Rank: 36 (Previous rank: 40)
Compare tool: Walgreen vs. Top 10
CEO: Gregory D. Wasson
Address: 200 Wilmot Rd.
Deerfield, IL 60015
Faced with rising competition and slowing sales of prescription drugs (yet more fallout from the recession), Walgreen is overhauling operations.
Led by newly appointed CEO Gregory Wasson, a 29-year company veteran, Walgreen is scaling back new store openings, remodeling existing locations and reformulating the way it fills prescriptions. Wasson replaces Jeffrey Rein, who announced his retirement on Oct. 10, two days after Walgreen walked away from a battle with CVS Caremark Corp. to purchase Longs Drug Stores. - S.K.
Industry: Food and Drug Stores
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