For the five weeks ended Feb. 27, 2016, same store sales decreased 0.8 percent over the prior-year period. February front-end same store sales decreased 0.5 percent. Same store sales for the 13-week period ended Feb. 27, 2016 decreased 0.6 percent over the prior-year period. Same store sales for the 52-week period ended Feb. 27, 2016 increased 1.3 percent over the prior-year period. Going forward, Rite Aid will no longer report sales and comparable store sales results on a monthly basis. Rite Aid will continue to provide this information on a quarterly basis as part of its quarterly reporting.
Midland Paper, Packaging & Supplies (http://www.midlandpaper.com/), one of the nation’s largest independently-owned fine paper and packaging distributors, announced today that Dave Moore has accepted a promotion into an expanded role within the company. Dave currently works within Midland’s National division as President, National Printers. Dave will retain his title and current responsibilities, but in addition he will now take on a corporate role in which he will assist other Midland divisions with growing Midland’s share at key printing accounts.
Growth in the printer segment is a high priority for Midland, as Midland is fully committed to the goal of becoming the premier paper supplier to the printing industry. “Dave’s knowledge and experience in the printing arena are unparalleled. He has had tremendous personal success working with some of the printing industry’s top printers. In his expanded role I am confident he will be a great resource to others within Midland as we endeavor to grow Midland’s share at key printing customers”, stated Mike Graves, Midland’s President and Chief Executive Officer. “Jim (O’Toole) and I are looking forward to working closely with Dave to leverage his skills and experience in order to help Midland continue to grow”.