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Big Bear Stores
Big Bear Stores was an American regional supermarket chain operating in the U.S. states of Ohio and West Virginia between 1933 and 2004. The company was founded in Columbus, Ohio, and was headquartered there until its acquisition by Syracuse, New York–based Penn Traffic in 1989. Upon Penn Traffic's bankruptcy in 2004, all remaining Big Bear Stores closed. History Big Bear Stores was founded in November 1933 by Wayne E. Brown. The first Big Bear Store opened on February 15, 1934, on West Lane Avenue in Columbus, Ohio, in what was once a dance hall, a roller skating rink and finally a tan bark ring for horse shows. This opening marked the beginning of self-service supermarketing in the Midwest. This first store was adjacent to the campus of Ohio State University (now the site of the Riverwatch Tower apartments); within a year, a second store opened in Columbus. By the end of the second year, two more stores had opened, followed by stores in Lancaster, Ohio, Lancaster, Marion, Oh ...
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Supermarket
A supermarket is a self-service Retail#Types of outlets, shop offering a wide variety of food, Drink, beverages and Household goods, household products, organized into sections. Strictly speaking, a supermarket is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or Big-box store, big-box market. In everyday American English usage, however, "grocery store" is often casually used as a synonym for "supermarket". The supermarket retail format first appeared around 1930 in the United States as the culmination of almost two decades of retail innovations, and began to spread to other countries after extensive worldwide publicity in 1956. The supermarket typically has places for fresh meat, fresh produce, Dairy product, dairy, Delicatessen, deli items, baked goods, and similar foodstuffs. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenwa ...
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Portsmouth, Ohio
Portsmouth is a city in Scioto County, Ohio, United States, and its county seat. Located in southern Ohio south of Chillicothe, Ohio, Chillicothe, it lies on the north bank of the Ohio River, across from Kentucky and just east of the mouth of the Scioto River. The population was 18,252 at the 2020 United States census, 2020 census. It is the principal city of the Micropolitan statistical area, Portsmouth micropolitan area. History Foundation The area was occupied by Native Americans as early as 100 BC, as indicated by the Portsmouth Earthworks, a ceremonial center built by the Ohio Hopewell culture between 100 and 500 AD. According to early 20th-century historian Charles Augustus Hanna, a Shawnee village was founded at the site of modern-day Portsmouth in late 1758, following the abandonment of Lower Shawneetown. European-Americans began to settle in the 1790s after the American Revolutionary War, and the small town of Alexandria was founded. Located at the confluence, Alexandr ...
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Giant Eagle
Giant Eagle, Inc. is an American supermarket chain with stores in Pennsylvania, Ohio, West Virginia, Indiana, and Maryland. The company was founded in 1918 in Pittsburgh, Pennsylvania, and incorporated on August 31, 1931. ''Supermarket News'' ranked Giant Eagle 21st on the "Top 75 North American Food Retailers" based on sales of $11 billion. In 2021, it was the 36th-largest privately held company, as determined by Forbes. Based on 2005 revenue, Giant Eagle is the 49th-largest retailer in the United States. As of summer 2014, the company had approximately $9.9 billion in annual sales. As of fall 2023, Giant Eagle, Inc. had 496 stores across the portfolio: 211 supermarkets (Giant Eagle, Giant Eagle Express, Market District, Market District Express) 8 standalone pharmacies, 274 fuel station/convenience stores under the GetGo banner, and three standalone car wash under the WetGo banner. The company is headquartered in an office park in Cranberry Township, Butler County, Pennsylvani ...
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American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes ''The Business Journals'', which contains local business news for 44 markets in the United States with each market's edition named for that market, and also publishes '' Hemmings Motor News'' and '' Inside Lacrosse''. The company is owned by Advance Publications and receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website, using the overarching online title ''The Business Journal'', contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. it receives over 3.6 million readers each week. History American City Business Journals, Inc. was founded in 1982 by Mike K. Russell with the launch of the ''K ...
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Vons
The Vons Companies, Inc. is a supermarket chain owned by Albertsons, with most of its locations in Southern California and the Las Vegas Valley. It is headquartered in Fullerton, California, and operates stores under the Vons and Pavilions banners. It was owned by Safeway Inc. and headquartered in Arcadia, California, before that company was acquired by and folded into Albertsons along with all of their subsidiaries, including Vons. History Beginning Charles Von der Ahe opened a 20-foot wide store named Von's Groceteria in downtown Los Angeles, California, in 1906. The business had grown to 87 stores by 1928, when he sold the operation to MacMarr Stores. MacMarr was acquired by M.B. Skaggs' Safeway in 1930. In 1932, Von der Ahe's sons Theodore and Wilfred Von der Ahe restarted the Von's Grocery Company. In 1948, Von's opened a pioneering store which offered self-service, pre-packaged produce, meat, and deli items. By 1958, it had doubled in size to 27 stores, the third- ...
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Meijer
Meijer Inc. (, ) is an American supercenter chain that primarily operates throughout the Midwestern United States. Its corporate headquarters are in Walker, Michigan. Founded in 1934 as a supermarket chain, Meijer is credited with pioneering the modern supercenter concept in 1962. About half of the company's 259 stores are located in Michigan; the others are in Illinois, Indiana, Kentucky, Ohio and Wisconsin. The chain is ranked by Forbes as the 14th-largest private company in the United States, and is the country's 23rd-largest retailer by revenue as of 2023. History Meijer was founded as Meijer's in Greenville, Michigan, in 1934 by Hendrik Meijer (businessman), Hendrik Meijer, a Dutch immigrant. Meijer was a local barber who entered the grocery business during the Great Depression. His first employees included his 14-year-old son, Fred Meijer (businessman), Frederik Meijer, who later became chairman of the company. The current co-chairmen, brothers Hank and Doug Meijer, are ...
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Cub Foods
Cub is an American supermarket chain. It operates stores in Minnesota and Illinois. The company is a wholly owned subsidiary of United Natural Foods, based in Providence, Rhode Island. History Beginnings Cub Foods was founded by Minnesota-based Hooleys Supermarkets in 1968 in the riverside city of Stillwater, Minnesota, Stillwater by brothers Charles and Jack Hooley, brother-in-law Robert Thueson, and Culver Davis Jr. The name “CUB” was Culver Davis Jr's nickname, and from it they coined the acronym “Consumers United for Buying”, and Cub Foods was one of the first total discount food stores in the United States. The chain was bought by Minnesota-based SuperValu in 1980 with five stores in the Minneapolis-Saint Paul, Twin Cities. After the purchase, the chain expanded to 83 stores in three states, at least 10 of which are in the Twin Cities. Until 1999, WinCo Foods operated several Cub Foods stores. Cub Foods began operations in Colorado in 1986, but shuttered their nine s ...
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Leveraged Buyout
A leveraged buyout (LBO) is the acquisition of a company using a significant proportion of borrowed money (Leverage (finance), leverage) to fund the acquisition with the remainder of the purchase price funded with private equity. The assets of the acquired company are often used as collateral for the financing, along with any equity contributed by the acquiror. While corporate acquisitions often employ leverage to finance the purchase of the target, the term "leveraged buyout" is typically only employed when the acquiror is a financial sponsor (a private equity investment firm). The use of debt, which normally has a lower cost of capital than Equity (finance), equity, serves to reduce the overall cost of financing for the acquisition and enhance returns for the private equity investor. The equity investor can increase their projected returns by employing more leverage, creating incentives to maximize the proportion of debt relative to equity (i.e., debt-to-equity ratio). Whi ...
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Marble Cliff, Ohio
Marble Cliff is a village in Franklin County, Ohio, United States. The population was 634 at the 2020 census. Marble Cliff was one of the first suburbs of Columbus, Ohio, settled as a community in 1890 and incorporated as the "Hamlet of Marble Cliff" in 1901. It took its name from the Marble Cliff Quarry Co. (still in use today), and at this time stretched all the way from the Scioto River to the Olentangy River. In 1902, it detached all land but its present area, and the area that separated became Grandview Heights in 1906. The village was named "Arlington" for a short time, which led its new neighbor to the north, incorporated in 1918, to name itself Upper Arlington. Marble Cliff is bordered by the cities of Upper Arlington, Grandview Heights, and Columbus. Most of the village's public services are provided by contract with Grandview Heights, including police and fire, and it is included in the Grandview Heights School District and public library system. Geography Accordin ...
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Grandview Heights, Ohio
Grandview Heights is a city in Franklin County, Ohio, United States. The population was 8,085 at the 2020 census. History The city was originally part of Marble Cliff, one of the first suburbs of Columbus, which settled as a community in 1890 and incorporated as the "Hamlet of Marble Cliff" in 1901. Grandview Heights became a separate village in 1906, and a city in 1931. Bank Block The Bank Block is a historic strip mall along Grandview Avenue, the main commercial road. One of the first to include a parking lot, the Bank Block was built in 1927. It first included a grocery store, a pharmacy, and a bank among a total of 12 storefronts. Geography According to the United States Census Bureau, the city has a total area of , all land. Demographics 2010 census As of the census of 2010, there were 6,536 people, 2,927 households, and 1,680 families living in the city. The population density was . There were 3,087 housing units at an average density of . The racial makeup of the ...
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Credit Union
A credit union is a member-owned nonprofit organization, nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (checking account, cheque accounts), credit cards, Credit (finance), credit, share term certificates (Certificate of deposit, certificates of deposit), and online banking. Normally, only a member of a credit union may deposit account, deposit or loan, borrow money. In several African countries, credit unions are commonly referred to as ''SACCOs'' (''savings and credit co-operatives''). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 375 million, with over 100 millio ...
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Kroger
The Kroger Company, or simply Kroger, is an American retail company that operates (either directly or through its subsidiaries) supermarkets and multi-department stores throughout the United States. Founded by Bernard Kroger in 1883 in Cincinnati, Ohio, Kroger operates 2,719 grocery retail stores under its various banners and divisions in 35 states (mostly in the South, Midwest and West) and the District of Columbia. Its store formats include 134 multi-department stores, 2,273 combo stores, 191 marketplace stores, and 121 price-impact warehouse stores. Kroger operates 33 manufacturing plants, 1,642 supermarket fuel centers, 2,254 pharmacies, 225 The Little Clinic in-store medical clinics, and 127 jewelry stores (782 convenience stores were sold to EG Group in 2018). Kroger's headquarters are located in downtown Cincinnati. The Kroger Company is the largest supermarket operator in the U.S. by revenue and the country's fifth-largest general retailer. The company is one ...
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