Chain-store sales rise in September, led by recovered drugstore sector

10/11/2013 | American City Business Journals

U.S. chain-store sales rose 4% year-over-year in September, according to a new chain-store sales report by ICSC. Leading the increase was the drugstore segment, which had its strongest month since April 2007, according to Michael P. Niemira, vice president of research and chief economist for ICSC. "This seemingly heralds the full recovery of this segment, after an extended period of weakness due to several mitigating factors," he said.

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