By John U. Bacon
"This is the tale of Walgreens, the main profitable 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 this 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 average spots on Fortune magazine's lists of such a lot famous and top appearing businesses. the tale of Walgreens' impressive upward push to the head is one in every of grit and gumption, expertise and tenacity, and an unfailing dedication to outdated down-home values. This publication bargains either a colourful slice of Americana and a compelling company profile, interweaving own anecdotes with old and financial insights.
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Additional info for America's Corner Store: Walgreen's Prescription for Success
What a wonderful atmosphere for a child to grow up in. . ”56 It is not difficult when you read Myrtle’s descriptions of the virtues her parents stressed to see how those morals were passed on to her son Chuck and to subsequent generations of Walgreens, providing the timeless basic values on which the entire company is based to this day. Her father, Myrtle wrote, “took his responsibilities as trusts, and he had a keen sense of honor about obligations. He made us feel that if we took TLFeBOOK 32 america’s corner s tore on a job of any kind, it was our duty to do it in the best possible way, no matter how tired of it we might become.
In my childhood we had a good time at home,” she wrote. ” “Papa’s pride of mother was very forthright,” she said in her book. “What a wonderful atmosphere for a child to grow up in. . ”56 It is not difficult when you read Myrtle’s descriptions of the virtues her parents stressed to see how those morals were passed on to her son Chuck and to subsequent generations of Walgreens, providing the timeless basic values on which the entire company is based to this day. Her father, Myrtle wrote, “took his responsibilities as trusts, and he had a keen sense of honor about obligations.
He now believed he could do it as well or better than most, and he was certain he’d much rather work for himself than for someone else. But when he approached Mr. Blood about buying the Cottage Grove store, Blood replied that he wouldn’t take a cent less than $4,000. Obviously, Blood had learned Walgreen’s lessons on negotiations too well, presenting Walgreen a seemingly impossible standard to reach. As always, Walgreen saved his best efforts for any achievement that might grant him more independence.
America's Corner Store: Walgreen's Prescription for Success by John U. Bacon
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