Walgreens
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Do a Web search for the Web site of Walgreens.http://investor.walgreens.com/annual.cfm. Locate the annual report to stockholders on the Web site. Answer the following questions: 1. What does the report say about the corporation view of future business challenges and the market in which it operates? 2. Does Walgreens see long-run adjustments?
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Solution Summary
Do a Web search for the Web site of Walgreens.http://investor.walgreens.com/annual.cfm. Locate the annual report to stockholders on the Web site. Answer the following questions: 1. What does the report say about the corporation view of future business challenges and the market in which it operates? 2. Does Walgreens see long-run adjustments?
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One of the major changes cited by Walgreens is the emergence of "value focused customer" during the recessionary period. As per the company, it is a phenomenon which is going to stay and thus, the company will have to make adjustments to attract such buyers. The company does seem to be making longer term adjustments in terms of store's look and feel, product mix, etc. to attract such value focused customers ...
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- MBA, Rochester Institute of Technology
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