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Duane Reade, Manhattan

BY CSA STAFF

With its array of in-store services, expanded food offerings and unexpected amenities, the new Duane Reade flagship in downtown Manhattan, pushes the envelope of drugstore retailing — and it does so with a style and ambience that sets it apart from the competition.

The 22, 000 sq. ft. store is located in the Trump Building at 40 Wall Street, once the tallest building in the world, in a cavernous space that was formerly home to a bank. With its vaulted ceilings and marble columns, the refashioned interior combines the building’s historic architecture with decidedly contemporary elements, starting with a high-tech holographic “virtual” greeter that welcomes customers. In a nod to its location, there is also a NYSE ticker. The interior was designed by CBX, New York.

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L.Jandayan says:
Mar-07-2013 11:06 am

Arts as a business is such an expensive one on the part of the consumers. Drugstores are also a in demand business due to the fact that a lot of people in this new generation has already a lot of serious problems at an earlier age. - J. Kale Flagg

L.Jandayan says:
Mar-07-2013 11:06 am

Arts as a business is such an expensive one on the part of the consumers. Drugstores are also a in demand business due to the fact that a lot of people in this new generation has already a lot of serious problems at an earlier age. - J. Kale Flagg

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Smart Balance adds two directors to board

BY CSA STAFF

PARAMUS, N.J. — Smart Balance announced that its board of directors has appointed Dean Hollis and Thomas McInerney as independent directors, expanding its members from eight to 10.

Currently, Hollis is a senior advisor for Oaktree Capital Management, an $85 billion investment firm. In addition, he oversees several privately held investments and serves on several boards, including Advance Pierre Foods, Landec Corporation, Earth Analytics Group, and Adams Land and Cattle Company.

Until 2008, Hollis was with ConAgra Foods, where for 21 years he held many executive-level positions, including president and COO consumer foods and international.Prior to joining ConAgra Foods, Hollis was with the TreeSweet Companies, holding management positions in both sales and marketing. He began his career in the consumer products division of Georgia-Pacific, where he spent four years advancing through a variety of sales management positions.

Since 1996, McInerney has been a Managing Partner of Lindsey & Company, an executive search firm. Previously, he was VP and general manager of the largest division of Tropicana Dole North America. McInerney was also the Executive Vice President of Marketing for the House of Seagram, the U.S. spirits affiliate of Joseph E. Seagram and Sons, Inc. McInerney was employed by the Seagram Corporation for 20 years. He began his career with National Distillers and Chemical Corporation where he held a number of sales, market research and product management assignments.

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Ross shows discounter dominance with 1,000th Dress for Less store

BY CSA STAFF

PLEASANTON, Calif.— Ross Stores will celebrate on July 16 the opening of its 1,000th Dress for Less store in North Pleasant Hill, Calif.

Ross Stores’ announcement of its 1,000th Dress for Less store follows strong monthly and quarterly sales and earnings, as the company continues to thrive in the down economy.

For the four weeks ended May 28, the company’s total sales increased 8% to $661 million, and comparable-store sales for the month grew 4%. During the company’s first quarter, net earnings were up 22% to $173 million, sales increased 7% to $2.1 billion, and comparable-store sales were up 3%.

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