The Bullcase case is these stores are on every corner and they are a quick buy a few items stop if you don't feel like going to a Walmart or Target, etc. They can easily charge a premium for basic products similar to a gas station because they are so easy to shop at and are everywhere. With more Walgreens brand/generic brand products they can increase retail margins. Pharamcy wise, Chick-Fil-A level customer service - front and back of the store. This will take time and current employees will need training and Walgreens culture will have to change to make this possible. Overall I think Walgreens can recover but it will take years for the culture to change in the ways the CEO is stating. Reducing sales leaseback will overall reduce costs since they own a lot of real estate and will no longer need to pay others to own it. Over time, lease payments might exceed the cost of owning the asset, leading to higher overall expenses.
We beat amazon by having a human interfece.. next setence.. we have a digital centralized pharmacist that can talk to patients. What a joke of a company
Walgreens, is failing! The back of the store is horrendous, lack of training, lack of pay, lack of care, lack of budget. The Online Pharmacist idea is laughable when you think about how the CEO said it will work, saying they can help many stores at once. Ive been in Walgreens Pharmacy, and 1 pharmacist in 1 store isn't enough most times and to not have any pharmacist in store but online, would be a disaster. Front of store is soo behind where it needs to be it has become a glorified Family Dollar store. They are not doing anything for shrink. People steal in droves. Employees are scared for their lives
WBA is a dud today. It was a dud when my advisor bought it at $70 . I wouldn’t set foot in my nearest store because it’s a dump and only has 1 person at the register.
Thanks for reminding me why I don’t shop at Walgreens and I don’t own Walgreens stock. The very idea of having only one pharmacist for multiple stores is insane.
I might have to take the 40% L on this one to save the rest of my capital...i dont see a bottom in sight. What a mistake thinking this would be a safe long term dividend investment with pharma exposure. Smh. Its also funny they compare this to Chik Fila service while WBA has like 3 employees max at once and Chik seems to have a minimum of 15. This is way too bullish of an interview, typical Cramer...do the opposite of what he says.
@@ostentatioussavant8215 yes I did. Took the cash and put it into Microsoft. WBA is going to be a painful stock to hold for years, if they even pull themselves out of this mess they're currently in.
This interview is EMBARRISING... 1 month later their stock is at $15... Walgreens is literally dying in front of our eyes...This is a result of terrible ongoing leadership for years from store managers to district managers to regional managers and beyond, stores being totally neglected, the company wasting way too much money, and the confusion in which direction “Walgreens” is going which the RETAIL STORE is Walgreens for many people NOT the pharmacy or “healthcare company”… and then putting clowns such as this guy as CEO’s… RIP Walgreens.🪦
The Bullcase case is these stores are on every corner and they are a quick buy a few items stop if you don't feel like going to a Walmart or Target, etc. They can easily charge a premium for basic products similar to a gas station because they are so easy to shop at and are everywhere. With more Walgreens brand/generic brand products they can increase retail margins. Pharamcy wise, Chick-Fil-A level customer service - front and back of the store. This will take time and current employees will need training and Walgreens culture will have to change to make this possible. Overall I think Walgreens can recover but it will take years for the culture to change in the ways the CEO is stating. Reducing sales leaseback will overall reduce costs since they own a lot of real estate and will no longer need to pay others to own it. Over time, lease payments might exceed the cost of owning the asset, leading to higher overall expenses.
We beat amazon by having a human interfece.. next setence.. we have a digital centralized pharmacist that can talk to patients. What a joke of a company
Walgreens, is failing! The back of the store is horrendous, lack of training, lack of pay, lack of care, lack of budget.
The Online Pharmacist idea is laughable when you think about how the CEO said it will work, saying they can help many stores at once. Ive been in Walgreens Pharmacy, and 1 pharmacist in 1 store isn't enough most times and to not have any pharmacist in store but online, would be a disaster.
Front of store is soo behind where it needs to be it has become a glorified Family Dollar store. They are not doing anything for shrink. People steal in droves. Employees are scared for their lives
WBA is a dud today. It was a dud when my advisor bought it at $70 . I wouldn’t set foot in my nearest store because it’s a dump and only has 1 person at the register.
Today 6/28/2024 this piece of sh!t is $12.06 - I'm down close to 70% - HUGE MISTAKE
I'm down 50%. I see it bouncing back 3-4 years. I'm in it now for the long haul.
down over 50% since this interview hahahahah
This guy needs to go
Thanks for reminding me why I don’t shop at Walgreens and I don’t own Walgreens stock. The very idea of having only one pharmacist for multiple stores is insane.
I might have to take the 40% L on this one to save the rest of my capital...i dont see a bottom in sight. What a mistake thinking this would be a safe long term dividend investment with pharma exposure. Smh. Its also funny they compare this to Chik Fila service while WBA has like 3 employees max at once and Chik seems to have a minimum of 15. This is way too bullish of an interview, typical Cramer...do the opposite of what he says.
Hmm. I'm way down too :(
Did you sell?
@@ostentatioussavant8215 yes I did. Took the cash and put it into Microsoft. WBA is going to be a painful stock to hold for years, if they even pull themselves out of this mess they're currently in.
I love walgreens ❤❤❤
So do shop lifters
Cold shot on Cheez-Its.
I wonder what this guy would say about Walgreens, not protecting medical information of customers who use their pharmacy
In fact, not just not protecting it, but advertising it for the public to see
June 20 closing price $15.87....he is no savior....
00:02:43.
00:02:45.
#MichaelLeonRobisonisnotstealingperiod. 00:03:28
Stores need a face-lift
How much I expected to tip for the delivery?
THIS STOCK (WBA) IS GIVING ME VERY GOOD MONEY IN OPTIONS
How so?
Down 21% since this interview.
Update: down 61% since this interview.
CEO of the Year, lol 😅
walgreens millbrae is empty, but still cashier extraordinarily slow
Wow, 8600 locations!
With many closing very soon!!
@@OfficialChrisFair true
Garcia Gary Young Shirley Jackson Barbara
Robinson Donald Gonzalez Barbara Lewis Daniel
Lewis Matthew Lee Thomas Thompson Susan
Wilson Linda Williams Amy White Karen
This interview is EMBARRISING... 1 month later their stock is at $15... Walgreens is literally dying in front of our eyes...This is a result of terrible ongoing leadership for years from store managers to district managers to regional managers and beyond, stores being totally neglected, the company wasting way too much money, and the confusion in which direction “Walgreens” is going which the RETAIL STORE is Walgreens for many people NOT the pharmacy or “healthcare company”… and then putting clowns such as this guy as CEO’s… RIP Walgreens.🪦