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Walgreen Co. Message Board

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  • buy_wag buy_wag Jan 31, 1999 10:05 AM Flag

    DUMP (Pardon me, I mean DEMP)

    <<The corner store is over in 90% of our
    lives,>>

    I could not disagree more. People have less and
    less free time and want to get what they want as fast
    a possible. The category killers (WMT, HD, etc.)
    have eliminated most of the middle-size players and
    builit their own superstores. The downside of these
    superstores is that it takes forever to get in and out. The
    point I often make to people is that you can get in and
    out of a WAG faster than you can walk across the
    parking lot of a Walmart Supercenter. :-^) As the
    populations ages, they will have less tolerance for the
    megahypersuperstores. And a clean, uncluttered,
    right-around-the-corner, just-the-right-size Walgreens is exactly what
    they'll be looking for. Plus, these aging boomers are
    going to have comfortable retirements and aren't going
    to be motivated by the fact that WMT is a nickel
    less on toothpaste. WAG is better positioned than ANY
    other retailer to take advantage of these trends.

 
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