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Article: Wells Fargo and Thrifty PayLess team up in retail outlets; bank and drug store chain to operate in same retail space.
- Article from:
- Business Wire
- Article date:
- July 2, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN FRANCISCO--(BUSINESS WIRE)--July 2, 1996--In a continuing effort to offer customer convenience, Wells Fargo Bank and Thrifty PayLess Inc. today jointly announced that they have signed a letter of intent to launch a pilot program in which Thrifty PayLess stores would occupy space inside five of the bank's branches in California.
In the pilot, Thrifty PayLess will occupy 3,000 to 10,000 square feet inside five existing Wells Fargo branches. The stores will include a pharmacy and carry basic drug store items like health and beauty aids and over-the-counter medicines.
"We feel customers of Thrifty PayLess and Wells Fargo will enjoy the convenience of shopping ...