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Grand Union (supermarket)
Grand Union Supermarkets, later known as Grand Union Family Markets and often referred to simply as Grand Union, is an American chain of grocery stores that does business in upstate New York and Vermont, and used to do business throughout most of the northeastern United States. It operated stores in other areas of the country including the midwestern and southeastern states, and internationally in the Caribbean and Canada. The company was founded and headquartered in Scranton, Pennsylvania, and moved to Brooklyn, New York in the early 20th century. Grand Union moved again to Elmwood Park, New Jersey and finally to Wayne, New Jersey before the company was forced into Chapter 7 bankruptcy in 2001 and sold to C&S Wholesale Grocers. After C&S bought Grand Union it down-scaled most of its operations, keeping only a number of stores in upstate New York and New England open. The chain was sold to Tops Friendly Markets in 2012; in 2013 Tops rebranded the remaining Grand Union stores with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Keansburg, New Jersey
Keansburg (, Felzenberg, Alvin''Governor Tom Kean: From the New Jersey Statehouse to the 9-11 Commission'' p. 5. Rutgers University Press, 2006. . Accessed July 25, 2012. "In 1884, after congressman and future U.S. senator John Kean, Tom Kean's great-uncle, obtained a post office for a growing Monmouth County community in his district, the village named itself Keansburg in his honor. By the time it incorporated as a borough in 1917, local residents had taken to pronouncing it ''Keensburg''.") is a borough in Monmouth County, in the U.S. state of New Jersey. At the 2020 United States census, its population was 9,755, a drop of 350 from the 2010 census enumeration of 10,105,DP-1 - Profile of General Po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Target Corporation
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 Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Weis Markets
Weis Markets, Inc. ( doing business as Weis and stylized as weis) is a Mid-Atlantic food retailer headquartered in Sunbury, Pennsylvania. It currently operates 199 stores with over 23,000 employees in Pennsylvania, Maryland, New York, New Jersey, West Virginia, Virginia, and Delaware. History Weis Markets was founded as Weis Pure Foods in 1912 in Sunbury, Pennsylvania, by two brothers, Harry and Sigmund Weis. Their store has been noted as "revolutionary", as it did not operate on credit; sales were only for cash. At the time, similar stores operated on credit, allowing customers to build a tab that would be paid periodically. Cash sales were a sign of a growing working class earning steady paychecks, and they also helped lower prices by up to 25%. The second Weis store opened in 1915 in Harrisburg, Pennsylvania. Harrisburg would remain an important market for Weis, helping to anchor the central Pennsylvania region that Weis would dominate for decades. The Weis brothers exp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Star Markets
Big Star was an American supermarket chain founded in 1937 as part of the David Pender Grocery Company. History The Big Star stores were self-service supermarket operations which began to replace the small full-service stores Pender's had operated up to that point. By the late 1940s the entire company had rebranded under the Colonial Stores name. The Big Star name was revived around 1968 for a new discount chain owned by Colonial; eventually all stores were closed or converted to the Big Star name. Grand Union purchased the chain in 1978. The North Carolina, South Carolina, and Virginia stores were sold to Harris Teeter in 1988, while the Georgia stores were sold in 1992, with most of the Atlanta locations going to A&P. These stores were heavily remodeled, but eventually sold to Publix in 1999. Stores currently operating under the Big Star name in places like Alabama, Arkansas, Mississippi, and Tennessee, were part of a franchise operation that was never directly connected to t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sir James Goldsmith
Sir James Michael Goldsmith (26 February 1933 – 18 July 1997) was a French-British financier, tycoon''Billionaire: The Life and Times of Sir James Goldsmith'' by Ivan Fallon and politician who was a member of the Goldsmith family. His controversial business and finance career led to ongoing clashes with British media, frequently involving litigation or the threat of litigation. In 1994 he was elected to represent a French constituency as a Member of the European Parliament. He founded the short-lived Eurosceptic Referendum Party in the United Kingdom, which became an early campaigner for opposition to Britain's membership of the European Union. Early life Born in Paris, Goldsmith was the son of luxury hotel tycoon and former Conservative Member of Parliament (MP) Major Frank Goldsmith and his French wife Marcelle Mouiller, and younger brother of environmental campaigner Edward Goldsmith. Frank Goldsmith had previously changed the family name from the German ''Goldschmidt'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Raid
In business, a corporate raid is the process of buying a large stake in a corporation and then using shareholder voting rights to require the company to undertake novel measures designed to increase the share value, generally in opposition to the desires and practices of the corporation's current management. The measures might include replacing top executives, downsizing operations, or liquidating the company. Corporate raids were particularly common between the 1970s and the 1990s in the United States. By the end of the 1980s, management of many large publicly traded corporations had adopted legal countermeasures designed to thwart potential hostile takeovers and corporate raids, including poison pills, golden parachutes, and increases in debt levels on the company's balance sheet. In later years, some corporate raiding practices have been used by "activist shareholders", who purchase equity stakes in a corporation to influence its board of directors and put public pressure o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steinberg's (supermarket)
Steinberg's (renamed Steinberg in 1961) was a large family-owned Canadian grocery store chain that mainly operated in the province of Quebec and later Ontario. In addition to its flagship supermarket chain, the company operated several subsidiaries across the country. The company went bankrupt in 1992, three years after being sold to private interests, after 75 years in business. Beginning Steinberg's began as a grocery store founded in 1917 in Montreal by Jewish-Hungarian immigrant, Ida Steinberg. Her five sons, led by Sam Steinberg, grew the company from a tiny storefront on St. Lawrence Boulevard into the most popular and largest supermarket chain in Quebec. It was the first to create the "supermarket" concept in Quebec, in 1934, with expansions into Ontario (primarily the Ottawa area) and parts of New Brunswick. Expansion Steinberg's opened more stores in Montreal and Quebec over the years. Steinberg's entered the real estate market in 1952 under the name Ivanhoe Investm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Canada, it is Canada's most populous province, with 38.3 percent of the country's population, and is the second-largest province by total area (after Quebec). Ontario is Canada's fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included. It is home to the nation's capital city, Ottawa, and the nation's most populous city, Toronto, which is Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, and Quebec to the east and northeast, and to the south by the U.S. states of (from west to east) Minnesota, Michigan, Ohio, Pennsylvania, and New York. Almost all of Ontario's border with the United St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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