Thrifty Store Plans to Expand Its Pharmacy Services
The name Kiden Thrifty Store sounds like a brand of discount groceries that are commonly found in discount stores. The company website does not give much information about the business, and it only lists a location address. On their Facebook page, however, they list an office located at Yonge and Adelaide in Toronto. This appears to be a location that is regularly used for business purposes. The business does not have an online presence. It only lists the phone number and the email address for inquires.
Company Description: Kiden Thrifty Store, located in Toronto, ON Canada, is part of the Used Merchandise Stores Industry and is operated by Robert Kiden. Robert Kiden is also listed as the President and CEO on the Board of Advisors. Kiden Thrifty Store also has two full-time employees and generates $320,669 in annual revenue (USD) from drug stores and space leasing. They currently have eight stores in California and a total of 13 stores in four provinces. Their philosophy is to offer products at prices that are lower than the established national brands.
The Store has expanded into several markets, including; San Diego, Orange County, Sacramento, and Los Angeles. It also has locations in Houston, Texas, New York, and Miami. It is primarily focused on offering top-quality health, food, and drug products. It is mainly known for providing healthy and organic products and has a great selection of the top brands in each category, including; frozen foods, snacks, organic food, household goods, and personal care items. It is also known for offering organic ice cream and sherbet and a variety of dietary supplements.
The market is also known for having top-rated restaurants and top-rated ice cream parlors. In addition to offering many of the popular items available at other national chain grocery stores, Thrifty Store provides many other specialty items. It has been named as one of the “U.S. Outstanding Superstores.” It is located between Avenue of the Americas in San Diego’s Gaslamp District and the Prospect Street Marketplace in San Francisco’s SOMA. It was named one of “The Best Supermarkets in America” by Retail Solutions magazine in May.
As of this writing, the company is offering 20 different store locations in California. Many of these locations will be open early in the morning and close late at night. Thrifty California stores are located primarily in San Diego, Orange County, San Francisco, and Los Angeles. These locations will offer an extensive assortment of groceries, including popular brands such as Whole Foods Market, Ralphs, Aldi, and Lidl, and a large variety of gourmet food, health, and drug stores. Additionally, it offers home delivery for groceries. In addition, the company provides a carwash, winery, and restaurant business.
This company was created in 1966 as a division of a California corporation called Callebore Pharmaceuticals. It became part of Costco, Inc., which is today one of the largest franchisees in the nation. The company is one of California’s largest owner-operators of discount drug stores. In fact, according to Business Week, Costco sells more branded medications in a year than most companies do in an entire year. In July, the company was named one of the “top 25 best companies to work for in the world.”
In late July, The Register-Guard reported that Thrifty had signed a contract to sell and operate about 500 low-cost drugstores in California. At this point, the company did not have plans to expand its existing generic and prescription-only pharmacy services offerings. However, according to the article, “the company expects to roll out new stores in at least a few locations,” and possibly several in all. A press release sent out by Costco also mentioned the potential introduction of a new frozen yogurt shop. Though the location has not been specified, it will be located in the same area where the ice cream store is already found.
According to the Los Angeles Times, Thrifty will begin offering prescription drugs in their California drug stores in February 2021. A representative from the company told the paper that prescription applications would be ready by July and that the pricing for these prescriptions would be “formally” set sometime after that date. The company also told the Times that it expects to launch “a selective number of discount pharmacy stores” in the coming months. All of this should come to pass, and it certainly seems as though California’s Department of Health Care will be getting into the mix of selling things at bargain prices.