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Thrift Drug was a U.S. pharmacy chain founded in 1935 and based in Pittsburgh, Pennsylvania. [ 1 ] The Company was purchased by JCPenney in 1968, and was expanded greatly thereafter, serving as the flagship chain of JCPenney's pharmacy group.
Thrifty PayLess Holdings, Inc. was a pharmacy holding company that owned the Thrifty Drugs and PayLess Drug Stores chains in the western United States. The combined company was formed in April 1994 when Los Angeles–based TCH Corporation, the parent company of Thrifty Corporation and Thrifty Drug Stores, Inc., acquired the Kmart subsidiary PayLess Drug Stores Northwest, Inc. [1] At the time ...
Penney paid $3.3-billion and assumed $760 million in debt to acquire Eckerd, and combined it with its 800-store Thrift Drug chain. [7] Under the agreement, all of JCPenney's Thrift Drug unit of drug stores (comprising Thrift Drug, Kerr Drugs, Fay's Drugs, and some Rite Aid stores) were rebranded to the Eckerd name. JCPenney Catalog Centers were ...
The first White Drug opened in Jamestown, North Dakota, in 1884 by Mr. and Mrs. H.E. White. [2] There were 38 White Drug Stores when it merged with Thrifty Drug in 1985. Thrifty Drug was founded in Brainerd, Minnesota, in 1957 by Douglas Stark, Jack Lindoo, and Edward Olsen. White Drug and Thrifty Drug merged in 1985 to form Thrifty White ...
Snyder Drug Stores – acquired by Walgreens in 2010; Standard Drug Company – was part of Melville Corporation; SupeRx – Kroger created the first SupeRx store in 1961 with most stores next door or very close to existing Kroger stores [75] [76] Thrift Drug – merged into Eckerd after J.C. Penney bought Eckerd
Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [1] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center.
The United States Department of Justice filed an anti-trust lawsuit against Sav-On's rival Thrifty Drug Stores in Federal Court in August 1962 to force Thrift to divest itself of its 28.75% stock it owns in Sav-On Drugs, Inc. [12] In December 1964, Thrifty Drug Stores sold its almost 30% stake in its rival Sav-On back to Sav-On that it had ...
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