America's Corner Store: Walgreen's Prescription for Success

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John Wiley & Sons, May 3, 2004 - Business & Economics - 255 pages
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Praise for America’s Corner Store

"Who would have thought the story of a drugstore chain could encompass so much vital and fascinating American history? With superb storytelling skills, John Bacon gives us a vivid and insightful chronicle of matters both large and small, from the birth of the milkshake to the rise of America’s consumer culture. America’s Corner Store is a genuine treat."
–James Tobin
the National Book Critics’ Circle—Award winner, and author of To Conquer the Air: The Wright Brothers and the Great Race for Flight

"Run the business with your head. Lead the family with your heart. Walgreens’ history is filled with good values, strong principles, and immense courage. A family business classic."
–Howard "Howdy" S. Holmes
President and CEO, "Jiffy" Mixes

"John Bacon has crafted a thorough, insightful, readable, and fascinating account of the development of Walgreens: one of the world’s most compelling examples of the creation of shareholder value in conjunction with good corporate governance... all in a company run in a highly unique fashion as a ‘family’ business. As the store that everyone knows, Walgreens has become the envy of corporate America and the darling of shareholders, consistently producing investor returns that place it at the very top among its peers. This book will be required reading in my private equity class at Michigan Business School."
–Professor David Brophy
Director, Center for Venture Capital and Private Equity Finance, University of Michigan Business School

 

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America's corner store: Walgreens' prescription for success

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Since Charles Walgreen, the son of Swedish immigrants, opened his first store in 1901 on Chicago's South Side, the pharmacy that still bears his name has grown to more than 4,000 outlets in 44 states ... Read full review

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Contents

from humble beginnings
1
the start of something special 19101929
43
nothing to fear 19291945
95
the postwar era 19451970
139
reinventing the corporation 19701990
167
poised to pounce 1990future
193
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About the author (2004)

JOHN U. BACON has written on a wide variety of subjects for Time magazine, Fortune magazine, and the New York Times, among other publications, earning several national honors for his work. A former feature writer for the Detroit News, he has also authored Blue Ice: The Story of Michigan Hockey, ghost-written several business bestsellers, and currently hosts a weekly radio show. He lives in Ann Arbor, Michigan.

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