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Walgreens CFO and Pharmacy Pres report 8.6 percent growth

Deerfield, Ill - In 2009, Walgreens CFO Wade D. Miquelon reported that the then planned Heath Care Reform Initiative was "good" for Walgreens.

That view, considering the at times wildly skewed information on the policy, was rarely reported. In 2010, at its annual Analysts' Meeting, Walgreens President of Pharmacy Services Kermit Crawford outlined the retail giant's plan to become one of the nation's largest providers of health care services.

Now that plan's performing extremely well for Walgreens. It's latest press release reports that sales have increased 8.6 percent over the same month in 2009. Moreover, the news is the clearest sign yet that for a business that plays host to 6 million people each day, an economic turn-around is in the near future.

It's also a sign that the business process Wade Miquelon said the firm was in the process of implementing is now also working well. This is what Mr. Crawford said: "Considering the warm fall weather around much of the country and a lack of flu virus circulating, we're pleased we have provided more seasonal flu shots than we did at this point last year, when we ran out of flu vaccine supply in mid-October," said Kermit Crawford, Walgreens president of pharmacy services. "With the typical peak of the flu season still two to three months away and National Influenza Vaccination Week beginning Sunday, now is when consumers should protect themselves, their families and their friends before holiday gatherings begin. We've made it easier than ever to get immunized by offering flu shots at every Walgreens, every day with no appointment necessary."

With the constant GOP drumbeat against Health Care Reform, it's important to remind all that American Business likes the plan.  Walgreens has based its entire business around it and made a bet on its future.
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