US EditionPopular Ice Cream Chain Closing Hundreds of Locations
- In early May 2025, Rite Aid entered bankruptcy protection once more and intends to close or sell all of its 1,245 stores spread across 15 states, including significant operations in California, New York, and Pennsylvania.
- This second bankruptcy filing follows a previous one in October 2023, after which Rite Aid shrank in size and began selling assets while maintaining some stores open temporarily.
- Hundreds of Rite Aid locations feature Thrifty Ice Cream counters, a brand purchased by Rite Aid in 1996 that originated in 1940 from a small West Hollywood factory and was sold exclusively at the former Thrifty Drug Store chain.
- Each scoop of Thrifty Ice Cream costs around $2.50, making it a popular inexpensive dessert, but Rite Aid has provided little information about the brand since filing for bankruptcy and the Thrifty website store locator has gone inactive.
- The deadline to bid on Rite Aid's assets including any potential sale of the Thrifty brand is June 18, 2025, after which the new owner will decide the fate of Thrifty counters, whose future presence or revival remains uncertain.
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16 Articles
16 Articles
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4
Center
8
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Coverage Details
Total News Sources16
Leaning Left4Leaning Right0Center8Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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