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Thrifty Ice Cream Closes 500 Stores Amid Rite Aid Bankruptcy

6/1/2025

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Summary

Story summary

Thrifty Ice Cream will close 500 locations within Rite Aid stores following Rite Aid's second bankruptcy filing.
Rite Aid intends to auction Thrifty's assets, including the El Monte factory, by June 20.
Founded in 1940, Thrifty Ice Cream has been a beloved brand, particularly on the West Coast.
The brand's future remains uncertain as Rite Aid restructures and closes stores.
A typical scoop of Thrifty Ice Cream is priced around $2.50.

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Story summary

Thrifty Ice Cream will close 500 locations within Rite Aid stores following Rite Aid's second bankruptcy filing.
Rite Aid intends to auction Thrifty's assets, including the El Monte factory, by June 20.
Founded in 1940, Thrifty Ice Cream has been a beloved brand, particularly on the West Coast.
The brand's future remains uncertain as Rite Aid restructures and closes stores.
A typical scoop of Thrifty Ice Cream is priced around $2.50.