Duane Reade to Debut New Flagship Store at Iconic 40 Wall Street Building

by Nate Hunter

New York City — Duane Reade will open a 22,000-square-foot flagship store on July 6, 2011 at the historic 40 Wall Street building in downtown New York City.


New York City — 40 Wall Street, known as the “Crown Jewel of Wall Street,” once held the title of the tallest building in the world. Now, it is home to a 22,000-square-foot Duane Reade flagship store and one of the drugstore chain’s most innovative locations to date, which is scheduled to open July 6th. The new 24-hour store will have an “up market” focus, from its health care, food and beauty offerings to exclusive services and amenities never before seen in a Duane Reade or any other drugstore.

“This space signifies great historical achievement, where it took workers just 93 days to build the entire steel frame of this 72-story building in 1930. Since then, it has been transformed for the new era, mirroring Duane Reade’s strategic brand repositioning today,” says Joe Magnacca, president of Duane Reade and president of daily living products and solutions for Walgreens, which now owns Duane Reade. 

Founded in 1960, Duane Reade is the largest drug store chain in New York City. The company operates more than 250 stores throughout the metropolitan New York region. Duane Reade is part of the Walgreens family of companies, the nation’s largest drugstore chain with more than 7, 700 stores in all 50 states, the District of Columbia and Puerto Rico.



SOURCE: Duane Reade

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