Walgreens to split into two companies

Walgreens to split into two companies

Posted in the Walgreens Forum

Bubba

United States

#1 Nov 11, 2012
Pure spec but with upper management probably concentrating on Alliance Boots and this transformation into a global distributor and manufacturer, I can see a scenario where they split that part off from the retail stores here in the US. They may keep some stores like the successful Wellness stores but then just distribute drugs and Walgreens and Alliance products to Walgreens stores. It's not too far fetched. There is Coke and Coke bottling and distribution..two companies.
Nicodemus

Ardsley, NY

#2 Nov 12, 2012
Franchise ?

Since: Mar 11

Location hidden

#3 Nov 12, 2012
these idiots need to stop spending money, buying companies when the european market was/is in the trash and get this stock back up to a decent level.
oh, wait that would be common sense and clearly this idiotic company has none but lets keep paying millions in bonuses and screwing everyone who isn't in corporate
wag the erudite

Los Gatos, CA

#4 Nov 12, 2012
I have a hard time realizing any route that these two companies can exist and function as anything other that 2 seperate companies. The values and business models just don't mesh together. Trying to fine tune a US business model with a much larger global concern doesn't seem to lead to any business growth or cohesiveness of purpose. Either a waste of time or something fundamentally changing in the walgreens model. Maybe walgreens becomes little more than a factory outlet for alliance goods. Maybe walgreens will bring to the table the idea that workers should be expected to work harder and with more productivity (faster and faster) while having their hours lessened to the point where they are no longer eligible for benefits such as healthcare. t should be more important the speed of accomplishing a task rather than the quality of the task.
Bubba

Venice, FL

#5 Nov 15, 2012
I think the main role of most stores is leverage against competition..mainly PBM mail order and CVS. The only other "use" of stores IMO is to cut operating costs and dress them up for a sale. The cash they generate(if they are doing so) is just going to be used for the purchase of the rest of Alliance boots and all the management needed for this new company. After a split your store either makes money or closes.

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