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Thread: Longs to become CVS?

  1. #76
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    Lightbulb Re: Longs to become CVS?

    Quote Originally Posted by anapuni808 View Post
    If I was a Long's stockholder, I would much rather see it sold to Walgreen's than CVS. Of course, I'm not a stockholder so my opinion doesn't really matter that much
    One businessman who is a stockholder and whose opinion probably matters more than others, is Bill Ackman of Pershing Square. Apparently, Ackman recently acquired an 8.8% stake in Longs Drugs, and in an interview on CNBC, gives his perspective on what he describes as an “interesting opportunity.”

    We can’t be so fixated on our desire to preserve the rights of ordinary Americans.

    — U.S. President Bill Clinton
    USA TODAY, page 2A
    11 March 1993

  2. #77
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    Default Re: Longs to become CVS?

    It's not always about the money.

    If Walgreens opens a location that is convenient for me and Long's gets sold to CVS - I will be more likely to shop at Walgreens. Right now, I work right across the street from Longs so I shop there.

    When it comes to corporate responsibility, social responsibility, being a good citizen of their community, and being a "green" company - Walgreens wins, hands down. Thats what I look for when shopping and will always pick that type of store over another that maybe isn't such a good citizen.

    For myself - it's not always about the money. I live on a very, very tight budget & could save money if I shopped at certain merchants here in town. But, my conscience will not allow it. This may sound silly to many but I don't really care - I have to feel good about my own choices, not anyone else's.

  3. #78
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    Lightbulb Re: Longs to become CVS?

    Quote Originally Posted by anapuni808 View Post
    When it comes to corporate responsibility, social responsibility, being a good citizen of their community, and being a "green" company - Walgreens wins, hands down. Thats what I look for when shopping and will always pick that type of store over another that maybe isn't such a good citizen.
    Okay, I must have missed something. What is it that Walgreens does that makes them greener/more responsible than CVS? I’m all for the environment, but higher on my agenda these days is affordability. If CVS buys Longs, there will be more competition in the drug store business in Hawai‘i — which translates to more affordable prices for consumers. Listen to CVS/Caremark CEO Thomas Ryan’s describe his intent to improve Longs’ performance.
    “We don’t do acquisitions for growth, we do acquisitions that we can grow.”

    We can’t be so fixated on our desire to preserve the rights of ordinary Americans.

    — U.S. President Bill Clinton
    USA TODAY, page 2A
    11 March 1993

  4. #79
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    Default Re: Longs to become CVS?

    If you put corporate philosophy to the side I think we are all better off if CVS buys Longs. I was looking forward to Walgreens coming here because it would break Longs' drug store monopoly. If Walgreens buys Longs we'll end up with a monopoly again and us customers would again have limited choice. I actually like Walgreens better than CVS but I still want CVS to buy Longs so we have two giants fighting each other than one giant controlling the market here in Hawaii.

  5. #80
    sansei Guest

    Red face Re: Longs to become CVS?

    hi this is sansei and i learned that if anyone here may wish to learn how the talk's are going on between walgreen's and long's along with CVS that you'd have to call a long distance number on which i tried and their's only a recording so you'd be able to leave a message for them to return your call so i thought to share this with everyone.

    well thank's for your time

  6. #81
    sansei Guest

    Red face Re: Longs to become CVS?

    hi this is sansei and i heard on the news update that longs will stick with CVS and they say that walgreen's price is way to much and that CVS when they purchased longs that it was at a good asking price and this make's me smile:O)

    Well thank's for your time

  7. #82
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    Lightbulb Re: Longs to become CVS?

    Quote Originally Posted by sansei View Post
    i heard on the news update that longs will stick with CVS and they say that walgreen's price is way to much and that CVS when they purchased longs that it was at a good asking price
    Not exactly, sansei. According to the Los Angeles Times, Longs Drugs was concerned about potential anti-trust risks. Their concern is similar to the feelings of amagab and myself. Both of us have said that if Walgreen Co. buys Longs, they will have a monopoly in Hawai‘i, which usually guarantees higher prices and poor service.

    That is why generally speaking, it is better for CVS to purchase Longs. It ensures that there will be competition, which has a trickle-down effect across the board. One example is the survival of our local media, which relies on advertising to survive. If we only have Walgreens, they will only buy one ad per media outlet, or maybe none at all. If they go head-to-head with CVS, there should be at least two ads per publication/spot.

    We can’t be so fixated on our desire to preserve the rights of ordinary Americans.

    — U.S. President Bill Clinton
    USA TODAY, page 2A
    11 March 1993

  8. #83
    sansei Guest

    Red face Re: Longs to become CVS?

    hi this is sansei and today i visited long's drug's in kam center to take my flu shot that Hmsa was sponsoring and i was one of the first's in line and they did the flu shot from the hour of 9:00 Am and i got out in a few minute's and then i went to see starmarket and it has changed a lot and anyone would be surprised of the change's and their's no bank or when you walk in,

    to the right,their's no desk where before the customer service agent's would help you on the phone so that's gone as well as where they once selled sushi so i thought to share this true update with everyone.


    well thank's for your time

  9. #84

    Default Re: Longs to become CVS?

    This is slightly off the track, but Longs-related....
    Longs is no longer publishing/distributing ads Sundays and Wednesdays - went to a Sunday-only ad with specials/sales effective Sunday-thru-Saturday. Probably saves them some $$.

  10. #85

    Default Re: Longs to become CVS?

    Quote Originally Posted by Kimo View Post
    This is slightly off the track, but Longs-related....
    Longs is no longer publishing/distributing ads Sundays and Wednesdays - went to a Sunday-only ad with specials/sales effective Sunday-thru-Saturday. Probably saves them some $$.
    The Wednesdays to Saturdays Longs' sale weren't that good anyway in the past. You didn't have to make a special trip for the Wed. to Sat. sale.

  11. #86
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    Lightbulb Re: Longs to become CVS?

    Quote Originally Posted by Kimo View Post
    Longs is no longer publishing/distributing ads Sundays and Wednesdays - went to a Sunday-only ad with specials/sales effective Sunday-thru-Saturday. Probably saves them some $$.
    Quote Originally Posted by Walkoff Balk View Post
    The Wednesdays to Saturdays Longs' sale weren't that good anyway in the past. You didn't have to make a special trip for the Wed. to Sat. sale.
    You’re looking at it through a “Sunday paper” subscriber lens. Many people shop on Wednesdays because of the numerous ads (MidWeek) that come out on that day. In fact, if you believe the hype, MidWeek has more readers then any other newspaper in Hawai‘i. I don't know if I agree with Kimo that it saves Longs some bucks. Ads aren’t just about sale prices, they’re about reminded the public to shop at their stores. You can’t ever have enough of those reminders, IMHO. Their savings on ad costs evaporates after considering the lost revenue a second ad produces in customer traffic.

    We can’t be so fixated on our desire to preserve the rights of ordinary Americans.

    — U.S. President Bill Clinton
    USA TODAY, page 2A
    11 March 1993

  12. #87
    sansei Guest

    Red face Re: Longs to become CVS?

    hi this is sansei and today i visited long's drug's in kam center and it's sure huge with change's like the pet stuff are one place and the pen's and school thing's are one place and the long's photo processing lab is when you enter to your left and it's huge and i also went to star market and it's also pretty huge.

    i also visited beretania safeway and thing's their hasnt changed only if you wished to purchase say like peache's,they say that it's out of season and apple season is in so that's only one place that doesnt have any peache's and only apple's only star market and don Quiojte has peache's for baking so i thought to share this with everyone.

    well thank's for your time

  13. #88
    sansei Guest

    Red face Re: Longs to become CVS?

    hi this is sansei and i just heard that the Deal with cvs with Long's went through and this make's me :O) i recently went to Kam Long's and it's much bigger and thing's like pet food and other's are in one place and the potato Chip's and other's such as these are in one place and they kept the long's photo processing lab and im happy:O) so i can have my film printed.

    well thank's for your time

  14. #89

    Default Re: Longs to become CVS?

    They have fresh produce at the Kam Longs now too.

    Aj

  15. #90

    Default Re: Longs to become CVS?

    Quote Originally Posted by TuNnL View Post
    Not exactly, sansei. According to the Los Angeles Times, Longs Drugs was concerned about potential anti-trust risks. Their concern is similar to the feelings of amagab and myself. Both of us have said that if Walgreen Co. buys Longs, they will have a monopoly in Hawai‘i, which usually guarantees higher prices and poor service.
    Uhhhh, correct me if I am wrong. But we've had a monopoly situation for over a decade now since Payless has left the scene, riiiight???

    Moreover, past history has shown that the Hawaii market has only been able to support one chain drug store. In the last 30 years, there have been two seperate attempts by Payless, as well as one by Pay-N-Save. All of them challenged Longs. All of them ended up failing after a few years. It wouldn't be too hard for Walgreen's lawyers to shred up an antitrust suit filed against them.
    This post may contain an opinion that may conflict with your opinion. Do not take it personal. Polite discussion of difference of opinion is welcome.

  16. #91
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    Lightbulb Re: Longs to become CVS?

    Quote Originally Posted by Frankie's Market View Post
    Uhhhh, correct me if I am wrong. But we've had a monopoly situation for over a decade now since Payless has left the scene, riiiight???
    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.

    Quote Originally Posted by Frankie's Market View Post
    there have been two seperate attempts by Payless, as well as one by Pay-N-Save. All of them challenged Longs. All of them ended up failing after a few years.
    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.

    Quote Originally Posted by Frankie's Market View Post
    It wouldn't be too hard for Walgreen's lawyers to shred up an antitrust suit filed against them.
    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.

    We can’t be so fixated on our desire to preserve the rights of ordinary Americans.

    — U.S. President Bill Clinton
    USA TODAY, page 2A
    11 March 1993

  17. #92

    Default Re: Longs to become CVS?

    Quote Originally Posted by Frankie's Market View Post
    Uhhhh, correct me if I am wrong. But we've had a monopoly situation for over a decade now since Payless has left the scene, riiiight???
    Quote Originally Posted by TuNnL View Post
    Not exactly.
    FACT: Payless left the Hawaii market in 1995.

    http://connection.ebscohost.com/cont...8B8A364.ehctc1

    FACT: Walgreens did not open up their first store in Hawaii until 2007.

    http://the.honoluluadvertiser.com/ar...710230318.html

    These facts tell me that Long's had a drug store chain monopoly here for 12 years. 12 years is "over a decade," at least in my book. The one that matches the dictionary.

    Quote Originally Posted by TuNnL View Post
    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.
    And? People are obliged to feel sympathy for Long's? GMAB! This is a business.

    Quote Originally Posted by Frankie's Market View Post
    there have been two seperate attempts by Payless, as well as one by Pay-N-Save. All of them challenged Longs. All of them ended up failing after a few years.
    Quote Originally Posted by TuNnL View Post
    I wouldn’t put just two chains in the category of “all.”
    Oh? There were "other" drug store chains in Hawaii, besides Payless and Pay-n-Save prior to Walgreen's entry in 2007? Could you name them? (Not that it matters a whit, since stores X, Y, Z, and anyone else you can come up with all bit the dust.)

    Quote Originally Posted by TuNnL View Post
    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.
    And we saw how grandly successful that argument worked out for Aloha Airlines against Mesa, right?
    This post may contain an opinion that may conflict with your opinion. Do not take it personal. Polite discussion of difference of opinion is welcome.

  18. #93

    Default Re: Longs to become CVS?

    Don't forget Thrifty and Stewart's Pharmacies!

    Aj

  19. #94

    Default Re: Longs to become CVS?

    Quote Originally Posted by Kalihiboy View Post
    Don't forget Thrifty and Stewart's Pharmacies!
    LOL! Now, that's going back a-ways, fer sure.

    I've heard of Stewart's, but that's before my time.

    Thrifty's at its peak only had a handful of locations. 4 or 5 stores, if even that. Thrifty's owner Sidney Kosasa achieved much greater success with another retail business. Maybe some of you have heard of it before. (Hint: All Blocks Covered in Waikiki.)

    And yes, I'm aware that we have had a few Rexall and Sav-Mor drug stores in the islands too. But they were just small, neighborhood pharmacies which clearly did not compete with the likes of Long's and Payless.
    This post may contain an opinion that may conflict with your opinion. Do not take it personal. Polite discussion of difference of opinion is welcome.

  20. #95
    sansei Guest

    Red face Re: Longs to become CVS?

    hi this is sansei and this morning,i went to long's pali and when i went to purchase a pre-paid phone card the one i usually purchase,they said they didnt have it so i asked the sale's lady if they had anyother's and she said no,i assumed they still would sell pre-paid phone card's,

    so i went to kam long's and i asked if they still sell the one i was going to purchase at pali and they said they didnt have any so i asked if they had any other's for $10.00 and they had oceanic pre-paid phone card so i purchased one and then i went to Star to search and hopefully purchase peache's and it's out of season so i also thought they had bettycrocker pie crust in the box only nothing so when i came home,i called time's and they have what im looking for so one day this week,.i'll be going down and purchasing what i need so i thought to share this with everyone.


    it maybe tomorrow since im going to cultural plaza to see if they have the chinese new year's calendar so before i go,i may call and see if they have them so if they do,im going to purchase one for my eldest sister so i thought to share this with everyone.


    also Kam Long's is still the same.


    Well thank's for your time

  21. #96

    Default Re: Longs to become CVS?

    Kam Walgreens might be open before Thanksgiving according to some workers I talked to last week. Previous reports had it not opening until March 2009.

    Aj

  22. #97
    sansei Guest

    Red face Re: Longs to become CVS?

    hi this is sansei and in response to kalihiboy,i believe i know the kam's walgreen,it's where they closed kam bowl and that walgreen's is being built there,may i be correct? I believe since Cvs bought out Long's that this kam's walgreen will be the one built on the site of formerly kam bowl.

    Well thank's for your time

  23. #98

    Default Re: Longs to become CVS?

    Quote Originally Posted by Frankie's Market View Post
    __________________
    This is not a sig.
    Yo, FM...did you notice the sig line I've been using for the past few months? I'm flattered, yet...

  24. #99

    Default Re: Longs to become CVS?

    Yes sansei, Kam Walgreens is on the site on the former Kam Bowl.

    Aj

  25. #100
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    Lightbulb Re: Longs to become CVS?

    Hmmm...hopefully, CVS’ recent personnel decisions are not an indication of things to come. The San Francisco Chronicle seems to hint that the “mass layoff” is a one-time thing to eliminate redundancy... but in this economy, you never can tell.

    We can’t be so fixated on our desire to preserve the rights of ordinary Americans.

    — U.S. President Bill Clinton
    USA TODAY, page 2A
    11 March 1993

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