-
Rite Aid's comps grow in July
CAMP HILL, Pa. — Rite Aid’s same-store sales increased by 1.9% in July, the retail pharmacy chain said Thursday.
During the four-week period ended July 23, comp sales jumped 3.1% on the front end and 1.4% in the pharmacy, including a 151 basis point reduction resulting from introduction of new generic drugs. Prescription counts decreased by 0.4%. Total sales during the four-week period were about $1.92 billion, a 1.6% increase over July 2010.
-
Cabela's hooks a strong quarter
SIDNEY, Neb. — Despite heat waves throughout the country that made leaving the indoors unbearable this summer, consumers still took the time to enjoy the great outdoors, as evidenced by the strong first-quarter results reported by Cabela's. The outdoor sporting goods retailer reported that total revenue for the first quarter increased 7.7% to $562.1 million. For the quarter, comparable-store sales increased 4.4%.