Protecting Historic Buildings From Chain Drugstores

Date: 1 Oct 2001 | posted in: Retail | 0 Facebooktwitterredditmail

Several years ago the major drugstore chains—CVS, Walgreens, Rite Aid, and Eckerd—lost interest in strip malls and began to focus their expansion plans on prominent downtown intersections. As Walgreens CEO Daniel Jorndt told the New York Times, the chain’s preferred location these days is "the corner of Main and Main." Often, of course, these intersections are occupied by some of the community’s oldest and most significant buildings. … Read More

Independent Pharmacies On The Rebound

Date: 1 Aug 2001 | posted in: Retail | 0 Facebooktwitterredditmail

After more than a decade of decline, independent pharmacies are beginning to make a comeback. Last year, 244 new independent pharmacies opened, according to the National Community Pharmacists Association (NCPA). By comparison, the top three pharmacy chains had a combined increase of 234 stores last year. Walgreens posted a net gain of 344 new stores, CVS was up 35 stores, and Rite Aid had a net loss of 145 stores. The increase in independent pharmacies is a sharp turnaround from the last decade. … Read More