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Валгрин Ко. Message Board

  • med_investor med_investor Oct 11, 2007 12:50 AM Flag

    Adding a store every 17 hours

    Walgreen opend its 600th store in late September and now reports 6,014. It added 14 stores in past 2 weeks. According to one report, WAG adds a new store every 17 hours. CVS and RAD close some duplicate stores. That is the side effect of acquisition.

    "Walgreens operates 6,014 drugstores in 48 states and Puerto Rico, including 77 Happy Harry's stores in Delaware and surrounding states. The company plans to open 550 new drugstores in fiscal 2008, with a net increase of more than 475 stores after relocations and closings."