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WAG
Walgreen Co.

5/26/2012, 12:44 PM ET
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  • Friday 8:00 AM Wal-Mart (WMT) says it's seeing good results with a pilot program of small-sized stores called Walmart Express. Execs say the stores are showing profits and the company could roll out hundreds more in the near future. Designed to catch spur-of-the-moment shoppers and small enough to tuck into tight spaces, Walmart Express stores could pose a threat to Walgreen (WAG), CVS Caremark (CVS), and Rite Aid (RAD) in the future. [Consumer]
  • Wednesday 11:02 AM Express Scripts (ESRX) CEO George Paz tells the WSJ that he would "love to do a deal with Walgreen (WAG)" to revive their contract, which expired a few months ago, "if they're willing to offer rates in line with everybody else." Of the Medco merger, Paz said that while Express Scripts is frugal, Medco "had a different culture with respect to spending money." [Healthcare]
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Company Description

Walgreen Co. (the "company" or "Walgreens") was incorporated as an Illinois corporation in 1909 as a successor to a business founded in 1901. As of August 31, 2009, we operated 7,496 locations in 50 states, the District of Columbia, Puerto Rico and Guam. In 2009 the company opened or acquired... More

Sector: Services
Industry: Drug Stores
Country: United States