Walgreens

Walgreens
Walgreens
FormerlyWalgreen Drug Co. (1901โ€“1931)
Walgreen Drug Stores (1931โ€“1948)
Walgreen's (1948โ€“1955)
Company typeSubsidiary
IndustryRetail
Founded1901 (1901), in Chicago, Illinois, U.S.
FounderCharles Rudolph Walgreen
Headquarters200 Wilmot Road,
Deerfield, Illinois
,
United States
Area served
United States
Key people
  • Stefano Pessina (executive chairman)
  • Tim Wentworth (CEO)[1]
  • Tracey Brown (president)
Products
  • Drugs*
  • pharmacy
  • photo center
  • beauty products
  • groceries
  • food
  • drinks
  • liquor*
  • electronics
  • toys
  • pet supplies
  • cleaning supplies
  • seasonal items
  • bath
  • gifts
  • baby products
  • hygiene products
  • health products
  • auto
  • optical
  • school and office supplies
  • tobacco*
*where permitted by law
2,091,000,000 (2010) 
ParentSycamore Partners[2]
Websitewalgreens.com
Footnotes / references
[3]

Walgreens is an American pharmacy store chain headquartered in Deerfield, Illinois.[4][5] It is the second largest pharmacy chain in the United States, behind CVS Pharmacy.[6] Walgreens operated more than 8,700 stores in the U.S. as of March 2025.[7] In addition to pharmacy services, Walgreens also offers photo services.[8]

Walgreens was founded in Chicago by Charles Rudolph Walgreen in 1901. On December 31, 2014, Walgreens acquired Switzerland and UK-based Alliance Boots, and formed a new holding company, Walgreens Boots Alliance. Walgreens became a subsidiary of the new company, which retained its Deerfield headquarters and traded on the Nasdaq under the symbol WBA.[9] As of August 2025, Walgreens is owned by private equity firm Sycamore Partners.

Walgreens has been the subject of a number of lawsuits over discrimination, drug fraud, federal billing fraud, distribution of opioids, discrepancies between shelf price and scanned price, overcharging, illegal disposal of hazardous waste, selling expired items, misleading investors, unlicensed pharmacists, and wage theft. In 2021, Walgreens was one of several pharmacy chains found by a federal jury to have substantially contributed to the opioid crisis.

  1. ^ "Walgreens Boots Alliance Announces Leadership Transition". 30 November 2023.
  2. ^ Cite error: The named reference wba1 was invoked but never defined (see the help page).
  3. ^ Pasquarelli, Adrianne (December 4, 2017). "Goodbye 'Corner of Happy & Healthy.' Walgreens Rebrands as Rival CVS Scoops Up Aetna". AdAge. Retrieved December 5, 2017.
  4. ^ "Contact Us." Walgreens. Retrieved on January 30, 2011. "Write Walgreen Co. 200 Wilmot Road Deerfield, IL 60015."
  5. ^ "GIS Maps Archived 2010-09-06 at the Wayback Machine." City of Deerfield. Retrieved on February 5, 2011.
  6. ^ Team, Trefis. "CVS to Buy All of Target's Pharmacy Stores -- A Win-Win For Both". Forbes.
  7. ^ Clarence-Smith, Louisa (2025-03-04). "Boots owner Walgreens nears $10bn private equity takeover". www.thetimes.com. Retrieved 2025-03-05.
  8. ^ "Welcome to Walgreens - Your Home for Prescriptions, Photos and Health Information". walgreens.com.
  9. ^ Linnane, Ciara (December 31, 2014). "Walgreen ticker changes to WBA after merger with Boots Alliance". Market Watch. Retrieved December 31, 2014.