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Walgreens

Unit 5 Individual Project
Presented in Partial Fulfillment
Of the Requirements for the Class
ACG320– Financial Accounting
By
DeLaura B. Todd
AIU Online
20 September 2006

Walgreens Pharmacy
Historical Highlights
In 1901 Charles R. Walgreen Sr. purchased the Chicago drugstore he had been working in as a pharmacist. In 1916 nine stores incorporated as Walgreen Co. By 1927 the Walgreen Co. stock went public. In 1946 Walgreens acquired its first foreign property when the company bought out a Mexican retailer.
In 1950 Walgreens started self-service instead of clerk service stores in the Midwest and by 1953 was the largest self-service retailer in the country. In 1960 Walgreens went to market in Puerto Rico. In 1975 Walgreens reached $100 million in sales.
Walgreens has been an innovator in many things like child resistant drug containers, the first Intercom computers, next-day photofinishing, and installation of point-of-sales scanning to speed checkouts.......


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Approximate Word Count: 1406
Approximate Pages: 6 (250 words per double-spaced page)

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