Major Company Profiles
A&P (The Great Atlantic & Pacific Tea Company, Inc.) |
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A&P was founded in 1859 in New York City. At its peak in the 1930s it operated 16,000 stores and remained the number one retailer in the US through the 1950s. By the 1960s local and regional competition began to push the company from some markets and its quantity of outlets has declined steadily to approximately 400 stores in nine states today. New Jersey and New York are mainstays of its operation. One of its top-performing stores by volume is in Midland Park, NJ. The company also operates The Food Emporium, Food Basics, Waldbaum and Super Fresh chains among several others. A&P also acquired Pathmark Stores for about $1.3B. The company is majority owned by Tengelmann Group of Germany. However, Yucaipa, a California company, took a 27% stake in the company in 2009. After a $876M loss in fiscal 2009 and further losses of 122.6M in fiscal 1st Quarter 2010, the company brought in its fourth new CEO in under a year, Sam Martin from Office Max, to turn its financial performance around.
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Food Basics |
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Food Basics is a division of A&P (The Great Atlantic and Pacific Tea
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The Food Emporium |
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The Food Emporium is a division of A&P (The Great Atlantic and
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Foodtown |
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Foodtown is a cooperative comprising individually owned or groups of
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Gristede’s Foods, Inc.
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Two brothers, Dietrich and Charles Gristede, founded Gristede’s in 1888
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Kings Super Markets, Inc. |
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Kings was founded in 1936 and has grown to more than 20 stores in New
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Food Basics |
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Food Basics is a division of A&P (The Great Atlantic and Pacific Tea
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The Food Emporium |
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The Food Emporium is a division of A&P (The Great Atlantic and
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Pathmark Stores, Inc. |
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Pathmark was born in 1968 when Supermarkets General Corporation left the
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ShopRite Supermarkets/ Wakefern Food Corporation |
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ShopRite Supermarkets is the brand moniker of the largest retailer owned
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The Stop & Shop Supermarket Company |
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Stop & Shop was founded as the Economy Grocery Stores Company in
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Waldbaum, Inc. |
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Waldbaum’s began in 1904 with a shop opened by Joseph Waldbaum in
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