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Walgreen August comps beat Street
Deerfield, Ill. -- Walgreens reported that same-store sales for the month of August rose 4.8%, beating Wall Street expectations of a 2.9% gain.
Results included a 6.4% gain from the pharmacy and a 2.2% rise from the front-end.
Total revenue for August rose 6% to $6.17 billion. -
Robert Graham to make Manhattan debut
New York -- Fashion designer Robert Graham will open his first New York City branded retail store at 380 Bleecker Street in SoHo, joining high-end neighbors such as Burberry, Brunello Cucinelli, Marc Jacobs, rag & bone, and Ralph Lauren. The Robert Graham store is slated to open this fall.