Walgreens has been known for its superior locations. The company has been able to carefully select the locations where it opens new stores. It uses the organix strategy in doing so (Biesada, 2006b). A lot of the Walgreens stores are usually stand-alone locations. Having stores in such locations has allowed the company to expand in a very easy way.
The company has grown into 24-hour running. It has also started offering drive-thru services. These have been the major developments in the company in recent years (Walgreens Corporation, 2006a). These locations chosen are very advantageous to the company. According to estimates, it can be noted that freestanding stores usually generate more revenue compared to the common strip center stores. The sales generated are usually 30% more in these free standing stores (Reeves, 2006).
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