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Walgreens starts the year on the right foot
Inclement weather was not enough to keep Walgreens from posting January sales of $6.4 billion, an increase of 3.7% as compared to the year-ago period.
Total front-end sales increased 2.4% compared with the same month in fiscal 2013, while comparable store front-end sales increased 1.6%. Customer traffic in comparable stores decreased 2.2% while basket size increased 3.8%.
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RILA: Raise threshold of full-time status under ACA
Arlington, Va. -- The Retail Industry Leaders Association (RILA) is encouraged by passage of the Save American Workers Act of 2013 (H.R. 2575) out of the Ways and Means Committee on Tuesday. According to RILA, the act is an important first step in changing the Affordable Care Act’s (ACA) definition of full-time employees from 30 hours of service to a definition more in-line with employment practices.