LIST OF FIGURES……………………………………………………………………….
EXECUTIVE SUMMARY……………………………………………………………….
COMPANY DESCRIPTION……………………………………………………………..
HISTORY……………………………………………………………………………........
MANAGEMENT
David W. Bernauer………………………………………………………………….
Jeffrey A. Rein………………………………………………………………………
PRODUCTS AND SERVICES
Products……………………………………………………………………………..
Services……………………………………………………………………………...
COMPETITIVE LANDSCAPE…………………………………………………………..
FINANCIAL REVIEW…………………………………………………………………...
CONCLUSION…………………………………………………………………………...
WORKS CITED………………………………………………………………………….. iii
iv
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3
7
8
9
10
12
17
20
21
FIGURE 1: NUMBER OF STORES NATIONWIDE……………….……………..….....
FIGURE 2: DAVID W. BERNAUER PHOTO……..……………………………………
FIGURE 3: JEFFREY A. REIN PHOTO………….……………………………………...
FIGURE 4: 2006 SALES BY PRODUCT CATEGORY………………………..……….
FIGURE 5: DIRECT COMPETITOR COMPARISON……………………………..…...
FIGURE 6: 2001 – 2006 SALES AND NET EARNINGS…………………………........
FIGURE 7: STOCK PRICE HISTORY………………………………………………….
3
8
9
10
16
19
20
LIST OF FIGURES
EXECUTIVE SUMMARY
Company Description
Walgreens is a nationwide chain of drug stores, with its headquarters located in Deerfield, Illinois. It currently owns and operates about 5,515 stores in the U.S. and Puerto Rico. Walgreens stores offer prescription and non-prescription drugs, grocery items and general merchandise. Its main goal is to maintain constant growth and innovation.
History
Walgreens was opened in 1901 by Charles R. Walgreen. It quickly became successful because of Walgreens’ commitment to their customers and employees. In 1910, the second store was opened and has been increasingly expanding since then. The corporate philosophy “growth according to plan” was very successful in growing of Walgreens corporation.
Management
Two executives highlighted in the report are David Bernauer and Jeffrey Rein. Bernauer started