Apparently the deal is in the works for Wal-Greens to buy up all the Duane Reade stores by summers end. There is little enough competition between these drug store chains as it is now prices will only go higher as a result. I've never cared much for Duane Greed and Walgreens does have competitive prices. However without DG around to match and beat will Walgreens decide to up the ante even further?
Pretty soon the only chains remaining on the Planet will be Walgreens and Wal-Mart. The economy and jobs prospects for the next year or so are dismal enough. Now we will literally have our backs to the wall with these two giants of the "Wal" big box store set to be the only possible retail employers and sources for every day items. Anti-Trust laws seem to have taken a back seat to the powers these giants wield.
Update: Apparently the current Duane Reades are going to remain as Duane Reade stores. I can't imagine that making much sense. How can they even be competitive when they are owned by the same company? That would be like Burger King and McDonalds being on the same block and owned by Wal-Mart. Maybe they are?
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