Gray Drug
Gray Drug was a chain of drugstores primarily located in Ohio, Pennsylvania, and West Virginia. Founded in 1906 in Cleveland, Ohio, as the Economical Drug Company, it rebranded as Gray Drug Stores in the 1930s. The company grew significantly throughout the 20th century, becoming a major player in the regional drugstore market.
Gray Drug stores typically offered a wide range of products and services, including prescription medications, over-the-counter drugs, health and beauty aids, household goods, and often included soda fountains or lunch counters. The chain was known for its competitive pricing and convenient locations.
In 1981, Gray Drug was acquired by Sherwin-Williams, the paint and coatings company, in a move that proved unsuccessful. Sherwin-Williams lacked experience in the retail drugstore business, and the acquisition ultimately led to financial difficulties.
In 1988, Gray Drug was sold to Rite Aid Corporation. Rite Aid absorbed the Gray Drug stores, converting them to the Rite Aid brand. The Gray Drug name disappeared from the retail landscape as a result of this acquisition. While the brand no longer exists, it remains a remembered part of the retail history of the regions it served.