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Walgreens comps climb
This year's November had one additional Saturday and one fewer Thursday compared with November 2012. Despite these calendar shifts, Walgreens still saw comparable store sales climb for the month.
The company reported November sales of $6.1 billion, an increase of 4.1% compared to the same month last year. Total front-end sales increased 3.2%, while comparable store front-end sales increased 1.9%. Customer traffic in comparable stores increased 0.8% and basket size increased 1.1%.
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Ahold USA appoints new CFO
Dan Sullivan was elevated to the role of CFO at Ahold USA following the departure of Paula Price.
Price spent nearly five years there, but decided to take her career in a new direction, according to a statement by the supermarket operator, subsidiary of Netherlands-based Royal Ahold and owner of the Stop & Shop and Giant Food Stores chains. Price will lecture at a leading university on leadership and technical topics related to her unique business journey in addition to complementing her existing corporate and non-profit board positions, according to the company.