Walgreens's asset
Walgreens

@walgreens.com

Your go-to for Pharmacy, Health & Wellness and Photo products.

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About

Description

Walgreens is a leading retail pharmacy chain in the United States that offers a wide range of products and services. The company was founded in 1901 by Charles R. Walgreen Sr.


Initially starting as a small neighborhood drugstore, Walgreens quickly grew and expanded its operations over the years. Currently headquartered in Deerfield, Illinois, Walgreens operates more than 9,000 stores across all 50 states in the United States. The company's headquarters houses various departments including finance, marketing, operations, and human resources.


Walgreens also operates regional offices throughout the country for efficient management of its nationwide operations. The main products and services offered by Walgreens include prescription and over-the-counter medications, health and wellness products, beauty and personal care items, convenience and grocery items, and photo services. The company's pharmacies provide healthcare services such as immunizations, medication therapy management, and health screenings.


On a global scale, Walgreens has expanded its presence through partnerships and acquisitions. In 2014, Walgreens acquired Alliance Boots, a European pharmacy retailer, to form Walgreens Boots Alliance. This strategic partnership enabled the company to strengthen its global footprint and expand its reach to more than 25 countries.


With its extensive network of stores and pharmacies, Walgreens holds a significant market position in the retail pharmacy industry. It competes with other major players such as CVS Health and Walmart. In terms of global sales, Walgreens Boots Alliance recorded net sales of $131.


5 billion in 2020. Over the years, Walgreens has experienced several major events and achievements. In 2012, the company acquired a 45% stake in Alliance Boots and also completed the acquisition of Duane Reade, a New York-based pharmacy chain.


These acquisitions helped Walgreens strengthen its presence in the United States and expand its offerings to customers. Currently, Walgreens continues to focus on digital transformation and innovation to enhance the customer experience. The company has been investing in technology, online platforms, and partnerships to provide convenient and personalized healthcare solutions.


Walgreens also actively participates in community initiatives and charitable programs to support the well-being of local communities. As of the latest available information, Walgreens is a leading retail pharmacy chain with a strong market presence in the United States and globally. The company continues to evolve to meet the changing needs of its customers and strengthen its position in the healthcare industry

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Company Type

Public Company

Company Size

10,001+

Year Founded

1960

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