Tuesday, December 16, 2014

Walgreens Goes Global

After Walgreen's acquisition of the European drugstore giant, Alliance Boots, Walgreens formed a new holding company with four divisions that include "Global Brands." The other three divisions are:
  1. Walgreen Co., which includes the U.S. drugstore chain
  2. Boots, which includes the pharmacy and beauty business in the United Kingdom and Ireland
  3. The global wholesale operation
According to the Global Powers of Retailing 2014 list by auditing firm Deloitte Touche, "Walgreen is now the eleventh-largest retailer of any type in the world (not just among drugstore chains), one of eight U.S. companies in the top twenty, the sixth-largest retailer of any type in the U.S., and is among the top-fifty e-retailers in the world (again, of any type, not just drugstores)."

To learn more, visit:  Under Pessina, Look For Walgreen to Boost Global Brands

Related article:  Walgreens:  Your Local Drugstore Going Global

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