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Walgreens, defying economic swoon, notches respectable gains in December
DEERFIELD, Ill. Pushing upstream against a dismal economic climate, Walgreens managed a gain of nearly 5% in comparable-store sales in December, with total sales rising 10.8% over prior-year levels to $6.1 billion.
Comp-store sales swelled 4.9% over the same month in 2007, Walgreens reported today, with “steady consumer traffic throughout the month” and a December increase in customer transactions of 0.7% in stores open more than a year.