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Acme Fresh Market
The Fred W. Albrecht Grocery Company, under the trade name Acme Fresh Market, is a grocery store chain based in Akron, Ohio, that has 16 locations in Summit, Portage, Stark, and Cuyahoga counties of Northeast Ohio. It was established in 1891. History Frederick Wilhelm Albrecht, a native of Massillon, Ohio, started in the grocery business when he gained control of his brother’s local store. In 1891, he opened his own store in Akron, called F.W. Albrecht Grocery Company. After visiting an Acme store in Philadelphia (currently, a supermarket chain owned by Albertsons), Albrecht soon renamed his small corner grocery store "Acme". He also changed his business to conduct cash-only sales. More "Acme Cash Stores" soon opened around the Akron area, reaching 40 locations by 1918. After ceasing home-delivery operations, Albrecht renamed his stores once again to “Acme Cash Basket Stores.” Acme grew to over 100 stores, both large and small, by the 1930s. The Great Depression and Wor ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Medina, Ohio
Medina ( ) is a city in and the county seat of Medina County, Ohio, United States. The population was 26,094 at the 2020 Census. It lies about 33 miles (53 km) south of Cleveland and 23 miles (37 km) west of Akron within the Cleveland metropolitan area. History Medina was founded on November 30, 1818, as part of the Connecticut Western Reserve. It was originally named Mecca, but an unincorporated community in Ohio already had that name, so the name was changed. Both Mecca and Medina are Saudi Arabian cities particularly significant in Islam. Most early residents were farmers. In the 1830s, the community's growth was aided by the completion of the Ohio and Erie Canal, which helped transport agricultural products to markets. On January 31, 1835, Medina was incorporated as a village and as the county seat of Medina County. By 1855, the town's quarries were producing over $200,000 worth of stone per year. In 1857, many of the canal workers started a strike for higher ...
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Green, Ohio
Green is a city in southeastern Summit County, Ohio, United States. The population was 27,475 at the 2020 census. It is a suburban community between Akron and Canton and is part of the Akron metropolitan area. History Green Township was first created in 1809 as part of Stark County. Green Township became part of Summit County after that county's establishment in 1840. Green had several unincorporated hamlets, most notably Greensburg. By 1900, five unincorporated settlements were in Green Township, surrounded by farmlands with valuable crops and areas of coal. The local economy transitioned from farming to business and manufacturing. By 1950, farmers began to sell their lands to developers for residential housing. The increased development in the community led to discussions about becoming a city. Voters approved the merger of the village with the rest of the township in 1991. In the beginning of 1991, Green Township was incorporated as the Village of Green. The village was dec ...
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Parma, Ohio
Parma is a city in Cuyahoga County, Ohio, United States, located on the southern edge of Cleveland. As of the 2020 census, its population was 81,146. Parma is the seventh largest city in the state of Ohio, the largest suburb in the state, and the second largest city in Cuyahoga County after Cleveland. History Greenbriar (1806–1826) In 1806, the area that would eventually become Parma and Parma Heights was originally surveyed by Abraham Tappan, a surveyor for the Connecticut Land Company, and was known as Township 6 - Range 13. This designation gave the town its first identity in the Western Reserve. Soon after, Township 6 - Range 13 was commonly referred to as "Greenbriar", supposedly for the rambling bush that grew there. Benajah Fay, his wife Ruth Wilcox Fay, and their ten children, arrivals from Lewis County, New York, were the first settlers in 1816. It was then that Greenbriar, under a newly organized government seat under Brooklyn Township, began attending to its own ...
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Finast
Finast was a retail supermarket brand that started in the northeastern United States, with headquarters in Somerville, Massachusetts. Finast was an acronym for FIrst NAtional STores. Commonly referred to as "The First National", the stores operated under the First National name for decades, while the Finast acronym was reserved for its store-brand products. Several years later, most of its stores were renamed Finast during a modernization effort. Finast was incorporated as the Ginter Company in 1917. It changed its name to First National Stores, Inc. in 1925 when it was consolidated with the John T. Connor Company and O'Keeffe's, Inc. Initially concentrated in the Boston area, the chain expanded throughout New England and entered New York and New Jersey. It purchased the Safeway, Inc., Safeway stores in New York City metropolitan area in 1961. The company was purchased by Pick-N-Pay Supermarkets of northeast Ohio in 1978, and the regional headquarters for New England and New ...
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Tops Friendly Markets
Tops Friendly Markets is an American supermarket chain based in Amherst, New York, that operates stores in Upstate New York, Vermont, and Northern Pennsylvania. The chain operates full-scale supermarkets. Tops is a subsidiary of Northeast Grocery, which also owns the Price Chopper and Market 32 supermarkets based in Schenectady, New York. As of August 2022, the company operated 149 stores and 5 gas station/convenience stores. The chain formerly operated stores in Ohio and Massachusetts. History Early years Tops Friendly Markets was co-founded by Armand Castellani, who was born in 1917 in a village outside of Rome, Italy, and Thomas Buscaglia. Castellani's family came to the United States in 1920, and eventually settled in Niagara Falls, where his father, Ferrante, opened a small neighborhood grocery store. Following his mother's death in 1933, Castellani left school to help manage the store. He continued to do so until joining the Army in 1941. He attained the rank of captai ...
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HighBeam Research
HighBeam Research was a paid search engine and full text online archive owned by Gale, a subsidiary of Cengage, for thousands of newspapers, magazines, academic journals, newswires, trade magazines, and encyclopedias in English. It was headquartered in Chicago, Illinois. In late 2018, the archive was shut down. History The company was established in August 2002 after Patrick Spain, who had just sold Hoover's, which he had co-founded, bought eLibrary and Encyclopedia.com from Tucows. The new company was called Alacritude, LLC (a combination of Alacrity and Attitude). ELibrary had a library of 1,200 newspaper, magazine and radio/TV transcript archives that were generally not freely available. Original investors included Prism Opportunity Fund of Chicago and 1 to 1 Ventures of Stamford, Connecticut. Spain stated, "There was a glaring gap between free search like Google and high-end offerings like LexisNexis and Factiva." Later in 2002, it bought Researchville.com. By 2003, it ...
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Akron Beacon Journal
The ''Akron Beacon Journal'' is a morning newspaper in Akron, Ohio, United States. Owned by Gannett, it is the sole daily newspaper in Akron and is distributed throughout Northeast Ohio. The paper's coverage focuses on local news. The Beacon Journal has won four Pulitzer Prizes: in 1968, 1971, 1987 and 1994. History The paper was founded with the 1897 merger of the ''Summit Beacon,'' first published in 1839, and the ''Akron Evening Journal,'' founded in 1896. In 1903, the ''Beacon Journal'' was purchased by Charles Landon Knight. His son John S. Knight inherited the paper, in 1933, on Charles' death. The ''Beacon Journal'' under Knight was the original and flagship newspaper of Knight Newspaper Company, later called Knight Ridder. The McClatchy Company bought Knight Ridder in June 2006 with intentions of selling 12 Knight Ridder newspapers. On August 2, 2006, McClatchy sold the ''Beacon Journal'' to Black Press. In 2018, GateHouse Media bought the newspaper. On November ...
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CVS/pharmacy
CVS Pharmacy, Inc. is an American retail corporation. A subsidiary of CVS Health, it is headquartered in Woonsocket, Rhode Island. It was also known as, and originally named, the Consumer Value Store and was founded in Lowell, Massachusetts, in 1963. The chain was owned by its original holding company Melville Corporation from its inception until its current parent company (CVS Health) was spun off into its own company in 1996. CVS Pharmacy is currently the largest pharmacy chain in the United States by number of locations (over 9,600 as of 2016) and total prescription revenue. Its parent company ranks as the fifth largest U.S. corporation by FY2020 revenues in the ''Fortune'' 500. The parent company of CVS Pharmacy's leading competitor (Walgreens) ranked 19th for the same time period. CVS sells prescription drugs and a wide assortment of general merchandise, including over-the-counter drugs, beauty products and cosmetics, film and photo finishing services, seasonal merchandi ...
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Walgreens
Walgreen Company, d/b/a Walgreens, is an American company that operates the second-largest pharmacy store chain in the United States behind CVS Health. It specializes in filling prescriptions, health and wellness products, health information, and photo services. It was founded in Chicago, Illinois, in 1901, and is headquartered in the Chicago suburb of Deerfield, Illinois. On December 31, 2014, Walgreens and Switzerland-based Alliance Boots merged to form a new holding company, Walgreens Boots Alliance Inc. Walgreens became a subsidiary of the new company, which retained its Deerfield headquarters and trades on the Nasdaq under the symbol . The company was found by a federal jury to have "substantially contributed to" the opioid crisis. History Walgreens began in 1901, with a small food front store on the corner of Bowen and Cottage Grove Avenues in Chicago, owned by Dixon, Illinois native Charles R. Walgreen. By 1913, Walgreens had grown to four stores on Chicago's South ...
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