Food Fair - Timeline

Timeline

• 1920s - Food Fair Stores founded by Russian immigrant Samuel N. Friedland in Harrisburg, Pennsylvania.

• 1957 - Food Fair has 275 stores.

• 1958 - Food Fair purchases 40-store Jacksonville, Florida based Setzer's Supermarkets.

• 1965 - Acquires J.M. Fields Department Stores. Also, the original ABC version of Supermarket Sweep debuts, taping at various Food Fair locations. Bill Malone hosted.

• mid-1960s - Acquires Best Markets and Pantry Pride private label brand, launches Pantry Pride branded discount supermarkets soon after

• 1967(?)- Purchases Fox Supermarkets in California and Nevada.

• 1972(?)- Divests Fox Supermarkets

• 1976 - Purchased Hills Supermarkets (NY)

• 1976 - Remaining 17 of bankrupt Penn Fruit's Philadelphia area stores are acquired by Food Fair.

• 1978 - Enters Chapter 11 Bankruptcy Protection. Friedland family gives up control of the company.

• 1981 - Exits Chapter 11 bankruptcy, re-organizes with new corporate name: Pantry Pride Stores, Inc., and moves company headquarters to Fort Lauderdale, FL.

• 1983-84 Sells last two distribution centers to Supervalu, who in turn sold them to Malone and Hyde and Winn-Dixie.

• 1984 - Pantry Pride operates 122 supermarkets in Florida, southern Georgia, the Tidewater region of Virginia, and the Bahamas.

• 1984 - Purchases Rhode Island based Adams/Brooks Drug Stores (approx. 400 drug stores in the northeast, principally in New England).

• 1984 - Purchases Devon Stores Corp., a 61-store home center chain with locations near U.S. military bases. Sells Virginia division to A&P.

• 1985 - Acquires Revlon Corp. as a holding company in Ronald Perelman's hostile takeover bid.

• 1985 - Samuel Friedland died at age 88 in Miami Beach, FL.

• 1986 - With only a handful of stores (southern Florida), Pantry Pride sells its remaining stores to Gristedes Supermarkets (NY) chairman John Catsimatidis. Now out of the retail grocery business, corporate name is changed to The Revlon Group, and moves corporate headquarters from Fort Lauderdale to New York.

• 1988 - Catsimatidis takes on Fleming Companies as a partner after Fleming purchases Malone & Hyde.

• 1991 - Last supermarket opened (Pantry Pride Food Emporium) in Sunny Isles, FL., most other stores are renamed Woolley's.

• 1993 - All remaining Pantry Pride/Woolley's Supermarkets are sold to Fleming.