The Walgreens store located at 20th and Yale in Tulsa, Oklahoma, is a prime example of a company adapting to the changing retail landscape. As one of the largest drugstore chains in the United States, Walgreens has been a staple in American retail for over a century. The 20th and Yale location is just one of many stores that Walgreens operates, but it serves as a model for how the company is evolving to meet the needs of its customers.
History of Walgreens
Walgreens was founded in 1901 by Charles R. Walgreen, Sr. in Chicago, Illinois. The first store was located at 4134 Cottage Grove Avenue and was called Walgreen’s. The store quickly gained popularity, and by 1913, Walgreen had opened several more locations in the Chicago area. In the 1920s, Walgreen began to expand nationally, and by the 1930s, the company had over 400 stores across the United States. Today, Walgreens operates over 9,500 stores in all 50 states, making it one of the largest drugstore chains in the country.
Evolution of the Walgreens Business Model
In recent years, Walgreens has undergone significant changes in its business model. The company has shifted its focus from being a traditional pharmacy to a more comprehensive healthcare provider. This shift is evident in the services offered at the 20th and Yale location, which include a pharmacy, a clinic, and a variety of health and wellness services. Walgreens has also invested heavily in digital technologies, including online shopping and mobile apps, to make it easier for customers to manage their health and wellness needs.
One of the key ways that Walgreens is evolving its business model is through its partnership with other healthcare providers. For example, the company has partnered with UnitedHealth Group to offer a range of healthcare services, including primary care and specialty care. Walgreens has also partnered with Verily, a subsidiary of Alphabet, to develop new healthcare technologies and services. These partnerships demonstrate Walgreens' commitment to providing comprehensive healthcare services to its customers.
| Year | Number of Stores | Revenue (in billions) |
|---|---|---|
| 2010 | 7,655 | $67.4 |
| 2015 | 8,232 | $103.4 |
| 2020 | 9,560 | $136.0 |
Services Offered at the 20th and Yale Location
The Walgreens store at 20th and Yale offers a range of services, including a pharmacy, a clinic, and health and wellness services. The pharmacy is staffed by licensed pharmacists who can provide medication therapy management and other services to help patients manage their medications. The clinic offers a range of services, including flu shots, physicals, and health screenings. The store also offers a variety of health and wellness services, including weight management, nutrition counseling, and smoking cessation programs.
Technology and Innovation
Walgreens has invested heavily in digital technologies to make it easier for customers to manage their health and wellness needs. The company offers a range of online services, including online shopping and mobile apps. Customers can use these services to order prescriptions, schedule appointments, and access their health information. Walgreens has also invested in artificial intelligence and machine learning to improve the customer experience and provide more personalized services.
One of the key ways that Walgreens is using technology to improve the customer experience is through its digital therapeutics platform. This platform uses machine learning algorithms to provide personalized health and wellness recommendations to customers. The platform also offers a range of digital health tools, including medication adherence programs and health coaching services.
- Online shopping and mobile apps
- Artificial intelligence and machine learning
- Digital therapeutics platform
- Medication adherence programs
- Health coaching services
What services are offered at the Walgreens store at 20th and Yale?
+The Walgreens store at 20th and Yale offers a range of services, including a pharmacy, a clinic, and health and wellness services. The pharmacy is staffed by licensed pharmacists who can provide medication therapy management and other services to help patients manage their medications. The clinic offers a range of services, including flu shots, physicals, and health screenings. The store also offers a variety of health and wellness services, including weight management, nutrition counseling, and smoking cessation programs.
