Re: Longs to become CVS?
Not exactly. Walgreen’s has expressed a firm commitment to the Hawai‘i market that includes building more stores than Longs Drugs can shake a stick at. They are in a much better position as a nationwide chain than Payless to compete head to head with Longs.
I wouldn’t put just two chains in the category of “all.” Neither of the two you cite was anywhere near as big as Walgreen’s, which already has more stores than Longs nationally, and already has local fans like anapuni.
I highly doubt that. Walgreen has already given up on their bid, and even if economic conditions turned around in time for them to change their mind, replacing a smaller regional monopoly (Longs) with a bigger national monopoly (Walgreen’s) would have antitrust regulators easily having the last say before it ever got to a lawsuit stage. It’s CVS’ ballgame to lose, at this point.
Originally posted by Frankie's Market
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Originally posted by Frankie's Market
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Originally posted by Frankie's Market
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