Word: walgreen
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Waldenbooks, Lucky supermarkets and Walgreen drugstores banned the issue. The Southland Corp. kept it out of 4,200 7-Eleven stores because, a spokeswoman said, it was "beyond the bounds of good taste." Yet most 7- Eleven stores sell condoms all the time, displaying them right on the aisles...
DIED. Justin Whitlock Dart, 76, cantankerous California industrialist and longtime member of Ronald Reagan's "kitchen cabinet"; of heart disease; in Los Angeles. Dart joined Walgreen drugstores as a stock clerk in 1929 after marrying the boss's daughter and eventually became the chain's general manager. In 1941 he moved to the Rexall Drug Co. and turned it into Dart Industries, a conglomerate he merged with Kraft Foods in 1980. Dart recognized Reagan's political potential and worked to advance his career, but refused to accept any high-level post as a reward. Said Dart...
...Thursday-evening news. On Friday, the FDA belatedly advised consumers to "avoid in prudence" all bottles of the capsules. By then it was virtually impossible to obtain Extra-Strength Tylenol anywhere in the Chicago area or indeed in many locations around the country. Two Midwestern retail chains, Jewel and Walgreen, withdrew all bottles of the pain reliever from their stores...
Along the way, the chairman has shown a refreshing tendency to get out of any business that was unsuccessful-or that merely seemed ripe for sale at a profitable price. Dart started out as a drugstore clerk and rose to become general manager of the Walgreen drug chain in nine years; then he moved on through other executive posts in the drug business and wound up as chairman of the Rexall drug chain, which he turned into the foundation of Dart Industries. That did not prevent him from selling off the Rexall stores piecemeal, until today there are only...
Franchising's leading practitioners include Hertz car-rental agencies, Walgreen drugstores and Coca-Cola bottling plants, as well as thousands of gasoline stations and all new-auto dealers. In recent years, the ranks have been joined by both Sears, Roebuck and Montgomery Ward, which together have franchised 1,300 small-town catalogue-order outlets. Franchising has spread to businesses as disparate as art galleries, nursing homes, dating bars, travel agencies, shoe-repair shops, lawnmower-sharpening services and dental-technician schools. There is even a franchised diet service (Weight Watchers, Inc.) and a franchised system for correcting nocturnal bed-wetting...