This means that the business model of Walgreens is such that there is no separate ownership of stores. Instead, the shareholders of the company collectively own all the 9000+ stores in the U.S.
Are Walgreens privately owned?
Type Public
------------------- ---------------------
Owner Stefano Pessina (16%)
Number of employees 277,000 (2021)
Who owns Walgreens?
Walgreens Boots Alliance
Are all Walgreens corporate owned?
You cannot buy a Walgreens franchise because the stores are all corporate-owned. This means that the business model of Walgreens is such that there is no separate ownership of stores. Instead, the shareholders of the company collectively own all the 9000+ stores in the U.S.
What is Walgreens business model?
Walgreens Boots generates revenue through the sale of pharmaceutical and health products on a retail and wholesale basis, through physical and digital channels. The Company primarily generates revenue in the form of product sales, but also derives a smaller portion of revenue in the form of service fees.