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Rite Aid same-store sales slide in September

10/1/2009

Camp Hill, Pa. Rite Aid Corp. said Thursday its same-store sales fell 0.3% in September as a slight improvement in pharmacy sales was more than offset by a drop in sales in the rest of the store.

Front-end same-store sales fell 2.3%, while pharmacy same-store sales rose 0.7%.

Rite Aid said its total sales fell 1.5% to $1.94 billion in September.

Year-to-date same-store sales fell 0.3%, while total sales for the year-to-date period slid 1.9% to $14.74 billion.

Rite Aid had 4,809 stores at the end of the quarter, down from 4,922 at the same time a year earlier.

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