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big-yank

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big-yank

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Tuesday, 09/11/2012 4:28:08 PM

Tuesday, September 11, 2012 4:28:08 PM

Post# of 3162
Is Walgreens apparently rethinking the La France acquisition?

They announced in June that they would close in September on this 144 store acquisition for $438 million. Today they announced that they are closing over half the newly acquired stores, which surely will generate a ton of severance and closure costs, plus erosion of the former customer base.

Does anyone think through these deals? Seriously.
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