News

Walgreens May sales up 6%

BY Michael Johnsen

DEERFIELD, Ill. — Walgreens on Wednesday posted May sales of $6.6 billion, an increase of 6%.Total front-end sales increased 3% compared with the same month in fiscal 2013, while comparable store front-end sales increased 2.6%. Customer traffic in comparable stores decreased 0.5% while basket size increased 3.1%.

Prescriptions filled at comparable stores increased by 3.5% in May and increased 5.6% on a calendar day-shift adjusted basis. May 2014 had one additional Saturday and one fewer Wednesday compared with May 2013. These calendar shifts negatively impacted prescriptions filled at comparable stores by 210 basis points.

May pharmacy sales increased by 7.9%. Comparable store pharmacy sales increased 5.5% and increased by a calendar day-shift adjusted 7.6%. Calendar day-shift adjusted comparable store pharmacy sales were negatively impacted by 130 basis points due to generic drug introductions in the last 12 months. Pharmacy sales accounted for 64.2% of total sales for the month. Sales in comparable stores increased by 4.4% in May.

Total sales for the third quarter of fiscal 2014, which ended May 31, were $19.5 billion, up 6.5%. Comparable store sales for the third quarter of fiscal 2014 increased 5.1%, while front-end comparable store sales for the quarter increased 2.2%. Prescriptions filled at comparable stores increased 4% in the third quarter and comparable pharmacy sales increased 6.8%.

Walgreens opened eight stores during May, including one relocation, acquired one and closed 23. Nearly all of the May store closings were part of the company’s previously announced efforts to optimize its asset base by closing a total of 76 drug stores during the second half of fiscal 2014.

On May 31, Walgreens operated 8,683 locations in all 50 states, the District of Columbia, Puerto Rico, Guam and the U.S. Virgin Islands. That includes 8,216 drug stores, 120 more than a year ago, including 70 net stores acquired over the last 12 months. The company also operates infusion and respiratory services facilities, specialty pharmacies and mail service facilities. Its Take Care Health Systems subsidiary manages more than 750 in-store convenient care clinics and worksite health and wellness centers.

 

 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
News

Tom’s of Maine announces new training toothpaste

BY Ryan Chavis

KENNEBUNK, Maine — Tom’s of Maine, a natural oral care brand, last week announced the introduction of Toddler Training Toothpaste. The toothpaste contains ingredients that come solely from plants and minerals, according to the company. It’s also safe if swallowed and contains no fluoride.

"As a new parent, the amount of choices you need to make about what goes in or on your baby’s body can be overwhelming," said Lindsey Seavey, brand manager at Tom’s of Maine. "But it’s also a time filled with possibility where even the smallest of decisions can make a difference, especially in the early years when you want to give your child the best start. We believe a natural toothpaste can be one step towards creating a healthy daily routine." 

Tom’s of Maine natural Toddler Training Toothpaste is now available at retailers across the nation for a suggested retail price of $3.99. The latest addition joins a roster of products that includes Silly Strawberry Toothpaste, Juicy Mint anti-cavity rinse and Wicked Cool! toothpaste.

 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
News

Kroger introduces Savor World Flavor event inspired by the tastes and flavors of Mexico

BY Michael Johnsen

CINCINNATI — Kroger on Tuesday invited customers to be inspired by the tastes and flavors of Mexico during a first-of-its-kind epicurean event in local stores called Savor World Flavor:Taste of Mexico.

Dozens of new product selections, cooking demonstrations and food sampling are planned during the company’s first Savor World Flavor event for three weeks in June. Customers can also visit ExperienceSavorWorldFlavor.com online to view recipes, watch videos, find a schedule of in-store events and register to win prizes, including three trips to Mexico.

"Savor World Flavor is about re-igniting our customers’ passion for food through the authentic tastes and cuisines of world cultures," stated Michael Donnelly, Kroger’s VP merchandising. "Carefully selected foods and recipes will create a unique fiesta for the senses in our stores during Taste of Mexico — and provide exciting and easy new options to help solve the daily question, ‘what’s for dinner?’"

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?