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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 ...
In June 2007, a 109-year-old retail legacy came to an end. Rite-Aid Corporation completed its acquisition of Eckerd Pharmacy by purchasing Jean Coutu USA for $2.3 billion in cash plus $1 billion ...
Here is a list of the 154 Rite Aid pharmacy closures in California, Connecticut, Delaware, Idaho, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania ...
The Wellness+ card is Rite Aid's free shopping rewards card that started nationwide on April 18, 2010. It became a part of the newly launched American Express-backed Plenti rewards program in May 2015, but the Plenti program was discontinued three years later. Rite Aid introduced Wellness+ BonusCash on January 1, 2018.
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[16] [17] A sixth Seattle store in Lower Queen Anne, the chain's only 24-hour pharmacy in the city, closed in September 2023. [18] On October 15, 2023, amid several opioid lawsuits and legal battles, Rite Aid filed a petition under Chapter 11 of the United States Bankruptcy Code in the United States District Court for the District of New Jersey ...
The company runs more than 2,000 stores, mostly on the East and West coasts, and plans to shutter 400 to […] The post Rite Aid’s bankruptcy plan stirs worries of new ‘pharmacy deserts ...
On August 23, 2006, The Wall Street Journal announced that Rite Aid would acquire 1,858 Eckerd Pharmacy and Brooks Pharmacy stores from Jean Coutu for US$3.4 billion (~$4.94 billion in 2023). The deal closed on June 4, 2007. Rite Aid announced that the two chains would be converted to the Rite Aid name, retiring the 109-year-old Eckerd banner.