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Walgreen's CEO Discusses Q2 2012 Results - Earnings Call Transcript

To generate these solid results, we continued to focus on our 5 key strategies to become America's first choice for health and daily living. I'll begin today with an update on our first strategy, to transform today's traditional drugstore to a health and daily living destination. To date, we have transformed nearly 200 drugstores across the chain to our Well Experience format. These include stores in Chicago and Indianapolis and Duane Reade stores in New York. Add to that our new Well Experience flagships in Chicago, Las Vegas and New York City, and it's clear we're stepping out of the traditional drugstore format to create something completely new and unique. We're combining cutting-edge design with an improved product assortment and developing the right mix of health care, beauty, fresh food and private brand solutions to more closely meet the needs of our communities. Our goal is to create an experience unmatched in the industry and one that is flexible enough to accommodate every community. From a store in an urban food desert to suburban stores to a flagship location on Wall Street and all types in between.

Read the rest of this transcript for free on seekingalpha.com

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