Background Information

Running Head: WALGREENS RETAIL PHARMACY 1

 

WALGREENS RETAIL PHARMACY 7

 

 

 

 

Walgreens retail pharmacy

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Walgreens retail pharmacy

Introduction

After CVS Health, Walgreen Organization is an American-based company active in the United States as the second-largest retail store retailer. It deals in medicine, wellness and wellbeing products, photo processing, and health records enforcement. The business managed 9,277 stores in the United States as of August 31, 2019. It was established in Chicago, Illinois, in 1901.

In 2014, the corporation agreed to purchase the additional 55% of Switzerland-based Collaboration Boots that it did not already own to create a global corporation (Bacon, 2004). Under the terms of the merger, the two companies merged to form a new investment. On December 31, 2014, the firm, Walgreens Boots Alliance Inc. The primary target of this article is to include the Walgreens retail pharmacy profile.

Background Information

Walgreens opened on Chicago’s Bowen and Cottage Grove Roads in 1901 with a small food front store run by Charles R. Walgreen, a native of Galesburg. Via 1913, Walgreens had expanded to four shops on the South Side of Chicago. The first opened in 1915 and four more opened in 1916. By 1919, the chain had 20 stores. The 1920s were a prosperous period for Walgreens due to alcohol prohibition (Bacon, 2004). While alcohol was prohibited, Walgreens was available and sold prescription whisky.

The company launched a malted milkshake in 1922, which led to its ice cream processing facilities. Walgreen continued opening shops further from suburban neighborhoods the next year. There were 44 shops in the mid-1920s with total sales of $1,200,000 overall. Walgreens had by then expanded to Minnesota, Missouri, and even Wisconsin.

It had 397 stores and US$4,000,000 in annual sales during 1930. In October 1929, the stock market crash did not adversely affect the company. And the Great Depression. By 1934, with 601 stores, Walgreens was present in 30 states.

His son, Charles R. Walgreen Jr., took over the chain after his retirement following Charles Walgreen Sr. in 1939. Charles R. Walgreen’s (Walgreen Jr.years )’s were relatively prosperous, but there was no rapid The early part of the century saw expansion. The “Cork” Charles R. R. R. R. R. R. In the early 1950s, following the retirement of Walgreen Jr., Walgreen III took over and modernized the business by switching to barcode scanning (Bacon, 2004).

After the dismissal of Walgreen III, the Walgreen family was not involved in senior management of the company for a brief period. In 1986, it purchased the MediMart chain of Stop & Shop. Kevin P. Walgreen was made a vice president.

The CEO of Walgreens was succeeded by the company’s president, Jeff Rein, as David Bernauer stepped down on July 12, 2006. Before being voted Chief Executive Officer and Chairman of the Board, Rein was a pharmacist, retail manager, district manager, Treasurer, University of Arizona, holding degrees in accounting and pharmacy. Walgreens Health Care’s founding president, Greg Wasson, has been elected president and chief operating officer.

Rein unexpectedly retired as CEO on October 10, 2008 and was replaced as Chairman and Acting CEO by Alan G. McNally. On January 26, 2009, Gregory Wasson was elected CEO, effective February 1, 2009. In February 2020, the appointment of Richard Ashworth as President of the company was confirmed by Walgreens. He served as Head of Operations for Walgreens previous to his nomination.

Community and Clients Service

Through a range of community-focused pharmacy and wellness programs, starting in the city’s underserved communities on the south side, Walgreens is furthering its pledge to reduce health inequalities and strengthen results in its hometown of Chicago (Media, 2020). This builds on the more than $35 million spent this summer by Walgreens to re-open distressed Chicago stores to serve the needs of these neighborhoods better and help ensure continuous pharmacy coverage at a crucial moment.

Walgreens aims to improve access to quality care and public outreach in partnership with local officials and neighborhood groups to help promote Chicago’s health equality priorities. All we do is motivated by enhancing the wellbeing and wellbeing of the people we represent, and we know that there is a tremendous need and desire to support the patients we serve on their path to healthier health,” said John Standley, President of Walgreens.

As part of our commitment to Chicago, and with pharmacists our clients know and trust, we can continue to impact learning more about the specific health needs in these fields and tailoring our pharmacy services to help address them. On the south side of the city, Walgreens has now begun adding health care services to Chatham. Residents in these areas face a greater incidence of acute and chronic diseases, such as hypertension, diabetes, pneumonia, and flu, with data suggesting.

Size of Organization

Walgreens filled 287.6 million prescriptions on a 30-day adjusted basis in fiscal 2020 (including immunizations). More than 225,000 workers are working by us. Within the organization’s number of patient service suppliers, over 85,000 healthcare service providers, including pharmacists, medical assistants, nurse practitioners, and other health-related careers. Media (2020) states that as of August 2020, the organization has 86 million Balance® Rewards participating participants.

The number of participants of Balance Incentives. About 78% of the population of the U.S. lives within five kilometers of Walgreens’ Duane Reade store. As of August 31, 2020, Walgreens has about 9,021 discount stores and locations in the District of Columbia, Puerto Rico, and the United States, in all 50 states, Virgin Islands, Walgreens.com, along with its Omni channel company.

See the count by the state for our shop. Every day, Walgreens connects with nearly 8 million clients in its shops and online. The organizational store’s overall capacity is roughly 13, 50000. Square feet Field of is around 10,500 square feet while employees are roughly 222 employees

Legal Aspects, Federal and State Laws

Pharmacists require a strong therapeutic knowledge base and analytical thinking ability to be genuine pharmacotherapy specialists. Since pharmacists also supply other health care providers and patients with medication information (DI), keeping informed can be a daunting challenge as the entirety of medical awareness doubles every two years (1-3) (Clauson et al. 2008). More importantly, the market is overwhelmed regularly with novel medications and dietary supplements (e.g., spices, nutraceuticals, etc.), and new indications and safety considerations are increasingly emerging. Thus, timely and appropriate DI materials are essential and useful assets in the information arsenal.

Local Policies on Diversity

At Walgreens, you will find a team positively energized by every person’s unique strengths, ideas, experiences, and ambitions. In other words, in our shops, offices, and other workplaces, you will be your true self and be relaxed and assured that what matters most here is doing your part to make wellbeing and wellbeing visible to us regularly.

Walgreens has a proud legacy of more than 100 years of valuing diversity and supporting equality, and we are now seeing that dedication. We intend to be known for diversity and inclusion as a “Next Practices” organization, one whose backgrounds, people, backgrounds, and environments represent the current and potential clients we serve while providing superior business results. We’re proud to share with you some of the respects we have been honored lately for our contribution to a dynamic and inclusive workplace and society.

Walgreens is dedicated to cultivating diversity within all pharmacy schools and universities. Since 2008, Walgreens has contributed over a million dollars per year to this cause. According to Borja-Hart et al. (2016), with about half going to students in the form of grants, the remainder is given to certified pharmacy schools in the United States and Puerto Rico. In our ongoing sponsorship, we help expand students’ attendance in underrepresented populations and offer educational assistance.

Walgreens Company Resource Groups (BRGs) help recruit, involve, grow and maintain diverse talent through their services, activities, and projects and boost the name, credibility, and community engagement of Walgreens. All nine team members’ grassroots networks are dedicated to make Walgreens an ever more dynamic and welcoming workplace and retailer of choice.

 

 

 

 

References

Bacon, J. U. (2004). America’s Corner Store: Walgreen’s Prescription for Success. John Wiley & Sons.

Borja-Hart, N. L., & Leachman, B. G. (2016). Drug information resources used by chain community pharmacists in Tennessee. Journal of Pharmacy Technology32(5), 185-190.

Clauson, K. A., Fass, J. A., & Seamon, M. J. (2008). Legal requirements for drug information resources maintained by pharmacies. Drug information journal: DIJ/Drug Information Association42(6), 569-582.

Media, F. (2020). Walgreens retail pharmacy. Retrieved January 28, 2021, from https://news.walgreens.com/press-releases/walgreens-addressing-health-disparities-in-chicagos-underserved-communities-with-new-pharmacy-and-healthcare-initiatives.htm

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