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Topic: Business
Number of pages / Number of words: 4 / 954
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They decided to continue leasing the stores that were acquire prior to August 31, 1998 but decided to buy future stores instead of leasing. This is creating the need for long-term borrowing because Walgreens continue to have planned to create new stores and remodel the existence stores for better customer commodity...


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Walgreens also owns 2,800,000 square feet of nine distribution centers which were implemented with modern distribution systems for order controls and better delivery efficiency to the stores and owns one mail service facility that are adequate for current needs. There are four principal office facilities containing approximately 500,000 square feet of which 400,000 feet is owned by Walgreens and the rest is lease (Walgreens Co...


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