Walgreens

Walgreen Company
Trade name	Walgreens
Formerly	Walgreen Drug Co. (1901–31); Walgreen Drug Stores (1931–48); Walgreen's (1948–55)
Company type	Subsidiary
Industry	Retail
Founded	1901 in Chicago, Illinois, U.S.
Founder	Charles Rudolph Walgreen
Headquarters	200 Wilmot Road, Deerfield, Illinois, United States
Area served	United States
Key people	Stefano Pessina (Executive Chairman); Tim Wentworth (CEO); Tracey Brown (President);
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
Net income	2,091,000,000 (2010)
Parent	Walgreens Boots Alliance
Website	walgreens.com
	Footnotes / references;

Walgreens 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]

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

[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". www.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.

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