Rite Aid same-store sales up 2.9% in October
Camp Hill, Pa. — Rite Aid Corp. reported Thursday that same-store sales increased 2.9% in October, boosted by a 3.6% surge in pharmacy same-store sales. Front-end same-store sales edged up 1.3%.
Total drugstore sales for the four-week period increased 2.8% to $1.96 billion compared to $1.91 billion for the same period last year.
Alliance Data teams with Christopher & Banks on credit card services
Dallas — Alliance Data Systems Corp. said Thursday that it has signed a new long-term agreement to provide private-label credit card services for Christopher & Banks.
Under terms of the agreement, Alliance Data will provide Christopher & Banks and CJ Banks with private-label credit card services, as well as beefed-up loyalty benefits.
"For us, the Christopher & Banks and CJ Banks credit card program is a critical way to extend our brand recognition and create additional customer excitement around our new look and shopping experience,” said Larry Barenbaum, president and CEO, Christopher & Banks.
Golfsmith swings to profit in Q3
Austin, Texas — Golfsmith International Holdings reported Thursday a profit of $1.3 million for the quarter ended Oct. 1, compared with a loss of $1.1 million a year earlier.
Net revenues increased 8.3 % to $101 million, from $93.3 million. Same-store sales rose 3.4%.