Rochester, NY 8/17/2009 4:56:51 PM
Rite Aid Corp. RAD - Rite Aid Recently Announces Market Retail Shares Down
Rite Aid Corp. RAD
Last Tuesday reports, in the first week of August the sales is substantially stable. But the investor’s earnings reports, the retailer shares were fall.
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According to the International Council of Shopping Centers and Goldman Sachs, sales during the week that ended Aug. 8 remained unchanged, but on a year-over-year basis increased 0.4%.
"Overall, the sales performance should improve as comparisons begin to get easier and the economy is showing signs of recovery," Michael P. Niermira, ICSC chief economist, said in a statement.
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