Duane Reade Inc. | Company profile from Hoover's
 
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Duane Reade Inc. · New York, NY United States

Company Description

440 9th Ave.
New York, NY
10001
United States (Map)
Phone: 212-273-5700
Fax: 212-244-6527
    More Companies in: New York, New York
    More Companies in These Related Industries: Pharmacies
    View Duane Reade Inc. Locations On A US MapThis link will open in a new window
    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's owner, Oak Hill Capital Partners, has agreed to sell the chain to WalgreenTo read the full description, subscribe now.
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    Key Duane Reade Inc. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    2008 Employees6,800

    Duane Reade Inc. Executives

    30 executives listed for Duane Reade Inc.'s New York, NY location.
    TitleName & BioContact
    Chairman and CEOJohn LedererEmail
    SVP and CFOJohn HenryEmail
    VP and CIOMarc SafferEmail

    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.
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