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Walgreen Co. Message Board

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  • cc43578 cc43578 Aug 24, 2012 11:16 PM Flag

    ANOTHER PRICE INCREASE BY WALGREENS???!!!

    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.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • 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.

 
WAG
73.2581+1.2681(+1.76%)11:49 AMEST

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