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Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [10] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with over 2,000 stores, and ranked No. 148 in the Fortune 500 in 2022.
Lane Drug Company. The Lane Drug Company of Ohio (also referred to as "Lane’s Discount Drugs", or "Lane's), was a discount drugstore chain in the United States that was originally based in Toledo, Ohio. On 10 April 1989, the chain was acquired by Rite Aid Corporation of Harrisburg, Pennsylvania, and currently operates as a division of Rite Aid.
Ohio Valley Mall is a one-story enclosed shopping mall in Richland Township, outside St. Clairsville, Ohio. It was opened in 1978 and was developed by the Youngstown, Ohio -based Cafaro Company, which continues to own and manage it. The mall currently has four open anchor stores which are Boscov's, Dunham's Sports, Marshalls, and Michaels.
Rite Aid is in much worse financial shape than its competitors. Over the past six years, Rite Aid has tallied nearly $3 billion in losses and its stock is down more than 90% for the year.
Rite Aid's bankruptcy plan, revised on Thursday, would cut $2 billion in debt and provide $47.5 million to junior creditors, including individuals and local governments who have sued the company ...
Gray Drug was an American drugstore chain in Cleveland, Ohio. The chain began in 1912 [2] and grew to 46 stores by 1946 and over 100 by the 1970s. [3] [4] Besides Ohio, stores later opened in Florida and Maryland. [5] The chain later acquired Alexandria, Virginia -based Drug Fair in 1981, shortly before Sherwin-Williams bought the chain.
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