CAMP HILL, Pa. — Rite Aid increased sales and narrowed losses in second quarter 2012 as its Wellness+ loyalty card program continued to grow and its new Wellness store format saw continued expansion.
The company reported sales of $6.3 billion, a 1.8% increase over second quarter 2011’s $6.2 billion. Losses were $92.3 million, compared with $197 million in the same period last year.
The Wellness+ program had 44 million members, compared with nearly 40 million in first quarter 2012. In a conference call with investors....