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Annual DSN roundtables draw record crowd
NEW YORK — Walgreens. Costco. CVS Caremark. Rite Aid. H-E-B. Wegmans. Kerr Drug. The list goes on. In all, it was a veritable who’s who of retailing as Drug Store News’ annual Industry Issues Summit, which also included a Specialty Pharmacy Roundtable and Diabetes Roundtable, attracted more than 200 attendees — a new attendance record — and featured the most diverse retail panelists to date.
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Walgreens reports sales gain across all sectors
DEERFIELD, Ill. — Walgreens saw a rise in sales across the board for the month of November and fiscal first quarter 2011, the drug store chain said Friday.
Total sales for the chain rose 8.6% to $5.83 billion in November, with 2.8 percentage points contributed by Duane Reade stores. Comparable-store sales for the month also saw a gain of 3.2%, although comps results do not include Duane Reade sales. Total sales for the quarter saw a strong gain of 5.9% to $17.33 billion, as comparable-store sales increased 0.8%.