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Walgreen, grandson of Charles Walgreen Sr., who founded the Walgreens drugstore chain in 1901, began his career with the company as a stock boy in 1952. [1] [2] He earned a pharmacy degree from the University of Michigan in 1958 and returned to Walgreens, rising through the ranks to become president in 1969, CEO in 1971, and chairman in 1976.
Charles "Cork" R. Walgreen III took over after Walgreen Jr.'s retirement in the early 1950s and modernized the company by switching to barcode scanning. The company also created larger-sized Walgreens Superstores and purchased the Globe Discount City chain of big-box stores from United Mercantile, Inc. in the 1960s. The Walgreen family was not ...
Walgreens offered low-priced lunch counters, built its own ice cream factory, and introduced the malted milk shake in 1922. By 1927, Walgreen had established 110 stores. His son Charles Rudolph Walgreen Jr. (March 4, 1906 – February 10, 2007) and grandson Charles R. Walgreen III both shared his name and played prominent roles in the company ...
Walgreen Jr. started out as a buyer for the company. As head of the company he increased the profit and size of the drug store, encouraged new lines of products to be sold and changed the format from counter service to self-service. He relinquished his role in company in 1969 to his son Charles R. Walgreen III. [3] He died in 2007 at age 100. [3]
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Walgreen may refer to: Charles Rudolph Walgreen; Charles Rudolph Walgreen Jr. Walgreens Boots Alliance Holding company The Walgreens, aka The Walgreen Company (WAG) Walgreens Health Services (WHS), a business unit of Walgreens; Walgreen Drug Store (Miami, Florida) The Walgreen Coast, a portion of the coast of Antarctica
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Charles Rudolph Walgreen, founder of Walgreens; Albert Blake Dick, a businessman who founded the A. B. Dick Company, a major American copier manufacturer and office supply company of the 20th Century. He coined the word "mimeograph". Ellen Davis, coined the phrase Cyber Monday in 2005.