Digital Doors Drama: Ex-Walgreens CEO Slaps a $200 Million Lawsuit Over Scrapped “Smart Doors” Deal πΌβοΈ
TL;DR: π± You know what they say about closed doors opening new windows, right? This time, however, it’s a closed “Smart Door” that’s opening a can of legal whoop-ass! Former Walgreens CEO Greg Wasson is taking his old company to court, accusing them of pulling the plug on a $200 million deal to install high-tech fridge doors across the stores. Wasson alleges the current CEO Roz Brewer kicked the deal to the curb after deciding the digital displays looked too much like ‘Vegas’. π°πΉ Now, the ex-CEO’s tech startup, Cooler Screens, says they’re out of pocket over a whopping $200 mill. πͺπΈ
We’ve all heard of office politics, but this is more like corporate drama on steroids! What began as a humble intern’s journey at Walgreens morphed into a CEO role for Greg Wasson. Little did he know, his love affair with Walgreens would end in a messy breakup in court. πβοΈ
After Wasson’s exit in 2014, he co-founded Cooler Screens in 2017, a startup aimed at revolutionizing the shopping experience. Their piΓ¨ce de rΓ©sistance? The “Smart Doors” – high-tech glass doors designed to splash product info and ads at customers while they browse for their favorite fizzy pop.π₯€πΊ
Their innovative idea seemed to be hitting it off with Walgreens, bagging a contract for a nationwide roll-out to 2,500 stores. Enter Roz Brewer, stage left. She took the CEO spot in 2021 and, according to the lawsuit, thought the Smart Doors looked like a tacky Vegas sideshow. ππ²
Wasson’s legal team also accused Walgreens of conjuring up safety issues with the doors as a smokescreen to axe the contract. Brewer’s change of heart, they claim, cost the Cooler Screens business over $200 million. Ouch, that’s gotta hurt! π°π°
While Walgreens remains unimpressed, brushing off the allegations as “baseless and unfounded”, customer opinions on these fancy doors are pretty mixed. One survey claims that a solid 79% of people felt the digital advertising positively influenced their shopping experience. But let’s not forget the 6% who were probably more like, “What the heck is this flashy nonsense doing in my grocery store?” ππ€·ββοΈ
It’s hard to predict how this legal face-off will pan out, but one thing is clear – this corporate drama is a plot twist that no one saw coming!
So, readers, what do you think? Is this lawsuit a legit grievance, or is it just sour grapes over a scrapped deal? And what about these “Smart Doors”? Are they a cool, futuristic idea or just another annoying ad platform? π€π We’d love to hear your thoughts on this!