Drugstore.com acquisition will speed up Walgreen's online growth

03/25/2011 | Wall Street Journal, The

At first glance it might seem that $429 million is a hefty price for Walgreen to pay to acquire Drugstore.com, but the move makes sense from a competitive aspect, writes John Jannarone. Acquiring the online drugstore that already sells 60,000 products and boasts nearly 4 million monthly visitors is faster than trying to build a similar store in-house, at a time when large rivals including Amazon are rapidly ramping up their sales of non-media offerings.

View Full Article in:

Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Senior Analyst Seasonal Merchandising Planning
Northbrook, Illinois
Warehouse Systems Manager
Pleasant Prairie, WI
HR Organizational Partner
Saint Petersburg, Florida
Process Improvement Manager
Pleasant Prairie, WI
Assistant Store Director-Operations, M&M's World NYC Times Square
Mars Retail Group
New York- Times Square, New York