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WalgreensA Strategic Analysis

ay not desire to face large crowds and long checkout lines at a grocery store during the after-work rush; yet does not want to feed the family another fast-food type meal. Frozen dinner entrees can be available as part of the front-end merchandise, and extra clerks need to be available to open additional registers during the after-work high-traffic hours. Other impulse purchase items need to be stocked at the front of the store to further boost Walgreens’ image as a convenient place to stop for a quick snack or beverage. Walgreens can occupy a niche between the grocery store and the convenience store in terms of product offerings and quick check-out.  ADD JERRY’S BULLETConclusionsIn concluding our analysis of Walgreen Company, some key factors warrant a final look. This company has created its 3,000 store empire in 99 years, focusing on customer satisfaction. A history of strong management has been the key component in this consistent expansion. Continuing this pattern of growth has led to the strategic vision of opening 6,000 stores by the year 2010. Current industry conditions make this vision an attainable one. The need for drugstores in this day and age is increasing due to the growing number of adults over 65 years of age. In a time of rapid industry consolidation, Walgreens has chosen to build from the ground up instead of buying out competitors. The idea is to grow faster and capture more market share by staying ahead of the competition. Walgreens has a solid mission statement and suitable objectives, which are being reached through constant growth and financial and strategic adjustments. With this in mind, additional recommendations to aid continued growth and assist attainment of stated objectives has been provided. Walgreens sets the industry standard by satisfying the objectives listed in the above analysis. The recommendations provided will assist and not hinder the future success of this ...

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