Tim Wentworth is about to take over as CEO of Walgreens, the area's largest locally based public company. Chicago has a lot riding on a turnaround.
Walgreens is Chicago’s largest publicly traded company, founded in 1901 on Chicago’s South Side by Charles R. Walgreen Sr. Our hometown drugstore chain is one of the world’s largest now, wildly successful over the past century-plus if measured by size. But these are dark days for the global behemoth. Walgreens is in need of some urgent care of its own.
The company said the disruption was minimal but acknowledged the legitimate concerns of those pharmacists. From the micro to the macro, Chicago has a lot at stake in its largest locally based corporation getting its act together. Locally, during a recent visit to a South Side Walgreens, the pharmacist closed the pharmacy window in the middle of the day without notice, saying a lack of staffing made it impossible to serve the long line of customers.
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