Content about Deerfield, Illinois

DEERFIELD, Ill. — Walgreens will sell its six-building office campus, where it will remain a tenant, for $85 million, according to a report published Tuesday by Chicago Real Estate Daily. 

According to the report, Walgreens hired Jones Lang LaSalle to sell the 38-acre campus, which it would lease back for 10 years.

DEERFIELD, Ill. — The board of directors of Walgreens on Thursday declared a regular quarterly dividend of 27.5 cents per share, a 22.2% increase over the year ago dividend. The dividend is payable March 12, 2013, to shareholders of record Feb. 15, 2013.

Walgreens has paid a dividend in 321 straight quarters (more than 80 years) and has raised its dividend for 37 consecutive years. Over the last five years, Walgreens annual dividend rate has increased from 38 cents per share to $1.10 per share, resulting in a compound annual growth rate of nearly 24%.

DEERFIELD, Ill. — Walgreens Wednesday morning reported November sales of $5.9 billion, a decrease of 3.9% versus the same period last year. Total front-end sales decreased 0.3% compared with the same month in fiscal 2012, while comparable store front-end sales were down 1.7%. Customer traffic in comparable stores was down 4.9% while basket size increased 3.2%.

However, registrations for Walgreens Balance Rewards loyalty program, which launched in September, totaled more than 38 million through November, denoting a strong start for the program. 

DEERFIELD, Ill. — Walgreens and the American Red Cross on Thursday announced that more than $4 million was raised by Walgreens and Duane Reade customers nationwide for the American Red Cross Disaster Relief Fund since Nov. 5. 

“Hurricane Sandy resulted in so many people with needs," stated Mark Wagner, Walgreens president of operations and community management. "We’re very proud of the support Walgreens and Duane Reade customers showed and how that support will help those in need work through the many hardships they face."

DEERFIELD, Ill. — Walgreens on Wednesday pledged $250,000 to the American Red Cross Disaster Relief Fund to supplement the organization's support of East Coast communities recovering from Hurricane Sandy.

The company also is donating three semitrailer truckloads of bottled water to a Red Cross facility in New Brunswick, N.J., to distribute throughout the disaster area. Walgreens stores in the region also are donating merchandise in response to community requests that have come in since the storm’s impact.

DEERFIELD, Ill. — Nearly one year after launching an initiative to help create more job opportunities for people with disabilities in Connecticut, 62 participants have completed training under the Walgreens Retail Employees with Disabilities Initiative program, the retailer announced on Wednesday.

CHICAGO — Over the next three years, Walgreens plans to create 500 new jobs in the Chicago area and invest $75 million to expand and renovate its Deerfield, Ill., offices in a deal that will cede Walgreens $47 million in state tax credits for retaining 1,500 existing jobs, according to an early morning report published by the Chicago Sun-Times on Friday.

DEERFIELD, Ill. — Fast Company has called out Walgreens as one of the world's most innovative companies in the magazine's "Fast 50" issue.

The publication named Walgreens one of the healthcare industry's most innovative companies for the second time in three years, due to its leadership and healthcare services, including the chain's Well Experience format, addressing the need for greater access to healthy foods in underserved communities, as well as plans to become the nation's leading retail host of electric vehicle charging stations.

DEERFIELD, Ill. — Walgreens is showcasing some of its newest healthcare innovations at the TEDMED conference in San Diego, the retail pharmacy chain said Wednesday.

Attendees of the TEDMED conference, which began Tuesday and lasts until Friday, will be able to take iPad video tours of Walgreens' new store format, which it has launched as a pilot program at about 20 of its stores in the Chicago area, as well as in Indianapolis.

DEERFIELD, Ill. — Walgreens is continuing its Community Corner Initiative by showcasing products manufactured by African-American suppliers, in line with Black History Month.