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McLane Company
McLane is an American wholesale supply chain services company which distributes grocery and non-food to convenience stores, discount retailers, wholesale clubs, drug stores, military bases, quick service restaurants, and casual dining restaurants throughout the United States. It is also a wholesale distributor of distilled spirits, wine, and beer in some US states. McLane is organised in three segments: grocery distribution, serving about 49,000 retail locations, foodservice distribution, catering to about 36,500 chain restaurants, and beverage distribution, servicing about 24,900 retail locations in the Southeastern US and Colorado. Walmart, McLane's former parent company, remains its largest client with approximately 25% of its 2017 revenues. Other significant customers include 7-Eleven and Yum! Brands, each of which accounted for approximately 11% of its 2017 revenues. Mclane was founded in 1894 in Cameron, Texas and has grown from a local merchant to an international distribu ...
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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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Circle K
Circle K Stores, Inc. is a Canadian chain of convenience stores headquartered in Laval, Quebec, Canada. It is owned by the multinational company Couche-Tard. Founded in 1951 in El Paso, Texas, the company filed for bankruptcy protection in 1990 and went through several owners, before being acquired by Alimentation Couche-Tard in 2003. As of February 2020, Circle K has 9,799 stores in North America, 2,697 stores in Europe, and an additional 2,380 stores operating under franchise agreements worldwide. In 2015, Circle K unveiled a new logo and brand identity, and Couche-Tard announced that it would deploy the brand globally, including English-speaking Canada (rebranding from the Mac's brand), Europe (rebranding from the Statoil brand), and the United States (rebranding from the Kangaroo Express brand and updating the existing Circle K brand). Overview Since the 1980s, Circle K has been the largest chain of company-owned and operated (non-franchised) convenience stores in the ...
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A&W Restaurants
A&W Restaurants is an American fast food restaurant chain distinguished by its burgers, draft root beer and root beer floats. Being the oldest restaurant chain in America, A&W's origins date back to 1919 when Roy W. Allen set up a roadside drink stand to offer a new thick and creamy drink, root beer, at a parade honoring returning World War I veterans in Lodi, California. Allen's employee Frank Wright partnered with him in 1922 and they founded their first restaurant in Sacramento, California in 1923. The company name was taken from the initials of their last names – Allen and Wright. The company became famous in the United States for its "frosty mugs" – the mugs were kept in a freezer and filled with A&W Root Beer just before being served to customers. Evolving into a franchise in 1926, the company today has locations in the United States and some Southeast Asian countries, serving a fast-food menu of hamburgers, hot dogs and French fries. A number of outlets serve as d ...
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Long John Silvers
Long John Silver's (formerly known as Long John Silver's Seafood Shoppes and sometimes abbreviated as LJS) is an American chain of fast-food restaurants that specializes in seafood. The brand's name is derived from the novel ''Treasure Island'' by Robert Louis Stevenson, in which the pirate Long John Silver is one of the main characters. Formerly a division of Yum! Brands, the company was sold to a group of franchisees in September 2011 and is now 80% franchise-owned. History The first restaurant opened on August 18, 1969, in Lexington, Kentucky. The original location, on 301 Southland Drive, was previously the Cape Codder seafood carry-out restaurant. The original Cape Codder concrete block building was redesigned by architect Druce Henn, who created the New England style of Long John Silver's early chain restaurants. That original location is now a styling salon. Earlier restaurants were known for their Cape Cod style buildings, blue roofs with square cupolas, wood benc ...
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Pizza Hut
Pizza Hut is an American multinational restaurant chain and international franchise founded in 1958 in Wichita, Kansas by Dan and Frank Carney. They serve their signature pan pizza and other dishes including pasta, breadsticks and dessert at dine-in, take-out and delivery chain locations. They also serve chicken wings on their WingStreet menu. The chain headquartered in Plano, Texas, operates 17,639 restaurants worldwide as of 2020, making it the world's largest pizza chain by number of locations. It is owned by Yum! Brands, Inc., one of the world's largest restaurant companies. History Pizza Hut began on May 31, 1958, by two brothers, Dan and Frank Carney, both Wichita State students, as a single location in Wichita, Kansas. The now famous little brick building was close to their childhood home and stomping grounds. The Carney brothers grew up in the College Hill neighborhood amongst many life long Wichita families where tree-lined streets were filled with historical home ...
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Taco Bell
Taco Bell is an American-based chain of fast food restaurants founded in 1962 by Glen Bell (1923–2010) in Downey, California. Taco Bell is a subsidiary of Yum! Brands, Inc. The restaurants serve a variety of Mexican-inspired foods, including tacos, burritos, quesadillas, nachos, novelty and speciality items, and a variety of "value menu" items. , Taco Bell serves over customers each year, at 7,072 restaurants, more than 93 percent of which are owned and operated by independent franchisees and licensees. PepsiCo purchased Taco Bell in 1978, and later spun off its restaurants division as Tricon Global Restaurants, which later changed its name to Yum! Brands. History Taco Bell was founded by Glen Bell, an entrepreneur who first opened a hot dog stand called Bell's Drive-In in San Bernardino, California, in 1948. Bell watched long lines of customers at a Mexican restaurant called the Mitla Cafe, located across the street, which became famous among residents for its har ...
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Yum! Brands
Yum! Brands, Inc. (or Yum!), formerly Tricon Global Restaurants, Inc., is an American fast food corporation listed on the Fortune 1000. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Yum! previously also owned Long John Silver's and A&W Restaurants. Based in Louisville, Kentucky, Yum! is one of the world's largest fast food restaurant companies in terms of system units. In 2016, Yum! had 43,617 restaurants, including 2,859 that were company-owned and 40,758 that were franchised, in 135 nations and territories worldwide. History PepsiCo fast food division The company's history began in 1977, when PepsiCo entered the restaurant business by acquiring Pizza Hut. A year later, PepsiCo purchased Taco Bell. In July 1986, R. J. Reynolds Tobacco Company, R. J. Reynolds sold KFC to PepsiCo to pay off debt from its recent purchase of Nabisco. In 1990, Hot 'n Now was acquired vi ...
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Army And Air Force Exchange Service
The Army & Air Force Exchange Service (AAFES, also referred to as The Exchange and The PX or The BX) is the retailer in U.S. Army and Air Force installations worldwide. The Exchange is headquartered in Dallas, Texas, and its director/chief executive officer is Tom Shull. The largest of the Department of Defense's exchange services, it iNo. 54on the National Retail Federation's Top 100 Retailers list. In addition to their retail support for the military, the Exchange outfits troops with combat uniforms at-cost, and serves approximately 4.2 million at-cost school lunches per year for children attending Department of Defense Dependents Schools overseas. As of Veterans Day, 11 November 2017, military exchanges started offering online exchange shopping privileges to an estimated 18 million honorably discharged veterans. The exchanges launched VetVerify.org in June 2017, allowing veterans to verify their eligibility ahead of the benefit's start date. History Roots For more than 1 ...
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Family Dollar
Family Dollar Stores, Inc. is an American variety store chain. With over 8,000 locations in all states except Alaska and Hawaii, it was the second largest retailer of its type in the United States until it was acquired by Dollar Tree in 2015 and its headquarters operations were moved from Matthews, a suburb of Charlotte, North Carolina, to Chesapeake, Virginia, located in South Hampton Roads. In June 2014, activist investor and major shareholder Carl Icahn demanded that Family Dollar be immediately put up for sale. On July 28, 2014, Dollar Tree announced that it would buy Family Dollar for $8.5 billion. The sale delivered a windfall to the company's biggest shareholder Carl Icahn, who acquired his 9.4 percent stake in June 2014. On January 22, 2015, Family Dollar shareholders approved the Dollar Tree bid. History Family Dollar was founded in 1959 by Leon Levine, a 21-year-old entrepreneur. In November of that year, the company's first store was opened, in Charlotte, North Car ...
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Kmart (United States)
Kmart Corporation ( , doing business as Kmart and stylized as kmart) is an American retail company that owns a chain of big box department stores. The company is headquartered in Hoffman Estates, Illinois, United States. The company was incorporated in 1899 as S. S. Kresge Corporation and renamed Kmart Corporation in 1977. The first store with the Kmart name opened in 1962 in Garden City, Michigan. At its peak in 1994, Kmart operated 2,486 stores globally, including 2,323 discount stores and Super Kmart Center locations in the United States. As of April 16, 2022, that number was down to nine, including just three in the continental United States.Tyko, Kelly (April 11, 2022"Kmart store closings 2022: Just three Kmarts remain after new round of closures"''USA Today'' From 2005 through 2019, Kmart was a subsidiary of Sears Holdings Corporation. Since 2019, Kmart has been a subsidiary of Transform SR Brands LLC, a privately held company that was formed in 2019 to acquire assets ...
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Love's Travel Stops & Country Stores
Love's Travel Stops & Country Stores, doing business as Love's (or stylized as Loves), is an American family-owned chain of more than 500 truck stop and convenience stores in 41 states in the United States. The company is privately owned and headquartered in Oklahoma City, Oklahoma. Love's ranked No. 17 on the 2019 Forbes list of America's largest private companies. Love's has two primary kinds of stores: country stores and travel stops. Country stores are fueling stations with a convenience store attached. The larger travel stops are located along highways and offer additional amenities such as food from restaurant chains such as Arby's, Baskin-Robbins, Bojangles, Burger King, Chester's, Dairy Queen, Del Taco, Dunkin', Friendly's, Godfather's Pizza, Green Burrito, McDonald's, Taco John's, Subway, Taco Bell, Wendy's, Hardee’s/Carls Jr., trucking supplies, showers and RV dump stations. Love's had 25,000 employees in 2018. History In 1964, Tom and Judy Love spent $5000 () t ...
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Target Stores
Target Corporation (doing business as Target and stylized in all lowercase since 2018) is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the seventh largest retailer in the United States, and a component of the S&P 500 Index. Target was established as the discount division of Dayton's department store of Minneapolis in 1962. It began expanding the store nationwide in the 1980s (as part of the Dayton-Hudson Corporation), and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed Target Corporation in 2000, and divested itself of its last department store chains in 2004. It suffered from a massive, highly publicized security breach of customer credit card data and the failure of its short-lived Target Canada subsidiary in the early 2010s, but experienced revitalized success with its expansion in urban markets within the United S ...
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