reported that total sales for August were $6.1 billion, an increase of 7.8% from $5.66 billion for the same month in 2010. Total front-end sales increased 6.8% in August, while comparable store front-end sales increased 4.8%. Customer traffic in comparable stores increased 2.5% and basket size increased 2.3%.
Walgreens said Hurricane Irene had no significant net effect on total sales.