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Charles R. Walgreen III (1935–2016) was an American businessperson. Biography [ edit ] Walgreen, grandson of Charles Walgreen Sr. , who founded the Walgreens drugstore chain in 1901, began his career with the company as a stock boy in 1952.
By 1927, Walgreen had established 110 stores. His son Charles Rudolph Walgreen Jr. (March 4, 1906 – February 10, 2007) and grandson Charles R. Walgreen III both shared his name and played prominent roles in the company he founded. His daughter, Ruth Walgreen, married Justin Whitlock Dart, who left the Walgreens company after they divorced and ...
Walgreen Jr. started out as a buyer for the company. As head of the company he increased the profit and size of the drug store, encouraged new lines of products to be sold and changed the format from counter service to self-service. He relinquished his role in company in 1969 to his son Charles R. Walgreen III. He died in 2007 at age 100.
Charles "Cork" R. Walgreen III took over after Walgreen Jr.'s retirement in the early 1950s and modernized the company by switching to barcode scanning. The company also created larger-sized Walgreens Superstores and purchased the Globe Discount City chain of big-box stores from United Mercantile, Inc. in the 1960s. The Walgreen family was not ...
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Charles Walgreen III; Charles R. Walgreen III; Charles Rudolph Walgreen Jr. Harvey A.K. Whitney; Y. K. Dock Yip This page was last edited on 21 January 2021, at 04: ...
Charles Rudolph Walgreen Jr. Upsilon / University of Michigan: Former President (1939–1963) and Chairman (1963–1976) of Walgreens: Miles D. White: Alpha-Zeta / Purdue University: Chairman and CEO (1999–2020) and Executive Chairman (2020–2021) at Abbott Laboratories
The Charles R. Walgreen III Stock Index From January 2008 to January 2010, if you bought shares in companies when Charles R. Walgreen III joined the board, and sold them when he left, you would have a -2.4 percent return on your investment, compared to a -22.0 percent return from the S&P 500.