By John U. Bacon
"This is the tale of Walgreens, the main winning drugstore chain within the usa. From its founding as a family-run shop in Chicago in 1901, Walgreens has grown into one of many greatest nutrition and drug outlets on the earth. With greater than 3,600 shops national and the 6,000th scheduled to open by means of 2010, Walgreens has controlled to outlive or even thrive while different, better-known rivals, haven't - incomes commonplace spots on Fortune magazine's lists of such a lot renowned and most sensible appearing businesses. the tale of Walgreens' amazing upward push to the pinnacle is one in every of grit and gumption, expertise and tenacity, and an unfailing dedication to outdated down-home values. This e-book bargains either a colourful slice of Americana and a compelling company profile, interweaving own anecdotes with historical and fiscal insights.
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I have learn Securities research entrance to again (yea, i do know. .. i am a faithful fan) and The clever Investor, between a number of different books on company company valuation - simply to set my credentials on the top.
And i need to say, this is often some of the most enjoyable i have had studying a ebook shortly. once you might imagine Graham is horribly dry in his funding books--with his Victorian and impersonal English--here he does an outstanding activity at writing an wonderful narrative of his lifestyles. i really came across myself laughing-out-loud lovely tough at many of the traces in it.
The 30-page advent by way of Seymour Chatman can also be well-written. It does an outstanding task of summarizing and highlighting the ebook. i would suggest you furthermore may learn it.
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Starting web page - bankruptcy title
vii - advent by way of Seymour Chatman (roughly 30 pages long)
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Extra info for America's Corner Store: Walgreen's Prescription for Success
What a wonderful atmosphere for a child to grow up in. . ”56 It is not difficult when you read Myrtle’s descriptions of the virtues her parents stressed to see how those morals were passed on to her son Chuck and to subsequent generations of Walgreens, providing the timeless basic values on which the entire company is based to this day. Her father, Myrtle wrote, “took his responsibilities as trusts, and he had a keen sense of honor about obligations. He made us feel that if we took TLFeBOOK 32 america’s corner s tore on a job of any kind, it was our duty to do it in the best possible way, no matter how tired of it we might become.
When he was able to talk, he related every move that had been made in that long room while he was supposedly unconscious. ”50 Too much can be made of these experiences, but Walgreen was an extraordinarily objective man, not given to exaggeration. There is no doubt this experience made quite an impact on him, allowing him to discard his fear of the future and imbuing him with the urgency to do something special before his time was done. walgreen returns Walgreen came home in November 1898, with an $8-a-month medical pension, some lingering symptoms of his illness, and the strong desire to downshift from Valentine’s busy store.
Not only did the date mark the beginning of a very happy home life, but it would also prove to be the most important decision anyone ever made in the history of the Walgreen Company. diving in—together The 1902 wedding of Charles Sr. and Myrtle secured the Walgreens’ family life forever. By all accounts, their marriage was a happy one, made stronger by the birth of Charles Jr. (or “Chuck,” as he was soon known) in 1906 and Ruth, with bright red hair, in 1910. Despite working long, arduous hours, Charles Sr.
America's Corner Store: Walgreen's Prescription for Success by John U. Bacon