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Charles R. Walgreen Sr.

Charles R. Walgreen Sr. (1873–1939) was an American pharmacist and entrepreneur who in 1901 bought the Chicago drugstore where he worked, thereby founding the Walgreens drugstore chain.

Contents11 sections
Key facts

Early Life: Birth and Apprenticeship

Walgreen was born on October 9, 1873, on a farm near Galesburg, Illinois, and moved with his family to Dixon in 1887. At the age of 16, he first worked in a drugstore, and he later became an apprentice pharmacist there.⁠[1][2][1]

Working in Chicago

In 1893, Walgreen came to Chicago, where he worked as an $18-a-week drugstore clerk and studied pharmacy at night.⁠[1]

Buying His First Drugstore

In 1901, Walgreen bought the drugstore where he worked as a pharmacist. Located in Barrett’s Hotel at Cottage Grove and Bowen Avenue on Chicago’s South Side, it was the first Walgreens store.⁠[3][2]

Opening a Second Store

In 1909, Walgreen opened a second store, marking the start of the chain’s expansion; by 1913 there were 4 stores, rising to 9 in 1916 and reaching 20 in 1920.⁠[2][1][2]

Equal Pay for Pharmacists

In 1928, Walgreen insisted that the company pay Black and white pharmacists the same.⁠[3]

Stores Reach 525

By 1929, Walgreens had reached 525 stores and had entered major markets including New York City and Florida.⁠[2]

Gift to the University of Chicago

In 1937, Walgreen donated $550,000 to the University of Chicago to establish the Charles R. Walgreen Foundation for the Study of American Institutions, for research and instruction in American institutions.⁠[2][4]

Stepping Down as President

In the summer of 1939, Walgreen resigned as president of Walgreen Co. and became chairman of the board, and his son Charles R. Walgreen Jr. succeeded him as president.⁠[4][1]

Death

On December 11, 1939, Walgreen died at his home in Chicago at the age of 66.⁠[4][5]

Business Practices

After taking over his first store, Walgreen installed bright new lights, widened the aisles, broadened the selection of merchandise, kept prices fair, and personally greeted every customer.⁠[2][2]

Sources

  1. Charles R. Walgreen, Drug Store Chain’s Founder, Dies – Evening Star (Washington, D.C.), December 12, 1939, page 8 (opens in a new window)
  2. Welcome to Walgreens: A Guide to Walgreens Company Information and History (New Team Member Guide) (opens in a new window)
  3. History of pharmacy, legacy of care (opens in a new window)
  4. Founder of Drug Empire Succumbs – Imperial Valley Press (El Centro, Calif.), December 12, 1939, page 3 (opens in a new window)
  5. Charles Rudolph Walgreen - Wikipedia (opens in a new window)