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Walgreens Boots Alliance, Inc. (WBA) history, profile and corporate video

   Walgreens Boots Alliance, Inc. (WBA) is a healthcare, pharmacy and retail company headquartered in Deerfield, Illinois, U.S.

HISTORY

   Walgreens Boots Alliance was formed in 2014 through the combination of Walgreens and Alliance Boots.


Walgreens

   Walgreen Company was formed in 1909, but its origins date back to 1901 when Charles Rudolph Walgreen Sr. purchased the drugstore where he worked as a pharmacist in Chicago, U.S.

   In 1999, Walgreens.com was launched.

   In 2010, Walgreens acquired the Duane Reade drugstore chain.

   In 2011, Walgreens acquired drugstore.com and Beauty.com

Alliance Boots

   Alliance Boots was formed in 2006 after the merger of the Boots Group with Alliance UniChem.

Boots

   Boots’ origins date back to 1849 when John Boot opened the first Boots store, selling herbal remedies, in Goose Gate, Nottingham, UK.

   In 1935, Boots launched No7 cosmetics.

Alliance UniChem

   Alliance UniChem was formed in 1997 from the merger of Unichem and Alliance Santé. UniChem was formed in 1938 in the UK to serve wholesale pharmaceutical products to independent pharmacies. Alliance Santé was formed in 1991 from the merger between Alleanza Salute Italia (founded as Alleanza Farmaceutica in 1977 by Stefano Pessina) and French pharmaceutical wholesalers ERPI and IFP.

   In 1998, Alliance UniChem acquired S.A.F.A., a Spanish pharmaceutical distributor founded in 1919.

   In 2000, Alliance UniChem acquired Interpharm, a pharmaceutical wholesaler founded in 1896 in The Netherlands.

   In 2007, Alliance Boots wholesale businesses were rebranded to Alliance Healthcare.

   In 2010, Alliance Boots became the majority shareholder of the German pharmaceutical wholesaler ANZAG.

   In 2013, Walgreens and Alliance Boots announced a strategic collaboration with AmerisourceBergen, a pharmaceutical sourcing and distribution services company.


   In 2018, Walgreens Boots Alliance and Alibaba launched a Boots flagship store on Tmall Global, Alibaba’s B2C platform for international brands and retailers, introducing iconic Boots beauty brands to consumers on Alibaba’s platforms in China.

   In 2021, Walgreens Boots Alliance sold its Alliance Healthcare businesses to AmerisourceBergen Corporation.


OPERATIONS

   The company operates through the following business segments: USA Segment, International Segment, Walgreens Health Segment, and No7 Beauty Company.

USA Segment

   The United States segment consists of the U.S. retail pharmacy brands, Walgreens and Duane Reade, which together form one of the largest drugstore chains in the U.S. It also includes the specialty and home delivery pharmacy, AllianceRx Walgreens Prime, and the majority investment in iA, a software-enabled pharmacy automation solutions provider.

   In this segment, the company focuses on selling prescription and non-prescription drugs, as well as a wide assortment of retail products, including health and wellness, beauty, personal care and consumables, and general merchandise.

International Segment

   The International segment consists of pharmacy-led health and beauty retail businesses, including brands such as Boots in the UK, Thailand and the Republic of Ireland, Boots Opticians, Benavides in Mexico and Ahumada in Chile, as well as WBA’s pharmaceutical wholesale operation in Germany. It also includes Boots franchise operations in the Middle East and Indonesia.

Walgreens Health Segment

   The Walgreens Health segment is a locally delivered healthcare platform that brings whole-person healthcare to local communities across America – in-store, at home, in the doctor’s office, and via mobile app.

No7 Beauty Company

   With a portfolio of regarded beauty brands such as No7, Liz Earle Beauty Company, and Soap & Glory, No7 Beauty Company made its products and services available online and in over 20,000 stores worldwide.


   With more than 354 000 employees in more than 25 countries, Walgreens Boots Alliance is considered one of the world’s largest retail, pharmacy, and drug wholesale companies. According to Forbes, it is considered one of the top 2000 largest public companies in the world.

*Information from Forbes.com, Wikipedia.org, and ”www.walgreensbootsalliance.com”.

**Video published on YouTube by “CompaniesHistory.com“.