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:
“At present cats have more purchasing power and influence than the poor of this planet. Accidents of geography and colonial history should no longer determine who gets the fish.”
—Derek Wall (b. 1965)
“It gives me the greatest pleasure to say, as I do from the bottom of my heart, that never in the history of the country, in any crisis and under any conditions, have our Jewish fellow citizens failed to live up to the highest standards of citizenship and patriotism.”
—William Howard Taft (1857–1930)
“Let it suffice that in the light of these two facts, namely, that the mind is One, and that nature is its correlative, history is to be read and written.”
—Ralph Waldo Emerson (1803–1882)