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Walgreens
Walgreens is an American pharmacy store chain. It is the second largest in the United States, behind CVS Pharmacy. As of March 2025, the company operated more than 8,700 stores in the U.S. 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. Founded in Chicago in 1901, Walgreens is headquartered in the Chicago suburb of Deerfield, Illinois. 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 trades on the Nasdaq under the symbol WBA. In 2021 the company was one of several pharmacy chains found by a federal jury to have sub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walgreens Boots Alliance
Walgreens Boots Alliance, Inc. (WBA) is an American multinational holding company headquartered in Deerfield, Illinois. The company was formed on December 31, 2014, after Walgreens bought the 55% stake in Alliance Boots (owner of Boots UK Limited) that it did not already own. The total price of the acquisition was $4.9 billion in cash and 144.3 million common shares with fair value of $10.7 billion. Walgreens had previously purchased 45% of the company for $4.0 billion and 83.4 million common shares in August 2012 with an option to purchase the remaining shares within three years. Walgreens became a subsidiary of the newly created company after the transactions were completed. , Walgreens Boots Alliance is ranked #18 on the Fortune 500 rankings of the largest United States corporations by total revenue. In fiscal year 2022, the company saw sales of $132.7 billion, up 0.1% from fiscal 2021, and saw net earnings increase to $4.3 billion. The combined business has operations in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alliance Boots
Alliance Boots was a multinational pharmacy-led health and beauty group with corporate headquarters in Bern, Switzerland and operational headquarters in Nottingham and Weybridge, United Kingdom. The company had a presence in over 27 countries including associates and joint ventures and in 2013/14, reported revenue in excess of £23.4 billion. It had two core business activities – pharmacy-led health and beauty retailing, and pharmaceutical wholesaling and distribution – and also increasingly developed and internationalised its product brands. The company was formed in 2006 by the merger of the British high street pharmacist Boots Group and the pan-European wholesale and retail pharmacy group Alliance UniChem and was listed on the London Stock Exchange as Alliance Boots plc. In 2007 it was bought out in a private equity transaction by AB Acquisitions Limited, led by Stefano Pessina and Kohlberg Kravis Roberts (KKR). Alliance Boots GmbH was established in Switzerland during ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stefano Pessina
Stefano Pessina (born 4 June 1941) is an Italian-Monegasque billionaire businessman; he is the executive chairman and largest single shareholder of Walgreens Boots Alliance. Early life Pessina was born in Pescara and grew up between Milan, Como, and Naples. He graduated from the Polytechnic University of Milan in nuclear engineering before starting his career in academia and later joining market research firm ACNielsen in Milan. He wanted to be a nuclear physicist but was discouraged by the tumultuous political climate of 1970s. Career In 1977, Pessina took over his family's pharmaceutical wholesaler (possibly Petrone Group) in Naples, and turned it into Alliance Santé, a Franco-Italian pharmaceutical wholesale group. In 1997, it merged with Alliance UniChem. From 2001 to 2004, he was its CEO. He was deputy chairman, and later chairman. The company merged with Boots Group PLC in 2006 and was taken private in July 2007. Pessina was chairman of Alliance Boots from 2007 to 2014 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charles Rudolph Walgreen
Charles Rudolph Walgreen (October 9, 1873 – December 11, 1939) was an American businessman and the founder of Walgreens. Background Walgreen was born on a farm near Galesburg, Illinois before moving to Dixon, Illinois, in 1887. He was the son of Swedish immigrants. In the 1790s, Charles's great-great-great-grandfather, Sven Olofsson, adopted the surname ''Wahlgren'' () during his military service, a family fact passed down over the generations. When Charles's father, Carl Magnus Olofsson, came to America from Sweden, he decided to change the family name to ''Walgreen''. When Charles was still quite young he and his family relocated to Dixon, Illinois, in 1887. He attended Dixon High School and Dixon Business College. He was a member of the international fraternity Tau Kappa Epsilon. As a young adult, he lost part of a finger in an accident at a shoe factory. The doctor who treated him persuaded him to become an apprentice for a local druggist. His interest in pharmacy date ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deerfield, Illinois
Deerfield is a village in Lake County, Illinois, Lake and Cook County, Illinois, Cook counties in the U.S. state of Illinois. A northern Chicago metropolitan area, suburb of Chicago, Deerfield is located on the North Shore (Chicago), North Shore, about north of Chicago Loop, downtown Chicago. The population was 19,196 at the 2020 United States census, 2020 census. Deerfield is home to the headquarters of Walgreens Boots Alliance, Baxter Healthcare, and Fortune Brands Home & Security. Deerfield is often listed among the wealthiest and highest-earning places in Illinois and the Midwest. According to the United States Census Bureau, the median household income in Deerfield was $185,762 in 2022. History Beginnings Originally populated by the Bodéwadmiakiwen (Potawatomi), Myaamia (Miami people, Miami), Kiikaapoi (Kickapoo people, Kickapoo), and Peoria people, Peoria Native Americans, the area was settled by Horace Lamb and Jacob B. Cadwell in 1835 and named Cadwell's Corner. A sh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sycamore Partners
Sycamore Partners is an American private equity firm based in New York specializing in retail and consumer investments. The firm has approximately $10 billion in aggregate committed capital. History Founding Sycamore Partners was founded in 2011 by Stefan Kaluzny and Peter Morrow. Before Sycamore, Kaluzny was a managing partner at Golden Gate Capital and was employed since the firm's inception. Prior to joining Golden Gate, he co-founded Delray Farms, Inc. and also served as its chief executive officer. Kaluzny received a BA from Yale University and an MBA from Harvard Business School. Morrow served as a Principal at Golden Gate before co-founding Sycamore. Peter Morrow received a BA from Stanford University and an MBA from Stanford Graduate School of Business. Sycamore Partners is in a acquisition of Walgreens boots alliance the acquisition is expected too close in the fourth quarter of 2025 Holdings Current * CommerceHub * Staples and Staples Canada (Acquired 2017) *Pur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tim Wentworth
Timothy C. Wentworth (born 1959/1960) is an American businessman and CEO of pharmacy operator Walgreens Boots Alliance. He is a former CEO of Evernorth, Cigna's health services platform and a former CEO of Express Scripts, the United States' largest pharmacy benefit manager. Education Wentworth graduated from Monroe Community College with an associate degree in business. During his time at Monroe, he received a scholarship from Kodak. Wentworth later earned a bachelor's degree in Industrial and Labor Relations from Cornell University's Industrial and Labor Relations School. He later received an honorary doctorate degree from the State University of New York. Career Wentworth began his career in the music industry, spending three years at RCA Records. He then held human resources management positions at PepsiCo before joining Mary Kay. During his five years at Mary Kay, he was senior vice president of human resources and then president, international. In 1998, Wentworth joined M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milkshake
A milkshake (sometimes simply called a shake) is a sweet beverage made by blending milk, ice cream, and flavorings or sweeteners such as butterscotch, caramel sauce, chocolate syrup, or fruit syrup into a thick, sweet, cold mixture. It may also be made using a base made from non-dairy products, including plant milks such as almond milk, coconut milk, or soy milk. Dry ingredients such as whole fruit, nuts, seeds, candy, or cookies may be incorporated. Milkshakes originated in the United States around the turn of the 20th century, and grew in popularity following the introduction of electric blenders in the subsequent two decades. They became a common part of youth popular culture, as ice cream shops were a culturally acceptable meeting place for youth, and milkshakes became symbolic of the innocence of youth. Preparation Full-service restaurants, ice cream shops, soda fountains, and diners usually prepare the shake in a milkshake machine. At home, a blender is m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago, Illinois
Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of United States cities by population, third-most populous city in the United States after New York City and Los Angeles. As the county seat, seat of Cook County, Illinois, Cook County, the List of the most populous counties in the United States, second-most populous county in the U.S., Chicago is the center of the Chicago metropolitan area, often colloquially called "Chicagoland" and home to 9.6 million residents. Located on the shore of Lake Michigan, Chicago was incorporated as a city in 1837 near a Chicago Portage, portage between the Great Lakes and the Mississippi River, Mississippi River watershed. It grew rapidly in the mid-19th century. In 1871, the Great Chicago Fire destroyed several square miles and left more than 100,000 homeless, but ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pharmacy (shop)
A pharmacy (also called drugstore in American English or community pharmacy or chemist in Commonwealth English) is a premises which provides pharmaceutical drugs, among other products. At the pharmacy, a pharmacist oversees the fulfillment of medical prescriptions and is available to counsel patients about prescription drug, prescription and over-the-counter drug, over-the-counter drugs or about health problems and wellness issues. A typical pharmacy would be in the commercial area of a community. Brick and mortar pharmacies In most countries, a premises for prescription drugs is subject to legislation; with requirements for storage conditions, staff qualifications, equipment, record keeping (especially of controlled drugs) and other matters, all specified in legislation. It was once the case that pharmacists stayed within the premises compounding/dispensing medications, but there has been an increasing trend towards the use of trained pharmacy technicians, with the pharmacist sp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago
Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of United States cities by population, third-most populous city in the United States after New York City and Los Angeles. As the county seat, seat of Cook County, Illinois, Cook County, the List of the most populous counties in the United States, second-most populous county in the U.S., Chicago is the center of the Chicago metropolitan area, often colloquially called "Chicagoland" and home to 9.6 million residents. Located on the shore of Lake Michigan, Chicago was incorporated as a city in 1837 near a Chicago Portage, portage between the Great Lakes and the Mississippi River, Mississippi River watershed. It grew rapidly in the mid-19th century. In 1871, the Great Chicago Fire destroyed several square miles and left more than 100,000 homeless, but ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
