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Walgreen offers an old-fashioned tonic for fiscal fitness: quality over quantity and homespun growth rather than growth through acquisitions. It works. Walgreen operates 6,850-plus stores in 50 states, the District of Columbia, Guam, and Puerto Rico, as well as two mail-order facilities. Prescription drugs account for nearly two-thirds of sales; the rest comes from general merchandise, over-the-counter medications, cosmetics, and groceries. Walgreen usually builds rather than buys stores, so it can pick prime locations. For added convenience, most stores offer drive-through pharmacies, and almost all offer one-hour photo processing. Walgreen is slowing future store openings to focus on strengthening existing stores.
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| | | Contact Information | |
Address: |
200 Wilmot Rd.
Deerfield, IL 60015
| | Phone: | 847-914-2500 | | Fax: | 847-914-2804 |
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| Financial
Highlights | | Fiscal Year End: | August | | Revenue (2009): | 63335.00 M | | Revenue Growth (1 yr): | 7.30% | | Employees (2009): | 238,000 | | Employee Growth (1 yr): | 0.40% |
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Key People
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Chairman:
Alan G. McNally
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President and CEO:
Gregory D. (Greg) Wasson
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SVP and CIO:
Timothy J. (Tim) Theriault
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