Walgreens

One of the nation's largest drugstore chains.

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Headquarters:
200 Wilmot Road
Deerfield, IL 60015
Employees: 225,000
CEO: Rosalind Brewer
Stock Symbol: WBA

Website: http://www.walgreens.com

Career Site

Walgreens operates a national chain of drug stores with 9,021 locations in all 50 states, Washington DC, U.S. Virgin Islands and Puerto Rico.

The company says 78% of Americans live within 5 miles of a Walgreens or Duane Reade store (NYC area).

A typical Walgreens store is 13,500 square feet with 22 employees.

The parent company of Walgreens is known as Walgreens Boots Alliance with Walgreens stores in the U.S. and Boots stores in Europe and Asia. The company has over 21,000 stores worldwide.

Walgreens filled 287.6 million prescriptions in 2020 and has administered more than 25 million Covid-19 vaccine doses to date along with 8 million Covid tests. Boots has administered more than 3 million Covid tests in the U.K.

For fiscal 2020, Walgreens reported total sales of $139.5 billion, a 2% increase, and net earnings of $456 million.

In 2021, the company launched Walgreens-branded credit cards and debit cards with Synchrony Bank.

Walgreens employs 85,000 healthcare service providers, including pharmacists, pharmacy technicians, nurse practitioners and other health-related professionals.

History

Charles Walgreen founded the pharmacy in Chicago in 1901. He focused on providing customers great service, a broad selection of merchandise and an easy-to-navigate store layout. He also made sure they paid low prices.

Walgreen invented the milkshake and introduced the soda fountain at stores which drew more customers in the early 1920s.

Walgreen pioneered computers in pharmacies that could be connected nationwide via satellite with the introduction of its Intercom computer system in 1981. It also pioneered drive-thru pharmacies in 1992 in Indianapolis. Now more than 80% of Walgreen stores have drive-thrus.

Walgreens acquired Duane Reade, a NYC-based pharmacy chain, with 258 stores for $1.1 billion in 2010.

In October 2014, the holding company for Walgreens became Walgreens Boots Alliance following a 55% acquisition in Alliance Boots, a European pharmacy company.

Rosalind Brewer became new CEO of Walgreens Boots Alliance on March 15, 2021.

Benefits

- Paid time off
- Holidays
- Disability
- Profit-sharing plan - 401(k) with company match
- Employee stock purchase plan
- Company paid life insurance 1.5 times annual base salary for all salaried team members and registered pharmacists/nurses, all hourly-paid coordination band team members and above, and assistant store manager. $25,000 for all-other hourly employees
- Flexible spending accounts
- Employee discount of 25% on Walgreens-brand products, 15% for national brands
- Child care

Updated September 22, 2021

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