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Duane Reade Holdings, Inc. history
Duane Reade Holdings, Inc. company history timeline
Named for its location at the intersection of two streets in lower Manhattan, the first Duane Reade drugstore was opened in 1960 by three brothers: Abraham, Eli, and Jack Cohen.
Security analysts suggested that Duane Reade would have to close some of the 24 stores it had opened since 1992.
By mid-1994 Duane Reade had 46 stores--still all but three in Manhattan&mdash…eraging 6,300 square feet of selling space.
By mid-1995 the number of Duane Reade stores had grown to 58, but Rite Aid, with bigger stores offering more varied merchandise, was closing in on its lead in Manhattan.
Of its 60 stores in early 1997, 54 were in Manhattan.
In a follow-up interview for Chain Drug Review in 1997, Cuti also expressed a goal to turn Duane Reade into a destination shop for cosmetics by stocking more extensive assortments of the major lines and also offering a significant variety of secondary and ethnic lines.
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Duane Reade Holdings, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Fred's | 1947 | $1.3B | 7,324 | 26 |
| Pet Supplies Plus | 1988 | $825.0M | 25 | 709 |
| Smart & Final | 1871 | $4.7B | 7,921 | 714 |
| 99 Cents Only Stores | 1982 | $2.1B | 17,000 | 9 |
| Save A Lot | 1977 | $1.0M | 25 | 296 |
| Ulta Beauty | 1990 | $11.2B | 37,000 | 6,054 |
| Big Y World Class Market | 1936 | $1.7B | 12,000 | - |
| Rouses Markets | 1923 | $300.0M | 1,400 | - |
| Family Fare | 1966 | $14.0M | 75 | - |
| 7-Eleven | 1927 | $5.5B | 138,808 | 1,348 |
Duane Reade Holdings, Inc. history FAQs
Zippia gives an in-depth look into the details of Duane Reade Holdings, Inc., including salaries, political affiliations, employee data, and more, in order to inform job seekers about Duane Reade Holdings, Inc.. The employee data is based on information from people who have self-reported their past or current employments at Duane Reade Holdings, Inc.. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Duane Reade Holdings, Inc.. The data presented on this page does not represent the view of Duane Reade Holdings, Inc. and its employees or that of Zippia.
Duane Reade Holdings, Inc. may also be known as or be related to DUANE READE HOLDINGS INC, Duane Reade Holdings, Duane Reade Holdings Inc and Duane Reade Holdings, Inc.