Walgreens’ March sales down

Deerfield, Ill. — Walgreens posted March sales of $6 billion, a decrease of 4.3%, compared with the same month in fiscal year 2011. “We continued to see growth in our front-end business, and with Easter falling on April 8 this year, we anticipate that much of our Easter sales will be reflected in our April results,” Walgreens EVP and CFO Wade Miquelon said. “In addition, our new advertising circular strategy has helped drive profitable sales.” Walgreens launched its new weekly ad circular, with additional online savings, in mid-February. Prescriptions filled at comparable stores decreased 11.4% in March. The negative