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Duane Reade Inc. (/ d w eɪ n ˈ r iː d / dwayn REED) is a chain of pharmacy and convenience stores owned by Walgreens Boots Alliance. Its stores are primarily in New York (metropolitan New York City and Nassau, Suffolk, Westchester, Rockland, and Fairfield counties) in addition to in New Jersey .
Walgreens and Duane Reade operate within the Retail Pharmacy USA division of Walgreens Boots Alliance. Both businesses sell prescription and non-prescription drugs, and a range of household items, including personal care and beauty products.
In 2010, Walgreens acquired New York City-area chain Duane Reade for $1.075 billion, including debt, and continued to use the Duane Reade name on some stores in the New York City metropolitan area. [21] In March 2011, Walgreens acquired Drugstore.com for $409 million. [22]
Walgreen (WAG) said Wednesday it will acquire drugstore chain Duane Reade from affiliates of private equity firm Oak Hill Capital Partners in a deal valued at $1.08 billion, which includes ...
You don't have to be a New Yorker to recognize Duane Reade, the city's predominant drug chain. Now, New York's iconic Duane Reade drug stores has fallen into the clutches of a national retailer.
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drugstore.com was an internet retailer in health and beauty care products. Its web operations were launched on February 24, 1999, and shut down on September 30, 2016 [2] after being acquired by Walgreens in March 2011 for $409 million.
Rival firm Celesio, owner of the Lloyds Pharmacy chain, challenged the deal, although were rejected by the Competition Appeal Tribunal. The merger received final approval from the Office of Fair Trading in February 2006 and completed on 1 August 2006, although 96 shops were sold to comply with a condition laid down by the OFT.