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 biggest nutrients and drug outlets on the planet. With greater than 3,600 shops national and the 6,000th scheduled to open through 2010, Walgreens has controlled to outlive or even thrive while different, better-known opponents, haven't - incomes standard spots on Fortune magazine's lists of so much fashionable and most sensible appearing businesses. the tale of Walgreens' amazing upward thrust to the pinnacle is one in all grit and gumption, expertise and tenacity, and an unfailing dedication to out of date down-home values. This booklet deals either a colourful slice of Americana and a compelling company profile, interweaving own anecdotes with ancient and financial insights.
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Extra resources for America's Corner Store: Walgreen's Prescription for Success
A photo taken sometime in the 1890s featured in Urdang’s comprehensive history depicts the popular “Dr. Matthews Medicine Show” as it appeared during a tour of Wisconsin, a sort of “medical midway” that consisted of white canvas tents on the perimeter of the grounds, rows of benches in the middle, acrobats and musicians to attract a crowd, a chest of prepackaged medicines, and a speiler in top hat, presumably the good “Dr. Matthews” himself, on a stage, preparing to make his pitch. The photo caption of “Dr.
That would be something altogether different. What probably looked like a step backward at the time would prove to be one of Walgreen’s smartest career moves. Bit by bit, Walgreen was getting the feel for what it would be like to actually own and operate a store, taking on larger responsibilities at each stop. Before Isaac Blood went on vacation, he asked Walgreen to sell his (Blood’s) second, smaller store if he could. When two men offered $1,250 for the shop, Walgreen knew Blood would accept the offer.
47 When Walgreen’s company commander asked him to take a day trip across the island of Cuba to map enemy positions, Walgreen hopped right to it. What might have been a tedioius task turned into a breezy exercise when he came across an officer in another unit who had already created detailed maps of the Spanish forces and invited Walgreen to copy them. So, while Teddy Roosevelt was leading the Rough Riders up San Juan Hill, Walgreen calmly traced his new friend’s maps and then spent the afternoon swapping stories and smoking fresh Cuban cigars—all to make TLFeBOOK 26 america’s corner s tore sure he killed enough time to make his final results seem plausible.