Chain Pharmacy King

Author: (USA) John U. Bacon
Publisher:
Publish Date: 2005-10-01
Features: The book "The King of Chain Pharmacies" tells the fascinating development story of Walgreens, one of the most successful chain pharmacies in the United States. Starting as a small family workshop in Chicago in 1901, Walgreens has gone through a century of transformations and has now grown into one of the world's largest food and drug retailers. Currently, Walgreens operates over 4,000 chain pharmacies and plans to open its 6,000th store in 2010. Walgreens is a legend in the history of global enterprises. For over a century, Walgreens not only survived but also thrived amid the downfall of many other renowned competitors, maintaining annual profitability for over a century and creating a myth of continuous profitability. Its performance surpasses that of world-famous companies such as Intel, General Electric, Coca-Cola, and Merck. It has also climbed the "Best Performers and Most Respected Companies" list in Fortune magazine year after year with its outstanding achievements.