To the skepticism of many, Walgreens last year made a big global splash with its two-step merger deal with Alliance Boots across the pond. But with the announcement that the co-joined Walgreens/Alliance Boots had signed a 10-year distribution deal with wholesaler AmerisourceBergen, that included an equity stake to boot, well, it seemed that many analysts on Wall Street finally got it.
Walgreens opened the doors to its latest flagship location last month in the nation's capital, bringing to District of Columbia residents and commuters the kind of retail pharmacy theater already familiar to citizens of New York, Chicago and Los Angeles.
Nestled in Washington, D.C.'s, Chinatown is the recently opened Walgreens flagship store. The store, which marks the retailer's seventh Walgreens flagship location, features a "Walgreens" sign with Mandarin and Chinese characters that translate as "pharmacy," and its interior beauty department — better known as a Look Boutique — is among the most impressive yet.
There is perhaps no greater value in the OTC space than having a friendly face guide you to the health information you need — when you are physically in the store. That value will resonate even more with consumers once they realize that the guide is a dedicated position who is there to help them access health information at the shelf with the Drug Facts Label or through a Web-enabled tablet.
Everybody's got questions. Walgreens has answers. With topics covering everything from cold and flu to women's health, Walgreens has coupled comprehensive health information into a pocket-size pamphlet packed with coupons.
According to research, ownership of smartphones and tablets in particular have grown rapidly over the past couple of years, and that has created a multi-headed omnichannel hydra of a customer who retailers across all channels are desperately trying to appease.
Walgreens and NBC’s hit weight-loss competition series "The Biggest Loser" joined forces to launch a new web series that follows former contestant Filipe Fa's journey to lose weight and keep it off once and for all.
The board of directors at Walgreens declared a regular quarterly dividend of 27.5 cents per share, a 22.2% increase over the year ago dividend. The dividend is payable June 12, 2013, to shareholders of record May 21, 2013.