Drugstore chain eyes 18th Avenue intersection.Byline: Edward Russo The Register-Guard After a long search, Walgreen Co., the nation's largest drugstore chain, may have found a spot to do business in Eugene. A Seattle-area developer has submitted initial paperwork with city planners to build a Walgreens on the southwest corner of 18th Avenue and Chambers Street Chambers Street is a street in Edinburgh, Scotland, at south of the Old Town. The street is named after William Chambers of Glenormiston, the Lord Provost of Edinburgh who was the main proponent of the 1867 Edinburgh Improvement Act, which gave permission for the street's in southwest Eugene. To make way for the 14,438-square-feet store and parking lot, a closed gas station and the buildings that house Jamie's Great Hamburgers and Jamocha's Espresso Cafe would be razed raze also rase tr.v. razed also rased, raz·ing also ras·ing, raz·es also ras·es 1. To level to the ground; demolish. See Synonyms at ruin. 2. To scrape or shave off. 3. . Two buildings owned by Rainbow Optics owner Richard Greene - an insurance office and a veterinary clinic - apparently would have to be taken down, too. Greene could not be reached for comment Wednesday. A move into the area by Deerfield, Ill.-based Walgreen Co. could hurt stores that rely on pharmacy sales as a key revenue. Locally, a Walgreens would compete against such chains as Rite Aid Rite Aid (NYSE: RAD) is a United States retailer and pharmacy chain, operating over 5,000 stores in 31 states and the District of Columbia. Rite Aid Corporation is one of the nation's leading drugstore chains. and Bi-Mart, a host of grocery stores with pharmacies, and small, independent drug stores. Sixty percent of Walgreen Co.'s sales come from its pharmacies, said spokesperson Carol Hively. At busy 18th Avenue and Chambers Street, a Walgreens would compete directly with Bi-Mart and Albertsons. Hively said she is not aware of plans by Walgreen Co. to open a store in Eugene, but said the company's formula is to open drugstores on busy intersections. "We are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a corner on a major intersection, predominantly an afternoon commute TO COMMUTE. To substitute one punishment in the place of another. For example, if a man be sentenced to be hung, the executive may, in some states, commute his punishment to that of imprisonment. route because people call in prescriptions and pick them up on the way home," she said. Representatives of Powell Development Corp. in Kirkland, Wash., will meet with city planners on April 9 to discuss city requirements. Among other things, the developer wants to know if city officials will relax building rules related to the structure's facade, and approve a zone change for a small part of the 1.13 acre site to allow a drive-through pharmacy. The project is far from certain, said Peter Thomas Peter Thomas may refer to:
"This is just a hypothetical that we are going in with," said Thomas, president of Develop Co. Inc. The property owners "have not given their blessing to it." Walgreen Co. has looked for store sites in Eugene-Springfield since at least 2000. With 3,998 drugstores in 43 states and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , Walgreens had $28.7 billion in sales and a profit of $1 billion in its last fiscal year, ended Aug. 31. It opened its first Oregon store in Portland seven years ago, and now has 25 outlets in the state. Most are in the Portland area, though two are as far south as Salem. Nationally, intense competition and a slow economy have forced many retailers to close, but Walgreen Co. has found a way to expand. By combining pharmacies with what are essentially convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. plus services such as photo processing, Walgreen Co. has capitalized on aging baby boomers See generation X. who buy prescription drugs prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, . "We are getting drugstores in place to meet current demand, and what we project the demand for prescription drugs will be," said Hively, the Walgreen Co. spokeswoman. The company opens at least one new store every day, she added. |
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