Who owns walgreens company

And, since their names are so similar, you might want to know: does Walmart own Walgreens? Walmart does not own Walgreens as of as both Walmart and Walgreens operate independently of each other. Walmart is owned by the Walton family and public shareholders, while Walgreens is owned by Walgreens Boots Alliance, which also owns the drug store, Duane Reade. So, who exactly does own Walgreens, and what similar services do the retail giants both offer? Walgreens was founded in by Charles Rudolph Walgreen.

However, unlike Walmart, the company has not stayed in the family. In , Kevin Walgreen, who was the last remaining member of the Walgreen family still in the business, stepped down from his position as senior vice president of store operations for the southern region.

Now, after an acquisition by AmerisourceBergen at the start of , this American drug wholesale corporation owns the majority share of Walgreens. These days, Walgreens is also part of a larger holding company known as the Walgreens Boots Alliance.

Walmart remains the largest retailer in the world, with around 10, stores and clubs in 24 countries, many of which operate under different names. The Pharmaceutical Wholesale segment consists of equity method investment in AmerisourceBergen. Retail Drugs. Contact Info. United States. Executive Leadership. Stefano Pessina. Executive Chairman of the Board.

Rosalind Gates Brewer. Chief Executive Officer, Director. James Kehoe. Tracey Brown. Ornella Barra. Chief Operating Officer. New Stories. Alphabet Inc's Wing said on Wednesday that Walgreens will use its new drones to make deliveries from a store in Texas, in the first use of such vehicles in a major U. Alphabet Inc's Wing drone project said Wednesday that Walgreens will use its new platform to fulfill deliveries at a store in Texas.

Drugstore chain Walgreens Boots Alliance's COVID test registration system exposed data of potentially millions of people, including their phone numbers and email addresses, Recode reported on Monday. About Us. Learn more. Our Business. Corporate Responsibility. WBA is the largest retail pharmacy, health and daily living destination across the U.

Our purpose is to create more joyful lives through better health. Our vision is to be the leading partner in reimagining local healthcare and wellbeing for all.