History
In 1932, Joseph E. Grosberg, together with Russian Jewish immigrants Bernard and William Golub, partners in the Grosberg-Golub Corporation, opened their first supermarket (initially called Public Service Market) in Green Island, New York, followed by stores in Watervliet and Schenectady. They gave all three stores the name Central Market. The concept was a success and they continued to open many more stores in the region. In 1943, the Golub brothers bought out Joseph Grosberg's share of the company and formed the present parent company, the Golub Corporation. In 1951, they were one of the first grocery chains in the country to issue the well-known S&H Green Trading Stamps.
In the fall of 1973, Central Market changed its operating strategy. The chain dropped Green Stamps, slashed prices, and to reflect this new strategy changed the stores' name to Price Chopper (The name "Central Market" is now used as their upscale house brand, as well as for the floral departments). Since then Price Chopper has continued to grow, opening new stores and upgrading old ones.
Read more about this topic: Price Chopper Supermarkets
Famous quotes containing the word history:
“As I am, so shall I associate, and so shall I act; Caesar’s history will paint out Caesar.”
—Ralph Waldo Emerson (1803–1882)
“Postmodernism is, almost by definition, a transitional cusp of social, cultural, economic and ideological history when modernism’s high-minded principles and preoccupations have ceased to function, but before they have been replaced with a totally new system of values. It represents a moment of suspension before the batteries are recharged for the new millennium, an acknowledgment that preceding the future is a strange and hybrid interregnum that might be called the last gasp of the past.”
—Gilbert Adair, British author, critic. Sunday Times: Books (London, April 21, 1991)
“All things are moral. That soul, which within us is a sentiment, outside of us is a law. We feel its inspiration; out there in history we can see its fatal strength.”
—Ralph Waldo Emerson (1803–1882)