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America's Corner Store: Walgreen's Prescription for Success by John U. Bacon

By John U. Bacon

"This is the tale of Walgreens, the main winning drugstore chain within the usa. From its founding as a family-run shop in Chicago in 1901, Walgreens has grown into one of many greatest nutrients and drug shops on the earth. With greater than 3,600 shops national and the 6,000th scheduled to open by way of 2010, Walgreens has controlled to outlive or even thrive while different, better-known opponents, haven't - incomes general spots on Fortune magazine's lists of such a lot famous and most sensible appearing businesses. the tale of Walgreens' notable upward thrust to the head is considered one of grit and gumption, expertise and tenacity, and an unfailing dedication to outdated down-home values. This booklet bargains either a colourful slice of Americana and a compelling company profile, interweaving own anecdotes with ancient and fiscal insights.

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Blood’s store again. ” “I admit I was hoping this friendly young druggist was going to answer ‘Yes,’ although I never thought of Paul’s suggesting he come on the trip,” Myrtle wrote. Walgreen replied, “Sure I like to fish,” but failed to take the bait once more. Paul tried to invite him yet again a few weeks later, but again, no definite answer. Finally Mrytle returned for some stamps and told him she had almost completed her fishing outfit, trying to gauge his interest—but maddeningly, no response.

63 And that marked the end of her stenography career. About the same time, Myrtle made some changes in her love life, too. TLFeBOOK 34 america’s corner s tore In high school she briefly dated a young man named Earl, the son of (surprise) a pharmacist, of sorts. He was a “dashing fellow who played the banjo,” she wrote, but “his father was known as the medicine man; that is, he went from town to town selling patent medicine. His family had a big fancy wagon which today would be called a trailer.

Thorsen, a former colleague and now a pharmacist at the Armour Company pharmaceutical products plant. Thorsen agreed to buy half of Walgreen’s first store. Walgreen took this money, plus some savings, to cover the down payment on Valentine’s store. The two partners agreed that Thorsen would manage the first store, which was incorporated under the name “Walgreen-Thorsen,” and Walgreen would own and operate the second himself, under the title “C. R. 77 TLFeBOOK TLFeBOOK CHAPTER 2 the start of something special: 1910–1929 on his own A fter opening his first store in 1901, it took Charles Walgreen Sr.

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