Microsoft said on Friday it will permanently close all of its 83 store locations and will instead focus on its e-commerce business, where customers can visit for support, sales, training and more. The decision comes after Microsoft temporarily closed stores in March due to the spread of the coronavirus. Microsoft said the thousands of workers from these stores have already transitioned to new roles where they're providing sales, training, and support to customers from Microsoft corporate facilities or remotely. Total Retail's Take: Microsoft opened its first brick-and-mortar store in 2009, where people could go to try the company's software and hardware. This decision was made after Apple, its main competitor, was enjoying great success and popularity with its modern, clean retail outlets. Over the past decade, Microsoft expanded its retail presence in an effort to create a shopping experience similar to Apple’s.
Rite Aid Corporation (NYSE: RAD) today announced sales results of its retail pharmacy segment for January.
For the four weeks ended Jan. 23, 2016, same store sales decreased 1.4 percent over the prior-year period. January front-end same store sales decreased 1.9 percent. Pharmacy same store sales, which included an approximate 242 basis points negative impact from new generic introductions, decreased 1.2 percent. Prescription count at comparable stores decreased 1.0 percent over the prior-year period.
Same store sales for the 47-week period ended Jan. 23, 2016 increased 1.5 percent over the prior-year period. Front-end same store sales increased 0.3 percent while pharmacy same store sales increased 2.0 percent. Prescription count at comparable stores increased 0.4 percent over the prior-year period.
more at: https://www.riteaid.com/corporate/news?p_p_id=riteaidpressreleases_WAR_riteaidpressreleasesportlet&p_p_lifecycle=0&p_p_state=normal&p_p_mode=view&p_p_col_id=column-3&p_p_col_pos=2&p_p_col_count=3&_riteaidpressreleases_WAR_riteaidpressreleasesportlet_action=getNewsRoomDetail&itemNumber=1941