| Jul 10, 2014
The investment arm of Chicago's billionaire Crown family has thrown its weight behind a New York-based activist hedge fund in its calls for retailer PetSmart to sell itself, a rare public rebuke of a company the family invests in.
In a Monday letter...
| Jul 8, 2014
| 12:45 AM
Owners of a Downers Grove Walgreens received preliminary approval to keep its drive-through pharmacy window open for 24 hours.
Members of the village plan commission unanimously approved the application for the store at 1000 Ogden Avenue Monday.
| Jul 5, 2014
Walgreen Co. Chief Executive Greg Wasson has confirmed that his company might move its headquarters outside the U.S. from its current location in north suburban Deerfield. He's one of many American corporate leaders under pressure to cut their companies'...
| Jul 6, 2014
Greg Wasson recently celebrated his 34th year working for Walgreen Co., including the past five as its president and chief executive.
When he took the reins in February 2009, the Deerfield-based pharmacy chain had a reputation as conservative, stable...
| Jul 3, 2014
— Dixon Mayor Jim Burke never knew Charles Walgreen, who grew up in this small western Illinois town and started what's now a multibillion-dollar, multinational drugstore chain.
But like others in Dixon, Burke is sure Walgreen, who died in 1939,...
| Jul 3, 2014
| 6:10 AM
Walgreen Co. sales rose 8.9 percent last month, driven by prescriptions.
The Deerfield-based company, the nation’s largest drug store chain, reported sales of $6.28 billion in June compared to $5.77 billion last year. Sales in stores open at least...
| Jun 29, 2014
Walgreen Co. is at a crossroads, but it may not be "at the corner of happy and healthy" as its advertising slogan suggests.
The nation's largest drugstore chain is considering a move that would allow it to significantly cut its tax bill and increase...
| Jun 25, 2014
| 6:32 AM
I am disgusted to read that the leaders of Walgreen Co. are considering moving the company’s headquarters out of the U.S. just to trim its tax bill (Business, June 25).
I'm sure they will continue enjoying the full benefits of living and working...
| Jun 24, 2014
| 11:59 AM
Just a hop and a skip from what will soon be known as the “old Walgreens” on North Michigan Avenue, a flagship store for the nation's largest drugstore chain opens Wednesday in the Wrigley Building, complete with sushi, frozen yogurt and a...
| Jun 17, 2014
| 2:51 PM
TheraPearl, a rapidly growing Columbia-based manufacturer of therapeutic hot and cold packs, has been acquired by Performance Health Inc., an Akron, Ohio-based manufacturer and marketer of wellness and rehabilitation products.
Terms of the deal were...
| Jun 18, 2014
| 5:00 AM
Walgreen Co. on Wednesday took another step on its path from retail pharmacy to health care company with a new pact to provide expanded services to patients in Arizona.
The Deerfield-based pharmacy chain’s pharmacists and nurse practitioners will...