Dollar General Corp. reported fiscal second quarter earnings of $282.3 million, or 95 cents per diluted share. Revenue was $5.1 billion, with increases in store traffic and transaction value, the company said on Thursday.
The National Association of Chain Drug Stores honored the achievements of several retailers at the Total Store Expo, with the Harold W. Pratt Award — pharmacy’s highest honor — going to Rite Aid executive vice president of pharmacy Robert Thompson.
Consumers continue to give high marks to service and staff at retail pharmacies, and supermarkets are among the highest ranked, according to the J.D. Power 2015 U.S. Pharmacy Study.
Walmart reportedly is making changes to its merchandising teams in China and the United States.
Shannon Curtin, group vice president and general merchandise manager for beauty and personal care at Walgreens, is leaving the company, a spokeswoman for the drug chain confirmed.
Target Corp. reported on Wednesday fiscal second-quarter earnings of $1.22 per share, up from 78 cents in the year-earlier period. Revenue rose to $17.4 billion from $17 billion the previous year.
Walgreens plans to cut 370 corporate-level jobs as part of ongoing restructuring and cost reduction efforts.
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