Talk of The Villages Florida - View Single Post - Walgreens going private
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Old 03-09-2025, 08:59 AM
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Quote:
Originally Posted by Rainger99 View Post
Walgreens was founded in 1901 and has been a public company since 1927.

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A full service pharmacy needs to function as a "high touch " business (customer oriented). Once a business goes public, they tend to shift focus from customers and products to selling stock, increasing profits quarterly. In order to accomplish this new mission, they move management decisions to the top. Thus the decline begins.
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Real Name: Steven Massy Arrived at TV through Greenwood, IN; Moss Beach, CA; La Grange, KY; Crystal River, FL; The Villages, FL