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Walgreen Co. Message Board

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  • immerlogic immerlogic Aug 24, 2012 6:03 PM Flag

    ANOTHER PRICE INCREASE BY WALGREENS???!!!

    Have you ever had the experience of going to Wal-Mart for something, only to find out they don't carry it, or are out of stock? You make 2 or 3 more stops before you get to Walgreens and finally make your purchase. You might have saved 30 cents if Wal-Mart had the product, but as it turned out you spent $2 in gas and 30 minutes trying to save 30 cents

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    • If Walmart's buyers can't browbeat the vendors and manufacturers into lowering the wholesale cost of their products a certain percentage each year, year after year, they just simply stop carrying the product.

      Ever try to buy a battery at Walmart?

      All they have are crappy RAY-O-VAC.

      No Duracell.

      No EverReady.

      I can't count how many times my wife has gone there for pantry, bathroom, laundry, and cleaning staples, only to find they've stopped carrying them.

      I hate that.

      • 1 Reply to cc43578
      • Most consumers are willing to pay for convenience. That's WAG's model.

        Obviously, it works better in a stronger economy than in a weaker economy. But, even in a weak economy WAG does OK, selling their generic store brands, as consumers trade down from name brands.

        WAG will continue to improve the front end. The risk is in the Rx area.

        WAG has been showing improving relative strength since the settlement with ESRX was announced. I had a nice trade from $29-36, sold over $36, bought back on a dip and picked up the div.

        We may hit a correction soon since Sept is the cruelest month, so I may sell again. But, WAG is a long term buy.

        MLevine.

 
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