business news in context, analysis with attitude

  • Rite Aid reported that its December sales decreased 3.0 percent to $1.429 billion as compared to $1.474 billion for the same period last year. Same-store sales were down 2.7 percent for the period.

    Year-to-date, total sales gained 1.6 percent to $13.850 billion from $13.631 billion last year, with same-store sales up 1.9 percent.

KC's View: