Sick economy, healthy business: Despite recession, number of drugstores in Capital Region keeps growing
(Times Union (Albany, NY) Via Acquire Media NewsEdge) Dec. 3--COLONIE -- You're standing at Osborne and Albany Shaker roads, in tony Loudonville.To the southwest is a Rite Aid drugstore. To the northeast is another Rite Aid. And to the northwest is the corner where Walgreen Co. has been buying land, including a $2 million purchase in October.One intersection. Two existing drugstores. One planned drugstore.Overkill? Perhaps.But the intersection is not unique. You'll come across similar corners in much of the Capital Region, following the drugstore building boom of recent years.
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