Walgreen owns Walgreens

Did you know that the Corporation that owns Walgreens is named “Walgreen”?… So the “S” on the chain of drug stores isnt plural – it’s ownership. the chain is literally “Walgreens” cuz it belongs to the Walgreen Corp. whoah…

Info on the chain from the Fortune 500 list:

The country’s largest drug chain, with 7,697 total stores, Walgreen continues to perform well. Its April 2010 purchase of Duane Reade has paid off already: The acquisition improved sales and accounted for about half of the company’s growth.

The company also is building its house brand, having launched a major advertising campaign to promote Walgreen-branded products earlier this year. Online growth is another focus: The chain bought Drugstore.com in March for $429 million.

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