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Tops Friendly Markets
Tops Friendly Markets is an American supermarket chain based in Amherst, New York, that operates stores in Upstate New York, Vermont, and Northern Pennsylvania. The chain operates full-scale supermarkets. Tops is a subsidiary of Northeast Grocery, which also owns the Price Chopper and Market 32 supermarkets based in Schenectady, New York. As of August 2022, the company operated 149 stores and 5 gas station/convenience stores. The chain formerly operated stores in Ohio and Massachusetts. History Early years Tops Friendly Markets was co-founded by Armand Castellani, who was born in 1917 in a village outside of Rome, Italy, and Thomas Buscaglia. Castellani's family came to the United States in 1920, and eventually settled in Niagara Falls, where his father, Ferrante, opened a small neighborhood grocery store. Following his mother's death in 1933, Castellani left school to help manage the store. He continued to do so until joining the Army in 1941. He attained the rank of capta ...
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Niagara Falls, New York
Niagara Falls is a city in Niagara County, New York, United States. As of the 2020 census, the city had a total population of 48,671. It is adjacent to the Niagara River, across from the city of Niagara Falls, Ontario, and named after the famed Niagara Falls which they share. The city is within the Buffalo–Niagara Falls metropolitan area and the Western New York region. While the city was formerly occupied by Native Americans, Europeans who migrated to the Niagara Falls in the mid-17th century began to open businesses and develop infrastructure. Later in the 18th and 19th centuries, scientists and businessmen began harnessing the power of the Niagara River for electricity and the city began to attract manufacturers and other businesses drawn by the promise of inexpensive hydroelectric power. After the 1960s, however, the city and region witnessed an economic decline, following an attempt at urban renewal under then Mayor Lackey. Consistent with the rest of the Rust Belt as ...
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Captain (United States)
In the United States uniformed services, captain is a commissioned-officer rank. In keeping with the traditions of the militaries of most nations, the rank varies between the services, being a senior rank in the naval services and a junior rank in the ground and air forces. Many fire departments and police departments in the United States also use the rank of captain as an officer in a specific unit. Usage For the naval rank, a captain is a senior officer of U.S. uniformed services pay grades O-6 (the sixth officer rank), typically commanding seagoing vessels, major aviation commands and shore installations. This rank is used by the U.S. Navy, U.S. Coast Guard, U.S. Public Health Service Commissioned Corps, the National Oceanic and Atmospheric Administration Commissioned Corps, and the U.S. Maritime Service. Seaborne services of the United States and many other nations refer to the officer in charge of any seagoing vessel as "captain" regardless of actual rank. For insta ...
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Wegmans
Wegmans Food Markets, Inc. is a privately held American supermarket chain. It is headquartered in Gates, New York, and was founded in 1916 in Rochester. As of , Wegmans has 110 stores, mostly in the Northeastern and Mid-Atlantic regions. The company has stores in New York, Pennsylvania, New Jersey, Maryland, Massachusetts, Virginia, North Carolina, Delaware and Washington, D.C. along with a planned expansion into Connecticut. Wegmans has appeared on ''Fortune''s annual "100 Best Companies to Work For" list since the list first appeared in 1998. In 2020, the company was ranked at number three on that list, based on an employee survey of satisfaction. History Wegmans is a privately owned company, founded in 1916 by brothers John and Walter Wegman as the Rochester Fruit and Vegetable Company. Wegmans is headquartered in the Rochester suburb of Gates. Danny Wegman is the chairman. His daughter, Colleen Wegman, is president and CEO; his other daughter, Nicole Wegman, is senio ...
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Rochester, New York
Rochester () is a city in the U.S. state of New York, the seat of Monroe County, and the fourth-most populous in the state after New York City, Buffalo, and Yonkers, with a population of 211,328 at the 2020 United States census. Located in Western New York, the city of Rochester forms the core of a larger metropolitan area with a population of 1 million people, across six counties. The city was one of the United States' first boomtowns, initially due to the fertile Genesee River Valley, which gave rise to numerous flour mills, and then as a manufacturing center, which spurred further rapid population growth. Rochester rose to prominence as the birthplace and home of some of America's most iconic companies, in particular Eastman Kodak, Xerox, and Bausch & Lomb (along with Wegmans, Gannett, Paychex, Western Union, French's, Constellation Brands, Ragú, and others), by which the region became a global center for science, technology, and research and development. This sta ...
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Tonawanda, New York
Tonawanda (formally ''City of Tonawanda'') is a city in Erie County, New York, United States. The population was 15,130 at the 2010 census. It is at the northern edge of Erie County, south across the Erie Canal ( Tonawanda Creek) from North Tonawanda, east of Grand Island, and north of Buffalo. It is part of the Buffalo-Niagara Falls metropolitan area. History The city's name is from the word ''Tahnawá•teh'' in Tuscarora meaning "confluent stream" Post-Revolutionary War white settlement at Tonawanda began with Henry Anguish, who built a log home in 1808. He added to the hamlet in 1811 with a tavern, both on the south side of Tonawanda Creek where it empties into the Niagara River. The hamlet grew slowly until the opening of the Erie Canal, completed in the course of the creek in 1825. The Town of Tonawanda was incorporated in 1836. The Erie Canal and the railroads that soon followed it provided economic opportunity. By the end of the 19th century, both sides of the cana ...
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Wilson Farms
7-Eleven, Inc., stylized as 7-ELEVE, is a multinational chain of retail convenience stores, headquartered in Dallas, Texas. The chain was founded in 1927 as an ice house storefront in Dallas. It was named Tote'm Stores between 1928 and 1946. After 70% of the company was acquired by an affiliate Ito-Yokado in 1991, it was reorganized as a wholly owned subsidiary of Seven & I Holdings. 7-Eleven operates, franchises, and licenses 78,029 stores in 19 countries and territories as of November 2021. While operating under its namesake brand globally, within the United States it operates as 7-Eleven nationally, as Speedway nationally but mostly in the Midwest & East Coast, and as Stripes Convenience Stores within the South Central United States; both Speedway and Stripes operate alongside 7-Eleven's namesake stores in several markets. 7-Eleven also operates A-Plus locations with the name licensed from owner and fellow Metroplex-based Energy Transfer Partners, though most of these ...
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Convenience Store
A convenience store, convenience shop, corner store or corner shop is a small retail business that stocks a range of everyday items such as coffee, groceries, snack foods, confectionery, soft drinks, ice creams, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines. In some jurisdictions, convenience stores are licensed to sell alcoholic drinks, although many jurisdictions limit such beverages to those with relatively low alcohol content, like beer and wine. The stores may also offer money order and wire transfer services, along with the use of a fax machine or photocopier for a small per-copy cost. Some also sell tickets or recharge smart cards, e.g. OPUS cards in Montreal. They differ from general stores and village shops in that they are not in a rural location and are used as a convenient supplement to larger stores. A convenience store may be part of a gas/petrol station, so customers can purchase goods while refuelling ...
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Distribution (business)
Distribution (or place) is one of the four elements of the marketing mix. Distribution is the process of making a product or service available for the consumer or business user who needs it. This can be done directly by the producer or service provider or using indirect channels with distributors or intermediaries. The other three elements of the marketing mix are product, pricing, and promotion. Decisions about distribution need to be taken in line with a company's overall strategic vision and mission. Developing a coherent distribution plan is a central component of strategic planning. At the strategic level, there are three broad approaches to distribution, namely mass, selective and exclusive distribution. The number and type of intermediaries selected largely depend on the strategic approach. The overall distribution channel should add value to the consumer. Definition Distribution is fundamentally concerned with ensuring that products reach target customers in the mos ...
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American Stock Exchange
NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. NYSE Euronext acquired AMEX on October 1, 2008, with AMEX integrated with the Alternext European small-cap exchange and renamed the NYSE Alternext U.S. In March 2009, NYSE Alternext U.S. was changed to NYSE Amex Equities. On May 10, 2012, NYSE Amex Equities changed its name to NYSE MKT LLC. Following the SEC approval of competing stock exchange IEX in 2016, NYSE MKT rebranded as NYSE American and introduced a 350-microsecond delay in trading, referred to as a "speed bump", which is also present on the IEX. History The Curb market The exchange grew out of the loosely organized curb market of curbstone brokers on Broad Street in Manhattan. Efforts to organize and standardize the market started early ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranki ...
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Warehouse
A warehouse is a building for storing goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial parks on the outskirts of cities, towns, or villages. Warehouses usually have loading docks to load and unload goods from trucks. Sometimes warehouses are designed for the loading and unloading of goods directly from railways, airports, or seaports. They often have cranes and forklifts for moving goods, which are usually placed on ISO standard pallets and then loaded into pallet racks. Stored goods can include any raw materials, packing materials, spare parts, components, or finished goods associated with agriculture, manufacturing, and production. In India and Hong Kong, a warehouse may be referred to as a "godown". There are also godowns in the Shanghai Bund. History Prehistory and ancient history A warehouse can be defined functionally as a building in whic ...
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