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Easter bunny, new generics affect Rite Aid comps
CAMP HILL, Pa. — Rite Aid's same-store sales decreased 4% in April compared with April 2012 due to an earlier Easter and introductions of new generic drugs, the retail pharmacy chain said.
The numbers released Thursday included a 3.5% decrease in sales on the front end and a 4% decrease in pharmacy sales, but the pharmacy figure included a 4.5% negative effect due to new generics. Same-store prescription count decreased by 0.2%.
Total sales for the month were $1.9 billion, a 4.6% decrease over April 2012's $2 billion.
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Leadership, board changes at Delia’s
NEW YORK — Delia’s has appointed Tracy Gardner as the company’s new chief creative officer, and also as a member of the board of directors. Walter Killough, who back in January announced his intention to step down as CEO April 1, has agreed to remain in the role through August 2.
The company also named Michael Zimmerman chairman of the board, replacing Carter S. Evans, who will remain on the board.