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fiscal 2016 first quarter

Jean Coutu Group tallies sales gains in 1Q

Jean Coutu Group tallies sales gains in 1Q

LONGUEUIL, Quebec — Pharmacy and over-the-counter drug sales helped drive revenue gains in the fiscal 2016 first quarter for the Jean Coutu Group’s retail store network. The Canadian drug chain said Tuesday that for the first quarter ended May 30, sales for the franchised store network rose 4.4% to nearly $1.063 billion (Canadian) from $1.018

Rite Aid sees comp-store sales edge up in May

Rite Aid sees comp-store sales edge up in May

CAMP HILL, Pa. — Comparable-store sales at Rite Aid Corp. rose in May despite almost flat results in the front end. The drug chain said Thursday that for the five weeks ended May 30, same-store sales gained 2.1% year over year. The company had reported a 3% comp-store sales increase for April. In the front