Company Profile
Walgreens
Company Overview
At Walgreens, we help people get, stay and live well. That’s our core purpose and the difference we make in people’s lives every day. Our purpose has shaped the direction of our company since Charles R. Walgreen Sr. founded his first drugstore in 1901, and it still does today.
Our team members make that purpose come to life in our over 7,800 stores in all 50 states, the District of Columbia and Puerto Rico, in our call centers, distribution centers, on-site clinics, specialty pharmacies and corporate offices. In fact, those daily demonstrations of our purpose have helped Walgreens become an industry leader and a household name.
Walgreens has something for everyone who wants to build a successful career. Here, you’ll find supportive co-workers, an innovative environment and the tools you need to grow your skills, help build healthy communities and advance your career.
Company History
We're America's premier pharmacy
How did a neighborhood drugstore, founded in 1901 and measuring just 50 feet by 20 feet, become the pharmacy all others are measured by and one of the most respected American corporations?
It all started in a town called Dixon
It would be impossible to tell the story of Walgreens drugstores without telling the story of Charles R. Walgreen, Sr. the man who started it all. Walgreen was born near Galesburg, Illinois, before his family relocated to Dixon, Illinois - a town 60 miles north of his birthplace - when his father, a farmer turned businessman, saw the great commercial potential of the Rock River Valley. It was here that Walgreen, at the age of 16, had his first experience working in a drugstore, though it was far from a positive one. Working at Horton's Drugstore (for $4 a week) was a job he took only because of an accident that left him unable to take part in sports. While working in a local shoe factory, Walgreen accidentally cut off the top joint of his middle finger, ending his athletic competition. Were it not for the accident, Walgreen might never have become a pharmacist, business owner and phenomenally successful entrepreneur. Ironically, his initial experience working at Horton's was itself a failure. Walgreen left after just a year and a half on the job.
Still, Walgreen realized that his future lay not in Dixon, but in a far larger city — Chicago.
Notable Products / Brands
Nice!, W, Walgreens
Notable Accomplishments / Recognition
Rankings & Ratings
DiversityBusiness.com Top 50 Organizations for Multicultural Business Opportunities (published January 16, 2012)
Walgreens ranked 38th overall among the top 50 corporate and organizational buyers of diversity products and services throughout the U.S., according to the more than one million diversity business owners participating in the survey.
Fortune magazine World's Most Admired Companies (published March 19 2012)
Walgreens ranked No. 4 among food and drugstores and has been listed for the past 19 consecutive years.
Fortune magazine 500 Largest U.S.-Based Companies (published May 5, 2011)
Walgreens ranked 32nd overall in revenue, 3rd among food and drugstores.
Fortune magazine Global 500 Largest Companies (published July 25, 2011)
Walgreens ranked 104th overall in revenue.
Forbes Global 2000 (published May 10, 2010)
Walgreens ranked 163th on this list of the 2000 largest public companies worldwide.
Fast Company magazine "Fast 50" issue (published March 2012)
Walgreens ranked as the 3rd most innovative health care company for leadership in health care services like its national network of Take Care Clinics and its burgeoning efforts in health and wellness services and chronic care management.
Diversity/Careers magazine (published June/July 2010)
Walgreens was again named a Best Diversity Company in the publication's Reader's Choice survey.
CAREERS & the disABLED magazine Top 50 Employers (published Winter 2010/2011)
Walgreens ranked 12th in the readers survey of employers they believe provide the most positive working environment for people with disabilities.
Moody's
Walgreens current rating is Baa1.
Standard and Poor's
Walgreens current rating is BBB
Benefits
Company Paid Life Insurance
Voluntary Accident Insurance
Voluntary Life Insurance
Paid Disability Leave
Sick Time
Holiday Pay
Funeral Leave
Jury Duty Pay
Prescription Coverage:
The Walgreens Prescription Drug Plan is designed to help make the cost of prescription medications more affordable for our Walgreens team members and their families. Team members must be enrolled in a Walgreens medical plan to receive this benefit. Covered prescriptions are available to team members and their dependents for minimal co-pay.
Medical/Dental Coverage:
Comprehensive health and dental plans are available to team members for themselves and their dependents. Team members may choose to enroll in a Walgreens Health Plan PPO or the Walgreens Consumer Driven Health Plan, which includes an account called a Health Reimbursement Account to help pay for our team members’ healthcare needs.