Gray Drug

Last updated
Gray Drug
IndustryPharmacy
Founded1912
FounderAdolph Weinberger [1]
Defunct1987
FateSold to Rite Aid
Headquarters
Cleveland, Ohio
,
United States
Area served
 Ohio

Gray Drug was an American drugstore chain in Cleveland, Ohio. The chain began in 1912 [2] and grew to 46 stores by 1946 and over 100 by the 1970s. [3] [4] Besides Ohio, stores later opened in Florida and Maryland. [5] The chain later acquired Alexandria, Virginia-based Drug Fair in 1981, shortly before Sherwin-Williams bought the chain. Gray Drug acquired several Cunningham Drug stores in 1982. [2]

The company entered the discount department store business by acquiring the Cincinnati-based Rink's Department Store chain in 1964 [6] [7] and the Cleveland-based Bargain City chain in 1967. [8]

Gray Drug was sold to Rite Aid in 1987. [9]

References

  1. ↑ "Weinberger, Adolph". Encyclopedia of Cleveland History. 12 May 2018. Retrieved May 3, 2022.
  2. 1 2 "Encyclopedia of Cleveland History:GRAY DRUG STORES, INC". Ech.case.edu. 1997-07-16. Retrieved 2012-05-13.
  3. ↑ The Outlook - Standard and Poor's Corporation - Google Books. 1977. Retrieved 2012-05-13.
  4. ↑ Rose, William Ganson (1990). Cleveland: The Making of a City - William Ganson Rose - Google Books. ISBN   9780873384285 . Retrieved 2012-05-13.
  5. ↑ Gant, Tina (2004). International directory of company histories - Jay P. Pederson - Google Books. ISBN   9781558625082 . Retrieved 2012-05-13.
  6. ↑ "Rink Store Chain Bought By Gray Drug". Evening Independent, June 22, 1964, Page 2.
  7. ↑ "Lining up for a bargain at Rink’s" Archived 2014-01-03 at the Wayback Machine . Lima News.
  8. ↑ "Retailer opened Bargain City" Toledo Blade, July 8, 2004.
  9. ↑ "Gray Drug Fair Sale - New York Times". The New York Times . 1987-05-02. Retrieved 2012-05-13.
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