Does Walgreens owned by Walmart?

Walgreens is an American company that operates as the second-largest pharmacy store chain in the United States behind CVS Health. It specializes in filling prescriptions, health and wellness products, health information, and photo services. As of August 31, 2019, the company operated 9,277 stores in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

The company was founded in 1901 by Charles R. Walgreen Sr. By 1913, it had grown to four stores on Chicago’s South Side. It opened its fifth store in 1915, and four more by the end of the year.

By 1919, there were 20 stores in the chain. As of September 2016, Walgreens operates 8,175 stores in all 50 states.

In October 2015, Walgreens announced that it would acquire Rite Aid for $17.2 billion.

Does Walgreens owned by Walmart?

No, Walgreens is not owned by Walmart. However, Walmart does own a minority stake in Sam’s Club, which is a competitor of Walgreens.

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