Walgreens opened 10 stores during February, including one relocation, and acquired one. Walgreens had February sales of $5.86 billion, an increase of 1.5% from $5.77 billion for the same month in fiscal 2011. This year’s total February sales benefited from one extra day because of leap year. All comparable store sales and prescription figures below…
Casey’s To Acquire 52 Stores
Casey’s General Stores Inc. has released its first quarter of fiscal 2011 results ended July 31, 2010, and with it an announcement that it has signed commitments to acquire an additional 52 locations, which it anticipates purchasing by the end of the calendar year. Casey’s reported basic earnings per share of $0.73 and approximately $6.2…
Inside the Mind of the Shopper
At the NACS Summit in Chicago this week, Matt McCourt, director of Convenience / Spirits for SymphonyIRI Group, gave insight into consumer purchasing patterns across multiple channels and how to reach shoppers in a changing environment. “Consumers are thinking about daily living costs. We’re seeing a new conservative shopper driven by affordable indulgences,” McCourt told…