Business Services Industry
Drugstores say yes to New York.
Crain's New York Business, February, 1997 by Temes, Judy
With CVS Corp. agreeing to purchase rival Revco Inc., the drugstore industry in New York is bracing for the next wave of consolidation as chains expand and solidify their grip on the city's $2.1 billion market. With the $5.4 billion Rite Aid Corp. fast on its way to becoming the leader in the city, $4.9 billion CVS is expected to be the next chain to move heavily into the market.
J.C. Penney's is another contender. Its Florida-based Eckerd chain rings the city from upstate New York to the New Jersey suburbs, and many are betting that the chain will make a play for either struggling Duane Reade or Long Island-based Genovese Drug Stores Inc. What will soon emerge, observers say, is a market split between two or three giant national chains, with room for a few small...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express