Thursday, 05 July 2007

Generic drugs weigh on June sales at CVS, Rite Aid

(Reuters) - At each chain, the rise in same-store sales of general
merchandise such as candy and cosmetics, outpaced same-store
pharmacy sales. Such growth was also seen at Walgreen Co.
, which reported its June sales results on Tuesday.




Generic drugs sell at lower prices than their branded
counterparts but are generally more profitable for drugstores.


Read more at Reuters.com Market News

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