History
Established over a century ago, Walgreens has since great(p) into a national passel with over 7,563 stores (Walgreens Corporation, 2010). Today, they are the beginning(a) largest drugstore kitchen stove in the nation before CVS (7027 stores in 45 states), Rite Aid (4,780 stores in 31 states) and Wal-Mart. Walgreens serves more than than 4 million customers daily and fills 500 million prescriptions either year (Walgreens Corporation, 2010). Priding itself on innovation and technology, Walgreens was the setoff drug store chain to use child resistant prescription containers and the first drugstore chain to use satellite technology to refer its pharmacy systems (Walgreens Corporation, 2010).
Walgreens first began in Chicago in 1901 when apothecary Charles R. Walgreen purchased a drugstore where he had once worked. A befriend store opened in 1909, and seven years after nine stores were incorporated to form Walgreens Corporation. Walgreens Co. became a public corporation in 1927, and by 1953 it was the countrys leading self-service retailer (Walgreens Corporation, 2010). Walgreens this instant operates in 50 states, the District of Columbia and Puerto Rico.
The company has extensive been committed to customer convenience. To promote their policy of convenience Walgreens Pharmacies are located in high traffic areas.
Walgreens offers items and services beyond those of a typical drugstore. These services include drive-thru pharmacies and one-hour photo services, and numerous stores are open 24 hours a day.
Walgreens has traditionally followed an organic fertilizer growth strategy in order to expand.
More recently, however, it has braggy through the acquisition of companies such as the northeast chain Happy Harrys and Mermark, a specialty pharmacy. The companys continual growth has resulted in consistently increasing sales and earnings. Walgreen averages a 15% subjoin in their sales from year to year, and it looks like this statistic will quell constant for the years to come. 2010 fourth quarter sales...If you want to build up a full essay, order it on our website: Orderessay
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