Duane Reade Inc.
Overview
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.
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for Duane Reade Inc.
| Company Type | Private |
|---|---|
| Fiscal Year-End | December |
| 2007 Sales (mil.) | £844.6 |
| 1-Year Sales Growth | 6.4% |
| 2007 Net Income (mil.) | (£44.0) |
| 2007 Employees | 6,700 |
| 1-Year Employee Growth | 9.8% |
Key People from Hoover's UK
Key people and executives for Duane Reade Inc.
| Chairman and CEO | John A. Lederer (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| SVP and CFO | John K. Henry Connect to this executive |
| VP and CIO | Marc Saffer Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Duane Reade Inc.
There are 6 competitors for Duane Reade; see more.Significant Developments
View company events at Duane Reade Inc. such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| Top Executive Change | Subscribers get full details -- view a sample |
| Top Executive Change | |
| Top Executive Change |
Industry Information from Hoover's UK
First Research Industry Profiles Extensive Industry Intelligence
Hoover's Industries
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Retail
- Drug Stores & Pharmacies(primary)
