Essay On Walgreens

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Strengths
• Industry Demand
• Size, Ubiquity, Brand Recognition
• A Strong Customer Well-Fare Focus
Weaknesses
• Dependency on Generic Conversion
• Competitiveness with Big Box Stores

Strengths

Market Demand

Walgreens have a huge market. The company has different services like health and wellness services in drug stores of the United States, photo studio and pharmacy. The Walgreen pharmacies have prescription and non-prescription drugs. Also, they sell general merchandise such as beauty and household items. Obviously, that the major part of Walgreens customers are mostly elder people.

The populations in the U.S. and Europe are aging and it provides decent growth opportunities for the company. Since the older people usually need more …show more content…

According to Fortune magazine World’s Most Admired Companies Walgreens ranked #5 among food and drugstores and it has been listed for the past 21 years.
Their main advantage is that they constantly grow. Nowadays Walgreens have 8206 drugstores including 50 states, the District of Columbia, Puerto Rico and U.S Virgin Islands.
In addition to its drugstores, its Take Care Health Systems subsidiary manages more than 700 convenient care clinics at Walgreens drugstores and health and wellness centers.
Since most of the consumers choose to shop based on the convenience of the location, Walgreens stores are everywhere. It is very easy for consumers to find their local Walgreens pharmacy nearby.

Customer focus

Proximately 6.3 million customers visited Walgreens last year. Another huge strength of the company is their care about customers. Small size format stores allow they focus on customer convenience and service. By running different programs like Rx Savings Advisor, which was focused on elder people or The Dial-a-Pharmacy, the program that allowed customers to speak with a pharmacist in 14 different languages, Walgreens become closer to their

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