Hurry......get your tickets now. Flight to QUALITY is going on now. WAG is quality. The boys and girls are jumping in now. The WAG bashers always.....I say always disappear when we perform as quality companies do. Quality companies deserve quality p/e's. King L. Daniel Jorndt is taking care of us. Your flight with first class seating is leaving soon! Good day!
U still pissed 'cause WAG will not hire You? What is Your Major malfunction there boy? Seems You need an attitude adjustment. You say WAG has no stores where You live,yet You seem to know a awful lot about the new WAG locations.
Opiinions are like assholes -Everyone has one.
Lets not make this a hostile work place enviornment now.
Everytime You get angry You beniGn to stutter.
Besides I thought We had a deal? You was to stay on Your side of the fence remember? Guess We need to talk over the (Who) rules again. 101.
Hop on board the Walgreens Crop Duster for a ride with fits and starts. If you want a real smooth ride climb aboard the Cisco Express. Check these numbers out Peoria: 1 year investment growth 128%; 3 years, 575%; 5 years, 2,800%. You can tout Walgreen all you want, but moving up to where it was same time last year isn't much of a deal. But then again all you are concerned with is how CVS and Rite Aid are doing.
P.S. Even Fortune Magazine in a recent issue stiffed Walgreens, giving CVS a better future for its growth potential. Check it out.
I count approx. 65% of the new locations in this market as very poor choices, poor traffic flow, poor density, population declines and the sales numbers indicate the poor choice. Do the math, the boys in RITEAID rushed in and either overpayed or made poor choices. Are they the ones making the selections for WAG now? I think very tough times are ahead if these type of judgements continue.
I agree with your views on new stores. Where I live a new Walgreens went up about a year ago and within a 2-3 mile radius there are at least 3 CVS, 1 Brooks, 1 family owned pharmacy, and 2 supermarkets that have pharmacies. In addition, they tore down a historical landmark and made the community mad (situation was not entirely WAG's fault). As a result, when I drive by I really never see a lot of cars in the parking lot. It rarely seems busy. The area was oversaturated to begin with- so I'm not surprised to see this. I go there when I can because I want to support my company, but I also have 6 other choices competing. So if this is the situation elsewhere, I think you're correct in your opinion. I have heard or read somewhere that Walgreens goes where there are other established drug stores and tries to just get their own slice of market share there instead of really researching where there are new markets to attack. Am I correct?