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Lunds And Byerlys
Lund Food Holdings, Inc is an American supermarket operator. Headquartered in Edina, it owns the upscale supermarket chain Lunds & Byerlys. The company opened its first supermarkets in the Uptown area of Minneapolis. In 2015, it changed its name from Lunds to Lunds & Byerlys. It operates 28 stores in Minneapolis-St. Paul metro area of Minnesota. History Lunds History Russell T. Lund Sr. founded a grocery called Hove's in 1939 at the corner of Lake Street and Hennepin Avenue in the Uptown neighborhood of Minneapolis. Russell Lund Sr., an employee, took an equity stake in the cheese and cracker department in 1922 and after founding a popcorn business, a larger stake in 1939. The chain took the Lunds name in 1964. Lunds and Byerly's were competing companies until 1997 when Lunds acquired Byerly's. They continued to operate under their individual names until April 2015, when the stores were rebranded Lunds & Byerlys. In 2006, they launched its online grocery shopping service. ... [...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] |
