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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. -
Pret A Manger leases Capitol Hill building
Washington, D.C. — Pret A Manger has leased a two-story retail building on Capital Hill in Washington, D.C., according to Douglas Development, the building’s owner. Located just two blocks from the U.S. Capitol Building, the restaurant will occupy 4,300-sq. ft. and offer two floors of indoor dining as well as a large outdoor patio.
Originally from London, Pret A Manger opened its first U.S. location in 2000 near the New York Stock Exchange. Today, there are over 300 Pret A Manger locations worldwide.