STORE SPACES

Duane Reade opens second ‘up market’ concept in Manhattan’s Financial District

BY Marianne Wilson

New York — Drugstore retailer Duane Reade, a division of Walgreens, is expanding its Manhattan footprint with a second distinct location in the city’s Financial District. The new, 22,000-sq.-ft. store boasts a number of amenities, and—in a first for a U.S. drug store—also features a museum-quality exhibit that pays tribute to the neighborhood and hallowed grounds of downtown Manhattan.

Located in the historic American Surety building at the corner of Broadway and Pine, the new Duane Reade expands upon the retailer’s “up market” store concept, which includes wide selection of fresh food offerings, with such new options as a gourmet salad bar, a café with a full-time barista and self-serve hot soups.

“The concept-forward store design fits the rich innovative structural history of 100 Broadway while incorporating the best ideas of Duane Reade and Walgreens partnering to create a truly unique store experience,” said Duane Reade senior director of store concepts Michael De Fazio.

Unlike traditional behind-the-counter service, the new concept enhances customer experience as pharmacists are placed out front and now actively engage customers, becoming approachable and available to all patients seeking consultation.

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REAL ESTATE

Dannon Company opens its first restaurant

BY Marianne Wilson

New York — The Dannon Co. on Monday made its first entry into the restaurant business with the opening of The Yogurt Culture Co., in Manhattan.

The restaurant is located at 125 Park Ave., between 41st and 42nd streets. It offers small-batch premium yogurt (as opposed to the company’s pre-packaged product that is sold in grocery stores) and fruit purees and other toppings.

Additional fare includes frozen yogurt, fresh-pressed juices, natural beverages and yogurt-based, fresh-baked pastries. Take-out cases offer sandwiches made with yogurt cheeses and organic meats, and fresh salads made with creamy yogurt dressings.

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STORE SPACES

Ikea goes solar in Houston; installation makes chain largest solar owner in Texas

BY Marianne Wilson

Houston — Ikea on Monday officially plugged-in the solar energy system installed at its store in Houston. The installation, when combined with Ikea solar projects atop stores in Frisco and Round Rock, will make the home furnishings retailer the state’s largest solar owner.

Ikea contracted with REC Solar for the development, design and installation of the Houston store’s customized solar power system. The store’s 116,400-sq-.ft. photovoltaic array consists of a 813-kW system, built with 3,388 panels. The program will produce approximately 1,152,464 kWh of clean electricity annually, the equivalent of reducing 795 tons of carbon dioxide (CO2), eliminating the emissions of 156 cars or powering 99 homes yearly.

Ikea owns and operates each of its solar PV energy systems atop its buildings (as opposed to a solar lease or PPA (power purchase agreement). The Houston installation represents the 19th completed solar energy project for Ikea in the United States, with 20 more installations underway, making the eventual U.S. solar presence of Ikea nearly 89% with a total generation of 38 MW.

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