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Data & Analytics

Walgreens October sales rise 6.1%
Deerfield, Ill. -- Walgreens had October sales of $6.37 billion, an increase of 6.1% from $6 billion for the same month in fiscal 2013. Same-store sales improved 5.8%.

Calendar day shifts negatively impacted total comparable sales by 0.3%age point, while generic drug introductions in the last 12 months negatively impacted total comparable sales by 0.7%age point. Walgreens opened 14 stores during October, including four relocations, and closed two.
Vitamin Shoppe reports flat Q3 net income; 60 stores on tap for 2014
North Bergen, N.J. – Vitamin Shoppe reported net income of $16.3 million during the third quarter of fiscal 2013, flat with the same quarter in the prior year. The retailer also reported a 14% increase in total net sales, to $272.5 million from $239 million, as well as a 2.6% jump in same-store sales.

How to Succeed Like Lou Reed in Digital Retail

As both founder of legendary 1960s rock group The Velvet Underground and as a solo artist, recently departed singer/songwriter Lou Reed was noted as a visionary and a curmudgeon. While his gruff approach to critics and fans may not be the best customer engagement template, Reed’s innovations as a musical artist offer lessons for retailers seeking success in the digital arena.

Avoiding all That Jazz
From the Editor's Desk