American Stores Company
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American Stores Company
American Stores Company was an American public corporation and a holding company which ran chains of supermarkets and drugstores in the United States from 1917 through 1998. The company was incorporated in 1917 when The Acme Tea Company merged with four small Philadelphia-area grocery stores ''(Childs, George Dunlap, Bell Company,'' and ''A House That Quality Built)'' to form American Stores. In the following eight decades, the company would expand to 1,575 food and drugstores in 38 states with $20 billion in annual sales in 1998. History By 1925, American Stores had grown from five supermarkets in 1917 to nearly 1,800 stores. In 1946, a proposed acquisition of ''Grand Union'' supermarkets was turned down by Grand Union stockholders. 1960s-1970s In 1961, American Stores company acquired California's Alpha Beta chain of supermarkets. In the 1970s, in order to compete with lower priced grocery retailers such as ShopRite and Pathmark (competitors which did not offer trading st ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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Supermarket
A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market. In everyday U.S. usage, however, "grocery store" is synonymous with supermarket, and is not used to refer to other types of stores that sell groceries. The supermarket typically has places for fresh meat, fresh produce, dairy, deli items, baked goods, etc. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenware, household cleaners, pharmacy products and pet supplies. Some supermarkets also sell other household products that are consumed regularly, such as alcohol (where permitted), medicine, and clothing, and some sell a much wider range of non-food products: DVDs, sporting equipment, board games, and seasonal ite ...
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Jewel Companies
Jewel-Osco is a regional supermarket chain in the Chicago metropolitan area, headquartered in Itasca, a western suburb. In 2007, the company had 188 stores across northern, central, and western Illinois; eastern Iowa; and portions of northwest Indiana. Jewel-Osco has been a wholly owned subsidiary of Boise-based Albertsons since 1999. The company originally started as a door-to-door coffee delivery service before it expanded into delivering non-perishable groceries and later into grocery stores, and supermarkets. Prior to its 1984 acquisition by American Stores, Jewel evolved into a large multi-state holding company that operated several supermarket chains and other non-food retail chain stores located from coast to coast and had operated under several different brand names. History Beginnings with home deliveries In 1899, Frank Vernon Skiff founded Jewel in Chicago as a door-to-door coffee delivery service. In 1902, Skiff partnered with his brother-in-law Frank P. Ross, r ...
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Skaggs Family
The Skaggs Family, starting from a small frontier town in southern Idaho, came to have an important impact on merchandising across much of the United States. During most of the 20th century, the Skaggs name was prominent on hundreds of stores throughout the West and Midwest. The origins of a wide range of these grocery and drug store enterprises can be traced to this one Skaggs family. The father in the family was a Baptist Minister (Christianity), minister and had moved west for a better climate. He had a large family; to supplement his income he opened a grocery store. He and six of his sons, with varying degrees of collaboration, introduced in the early 20th century two important changes in merchandising: the low-margin, cash-and-carry approach to business, and rapidly growing a multitude of common outlets, now called chain stores. Their entrepreneurial interests became a major retailing force resulting in large, retail chains that carried not only the Skaggs name itself, but ...
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Skaggs Drug Centers
American Stores Company was an American public corporation and a holding company which ran chains of supermarkets and drugstores in the United States from 1917 through 1998. The company was incorporated in 1917 when The Acme Tea Company merged with four small Philadelphia-area grocery stores ''(Childs, George Dunlap, Bell Company,'' and ''A House That Quality Built)'' to form American Stores. In the following eight decades, the company would expand to 1,575 food and drugstores in 38 states with $20 billion in annual sales in 1998. History By 1925, American Stores had grown from five supermarkets in 1917 to nearly 1,800 stores. In 1946, a proposed acquisition of ''Grand Union'' supermarkets was turned down by Grand Union stockholders. 1960s-1970s In 1961, American Stores company acquired California's Alpha Beta chain of supermarkets. In the 1970s, in order to compete with lower priced grocery retailers such as ShopRite and Pathmark (competitors which did not offer trading st ...
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Skaggs Family
The Skaggs Family, starting from a small frontier town in southern Idaho, came to have an important impact on merchandising across much of the United States. During most of the 20th century, the Skaggs name was prominent on hundreds of stores throughout the West and Midwest. The origins of a wide range of these grocery and drug store enterprises can be traced to this one Skaggs family. The father in the family was a Baptist Minister (Christianity), minister and had moved west for a better climate. He had a large family; to supplement his income he opened a grocery store. He and six of his sons, with varying degrees of collaboration, introduced in the early 20th century two important changes in merchandising: the low-margin, cash-and-carry approach to business, and rapidly growing a multitude of common outlets, now called chain stores. Their entrepreneurial interests became a major retailing force resulting in large, retail chains that carried not only the Skaggs name itself, but ...
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[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  



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