A sleeping retail giant in health and wellness has emerged with Walgreens flexing its core muscles in attempting to reinvent itself. Some might say it was the loss of Longs Drug Stores to CVS Caremark Corp. in 2008, plus an infusion of new blood at the top that has spurred Walgreens to veer from its traditional organic growth strategy of adding new stores to a more aggressive acquisition mode. “I think it's clear that Walgreens fell behind CVS in acquisition and innovation in recent years ...

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