Tag Archives: Duane Reade

Reuters reports: Some employees at CVS Health Corp and Walgreens Boots Alliance’s U.S. pharmacies launched a three-day walkout starting Monday to get the companies to improve working conditions and recruit more people, among other issues. The walkout, which the organizers have dubbed “Pharmageddon”, is the third strike by pharmacists in a little over one month. Shane Jerominski, one of the …

Today Walgreens will announce its purchase of Duane Reade, the massive NYC-based drugstore chain with hundreds of outlets in the five boroughs. Walgreen, one of the nation’s biggest drugstore operators, said it would pay about $623 million for Duane Reade Holdings Inc. Including $457 million in debt held by Duane Reade, the transaction is valued at $1.08 billion. Duane Reade, …