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Swot Analysis Of Walgreens

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Walgreen's
Part 1
Comprehensive summary
Was founded in 1901 by Charles R. Walgreen Sr., born near Galesburg, Illinois. Walgreen first worked in a drug store at 16 years of age and made $4 a week. In 1893 he moved to Chicago. There was over 1,500 drug stores already in business. In 1901 he bought his first store for $6,000 and also sold pots and pans for cents a piece. In 1910 Walgreen bought his second store. By 1913 he had four stores then 1915 had 9 and by 1919 had twenty. Then by 1929 there was a total of five hundred twenty five stores. Charles R. Walgreen Sr. then passed away in 1939 at the age of 66. The store then went to his son Charles R. Walgreen Jr. The store was the first company to establish a non-profit pharmacy in the pentagon and was recognized by President Eisenhower. They also the first American company to establish profit sharing and pension …show more content…

What business is it in?
Walgreen's is a pharmacy that was founded by Charles R. Walgreen Sr., in Chicago Illinois. How long has it been in this business? Walgreen's has been in business sense 1901.
Who are its major competitors? Are they manufacturers, wholesalers, retailers, or service providers?
Walgreen's major competitors are CVS Health Corporation, Rite Aid Corporation, and Wal-Mart Stores, Inc. All three of these competitors are retailers.
Does the company sell to a domestic or international market? Walgreen's sells international. As of December 31, 2014 the second step of the partnership with Alliance Boots, Inc. (now called Walgreen's Boots Alliance) now span into more than 25 countries and gives them over 12,800 stores.
What are some of the events that have happened past that have led to where the company is now?
As mentioned above on December 31, 2014 the second step of the partnership with Alliance Boots, Inc. (now called Walgreen's Boots Alliance) now span into more than 25 countries and gives them over 12,800 stores.
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