(AFX UK Focus) 2010-03-09 13:59 UPDATE 2-Duane Reade quarterly net loss widens
March 10th, 2010
(AFX UK Focus) 2010-03-09 13:59 UPDATE 2-Duane Reade quarterly net loss widens
CHICAGO, March 9 (Reuters) – New York area drugstore chain Duane Reade Holdings Inc posted a smaller quarterly operating loss and improved margins, while its net loss widened on charges. The privately held chain issued its fourth-quarter results on Tuesday, just weeks after it agreed to a takeover by U.S. market leader Walgreen Co. Duane Reade is still “cautiously optimistic” about its prospects …
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