Rite Aid Bankruptcy Closes 500 Thrifty Ice Cream Locations Nationwide

Thrifty Ice Cream, a beloved regional brand known for its unique square-shaped scoops and innovative flavors, is facing the closure of over 500 locations due to Rite Aid's Chapter 11 bankruptcy filing. Established in 1940 and historically sold inside Rite Aid pharmacies, the ice cream chain has built a devoted following and cultural significance, particularly along the West Coast. While the in-store Thrifty counters will shut down as part of Rite Aid's restructuring, the brand still exists in grocery store freezer aisles and some standalone franchises, with the possibility of a buyer acquiring and continuing the brand independently. The closure highlights the broader impact of corporate bankruptcies on subsidiary brands, often resulting in collateral damage for otherwise successful products. Despite these challenges, Thrifty Ice Cream's legacy endures through its long-time employees and the nostalgic memories of its customers. The future remains uncertain, but fans may still access Thrifty Ice Cream through retailers and select locations.