The Real Deal New York

From the June issue: While it may seem like there’s a Duane Reade on every Manhattan street corner, national chain drugstores, collectively one of the city’s biggest retail tenants, think there’s still new territory to conquer. The largest players in Manhattan — Duane Reade leads with more than 130 locations, followed by Rite Aid with more than 40, CVS with more than 25 and Walgreens with five — are changing course and opening smaller stores to squeeze into new neighborhoods and, sometimes, between their larger existing stores. Brokers said the Lower East Side, West Side and Financial District are underserved by drugstores. To attract more consumers, these retailers will continue to open more “express” stores and expand their food and other non-drug offerings. more By Rachel Deahl