American Stores
American Stores Company was an American public corporation and a holding company which ran chains of supermarkets and drugstores in the United States from 1917 through 1999. The company was incorporated in 1917 when The Acme Tea Company merged with four small Philadelphia, Pennsylvania area grocery stores (Child's, George Dunlap, Bell Company and A House That Quality Built) to form American Stores. In the following eight decades, the company would expand to 1,575 food and drugstores in 38 states with $20 billion in annual sales in 1998.
Read more about American Stores: History, Acquisition By Albertsons, 2006 Albertsons Break-up, Alumni Information, External References
Famous quotes containing the words american and/or stores:
“I am firmly opposed to the government entering into any business the major purpose of which is competition with our citizens ... for the Federal Government deliberately to go out to build up and expand ... a power and manufacturing business is to break down the initiative and enterprise of the American people; it is the destruction of equality of opportunity amongst our people, it is the negation of the ideals upon which our civilization has been based.”
—Herbert Hoover (1874–1964)
“When their stores are full, idiots are considered wise.”
—Punjabi proverb, trans. by Gurinder Singh Mann.