Drugstore retailer Rite Aid has reported revenues rose 2.5% in the second quarter to $6.2bn (£4.2bn). Like-for-like sales decreased 0.9% in the front end and 1.8% in the pharmacy business. Net loss was $197m (£134m), compared with last year’s second-quarter net loss of $116m (£74m), which was partly attributable to lower sales.

Topics