Walgreens Co. Swot Analysis Essay

2452 Words Jul 2nd, 2012 10 Pages
Walgreens Company SWOT Analysis
Melanie Garces
MGT/521
July 16, 2012
Kirk Davis

Abstract
This paper will provide insight into the strengths, weaknesses, opportunities, and threats of the Walgreens Company, the nation’s leading drugstore chain. The company’s key stakeholders – customers, employees and the community are also identified and an explanation provided as to how the company is satisfying the needs and wants of each stakeholder type. This paper analyzes the strengths of the company as the industry leader with its wide portfolio of products and services, as well as establishing the benchmark for growth through acquisitions. The company’s weaknesses include prescription errors resulting in death and being unable to keep
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The acquisition also includes corporate offices, a distribution center located in Pine Bluff, Ark., and a wholesale and private brand business. In fiscal 2011, the company completed its acquisition of drugstore.com, extending its multichannel reach to an additional three million online customers, forgoing relationships with new vendors and partners and adding approximately 60,000 health, personal care and beauty products to its online offerings. (Wasson, 2011) In 2010, Walgreens completed its acquisition of Duane Reade Holdings, Inc., a large drugstore chain in New York. With one big purchase, Walgreens has become New York’s biggest player on many blocks, adding 258 metro-area stores to its portfolio. (Ritter, 2010)
Wide Portfolio of Pharmacy and Health-Related Services. Walgreens offers an extensive range of pharmacy and health care related services that complement each other. The company offers pharmacy benefit, home medical equipment, specialty pharmacy, infusion and respiratory, mail service pharmacy, on-site pharmacy, and community pharmacy services. It serves businesses and organizations, managed care organizations, hospitals and care facilities, healthcare professionals, employers, unions, brokers, and educational facilities, as well as the public sector.
Weaknesses
Pharmaceutical Errors Resulting in Death. Since 2006, Walgreens has faced multiple lawsuits