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Walgreens December Sales Increase 10.8 Percent
January 06, 2009
Deerfield, Ill.-based Walgreens recently reported a 10.8 percent increase in sales in December, compared to the same month in 2007. Comparable-store sales rose 4.9 percent, while comparable store front-end sales increased 0.4 percent. Walgreens stores saw steady consumer traffic throughout the month, with transactions in comparable stores increasing 0.7 percent in December. Pharmacy sales, which accounted 58.8 percent of total sales for the month, increased 13.5 percent, while comparable pharmacy sales increased 8.5 percent. Walgreens also opened two stores, acquired five stores and closed one store in December. As of Dec. 31, the company operated 7,131 locations in the U.S., Puerto Rico and Guam. That includes 6,636 drugstores, 596 more than a year ago.
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DDI visited the new JCPenney department store at Manhattan Mall in New York and spoke with store manager Joe Cardamone. Below is video of that conversation paired with a walk-through tour of the new store. For more on the JCPenney store, look out for DDI's November/December issue mailing out at the end of November.
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