The Hustle Daily Show

Rite Aid is done, but its ice cream brand lives on

16 snips
Oct 14, 2025
Discover the sweet survival of Thrifty ice cream, which thrived despite its parent company's downfall. From its humble beginnings as a nickel scoop in 1929 to a signature cylindrical design, Thrifty has a rich history. New owners plan to reinvigorate flavors and expand, balancing classic tastes with potential Monster Energy-inspired innovations. Explore the charms of affordability in a market swamped by pricey artisanal brands, and delve into how nostalgia and simplicity could win over today's consumers.
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ANECDOTE

From Nickel Scoops To West Coast Staple

  • Thrifty began as a pharmacy loss-leader selling nickel scoops to draw customers.
  • Founders later bought a factory and expanded into a standalone ice cream brand beloved on the West Coast.
ANECDOTE

Personal Memories Of Thrifty Counters

  • Juliet recalls West Coast Rite Aids with Thrifty counters where they scooped ice cream for customers.
  • She notes many listeners share memories of favorite Thrifty flavors from childhood.
INSIGHT

Why Rite Aid Failed

  • Rite Aid's problems stemmed from competition and large opioid settlements that hollowed out the chain.
  • Competitors are buying many of Rite Aid's assets as the chain liquidates stores.
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