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Penn Fruit
The Penn Fruit Company was a regional grocery chain in the Philadelphia and Baltimore areas that operated from 1927 until 1978. During the firm's history it was regarded as one of the most innovative American supermarket chains. However, the company's innovations often were copied by its bigger rivals who eventually succeeded in causing the chain's demise.Philadelphia Historical CommissionNomination of Historic Building for 5129-5135 Frankford Avenue March 28, 2016. History The company was founded in 1927 by three Philadelphia merchants—Morris Kaplan, Isaac Kaplan, and Samuel Cooke—as a produce store at 52nd and Market streets in Philadelphia. The store used low prices and heavy promotions to drive sales. The store was so successful that it was soon doing $10,000 a week in sales. The success of that initial store attracted John McClatchy, a local builder, to commission the young company to build a produce and seafood store in what would be Philadelphia's first shopping cente ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Lionel Kiddie City
The Lionel toy stores (doing business as Lionel Kiddie City, Lionel Playworld, and, until 1990, Lionel Toy Warehouse) were American toy store chains under the ownership of Lionel Corp. History Kiddie City Toy Stores were started in the 1960s. By the early 1980s, Lionel operated 150 stores, under the names Lionel Kiddie City, Lionel Playworld, and Lionel Toy Warehouse (rebranded as Lionel Kiddie City in 1990). For a time it was the second-largest toy store chain in the United States. Lionel ran into financial trouble during the early 1980s recession and filed for Chapter 11 bankruptcy in February 1982. After reducing itself in size to 55 stores, it emerged from bankruptcy in September 1985. By 1991, the chain grew to 100 stores and was the fourth-largest toy retailer in the country, but once again ran into trouble due to a combination of factors. In 1989 Robert I. Toussie L.P., a partnership of several retail executives, attempted to buy the company. Lionel resisted, and the figh ...
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Retail Companies Established In 1927
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision o ...
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American Companies Established In 1927
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ...
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Companies Based In Philadelphia
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Philadelphia Magazine
''Philadelphia'' (also called "''Philadelphia'' magazine" or referred to by the nickname "Phillymag", once called ''Greater Philadelphia'') is a regional monthly magazine published in Philadelphia, Pennsylvania by the Lipson family of Philadelphia and its company, Metrocorp. History and profile One of the oldest magazines of its kind, it was first published as a quarterly in 1908 by the Trades League of Philadelphia. S. Arthur Lipson bought the paper in 1946. Coverage includes Philadelphia and the surrounding counties of Montgomery, Chester, Delaware, Bucks County, Pennsylvania, and Camden and Burlington counties in New Jersey. During summer, coverage expands to include vacation communities along the Jersey Shore. The first article published in America that recognized a city's gay community and political scene was about Philadelphia and was called "The Furtive Fraternity" by Gaeton Fonzi, and published in the magazine in 1962. The magazine has been the recipient of the Nati ...
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Supervalu (United States)
SuperValu, Inc. was an American wholesaler and retailer of grocery products. The company, formerly headquartered in the Minneapolis suburb of Eden Prairie, Minnesota, had been in business since 1926. It is a wholly owned subsidiary of United Natural Foods (UNFI). On July 26, 2018, SuperValu announced that it had agreed to be purchased by Providence, RI-based United Natural Foods Inc., the largest distributor to Whole Foods Market and other natural foods stores. UNFI would pay $1.3 billion in cash and assume another $1.6 billion in SuperValu debt and liabilities. UNFI said it expects the deal to result in roughly $175 million in savings over three years and that it would divest itself of SuperValu's grocery stores. As of June 8, 2022, the SuperValu brand seems to be discontinued for everything besides some small-scale grocery stores. The distribution facility in Hopkins, Minnesota, has been rebranded to UNFI. History In 1870, Hugh G. Harrison provided the money for B.S. Bull an ...
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Shoppers Food & Pharmacy
Shoppers Food & Pharmacy, also known as Shoppers Food Warehouse, is a chain of 22 supermarkets located in the Baltimore and Washington, D.C., metropolitan areas. Shoppers has fresh produce, Swift Angus beef, Smithfield natural pork, all-natural chicken, Dietz & Watson delis, fresh seafood, steamed shrimp, as well as hot food bars. Shoppers is thought to have innovated several now-common supermarket features, such as warehouse shelving (no longer utilized in its stores), open-bin bulk foods (also no longer found in the chain), large salad bars with hot prepared foods and specialized fans to keep produce fresh, and "warehouse-sized" packaged products. Shoppers also was one of the first chains to sell all of its produce by the pound, rather than by the item, which is now common. This prevented the "picked-over" selection of produce commonly found in conventional supermarkets several days after a produce delivery. History Shoppers Food & Pharmacy had its roots in a store opened in ...
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Food-a-rama
Food-A-Rama was a Baltimore, Maryland based-supermarket chain of 48 stores established in 1960. The stores were located in Maryland and Washington, DC. They consisted of Food-a-Rama, Super-Super, Cost-Saver Warehouse, and Basics Food Warehouse stores. When the company was sold in 1985 to Super Rite Foods of PA, it was the second-largest supermarket chain in Baltimore, behind Giant Food. After the sale, stores were bought and sold eventually changing all the store banners to Metro Food Markets. Super Rite and Basics/Metro Food Markets were acquired by Richfood Holdings in 1995. Richfood Holdings was sold to Supervalu Inc. in 1999. Supervalu has since folded Metro Food Markets into the Shoppers Food Warehouse chain based in Lanham, MD Lanham is an unincorporated community and census-designated place in Prince George's County, Maryland. As of the 2020 United States Census it had a population of 11,282. The New Carrollton station (the terminus of the Washington Metro's Orange Li . ...
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Chapter 11 Bankruptcy
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to t ...
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Food Fair
Food Fair, also known by its successor name Pantry Pride, was a large supermarket chain in the United States. It was founded by Samuel N. Friedland, who opened the first store (as Reading Giant Quality Price Cutter) in Harrisburg, Pennsylvania in the late 1920s. As of 1957, Food Fair had 275 stores, and at its peak, the chain had more than 500 stores. Friedland's family retained control of the firm through 1978, when the chain entered bankruptcy. History Origins Samuel Friedland opened his first "Reading Giant Quality Price Cutter" supermarket in the 1920s. The success of the first store led to the opening of more stores. In the late 1940s came the introduction of the name ''Food Fair''. In 1958, Food Fair purchased Setzer's Supermarkets, a 38-store chain in the Jacksonville, Florida, area. In 1961, Food Fair bought J.M. Fields Department Stores, a chain of discount department stores in New England. The latter chain grew substantially, expanding to areas already served by Food ...
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Convenience Food
Convenience food, also called tertiary processed food, is food that is commercially prepared (often through processing) to optimise ease of consumption. Such food is usually ready to eat without further preparation. It may also be easily portable, have a long shelf life, or offer a combination of such convenient traits. Although restaurant meals meet this definition, the term is seldom applied to them. Convenience foods include ready-to-eat dry products, frozen foods such as TV dinners, shelf-stable foods, prepared mixes such as cake mix, and snack foods. Bread, cheese, salted food and other prepared foods have been sold for thousands of years. Other types of food were developed with improvements in food technology. Types of convenience foods can vary by country and geographic region. Some convenience foods have received criticism due to concerns about nutritional content and how their packaging may increase solid waste in landfills. Various methods are used to reduce the un ...
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