Archive for July, 2011

Walgreens Charges Up on Cars, Food

Saturday, July 23rd, 2011
 
The world’s largest drugstore chain is branching out with two big new offerings to broaden its appeal to a broader base of consumers.
 
First, in a nod to the eco-friendly set, Chicago-based Walgreens (NYSE: WAG) (NASDAQ: WAG) expects to become the nation’s largest retail host of electric vehicle (EV) charging stations, with 800 new locations across the country by the end of 2011.
 
The company’s neighborhood stores will provide convenient locations for EV drivers to recharge near home or work. The charging stations will feature either a high-speed direct current (DC) charger that can add 30 miles of range in as little as 10 minutes of charging time, or a Level 2 charger that can add up to 25 miles of range per hour of charge.
 
Major markets expected to host these sites include Boston, Denver, Los Angeles, New York City, San Francisco and Washington, D.C. Select locations in Florida, New Jersey, Oregon, Tennessee and Washington will also receive EV charging stations. Installation begins later this month.
 
Walgreens already has installations under way for EV charging stations at more than 60 stores across Houston, Dallas/Fort Worth and Chicago.
 
“Consumer interest and enthusiasm has been incredible and we’re excited to provide locations to charge up in neighborhoods across the country,” said Walgreens President of Community Management and Operations, Mark Wagner. “As more Americans embrace environmentally sustainable technologies, our convenient locations make us uniquely positioned to help address the concern around accessibility or ‘range confidence.’ According to the Department of Energy, Walgreens will make up as much as 40% of all public EV charging stations across the country, making it easy for EV drivers to look to our stores for a quick charge near major highways, metropolitan areas or right in their neighborhood.”
 
In another major announcement, Walgreens will convert or open at least 1,000 Food Oasis stores over the next five years.
 
“With more than 45% of our stores located in areas that don’t have access to fresh food, Walgreens is uniquely positioned to bring more food options to Americans and also provide needed pharmacy, health and wellness services directly in those communities,” said Walgreens President and CEO Greg Wasson.
 
Walgreens (www.walgreens.com) is the nation’s largest drugstore chain with fiscal 2010 sales of $67 billion. The company operates 7,733 drugstores in all 50 states, the District of Columbia and Puerto Rico.
 
Wasson appeared at the White House with Michelle Obama and others to support the goals of Let’s Move! and the White House Task Force on Childhood Obesity.
 
Walgreens began addressing this issue last year when it initially opened 10 food oasis stores in Chicago neighborhoods identified as food deserts. These stores increased their food selection by up to 60 percent by offering a larger assortment of fresh fruits, vegetables, whole grains, lean protein and other healthy meal components to help address the need for greater access to affordable, nutritious food.

Devon Tower Closer to the Top

Sunday, July 17th, 2011

DevonConstCamJuly11Downtown Oklahoma City’s new headquarters office tower for Devon Energy is nearing its full height of 50 stories. Currently it is still one of the largest major office towers under construction in the U.S.

To follow the construction progress, check out the cam posted at www.OKCTalk.com for updated images every 15 minutes.