Walgreens

The Walgreen Company is an American company that operates as the second-largest pharmacy store chain in the United States behind CVS Health.

Walgreens specializes in filling prescriptions, health and wellness products, health information, and photo services. As of August 31, 2016, the company operated 8,175 stores in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. 

 Walgreens was founded in Chicago, Illinois, in 1901. The Walgreens headquarters office is in the Chicago suburb of Deerfield, Illinois.

Walgreens stores were once connected to local groceries. In Chicago, their flagship market, they teamed up with either Eagle Food Centers or Dominick's Finer Foods, usually with a "walkthru" to the adjoining store and often sharing personnel. This concept was instated to compete with the popular dual store format used by chief competitor Jewel-Osco/Albertsons-Sav-On. They eventually ended the relationship with Eagle and focused primarily on a connection to the Dominick's stores. PharmX-Rexall filled the vacated Walgreen locations joined to Eagle stores.

Walgreens vision is to be America’s most-loved pharmacy-led health, well-being and beauty company. Its purpose is to champion the health and well-being of every community in America.

 

Walgreens is today part of the Retail Pharmacy USA division of Walgreens Boots Alliance.

 

Fortune magazine World's Most Admired Companies (published March 2018) Walgreens ranked No. 2 among food and drugstores and has been listed for the past 23 consecutive years. Fortune magazine 500 Largest U.S.-Based Companies (published May 2016) Walgreens Boots Alliance ranked 17th overall in revenue, 2nd among food and drugstores.

 

Walgreens Boots Alliance rankedd #19 on the 2017 Fortune 500 list.

 

 

  • Year founded: 1901
  • Funding Info: Walgreens has acquired 5 organisations as well as made 5 investments to date!
  • Yearly Revenue: 118.2 billion USD (2017)
  • Employee Size: 10000+
  • Business Valuation: Total Assets: US$66.009 billion (2017)
  • City/Town: Deerfield
  • State: Illinois
  • Country: United States
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