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Walgreens’ September sales up 5.4%
Deerfield, Ill. -- Walgreen Co. said Wednesday that its sales increased 5.4% in September, to $5.95 billion from $5.65 billion in the year-ago period.
Pharmacy revenue rose 4.6%, while front end sales were up 5.1%.
Same-store sales rose 3.1%. Wall Street analysts were expecting growth of 4.6%.
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Industry leader Art Nielsen passes away at 92
NEW YORK — Global information services company Nielsen announced the passing of one of its former executives.
Arthur C. "Art" Nielsen, Jr., 92, helped Nielsen create such innovations as consumer and performance surveys, market share, department and food index and television ratings, during his tenure as chairman and president. Nielsen's father, Arthur C. Nielsen, founded the company in 1923. Nielsen, Jr., joined the company in 1945 and retired in 1983, according to the New York Times.