Walgreens To Close Stores After Dip in Second Quarter Profits
2014 is quite a year for Walgreens, not only have they closed Walgreens stores after purchasing several competitors, but they say closing these stores is a good thing.
And now reducing Walgreens USA corporate taxes by moving out of the country is even a better idea.
It's to bad no Investors are asking why their plans on increasing customer spending and customer traffic has not been achieved with their strategy.
Now you're just being a jerk. It is very common to close some stores after acquiring a competitor (like Super D). There will be stores overlapping a geographical area and it's far more efficient to fill 500 scripts at one store, than 250 scripts each at two stores. I once worked for Super D and in Memphis Super D and Walgreens were often within a city block of one another. CVS has a long history of that type of maneuver as their growth has been mostly through acquisition while Walgreens growth has been mostly organic over the years. It's only in the last few years Walgreen has become more active in the acquisition arena. When you make such ignorant remarks, it makes it clear that you will do anything to run down Walgreens. Your history of posting on this board has been 99% negative for years. It has nothing to do with Walgreens giving consideration to conversion. You just find the conversion topic an easy way to attack the company. You always end your posts with that very insincere "GLTA". You're a phony!