Duane Reade takes its name from the Company's first successful full-service drugstore, which opened in 1960 on Broadway between Duane and Reade Streets in Manhattan. Since then, Duane Reade has grown to become the most recognized drugstore chain in metropolitan New York. Today, the Company operates over 230 stores in commercial and residential neighborhoods throughout New York.
Duane Reade's conveniently located stores carry an extensive assortment of items, including those from the pharmacy as well as vitamins, nutritional products, cosmetics, greeting cards and photo processing.
The company has ranked as the fastest-growing drugstore chain in the industry, and is number one in sales per square foot. Duane Reade completed its initial public offering of common stock on February 10, 1998.