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Devang Johari

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  • Published: May 30 2025 12:13 PM
  • Last Updated: May 30 2025 12:13 PM

Thrifty Ice Cream is closing 500 in-store counters amid Rite Aid’s bankruptcy. Find out what’s closing, what’s staying, and what might happen next to this nostalgic brand.


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Thrifty Ice Cream Is Shutting Down 500 Counters as Rite Aid Faces Bankruptcy

If you’ve ever picked up a scoop of Thrifty Ice Cream at your local Rite Aid, you might want to hold onto that memory. The beloved brand is shutting down around 500 of its in-store ice cream counters across the U.S. This comes after Rite Aid filed for bankruptcy again, which honestly doesn’t come as a total shock, considering the retail pharmacy chain has been struggling for a while now.

Why Thrifty Is Closing So Many Locations

Rite Aid, the parent company of Thrifty, has filed for Chapter 11 bankruptcy for the second time in less than two years. With rising debts and growing competition from bigger pharmacy chains and online health platforms, it’s been a rough road for them. As part of its plan to cut costs and survive, Rite Aid is shutting down non-essential operations — and sadly, Thrifty’s iconic ice cream counters are on that list.

These counters have been a part of Rite Aid stores for decades, especially popular on the West Coast. They were cheap, nostalgic, and honestly just fun. It’s a tough pill to swallow for a lot of people who grew up getting scoops there after school or on weekend errands.

What Happens to Thrifty Now?

Here’s the thing — Thrifty Ice Cream isn’t going away completely. Even though the scoop counters inside Rite Aid are closing, the brand will still be around. You’ll still be able to buy their pre-packaged ice cream in certain grocery stores and at standalone retail locations. Plus, their main factory in El Monte, California, is still running and will keep making ice cream.

So no, it’s not the total end for Thrifty. But yeah, it’s the end of a particular experience — those old-school, hand-scooped cones you’d grab for a couple of bucks while shopping for toothpaste or greeting cards.

There Might Still Be Hope

There’s also a bit of a twist. As part of the bankruptcy process, Rite Aid is planning to sell off some of its assets, and that includes Thrifty. Offers from potential buyers are expected by the end of June. So it’s possible a new owner could step in and give Thrifty a fresh start — maybe even bring the scoop counters back one day.

Rite Aid’s CEO has said that there’s already some interest from regional and national buyers. So while nothing’s confirmed yet, people who love Thrifty are keeping their fingers crossed.

Why This Hits Hard for a Lot of People

For many Americans, especially those on the West Coast, Thrifty is more than just ice cream — it’s a piece of childhood. It started way back in the 1940s as part of Thrifty Drug Stores, which Rite Aid bought in 1996. Over time, it became part of people’s routines — get your prescription, grab a scoop of Chocolate Malted Krunch, and carry on with your day.

The brand stood out for its cylinder-shaped scoops, low prices, and fun flavors, and it managed to stick around while other brands came and went. That’s why it’s hitting so many people hard. It feels like the end of a simple, happy tradition.

FAQ

Thrifty Ice Cream is shutting down around 500 in-store scoop counters as part of Rite Aid’s restructuring during its bankruptcy proceedings. The closures aim to cut operational costs and stabilize the company financially.

No, Thrifty Ice Cream is not going away entirely. While the scoop counters inside Rite Aid stores are closing, the brand will continue to sell pre-packaged ice cream in select grocery stores and standalone shops.

Rite Aid filed for Chapter 11 bankruptcy in early 2025 due to ongoing debt, competition from major pharmacy chains, and financial struggles despite earlier restructuring efforts. This is its second bankruptcy filing in less than two years.

Yes, you can still find Thrifty Ice Cream in pre-packaged form at select supermarkets and standalone outlets, mostly across the West Coast. The iconic brand continues to operate from its factory in El Monte, California.

There’s a possibility. Rite Aid is currently looking to sell some of its assets, including Thrifty Ice Cream. If a new buyer comes in, there’s hope they could bring back scoop counters in the future.

The closures are expected to take place gradually throughout the year, starting mid-2025. Specific dates may vary depending on location and Rite Aid’s restructuring timeline.

Thrifty is famous for its nostalgic and creative flavors like Chocolate Malted Krunch, Butter Pecan, and Pistachio Nut. Its cylinder-shaped scoops and affordable prices made it a longtime favorite.

In some regions, Thrifty Ice Cream is available through online grocery delivery platforms or local retailers that stock their pre-packaged products. Availability may depend on your area.

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