Walgreens

Walgreens
Walgreens
FormerlyWalgreen Drug Co. (1901–1931)
Walgreen Drug Stores (1931–1948)
Walgreen's (1948–1955)
Company typeSubsidiary
NYSE: WAG
IndustryRetail
Founded1901; 123 years ago (1901), in Chicago, Illinois, U.S.
FounderCharles Rudolph Walgreen
Headquarters200 Wilmot Road,
Deerfield, Illinois
,
United States
Area served
United States
Key people
Products
  • Drug store
  • pharmacy
  • photo center
  • beauty products
  • groceries
  • food
  • drinks
  • electronics
  • toys
  • pet supplies
  • baby products
  • hygiene products
  • health products
  • school and office supplies
2,091,000,000 (2010) Edit this on Wikidata
ParentWalgreens Boots Alliance
Websitewalgreens.com
Footnotes / references
[2]

Walgreen Company is an American company that operates the second-largest pharmacy store chain in the United States, behind CVS Health.[3] It specializes in filling prescriptions, health and wellness products, health information, and photo services.[4] It was founded in Chicago in 1901, and is headquartered in the Chicago suburb of Deerfield, Illinois. On December 31, 2014, Walgreens and Switzerland-based Alliance Boots merged to form a new holding company, Walgreens Boots Alliance. Walgreens became a subsidiary of the new company, which retained its Deerfield headquarters and trades on the Nasdaq under the symbol WBA.[5]

In 2021 the company was one of several pharmacy chains found by a federal jury to have substantially contributed to the opioid crisis.

The company said in June 2024 it would close a “significant portion” of its 8,600 U.S. locations through 2027.[6]

  1. ^ "Walgreens Boots Alliance Announces Leadership Transition". 30 November 2023.
  2. ^ Pasquarelli, Adrianne (December 4, 2017). "GOODBYE 'CORNER OF HAPPY & HEALTHY.' WALGREENS REBRANDS AS RIVAL CVS SCOOPS UP AETNA". AdAge. Retrieved December 5, 2017.
  3. ^ Team, Trefis. "CVS to Buy All of Target's Pharmacy Stores -- A Win-Win For Both". Forbes.
  4. ^ "Welcome to Walgreens - Your Home for Prescriptions, Photos and Health Information". walgreens.com.
  5. ^ Linnane, Ciara (December 31, 2014). "Walgreen ticker changes to WBA after merger with Boots Alliance". Market Watch. Retrieved December 31, 2014.
  6. ^ "Walgreens will close a significant number of US stores". CNN. June 27, 2024.