Walgreens Essay example

2096 Words Apr 14th, 2009 9 Pages
History

[edit] Company history
A typical Walgreens Pharmacy.

The Walgreens chain began in 1901, with a drug store on the corner of Bowen Ave and Cottage Grove, Chicago, Illinois, United States owned by Galesburg native Charles R. Walgreen, Sr.[6] By 1915, there were five Walgreen drugstores. He added several improvements to the stores such as soda fountains and luncheon service. He also began to make his own line of drug products and was then able to control the quality of the items and sell them at lower prices. By 1916, 19 stores were in operation, all in Chicago. And in that same year, all the stores were consolidated under Walgreen Co. The 1920s was a very successful decade for Walgreens. In 1921, the company opened stores
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Over 3000 locations have equipment to refill inkjet cartridges.[13]

[edit] Related ventures

Walgreens formerly owned Sanborns, the largest pharmacy chain in Mexico, having purchased Sanborns from Frank Sanborn in 1946 and selling it to Grupo Carso in 1985.[14]

In the 1980s, Walgreens owned and operated a chain of casual family restaurants named Wag's, a belated attempt to compete with Woolworth's lunch counters. The Wag's restaurants were very similar in concept to Denny's. Walgreens sold most of these to Marriott Corp. in 1988[15] and by 1991 the chain had completely gone out of business.

Walgreens sponsors the Juvenile Diabetes Research Foundation and co-produced the Ron Santo documentary This Old Cub, with a portion of the proceeds going to help people with Type 1 diabetes.

[edit] Online

The domain walgreens.com attracted an average of approximately 6 million visitors per month in 2008 according to data found on the web analytics site Compete.com.

[edit] Health Corner TV

In 2004, Walgreens launched a sponsored TV show called Health Corner, discussing health stories, tips, and advice. The show is hosted by Lisa Thornton, M.D., of Schwab Rehabilitation Hospital in Chicago, and co-hosted by TV personality Joan Lunden. Often scheduled in infomercial slots, Health Corner

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