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Rite Aid's same-store sales show improvement
CAMP HILL, Pa. — Same-store sales at Rite Aid increased by 1.3% in May, compared with the year-ago period, the retail pharmacy chain said Thursday.
Reporting sales for the five-week period that ended May 28, Rite Aid said front-end same-store sales increased 1.8%, while same-store sales in the pharmacy increased by 1%, including a 129-basis-point offset due to introductions of new generic drugs. Prescription count increased 0.1%.
Total drug store sales during the period were nearly $2.5 billion, a 1% increase over $2.45 billion in May 2010.