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Waldbaum's
Waldbaum's was a supermarket chain with stores in the New York City boroughs of Brooklyn, Queens, Staten Island, and the Bronx; and in Nassau, Suffolk counties and Upstate New York. The chain also for a time operated stores in New Jersey, Connecticut, and Massachusetts. Founded in 1904, Waldbaum's was one of seven "banner store chains" owned and operated by The Great Atlantic & Pacific Tea Company (A&P), which acquired the chain from its founding family in 1986. Waldbaum's operated full-service traditional supermarkets with varying footprints and store models and its popular marquee in certain aisles along with good food and reliable service. At its peak in the 1980s, it was the 12th largest supermarket chain in the United States and had 140 stores throughout the New York metropolitan area. All Waldbaum's stores featured fresh meats and produce. 62 stores had bakeries and 36 offered pharmacy service. As with other A&P-branded stores, Waldbaum's offered in-house products under the ...
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The Great Atlantic & Pacific Tea Company
The Great Atlantic & Pacific Tea Company, better known as A&P, was an American chain of grocery stores that operated from 1859 to 2015. From 1915 through 1975, A&P was the largest grocery retailer in the United States (and, until 1965, the largest U.S. retailer of any kind). A&P was considered an American icon that, according to ''The Wall Street Journal'', "was as well known as McDonald's or Google is today".. At its peak in the 1940s, A&P captured 10% of total US grocery spending. Known for innovation, A&P improved consumer's nutritional habits by making available a vast assortment of food products at much lower costs. Until 1982, A&P also was a large food manufacturer. A&P was founded in 1859 by George Gilman as "Gilman & Company", who opened a small chain of retail tea and coffee stores in New York City, and then expanded to a national mail order business. The firm grew to 70 stores by 1878; by 1900, it operated almost 200 stores. A&P grew dramatically by introducing the ...
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Best Yet Market
Best Market was a family-owned, regional supermarket chain with 30 stores in New York, Connecticut, and New Jersey. The company was headquartered in Bethpage, New York, and had been owned by the Raitses family since the company's first store opened in Lake Ronkonkoma, New York, in 1994."New Supermarket Chain Comes to CT" Fox CT
Retrieved November 4, 2013
"About Best Yet Market," Best Yet Market Website
, Retrieved October 18, 2013.
Best Market focused on fresh foods, especially produce, meat, seafood, deli and bakery, but also sold traditional grocery store items.
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Stop & Shop
The Stop & Shop Supermarket Company, known as Stop & Shop, is a regional chain of supermarkets located in the northeastern United States. From its beginnings in 1892 as a small grocery store, it has grown to include 406 stores chain-wide. Stop & Shop has been a wholly owned subsidiary of the Dutch supermarket operator Ahold since 1995 and was part of the Stop & Shop/Giant-Landover division with sister chain Giant-Landover between 2004 and 2011. Ahold announced on June 24, 2015, that it would merge with Brussels-based Delhaize Group, a Belgian grocery store conglomerate whose U.S. grocery operations included Hannaford of Scarborough, Maine and Food Lion of Salisbury, North Carolina. The merger was completed on July 24, 2016, with the new holding company being named Ahold Delhaize, and it is now a sister company to formerly competing New England supermarket chain Hannaford, along with that of Food Lion. History Beginning Stop & Shop's roots can be traced back to 1892, whe ...
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Julia Waldbaum
Julia Waldbaum (July 4, 1897 – September 30, 1996) was an American businesswoman and philanthropist, a co-owner of Waldbaum's supermarket chain and the company's secretary.Naomi GeschwindJulia Waldbaum Hyman Encyclopedia of Jewish Women Biography Julia Leffel was born in Manhattan and raised in Bedford–Stuyvesant, Brooklyn. She was the third of six children. Her parents were Anna and Harry Leffel. She married Israel (aka Izzy) Waldbaum when she was 21, and he was 28. He owned a grocery store, and she worked there, they brought three children together. Lawrence Van GelderJulia Waldbaum, 99, Owner Of a Chain of Supermarkets New York Times, October 3, 1996 In 1947, at age 55, her husband had died. At the time, the family-owned a chain of seven stores. In 1986, A&P bought the chain from the family. At that year, the chain consisted of 140 stores and had a revenue of $1.37 billion. In the 1960s, the chain expanded significantly and sold 400 products under the Waldbaum's label; ...
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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. 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 publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 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 ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ...
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Staten Island
Staten Island ( ) is a Boroughs of New York City, borough of New York City, coextensive with Richmond County, in the U.S. state of New York (state), New York. Located in the city's southwest portion, the borough is separated from New Jersey by the Arthur Kill and the Kill Van Kull and from the rest of New York by New York Bay. With a population of 495,747 in the 2020 United States Census, 2020 Census, Staten Island is the least populated borough but the third largest in land area at . A home to the Lenape indigenous people, the island was settled by Dutch colonists in the 17th century. It was one of the 12 original counties of New York state. Staten Island was City of Greater New York, consolidated with New York City in 1898. It was formally known as the Borough of Richmond until 1975, when its name was changed to Borough of Staten Island. Staten Island has sometimes been called "the forgotten borough" by inhabitants who feel neglected by the Government of New York City, city ...
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Wakefern Food Corporation
Wakefern Food Corporation is an American company that was founded in 1946 and is based in Keasbey, New Jersey. It is the largest retailers' cooperative group of supermarkets and the fourth-largest cooperative of any kind in the United States. Wakefern was the largest private employer in New Jersey in 2018, with 40,200 employees. As of 2021, Wakefern has fifty member companies who own and operate 362 supermarkets, under the brands of ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage, and Fairway Market in New Jersey, New York, Connecticut, Pennsylvania, Maryland, Delaware, Massachusetts, New Hampshire, Rhode Island, and Virginia. As of September 2022, Wakefern owned 365 supermarkets.https://www.supermarketnews.com/retail-financial/wakefern-sees-sales-rebound-fiscal-2022. Retrieved October 28, 2022 History Meaning of the Wakefern name The name "Wakefern" is a portmanteau of the founders' names: W for Louis Weiss, A for Sam and Al Aidekman, ...
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Key Food
Key Food Stores Co-op, Inc. is a cooperative of independently owned supermarkets, founded in Brooklyn, New York, on April 20, 1937. Its stores are found in Connecticut, Massachusetts, New Jersey, New York, Pennsylvania, and Florida. The headquarters for the Key Food cooperative is in Matawan, New Jersey; the Chief Executive is Dean Janeway. The cooperative also operates stores under the Key Food Marketplace, Key Fresh & Natural, Food Dynasty, Urban Market, Food World, Food Universe Marketplace, SuperFresh, and The Food Emporium banners. In November 2015, the company completed the purchase of 23 stores from the moribund A&P, which was in bankruptcy (and about to shut down), bringing the total number of stores under its management to 212. The stores included the branches of Pathmark, A&P, Waldbaums, Food Emporium, and Food Basics USA. Two of the stores are to be operated under corporate rather than cooperative ownership (a first for the company). The acquisition made it the l ...
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Chapter 11, Title 11, United States Code
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 ...
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Flushing, Queens
Flushing is a neighborhood in the north-central portion of the New York City borough of Queens. The neighborhood is the fourth-largest central business district in New York City. Downtown Flushing is a major commercial and retail area, and the intersection of Main Street and Roosevelt Avenue at its core is the third-busiest in New York City, behind Times Square and Herald Square. Flushing was established as a settlement of New Netherland on October 10, 1645, on the eastern bank of Flushing Creek. It was named Vlissingen, after the Dutch city of Vlissingen. The English took control of New Amsterdam in 1664, and when Queens County was established in 1683, the "Town of Flushing" was one of the original five towns of Queens. In 1898, Flushing was consolidated into the City of New York. Development came in the early 20th century with the construction of bridges and public transportation. An immigrant population, composed mostly of Chinese and Koreans, settled in Flushing in the ...
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New York University
New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin. In 1832, the non-denominational all-male institution began its first classes near City Hall based on a curriculum focused on a secular education. The university moved in 1833 and has maintained its main campus in Greenwich Village surrounding Washington Square Park. Since then, the university has added an engineering school in Brooklyn's MetroTech Center and graduate schools throughout Manhattan. NYU has become the largest private university in the United States by enrollment, with a total of 51,848 enrolled students, including 26,733 undergraduate students and 25,115 graduate students, in 2019. NYU also receives the most applications of any private institution in the United States and admission is considered highly selective. NYU is organized ...
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