Not to be confused with Thrift Drug or Payless ShoeSource.
"Pay Less Drug Store" redirects here. For other stores, see Pay Less (disambiguation).
For other uses, see Thrifty (disambiguation).
Thrifty PayLess Holdings, Inc.
Company type
holding company
Industry
Retail/Pharmacy
Predecessor
(merger of) PayLess Drug Stores (and) Thrifty Corporation
Founded
April 1994; 30 years ago (1994-04) (as Thrifty PayLess Holdings, Inc.) Los Angeles, California, U.S.
Defunct
October 15, 1996; 27 years ago (1996-10-15) (as Thrifty PayLess Holdings, Inc.) Los Angeles, California, U.S.
Fate
Acquired by Rite Aid
Successors
Rite Aid
Number of locations
1,000+
Area served
California, Oregon, Washington, and Idaho
Services
Pharmacy, Liquor, Cosmetics, Health and Beauty Aids, General Merchandise, Snacks, 1-Hour Photo
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 of the merger, TCH Corporation was renamed Thrifty PayLess Holdings, Inc. and Thrifty operated 495 stores, PayLess operated 543 stores.
In 1996, Rite Aid acquired 1,000 West Coast stores from Thrifty PayLess Holdings, creating a chain with over 3,500 drug stores.[2]
In 2023, Rite Aid filed for Chapter 11 bankruptcy.[3] Despite Thrifty PayLess shutting down 27 years prior to Rite Aid's bankruptcy filing, Thrifty PayLess was still listed in the filing.[4]
^White, George (December 3, 1993). "Kmart to Sell Payless Chain to THC Corp.: Merger: With $1-billion deal, Thrifty's parent firm will become the nation's second-largest drugstore retailer". Los Angeles Times.
^White, George (October 15, 1996). "Rite Aid to Buy Thrifty Chain for $2.3 Billion: Retailing: More than 3,500 drugstores in 26 states would be created under the deal, the latest in the industry's consolidation trend". Los Angeles Times.
^"Rite Aid files for bankruptcy". CNN. October 15, 2023. Retrieved October 16, 2023.
^"Thrifty PayLess, Inc. Files For Bankruptcy". BKData. October 15, 2023. Retrieved October 16, 2023.
to Rite Aid's bankruptcy filing, ThriftyPayLess was still listed in the filing. In 1932, L.J. Skaggs opened Payless Drug Stores in Tacoma, Washington...
thrifty in Wiktionary, the free dictionary. Thrifty may refer to: Thrifty Foods, a Canadian supermarket chain Thrifty Drug Stores and ThriftyPayLess...
further. In 1996, Rite Aid acquired ThriftyPayLess, a 1,000-store West Coast chain. The acquisition of ThriftyPayLess included the Northwest-based Bi-Mart...
including the stores owned by Albertson's, American Stores, Kmart, ThriftyPayLess, and Warehouse Markets, Inc. These retail store route operations provided...
2008; remaining closed in 2011 Fay's Drug G. O. Guy – acquired by ThriftyPayLess Genovese Drug Stores Gray Drug – purchased by Rite Aid Haag Drug Company...
retained California PayLess Stores, which became part of ThriftyPayLess, and which are now owned by Rite Aid. The remaining Pay-Less stores were renamed...
the company upon his father's death in 1964. Under his leadership, the Thrifty Acres stores became a success and were renamed Meijer in 1986. Meijer's...
The Thrifty Pig (aka Thrifty Pig and Walt Disney's The Thrifty Pig) is a four-minute educational short animated film made by Walt Disney Studios for the...
Lancaster Mall began in 1968 when ThriftyPayLess built a small enclosed mall in Salem, Oregon, featuring a PayLess drug store and Albertsons supermarket...
by and converted to CVS in 2006) Pay 'n Save (acquired by Thirfty Corp. in 1988, rebranded as PayLess Drug) PayLess Drug Stores (purchased by Rite Aid...
location. In January 1999, Trammell Crow Co. bought the 77 acres (31 ha) ThriftyPayless Inc. headquarters for $25.5 million and then broke the compound into...
Allen Rosenberg opens Arizona’s first self-service drug store called ThriftyPayless Drugs selling it eight years later (1942) to the L.L. Skaggs chain...
California–based independent Thrifty Oil group of 250 stations found throughout California after a damaging price war which the independent Thrifty was unable to win...
brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental. It is one of the three big rental car holding companies in...
customers. All revenue from Thrifty Shopper store sales will provide food, shelter, and clothing to people who needed. Every Thrifty Shopper accepts clothing...
National Car Rental (1947), Europcar (1949), Enterprise Rent-A-Car (1957), Thrifty Rent A Car (1958), and Budget Rent a Car (1958).[citation needed] Car rental...
previously operated as PayLess Drug and Skaggs, had been located in downtown Spokane since 1942. The space was quickly replaced by Thrifty Drug in November...
a former president of Chrysler's car rental unit and a former owner of Thrifty Rent A Car, a competitor of National. It was later sold in 1995 at an estimated...
Desmond's operated a 7,000-square-foot store from 1980 through 1986. Thrifty White began closing its White Mart operations in the late 1980s; the store...
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