News

With pharmacy chain Rite Aid already closing hundreds of stores as part of its bankruptcy, the future of Thrifty Ice Cream is ...
In 1996, the Rite Aid pharmacy chain bought Thrifty PayLess, the then-owner of the Thrifty pharmacy store and Thrifty ice cream, for $2.3 billion. After the acquisition, Rite Aid operated over 500 ...
After 85 years as a West Coast frozen dessert mainstay, Thrifty Ice Cream’s future has become uncertain amid drug store Rite Aid filing for Chapter 11 bankruptcy earlier this month. That plan includes ...
Salem's remaining two Rite Aid stores in south Salem and on Lancaster Drive are set to close amid the national chain's bankruptcy proceedings. Officials filed notice that the location at 4500 ...
which acquired the brand in 1996 through its purchase of the Thrifty PayLess drugstore chain. Now, amid Rite Aid's ongoing Chapter 11 bankruptcy proceedings, the brand—along with its ...
Many of us remember them as Thrifty Payless, once a 1,000-store chain in California. Now all that's left of the name is on the ice cream cartons still for sale at your local Rite Aid — at least ...
In 1996, Rite Aid spent $1.6 billion to buy Thrifty Payless, a 1,000-store West Coast chain. In 2007, Rite Aid paid $3.4 billion to acquire more than 1,800 Eckerd and Brooks stores, according to ...
Thrifty Payless: Merged and sold to Rite Aid in the 1990s, netting a gain of $420 million. Activision Blizzard: Early investment in the world’s largest independent gaming company, known for its ...