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June 6, 2013

Costco's reported May sales of $8.13 billion, a 7% increase over May 2012, the club retailer said.

ISSAQUAH, Wash. — Costco's reported May sales of $8.13 billion, a 7% increase over May 2012, the club retailer said Thursday.

Comps for the month increased by 5% in the chain's 449 U.S. stores during the period between May 6 and June 2. For the 39-week period that ended June 2, sales were $77.13 billion, an 8% increase over $71.28 billion during the same period last year, while comps increased by 6%. On a regional basis, the company's stores in Texas, the Southeast and the Midwest showed the strongest results.

January 11, 2013

Consumables, drugs to see slower market growth in 2013, study finds

Growth in the consumer products market is likely to slow down over the next five years, while pharmacy retailers will see a profit windfall due to the generic drug cycle, according to a new report.

NEW YORK -- Growth in the consumer products market is likely to slow down over the next five years, while pharmacy retailers will see a profit windfall due to the generic drug cycle, according to a new report.

September 21, 2012

Rite Aid's turnaround seeds show signs of growth

The general consensus seems to be that the turnaround that the country's third-largest retail pharmacy chain has engineered over the past few years is working.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The general consensus seems to be that the turnaround that the country's third-largest retail pharmacy chain has engineered over the past few years is working.

(THE NEWS: Rite Aid looks to retain ESI patients, provide 'superior customer experience.' For the full story, click here.)

January 18, 2012

Analysts provide outlook for 2012

A wide range of factors and "moving parts" will likely make 2012 a challenging year for pharmacy retailers as the economy, generic drugs and the dispute between Walgreens and Express Scripts figure prominently, analysts say.

NEW YORK — A wide range of factors and "moving parts" will likely make 2012 a challenging year for pharmacy retailers as the economy, generic drugs and the dispute between Walgreens and Express Scripts figure prominently, analysts say.

Still, they say, various factors may serve to benefit drug stores and other retailers that operate pharmacies.