RAD Same Store Sales Down 1%

Rite Aid Corp RAD reported on Thursday a 1% decline in its same-store sales in August. The decline in sales at stores open at least one year was in line with market expectations. RAD’s total drugstore sales for the five weeks ended August 28 were down 2.2% to $2.34 billion, from $2.395 billion in the same period in 2009. Read more from Benzinga's Company news.