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The company said Las Vegas was a non-core market that had not been contributing to overall results, and it had not opened a new store there since 1999. One Nevada store would remain open in Gardnerville, near the California border, where Rite Aid at the time had more than 600 stores. [33] Map of Rite Aid stores as of September 2015
In 1998, Longs acquired 20 Drug Emporium stores from Western Drug Distributors, Inc. 18 of the stores were located in western Washington and two in the Portland, Oregon. Rite Aid sold Longs 32 stores located in California for $150 million (~$258 million in 2023) in October 1999, which itself were former PayLess Drug locations since 1998.
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 ...
Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed more than 100 stores nationwide as part of its restructuring efforts. ... The states include California (17 ...
Rite Aid is closing another roughly 30 locations across the US in addition to the 100 ... including seven in California, four in Pennsylvania, three locations each in Ohio, Virginia and Washington ...
As part of the Chapter 11 bankruptcy process, the company confirmed it would be closing “underperforming” stores, including 31 in California. Rite Aid locations closing in Sacramento .
Some stores were sold to his brother Samuel "L.S." Olnie Skaggs (then an executive at Safeway) along with some colleagues. L.J. Skaggs retained California Pay Less Stores, which became part of Thrifty PayLess, and which are now owned by Rite Aid. The remaining Pay-Less stores were renamed Skaggs Drug Stores in 1948, Skaggs Drug Centers in 1965.
As Rite Aid restructures its debt in Chapter 11 bankruptcy, it will close 154 locations in 15 states, including 31 in California. Rite Aid to close 31 California stores in bankruptcy, pulling out ...