Shoppers Drug Mart in good shape ahead of acquisition

Date : 13 November 2013
Shoppers Drug Mart’s third quarter sales increased by 2.4% to $3.3bn, with same-store sales up 2.2%. Promotional investments driving up basket size This is another solid set of results from Shoppers Drug Mart, particularly given that it was expected to be impacted by Target’s market entry.…
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