r59: WBA
I saw Cramer interview the CEO on CNBC recently. My impression is that the CEO knows that he has a lot of work to do to turn things around. But he wasn't too specific about changes he would make, if my memory of the interview is correct. He mentioned empowering pharmacists to do quasi-medical stuff in the stores, I believe.
Anecdotally speaking, I visited a Walgreen's the week before last and almost nothing was on sale, and the vitamin shelves were poorly stocked. My thought was they might be closing that location. It was the first time I visited there and left without a purchase.
Walgreen's merchandise, imo, is not overly priced, as is CVS's merchandise.
Tomorrow, I might sell puts, having a position that has a fairly big unrealized loss.
The stock is at a 10-year low.
