DEERFIELD, Ill. — Drug store giant Walgreen Co. said last week it has agreed to buy Duane Reade, the iconic New York City banner, for $1.075 billion, including assumption of about $457 million in debt. Walgreens said it plans to retain the name on the stores and continue the banner's current remodeling efforts, and it hopes to bolster efficiencies and strengthen the chain's pharmacy and health and wellness operations. Andrew Wolf, a Richmond, Va.-based analyst with BB&T Capital ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.