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Walgreen Co. Message Board

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  • zippy1015 zippy1015 Jan 21, 1999 7:04 PM Flag

    wag stock 2

    <<<<<I'm trying to underwrite a
    loan on a Walgreen anchored shopping center. Its
    pretty much understood that they are pulling out of
    shopping centers in order to build free-standing, 15,000
    sf stores with drive throughs. I'm looking to make
    this point - does anyone know if they've ever
    announced this policy and, if so, where I might be able to
    find it? I thought folks who follow the stock might be
    more familiar with their press releases than
    I.>>>>>

    I recommend you start by looking at the annual
    reports from the past few years. I think they reiterate
    their freestanding strategy in the letter to
    shareholders or somewhere else within the language of the
    annual report. Good luck.

 
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