By John U. Bacon
"This is the tale of Walgreens, the main profitable drugstore chain within the usa. From its founding as a family-run shop in Chicago in 1901, Walgreens has grown into one of many biggest meals and drug shops on the planet. With greater than 3,600 shops national and the 6,000th scheduled to open via 2010, Walgreens has controlled to outlive or even thrive while different, better-known rivals, haven't - incomes average spots on Fortune magazine's lists of so much fashionable and most sensible acting businesses. the tale of Walgreens' amazing upward thrust to the pinnacle is considered one of grit and gumption, expertise and tenacity, and an unfailing dedication to outdated down-home values.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 historical and financial insights.
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Extra resources for America's Corner Store: Walgreen's Prescription for Success
55 Although they were a quintessential farm family, the Nortons had more than a little history and culture. Myrtle’s great-great-grandfather Ichabod Norton was killed by the British for making bullets for the Revolutionary army. Her grandfather Kennedy fought nobly in the Civil War, and her aunts included a professional artist, a piano teacher, and a University of Chicago alum. This might not seem like anything out of the ordinary today; but in the era of Stanley and Livingstone, the Boer War, and the assassination of President Garfield—a half century before the “Walton” years—such a refined background for a rural family was most uncommon.
For the bid for the Exposition. If Chicago could win Congress’s eighth ballot, cast on February 24, 1890, it “would dispel at last the Eastern perception that Chicago was nothing more than a greedy, hog-slaughtering backwater; failure would bring humiliation from which the city would not soon recover; given how heartily its leading men had boasted that Chicago would prevail. ’”21 When a Tribune employee posted the final results of the vote, the waiting crowd erupted in joy, literally dancing in the streets; and the city leaders got to work.
Through Colonial times, anyone could call himself or herself a pharmacist and practice pharmacy in any manner he or she saw fit. In much the same way that blacksmiths often doubled as dentists in preindustrial days, printers often doubled as pharmacists. As odd as it might seem today, their extra downtown floor space lent itself to selling sundries, and printers had the ability to advertise their myriad goods. 29 While convenient, this jack-of-all-trades approach to pharmacy did nothing to enhance the standing of druggists nor to improve the quality of the care they provided.
America's Corner Store: Walgreen's Prescription for Success by John U. Bacon