Super Saver Foods
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Super Saver Foods
Super Saver Foods was an American price-impact grocery franchise. It was owned by Albertsons LLC. It was a no-frills grocery store where the customers bagged their own groceries at the checkout. History Acme version Super Saver was a brand launched by the Acme grocery chain in 1970 on the East Coast as discount format grocery stores. The format was established in order to compete with lower priced grocery retailers such as ShopRite and Pathmark (competitors which did not offer trading stamps). The brand was retired in 1982 (though some isolated stores retained the signage into the early 1990s). American Stores version In 1994, American Stores Company, parent company of Acme and Lucky food stores decided to start a discount format grocery store chain in California. They built new stores in Southern California (Indio, Oceanside, Anaheim, National City), and converted about 6 Lucky stores, (3 in Sacramento, Pittsburg, Vacaville, and Woodland) to the format in Northern Californ ...
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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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Lucky Stores
Lucky Stores is an American supermarket chain founded in San Leandro, California, in 1935. Lucky is currently operated by Albertsons in Utah and Save Mart Supermarkets in Northern California. In 1998, Lucky's parent company, American Stores, was taken over by Albertsons, and by 1999, the Lucky brand had disappeared. On January 23, 2006, SuperValu, CVS Pharmacy and an investment group led by Cerberus Capital Management announced they had agreed to acquire Albertsons for $17.4 billion. Existing Albertsons stores were divided between Supervalu and the Cerberus-led group; the Cerberus-acquired stores became Albertsons, which then sold its Northern California and Northern Nevada stores to Save Mart Supermarkets. In 2006, both SuperValu and Save Mart began re-branding some Albertsons locations as Lucky stores, using the old logo. However, the same year, Grocery Outlet, an unrelated Northern California retailer, also began branding some of its stores as Lucky, claiming that Albertso ...
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Retail Companies Established In 1970
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 of ...
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