Judge Sanctions Firm That Sued Adversary in Sexual Discrimination Suit Nov 5, 2009
The acrimonious dispute began in December 2008 when Abrams' husband, Russell, the president of hedge fund Titan Capital, allegedly asked his administrative assistant Danielle Pecile to take two compact discs of photos to Duane Reade for development. When Pecile handed back the photographs, some of which depicted Ms. Abrams posing topless on her honeymoon in the Mediterranean and the couple in a bathtub, she claims Mr. Abrams "smirked callously, taking pleasure in my obvious embarrassment and... (Law.com)
Firms pay $60K fines Oct 23, 2009
Four of the reports involved the Duane Reade drug store chain. Another report involved the New York State Laborers Political Action Committee, and one involved Delaware North Cos. (Albany Times Union)
New Yorkers Help Duane Reade Increase Support of the 19th Annual Komen New York City Race For The Cure(R) Sep 12, 2009
NEW YORK, Sept. 11 /PRNewswire/ -- Duane Reade Holdings Inc., the largest drug store in metropolitan New York, today announced that, as the Local Presenting Sponsor of the 2009 Komen New York City Race For The Cure, the Company, its customers and its foundation, The Duane Reade Charitable Foundation, have raised $330,000 to increase awareness of breast cancer and to assist in the effort to find a cure. This marks the third year that Duane Reade has proudly sponsored this momentous event, with... (PR Newswire)
Duane Reade Owner In Debt Squeeze Aug 6, 2009
As the private-equity owners of drugstore chain Duane Reade shell out millions to fight its own version of the New York City drug wars, some are wondering whether the investment is a case of good money going after bad. Private-equity firm Oak Hill Capital Partners last week injected 125 million into Duane Reade as part of a refinancing that kept it from defaulting on its debt ... As part of that effort, Duane Reade has begun remodeling stores to incorporate lower shelving, wider aisles and more... (New York Post -- Business)
Click to read: Shop Around for Prescription Savings Aug 5, 2009
And in New York, the asthma drug Advair was quoted at $322, while at Duane Reade, the drug costs more than a hundred dollars less at $209. Laurie Reiley, vice president of Public Policy for Pharmaceutical Research and Manufacturers of America (PHRMA), a representative of the pharmaceutical industry, said shopping around is very important. (CBS News -- Early Show)
Duane Reade Holdings, Inc. Announces Pricing of Offering of 11.75% Senior Secured Notes Due 2015 Aug 1, 2009
Duane Reade Holdings, Inc. Announces Pricing of Offering of 11 ... Duane Reade Holdings, Inc. Announces Pricing of Offering of 11 ... NEW YORK, July 31 /PRNewswire/ -- Duane Reade Holdings, Inc. announced today that its wholly-owned subsidiaries, Duane Reade Inc. and Duane Reade (collectively, the "Issuers"), had priced their offering of $300,000,000 aggregate principal amount of Senior Secured Notes due August 1, 2015 (the "Notes"). (PR Newswire)
Duane Rea00004000de Saved By $125m Injection Aug 1, 2009
DUANE READE SAVED BY 125M INJECTION - New York Post ... DUANE READE SAVED BY 125M INJECTION ... Private-equity firm Oak Hill Capital Partners yesterday said it injected 125 million into drug-store chain Duane Reade as part of a debt refinancing that pushes back principal payments until 2015 and eliminates debt covenants. (New York Post -- Business)
Duane Reade Holdings, Inc. Announces Cash Tender Offers for Senior Secured Floating Rate Notes and Senior Subordinated Notes and Solicitation of Consents to Related Indentures Jul 9, 2009
NEW YORK, July 8 /PRNewswire/ -- Duane Reade Holdings, Inc. announced today that its wholly-owned subsidiaries, Duane Reade Inc. and Duane Reade (collectively, the "Issuers"), are commencing fixed price offers to purchase for cash (i) any and all of the Issuers' $210 million outstanding aggregate principal amount of their Senior Secured Floating Rate Notes due 2010 (the "Floating Rate Notes") (the "FRN Offer") and (ii) any and all of the Issuers' $195 million outstanding aggregate principal... (PR Newswire)
Wear No Nonsense With Pride: 94% of No nonsense Products Made in USA! Jul 4, 2009
No nonsense products are available nationally at everyone's favorite local food, drug and mass stores, including major chains, such as: Duane Reade, Walgreens, Wal-Mart, K-Mart, Rite-Aid, Kroger, Harris Teeter, amongst others. NO NONSENSE PHILOSOPHY. (PR Newswire)
The Almighty Dollar (Store) Jun 16, 2009
It brought in a new CEO, Rick Dreiling, who had previously run the Duane Reade drugstore chain. Along with several new executives and KKR's in-house retailing experts, Dreiling focused on the basics of retailing. (Slate)
Today(R) Sponge Returns to Store Shelves May 12, 2009
Available soon in more than 13,000 drug stores across the country and on-line, the Today Sponge will be carried in 6,500 CVS/Longs drug stores in May and in 6,700 Walgreens and 200 Duane Reade locations in June. Originally introduced in 1983, the Today Sponge affords the freedom and flexibility of 24 hour contraceptive protection, and offers a safe, effective, hormone-free birth control alternative for millions of American women. (PR Newswire)
Stores see shelves empty of sanitizers, face masks May 2, 2009
Four New York drugstore locations, including CVS, Rite Aid and Duane Reade, were sold out of face masks Friday morning. But they said they expected new shipments later in the day or over the weekend. (Chippewa Falls Chippewa Herald, WI)
Swine flu fears alter some daily routines Apr 30, 2009
"They're gone. Everybody's flipping out about swine flu," a pharmacist at Duane Reade on the Upper West Side called out apologetically Tuesday evening to a customer searching an empty shelf. Some, like Nancy Friedman, a Manhattan mother of two, were trying to be philosophical about the threat and changing little if anything - for now. (Anchorage Daily News)
Pharmacies plan to translate drug instructions Apr 28, 2009
The companies are Target, Wal-Mart, Costco, Duane Reade and A&P. The agreements will also require the companies to provide oral assistance in more than 150 languages. The companies, which together have 700 stores in New York state, agreed with state Attorney General Andrew Cuomo to counsel and provide written translations in Spanish, Chinese, Italian, Russian and French. (Yahoo News -- Pharmaceutical Industry News)
LUXE FURNITURE SHOP EYES CLOSE Apr 8, 2009
A competing broker, however, thinks the space is too big for a normal retailer and will end up in the health and beauty arena -- in other words, another drugstore even though there's a Duane Reade across the street. Stay tuned. (New York Post -- Business)
Economic dirty bombgoes off in New York Mar 26, 2009
Along the 10 blocks closest to my home, the banks (with one exception), the fast-food restaurants (Subway, Dunkin' Donuts, Blimpie), and above all the chain drugstores that crowd onto successive blocks (Rite Aid, Walgreens, Duane Reade) still stand. It's the small places that seem to be dropping like flies. (Asia Times Online)
