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Riedl to leave Walgreens

Riedl to leave Walgreens

George Riedl, senior vice president of pharmacy innovation and purchasing at Walgreen Co., plans to leave the company at the end of the year.

Front-end rebound, strong Rx boost Walgreens’ monthly sales

A rebound in front-end business and strong pharmacy sales fueled a solid same-store sales gain at Walgreen Co. in September. The drug store chain said Friday that sales in comparable stores rose 5.3% for the month, more than doubling the 1.9% uptick in August and the 2% increase in July.

Rite Aid sees dip in September same-store sales

Same-store sales tailed off in September at Rite Aid Corp. but improved compared with the previous month’s results. For the four weeks ended September 26, Rite Aid’s same-store sales fell 0.3%, marking the drug store chain’s fourth consecutive month of same-store declines.

Ex-Supervalu executive lands at Wal-Mart Canada

Ex-Supervalu executive lands at Wal-Mart Canada

Former Supervalu Inc. executive Duncan Mac Naughton has joined Wal-Mart Canada Inc., Chain Drug Review has learned. Mac Naughton is slated to serve as chief marketing officer at the Canadian arm of the discount retail giant, according to industry sources.

Walgreens 4Q earnings top analysts’ forecast

Fueled by a robust sales gain, Walgreen Co. bested Wall Street analysts’ profit projections for its fiscal fourth quarter but saw earnings slip year over year. The drug store chain said Tuesday that sales for the quarter ended August 31 climbed 7.6% to $15.7 billion from $14.