Walgreens Boots Alliance Inc (WBA)

[big-yank]

There are a LOT of green initiatives in retail that involve no extra cost, or are actually cheaper as in Walmart's pressure on vendors to reduce packaging size and utilize recycled materials. These are "win/win" victories that are environmentally responsible and actually lower the cost of goods. Another example is Walmart's use of freezer lighting systems with motion detectors which actually switch off the electric lighting when nobody is there. Walmart employs similar motion detectors to turn off lights in offices and breakrooms when they are unoccupied.

I am still expecting a B-O-D move to be made on Wasson. I would not be surprised if such a move was led by KKR and Pessina who might choose to propose new board members beyond the two plants they already have, perhaps similar to the move Gabelli made at Diebold, recently, which led to the CEO's ouster.

I worked for a very large public company where the board, in fact, took out the CEO, COO and CFO. There was ZERO advance notice that anything was in the air. All the VP's were called into the main conference room, the board was present and announced the changes... you could have heard a pin drop. There were loudly audible gasps when they revealed the bloodbath that had just occurred. The only three operating exec's that had prior warning were the corporate general counsel, Exec VP Human Resources and the IR director. It was one of the most surreal days in my entire career!

GLTA,

Yank