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Issue Date:
07/05/2005
In This Issue
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1. Walgreen June Sales Increase 12.0%; Comps Up 7.8%
Calendar year-to-date sales were $21,254,646,000, an increase of 13.3% from $18,751,899,000 in 2004. (PERIODICAL ARTICLE)
2. Asda Cuts Jobs to Challenge Rival Tesco
Asda, the British supermarket chain owned by Wal-Mart Stores, is cutting 200 management jobs and up to 1,200 store positions as part of a shake-up. (PERIODICAL ARTICLE)
3. Rite Aid June Sales Down 0.1%; Comps Up 0.2%
Total drugstore sales for the month declined 0.1% to $1.281 billion from $1.283 billion last year. (PERIODICAL ARTICLE)
4. Wal-Mart to Increase Stake in Seiyu
A Japanese paper reports Wal-Mart will buy new shares in Seiyu to raise its stake to over 50% from the current 42.4%. (PERIODICAL ARTICLE)
5. Wal-Mart Raises June Sales Forecast
Wal-Mart Stores raised its forecast for June comps, citing demand for seasonal and general merchandise. (PERIODICAL ARTICLE) | |
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2005
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