Walgreen roundup: ACA benefits extended, tobacco and store traffic in focus


Walgreen (WAG -0.4%) extends a program to provide benefits to new insurance enrollees under the Affordable Care Act out to April 15.

The company has received a letter signed by eight Democratic senators urging it to follow CVS Caremark's lead and stop selling tobacco products.

Channel checks indicate the Walgreen chain is seeing an increase in the average basket size of customers. The trend could dull the impact that cold weather patterns has had on traffic in Q1.

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Comments (3)
  • BlueOkie
    , contributor
    Comments (10638) | Send Message
     
    Are the eight Democratic Senators stockholders? Why not pass a law saying cannot sell tobacco products in drug stores - ironic that they are drugs. Any bets on whether the Senators are up for reelection or not?
    10 Feb 2014, 02:44 PM Reply Like
  • rvshaw
    , contributor
    Comments (117) | Send Message
     
    So, the same party that couldn't run a koolaid stand, wants to tell how Walgreen's should run their multi-billion dollar business.
    10 Feb 2014, 02:54 PM Reply Like
  • rvshaw
    , contributor
    Comments (117) | Send Message
     
    And if every store quit selling cigarettes and ran the tobacco industry into the black market, what would the Democrats do if they didn't have that tax revenue to buy votes with?
    10 Feb 2014, 02:55 PM Reply Like
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