... The huge expansion is resulting in a dilution of talent and most savy investors know that. I used to work for WAG and I no longer shop there due to poor customer service. The manager on duty had worked for the company for 1 year! I left WAG and sold most of my stock.
WAG customer service department is great at taking care of customer problems. Just send them an email. I sent one and I feel like something will be done to resolve the situation. But all of those out of stocks... my local WAG which is under a year old is just so damn busy (I'm NOT being sarcastic), it's going to be tough. Can't wait for them to build a few more goldmines I mean stores in my town.
Come on, did you really need a Walgreens employee to show you where the magazines are, or point to the "Prescription Pick Up Window"? So what if the Manager of the store has only 1 year experience, maybe he sees what the majority of wag investors see, Long Term Growth and Expansion! Walgreens is doing a fine job picking locations, and each store does its own hiring, so because you had a bad experience, burn the Executive officers and sell a great stock. If wag is so poor, then sell the rest of that great stock!
Poor customer service? Well, in case you don't do your research, Chain Drug review names one person the Retailer of the year. It is usually given to a top exec within a chain drug company. 2 years ago it was given to "WALGREENS EMPLOYEES!" This is the only time it was given to more then one person. Just shows how great this company is!
For all of you that are so down on Walgreens and are selling your stock, thanks! Your selling lets me keep buying more and more at this price. Everyone knows that the stock won't stay here long. Last year the stock went up 87%. We average 31% a year, so if it sits for a bit, I am not going to complain. If you were in it last year, you should be happy. If you got in within the last few months, it looks bad, but will be much better.