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America's Corner Store: Walgreen's Prescription for Success
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America's Corner Store: Walgreen's Prescription for Success Hardcover - 2004

by Wiley

  • New

The fascinating story of a company that has been at the forefront of Americanbusiness for over one hundred years.

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Details

  • Title America's Corner Store: Walgreen's Prescription for Success
  • Author Wiley
  • Binding Hardcover
  • Edition First Edition
  • Condition New
  • Pages 255
  • Volumes 1
  • Language ENG
  • Publisher Wiley, Hoboken, NJ
  • Date 2004-05-03
  • Features Bibliography, Dust Cover, Index, Table of Contents
  • Bookseller's Inventory # OTF-S-9780471426172
  • ISBN 9780471426172 / 0471426172
  • Weight 1.2 lbs (0.54 kg)
  • Dimensions 9.1 x 6.2 x 0.9 in (23.11 x 15.75 x 2.29 cm)
  • Library of Congress subjects Corporations - United States - History, Walgreens (Firm) - History
  • Library of Congress Catalog Number 2004299066
  • Dewey Decimal Code 381.141

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From the jacket flap

America's Corner Store is the fascinating story of Walgreens, the most successful drugstore chain in the United States. From its founding as a family-run store in Chicago in 1901, Walgreens has grown into one of the largest food and drug retailers in the world. With more than 3,600 stores nationwide and the 6,000th scheduled to open by 2010, Walgreens has managed to survive and even thrive when other, better-known competitors, have not-earning regular spots on Fortune magazine's lists of most admired and best performing companies.

The story of Walgreens' remarkable rise to the top is one of grit and gumption, talent and tenacity, and an unfailing commitment to old-fashioned down-home values. Written in an engaging and highly readable style, this book offers both a colorful slice of Americana and a compelling corporate profile, expertly interweaving personal anecdotes with historic and economic insights.

In addition to such popular creations as the milkshake, Walgreens pioneered an impressive list of cutting-edge innovations including self-service shopping, economical store brands, the drive-through pharmacy, one-hour photo developing, and computerized prescription services.

But according to author John Bacon, it was Walgreens' dogged adherence to fundamental values that helped the company survive depressions, recessions, boom times, and wars, while countless competitors have closed their doors. Walgreens' success is based on a commitment to bedrock business principles and sound decision-making, such as:

  • Putting the pharmacy first, long before it became a big profit center
  • Hiring employees based on their character, not resumes
  • Recognizing performance by promoting from within
  • Treating employees like family
  • Making customers feel like welcome guests

Business readers and consumers alike will enjoy learning how superb management, modern merchandising, innovative store design, fair pricing, outstanding customer service, and an exceedingly high-quality pharmacy have fueled Walgreens' astounding growth and continued success.

Media reviews

Citations

  • Library Journal, 05/24/2004, Page 0

About the author

JOHN U. BACON has written on a wide variety of subjects for Time magazine, Fortune magazine, and the New York Times, among other publications, earning several national honors for his work. A former feature writer for the Detroit News, he has also authored Blue Ice: The Story of Michigan Hockey, ghost-written several business bestsellers, and currently hosts a weekly radio show. He lives in Ann Arbor, Michigan.