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Walgreens to open Well Experience flagship in Philadelphia
Philadelphia — Downtown Philadelphia will be the site for Walgreens' next Well Experience flagship store, according to an online report published Friday by CBS/Philly. The new Walgreens will be located at Broad and Chestnut Streets in Center City, filling the space of what was once a Borders bookstore.
The retail space extends 26,000 sq. ft. across three floors.
The CBS/Philly report suggested the new store will open its doors this fall, citing the real estate agent who brokered the deal.
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Promotional activity contributing to comps
Walmart in May continued its heightened level of advertising activity, hitting the market with an increased number of circulars that contained more pages. For a look at how Walmart’s promotional activity stacked up to other leading retailers, click here to see the last monthly data from Market Track.