Founding of Walgreens
Charles R. Walgreen opened the first Walgreens drugstore in Chicago, Illinois, marking the beginning of what would become one of the largest pharmacy chains in the United States.
1901
1916
Expansion Begins
Walgreens expanded to a total of nine stores in the Chicago area, demonstrating the early success and growth potential of the company.
1922
Introduction of the Malted Milkshake
Walgreens introduced the malted milkshake, which became a popular item and helped differentiate the stores from other pharmacies.
1927
Public Offering
Walgreens went public, offering its stock to the public for the first time, which provided capital for further expansion.
1939
Reaching the West Coast
Walgreens expanded its operations to the West Coast, establishing a presence in Los Angeles, California.
1946
Post-War Boom
After World War II, Walgreens experienced significant growth, expanding to over 500 stores across the United States.
1960
Introduction of the Self-Service Concept
Walgreens introduced the self-service concept in its stores, allowing customers to browse and select products on their own, which revolutionized the retail pharmacy experience.
1975
Introduction of Intercom Plus
Walgreens introduced Intercom Plus, an advanced computer system for managing prescriptions, which improved efficiency and accuracy in pharmacy services.
1984
Launch of Walgreens Health Initiatives
Walgreens launched Walgreens Health Initiatives, a pharmacy benefit management service, which expanded the company's role in healthcare management.
1990
Reaching 1,000 Stores
Walgreens reached a significant milestone by opening its 1,000th store, further solidifying its position as a leading pharmacy chain.
2006
Acquisition of Happy Harry's
Walgreens acquired Happy Harry's, a Delaware-based pharmacy chain, adding 76 stores to its portfolio and expanding its presence in the Mid-Atlantic region.
2010
Introduction of Balance Rewards
Walgreens launched its Balance Rewards loyalty program, offering customers points for purchases and other incentives, which enhanced customer engagement and retention.
2014
Merger with Alliance Boots
Walgreens completed its merger with Alliance Boots, a European pharmacy-led health and beauty group, forming Walgreens Boots Alliance and creating a global leader in pharmacy and health retail.
2018
Partnership with Microsoft
Walgreens announced a strategic partnership with Microsoft to develop new healthcare delivery models, leveraging technology to improve patient outcomes and operational efficiency.
2020
Response to COVID-19
Walgreens played a crucial role in the response to the COVID-19 pandemic by offering testing, vaccinations, and other essential services to communities across the United States.
2022
Acquisition of VillageMD
Walgreens acquired a majority stake in VillageMD, a primary care provider, as part of its strategy to integrate pharmacy and primary care services for better patient care.
2023
Expansion of Healthcare Services
Walgreens continued to expand its healthcare services by opening more primary care clinics and enhancing its digital health offerings, aiming to provide comprehensive care to its customers.
