With their new 'general store' concept, drugstore chains are expanding rapidly in inner-city communities.
Much of the attention surrounding the return of chain retailer to the inner city has focused on supermarket chains that are returning after decades of investment in the suburbs. A few other national retailers, such as the Body Shop and Ben & Jerrys Ice Cream, also have gained notice for a small number of new outlets in high-profile, low-income locations. However, the real workhorses of low-income urban communities have been and continue to be the major drugstore chains, which were locating in underprivileged communities long before the onset of the recent trend. (ULI membership is required to read the full-text of this article.)
Thanks to Urban Land Magazine
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