WHAT HAPPENED to Rite Aid? The Rise & Collapse of America's Neighborhood Pharmacy скачать в хорошем качестве

WHAT HAPPENED to Rite Aid? The Rise & Collapse of America's Neighborhood Pharmacy

Today on Grossman World, we take a look back at America's Neighborhood Pharmacy... Rite Aid, started by Alex Grass in 1962 eventually became one of America's largest pharmacies / store chains you could shop at in America. At a peak of over 5000 locations, Rite Aid was neck and neck with other pharmacy giants like Walgreens and CVS. Through a series of risky acquisitions and fraudulent business practices, Rite Aid would slowly face their demise. Now in 2025, Rite Aid has just announced they are closing their remaining 89 stores. I take a look at one still standing here in Brewster, NY - as well as give history on the rise and fall of such an iconic brand. It is crazy to think we will never see Rite Aid again, but who knows what the future will hold. If you have memories with Rite Aid feel free to share, as I would love to hear. Thank you for tuning into this episode of Grossman World, and be sure to Subscribe for more exciting episodes on the way!!! Chapters: 0:00 - Intro 1:30 - First Look 2:04 - The Dawn 2:45 - The Rise 3:33 Abandoned Rite Aid 4:01 - New Owners 5:22 - Eckerd and Brooks 6:13 - Accounting Fraud 6:51 - Alex Grass’s Death 7:08 - Final Look Inside 7:32 - Exterior 8:18 - The Collapse 9:39 - Outro