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Re: Robbay post# 1529

Friday, 02/21/2014 5:35:02 PM

Friday, February 21, 2014 5:35:02 PM

Post# of 3161
Walgreens does report frontend sales every month and in every 10-q and annual report. It represents around 33% of revenue. It is a huge profit center. Sushi sales are not broken out because they are a product offering in about 30 of over 8,000 stores.

Wickedone recently commented on dwindling Rx reimbursements which affirms my view and research and which would only tend to magnify the importance of the frontend assortment, including grocery and fresh food items. You apparently think retail drugstores will all give way to some Redbox kiosk dispensing prescriptions at minimal cost. I think that is parochial, naïve and several other adjectives that are impermissible in iHub's Terms of Service.

There is a cost to Walgreens location strategy and there is a cost to being on many of the best street corners in America. There are also advantages to that distinction between Walgreens and its competitors. Want to know why Walgreens share of hospital-networked 340-B Rx volume is so high? Ever notice what retail 24-hour pharmacy is situated directly across the street from most major hospitals in America? There is a reason why those hospitals choose Walgreens for their networks and it has NOTHING to do with chicanery or how Walgreens values its retail inventory.

Rite Aid had a good S/P day, today. Maybe it is because they don't carry sushi?

LOL.



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