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Cohen recalls Duane Reade’s emergence

in late 1959 to be precise — Eli Cohen, a 33-year-old entrepreneur with a retailing background that leaned heavily to apparel, opened a 500-foot “cut-rate” store on Broadway, between Duane and Reade streets, in Manhattan. The store mainly sold health and beauty aids, and its appeal, at a time when

Election results create uncertainty for Rx

The Republican tidal wave that swept through the nation’s political landscape earlier this month altered the balance of power in Washington and many state capitols and, in the process, created a greater degree of uncertainty for retail pharmacy operators.

OCuSOFT ships Zytaze supplement

OCuSOFT Inc. has rolled out its Zytaze prescription supplement to retail pharmacies. The company said Thursday that chain drug retailers carrying Zytaze include Walgreens, CVS, Rite Aid, Duane Reade and Walmart.

Namasté enters deal to be acquired by Dabur

Namasté Laboratories, the maker of Organic Root Stimulator, has agreed to be acquired by Dabur India Ltd. Namasté said this week that the deal calls for the company to be acquired through Dabur’s U.S.-based subsidiary Dermoviva Skin Essentials Inc.

Coty plans Lady Gaga fragrance

Coty Inc. has signed up pop music sensation Lady Gaga to develop and market a signature fragrance. Financial terms of the agreement weren’t disclosed. Plans call for the yet-to-be named fragrance line to launch in the spring of 2012.

Chain drug retailers offer Medicare Part D counsel

Chain drug retailers offer Medicare Part D counsel

With the start of open enrollment for Medicare Part D prescription drug plans, pharmacy retailers are again positioning themselves as a destination for senior citizens seeking assistance, particularly regarding changes brought by health care reform. Walgreen Co., Rite Aid Corp.