Deerfield, Ill. An early Easter season boosted Walgreen Co.'s sales in March, bringing more customers into its stores and increasing sales of seasonal items. Walgreens said its March sales increased to $5.82 billion from $5.47 billion in the year-ago period. Same-store sales were up 2.3%.
The company opened 52 new stores in March, including eight relocations. It acquired four stores and closed three, leaving the chain with a total of 7,225 drug stores at the end of the month.
By the end of April, Walgreens expects to complete its acquisition of the New York-based Duane Reade chain, which will give it 257 more stores in the metro New York area.