The family-run drugstore on Main Street has been dying for decades. Now, the big national chain pharmacies—which helped …
Duane Reade
Walgreens Takes Manhattan
The big deal of the day, at least around Curious Capitalist HQ, is Walgreens proposed $1.08 billion buyout of Duane Reade, which is the home town pharmacy chain. It’s another lesson in real estate. Duane Reade was a ratty little downtown cut-price operation until management decided that the key to drug retailing isn’t …
