CRANSTON, R.I. (WPRI) — After more than 60 years in business, Phred’s Drug is closing its doors Thursday. The store was bought out by Woonsocket-based chain CVS.
Phred’s was founded in 1955 and was run by three generations of the Rossi family. The current owner of the pharmacy, Charles Rossi, plans to retire after working for 40 years.
In a statement earlier this month, Rossi said he felt that CVS Health was “better positioned to best serve the pharmacy needs of our patients and employees now and in the future.”
However, many customers are upset by the closing.
“I’m not happy about it cause it’s the only mom and pop pharmacy,” said one Cranston resident. “It’s the personal touch I’m going to miss.”
All of the pharmacy inventory, files and insurance information will be transferred to CVS.
Beginning Friday, customers of Phred’s pharmacy can conduct business at the CVS on Oaklawn Avenue.