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Walgreen Newer Store Sales Drive 5% Revenue Jump


Walgreen's (NYSE:WAG) overall sales rose 4.9% for the month of November to $6.36 billion amid rapid expansion of new stores.

But comparable store front-end sales edged up just 0.8%. Customer traffic in comparable stores fell 3.3%, but that was offset by larger basket size, which grew 4.1%.


During the month, Walgreen opened 24 stores including 12 relocations,