Rite Aid experienced an unusually soft cold and flu season due to increased consumer self-care and fewer elective procedures. In dining, restaurants are using their brands to sell packaged goods amid the pandemic. And in the economy, stimulus checks lifted March retail sales by a better-than-expected percentage. All this, Today in Data.
Data:
2015: The year that Rite Aid purchased pharmacy benefits and services company Elixir.
$620B: Approximate amount spent on consumer purchases in March 2021.
54%: Share of consumers who are cooking and baking more during the pandemic.
9.8%: Increase in advance monthly sales for March 2021.
$5.92B: Rite Aid’s revenues for the 13-week period that ended Feb. 27, 2021.