Walgreens Boots Alliance Inc (WBA)

[bar1080]

I dug that out: "Walgreens Pulling Back From E-Commerce"

"Is Walgreens Amazon Proof?

The demise of Beauty.com and Drugstore.com should not have a major effect on Walgreens' bottom line because the company's core business is growing.

US prescription drug sales increased by six percent during second quarter 2016, Reuters reported. Prescription sales are increasing because of the growing use of Medicare Part D.

That means Walgreens is Amazon-proof and a good investment. Prescription drugs are one area of retail Jeff Bezos will probably stay out of. This gives Walgreens an excellent source of revenue Amazon cannot threaten. That revenue source might grow; if the Rite Aid (NYSE:RAD) acquisition goes through, and increases Walgreens Boots' US footprint.

Another potential means of expanding prescription sales would be to offer prescription delivery through Uber, Lyft or Deliv. That would provide Walgreens with online sales Amazon cannot duplicate.

Despite its vulnerability to Amazon; Walgreens is still a very good investment, because of its prescription business. Its stock still belongs in contrarian and value portfolios because of the 1.81% dividend yield and 10.32% return on equity reported for May 31, 2016."

http://seekingalpha.com/article/3993100-walgreens-pulling-back-e-commerce