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Gerrity's Supermarkets
Gerrity's Supermarkets is a privately held chain of grocery stores located in Pennsylvania, United States. The company is run by President and CEO Joyce A. Fasula, along with her son, Joseph F. Fasula. They were part of ShurSave's retail cooperative. In August 2022, the chain joined Wakefern Food Corporation's cooperative under The Fresh Grocer banner. Gerrity's Supermarkets is currently operating ten locations, including its 2021 acquisition of Valley Farm Market in Bethlehem. History 1895-1964: Gerrity's Market In 1895, William Gerrity opened Gerrity's Market, a meat shop that preceded the present-day supermarket. It was located at 345 Railroad Avenue, Bellvue, West Scranton. He partnered with Josph Hoban, and together they opened two other stores and started a meat delivery service . In 1945, Hoban sold his half of his business to Gerrity. 3 years later, Gerrity's three sons, Joseph, William Jr., and Thomas inherited the stores. William Jr. moved and Thomas died, l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |