Duane Reade Inc. · New York, NY United States
Company Description
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Duane Reade is the Big Apple of drugstores. Named after the two streets where its first store was located, the company is the market leader in densely-populated Manhattan. In all, the firm operates about 240 stores in New York and about a dozen in New Jersey. About 60% of the stores are in high-traffic Manhattan (giving the firm more sales per square foot than any other US drugstore chain). Duane Reade's stores vary greatly in size (500 to 12,700 sq. ft.). The company sells prescription drugs, but more than 50% of sales come from items such as over-the-counter medications, food and beverages, and health and beauty aids. Duane Reade is owned by the private equity group Oak Hill Capital Partners . To read the full description, subscribe now.
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Key Duane Reade Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $1,686.8 |
| 2007 Employees | 6,700 |
Duane Reade Inc. Executives
21 executives listed for Duane Reade Inc.'s New York, NY location.
| Title | Name & Bio | Contact |
| Chairman and CEO | John Lederer | Network |
| SVP and CFO | John Henry | Network |
| VP and CIO | Marc Saffer | Network |
Competition
Competitive Landscape for Duane Reade Inc.
Demand is driven by the aging of the US population and advances in medical treatment. The profitability of individual companies depends on access to medical insurance groups. Large companies have economies of scale in purchasing and in access to large groups of customers. Small companies can compete effectively through convenient location or special merchandising. To read the full description, subscribe now.Top Duane Reade Inc. Competitors
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