Industry: Company

Thrift Drug was a U.S. pharmacy chain founded in 1935 and based in Pittsburgh, Pennsylvania. The company was purchased by JCPenney in 1968, and was expanded greatly thereafter, serving as the flagship chain of JCPenney's pharmacy group. Ceased operations: 1997 Headquarters: Pittsburgh, PA Founded: 1935 Founders: Philip Hoffman, Reuben Helfant Parent organization: Rite Aid Subsidiaries: P.J.C. Distribution, Inc., PJC New London Realty LLC, PJC of Rhode Island Inc

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