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Stop & Shop
The Stop & Shop Supermarket Company, known as Stop & Shop, is an American regional chain of supermarkets located in the northeastern United States. From its beginnings in 1892 as a small grocery store, it has grown to include a 365-store chain.
Stop & Shop has been a wholly owned subsidiary of the Dutch supermarket operator Ahold since 1995 and was part of the Stop & Shop/Giant-Landover division with sister chain Giant-Landover between 2004 and 2011. Ahold announced on June 24, 2015, that it would merge with Brussels-based Delhaize Group, a Belgian grocery store conglomerate whose U.S. grocery operations included Hannaford of Scarborough, Maine and Food Lion of Salisbury, North Carolina. The merger was completed on July 24, 2016, with the new holding company being named Ahold Delhaize, and it is now a sister company to the formerly competing New England supermarket chain Hannaford, along with Food Lion.
Stop & Shop's roots can be traced back to 1892, when Solomon and Jeanie Rabinowitz opened a grocery shop, called the Greenie Store, at 134 Salem Street, in the North End of Boston, Massachusetts. This store operated at this location until 1908. According to the company's web site, Stop & Shop was founded in 1914 in Somerville, Massachusetts, by the Rabinowitz family as the Economy Grocery Stores Company. Four years later, the store adopted the new self-service supermarket model recently pioneered by Piggly Wiggly. A second store opened later in 1914, several stores opened a year later and by 1917, the chain had 15 stores. Initially, the stores sold only grocery items, but soon after added meats, produce, milk, dairy, and some frozen foods. Like A & P, they were pioneers of the modern grocery store, selling all types of food items under one roof. Stores were 10,000 to 15,000 square feet (930 to 1,390 m2) and in downtown and inner city areas in the Boston and Springfield metro areas. The chain had grown to 86 supermarkets by 1946, when the name was changed to Stop & Shop, Inc.
In 1959, Stop & Shop had 100 stores by opening in Natick, Massachusetts. In 1961, Stop & Shop bought the now-defunct department store chain Bradlees, based in Connecticut. Later, in the 60s, they bought the three-store chain ORBIT'S stores and merged them into Bradlees. Stop & Shop stores in Massachusetts were opening in suburban areas and in shopping plazas. In the early 1950s, Stop & Shop entered Connecticut and Rhode Island, in the early 1960s in New York, and in the late 1960s in New Jersey. With Bradlees in the company, Stop & Shop began offering non-food items in their supermarkets. In many areas, Stop & Shop and Bradlees were adjacent, allowing one-stop shopping; several of these combination stores were designated Family Centers. Stop & Shop also operated the Medi-Mart pharmacy chain and the Perkins Tobacco chain.
In 1980, Stop & Shop had supermarkets in Massachusetts, Connecticut, Rhode Island, New Jersey, and southern New York. The stores were then typical in size at about 30,000 square feet (2,800 m2) on average. Many were next door to their then-co-owned Bradlees Department stores. In the New York and Philadelphia metro areas, Stop & Shop was not able to compete successfully. In 1982, Stop & Shop exited New Jersey, selling most of the stores that were profitable to A&P, which would use these stores to replace their aging fleet of stores. A few stores were sold to ShopRite owners as well as Foodtown owners. Other stores were closed and converted to other uses. In New York State, they sold some of their stores to A&P while selling others to Grand Union and closing others, converting them also to other uses.
In 1982, Stop & Shop built its first superstore in the Pembroke, Massachusetts, area. Superstores were 45,000 to 80,000 square feet (4,200 to 7,400 m2). In addition to traditional supermarket offerings, these stores featured bakeries, pharmacies, moderate selections of general merchandise one would not expect to find at a supermarket, expanded deli departments, cafes, and a salad bar. Some of these stores would feature a bank, expanded liquor and beer, video rentals, etc. Throughout the 1980s and into the 1990s, the traditional supermarkets were converted into superstores. Some were remodeled, others were torn down, and a new store was rebuilt in the same location, while others were closed and replaced with a superstore within two miles.
In early 1985, Stop & Shop bought the small discount store chain Almy's. The remaining Almy's locations closed in 1987.
In the late 1980s, following a hostile takeover bid by Herbert Haft's Dart Group, The Stop & Shop Supermarket Company was acquired by leveraged buyout specialists KKR and was taken private. Shortly thereafter, Medi-Mart was sold to Walgreens; Bradlees was spun off as its own corporation. After several years, while KKR explored merger possibilities with Safeway (which it also controlled at the time), Stop & Shop was sold in a public offering.
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Stop & Shop
The Stop & Shop Supermarket Company, known as Stop & Shop, is an American regional chain of supermarkets located in the northeastern United States. From its beginnings in 1892 as a small grocery store, it has grown to include a 365-store chain.
Stop & Shop has been a wholly owned subsidiary of the Dutch supermarket operator Ahold since 1995 and was part of the Stop & Shop/Giant-Landover division with sister chain Giant-Landover between 2004 and 2011. Ahold announced on June 24, 2015, that it would merge with Brussels-based Delhaize Group, a Belgian grocery store conglomerate whose U.S. grocery operations included Hannaford of Scarborough, Maine and Food Lion of Salisbury, North Carolina. The merger was completed on July 24, 2016, with the new holding company being named Ahold Delhaize, and it is now a sister company to the formerly competing New England supermarket chain Hannaford, along with Food Lion.
Stop & Shop's roots can be traced back to 1892, when Solomon and Jeanie Rabinowitz opened a grocery shop, called the Greenie Store, at 134 Salem Street, in the North End of Boston, Massachusetts. This store operated at this location until 1908. According to the company's web site, Stop & Shop was founded in 1914 in Somerville, Massachusetts, by the Rabinowitz family as the Economy Grocery Stores Company. Four years later, the store adopted the new self-service supermarket model recently pioneered by Piggly Wiggly. A second store opened later in 1914, several stores opened a year later and by 1917, the chain had 15 stores. Initially, the stores sold only grocery items, but soon after added meats, produce, milk, dairy, and some frozen foods. Like A & P, they were pioneers of the modern grocery store, selling all types of food items under one roof. Stores were 10,000 to 15,000 square feet (930 to 1,390 m2) and in downtown and inner city areas in the Boston and Springfield metro areas. The chain had grown to 86 supermarkets by 1946, when the name was changed to Stop & Shop, Inc.
In 1959, Stop & Shop had 100 stores by opening in Natick, Massachusetts. In 1961, Stop & Shop bought the now-defunct department store chain Bradlees, based in Connecticut. Later, in the 60s, they bought the three-store chain ORBIT'S stores and merged them into Bradlees. Stop & Shop stores in Massachusetts were opening in suburban areas and in shopping plazas. In the early 1950s, Stop & Shop entered Connecticut and Rhode Island, in the early 1960s in New York, and in the late 1960s in New Jersey. With Bradlees in the company, Stop & Shop began offering non-food items in their supermarkets. In many areas, Stop & Shop and Bradlees were adjacent, allowing one-stop shopping; several of these combination stores were designated Family Centers. Stop & Shop also operated the Medi-Mart pharmacy chain and the Perkins Tobacco chain.
In 1980, Stop & Shop had supermarkets in Massachusetts, Connecticut, Rhode Island, New Jersey, and southern New York. The stores were then typical in size at about 30,000 square feet (2,800 m2) on average. Many were next door to their then-co-owned Bradlees Department stores. In the New York and Philadelphia metro areas, Stop & Shop was not able to compete successfully. In 1982, Stop & Shop exited New Jersey, selling most of the stores that were profitable to A&P, which would use these stores to replace their aging fleet of stores. A few stores were sold to ShopRite owners as well as Foodtown owners. Other stores were closed and converted to other uses. In New York State, they sold some of their stores to A&P while selling others to Grand Union and closing others, converting them also to other uses.
In 1982, Stop & Shop built its first superstore in the Pembroke, Massachusetts, area. Superstores were 45,000 to 80,000 square feet (4,200 to 7,400 m2). In addition to traditional supermarket offerings, these stores featured bakeries, pharmacies, moderate selections of general merchandise one would not expect to find at a supermarket, expanded deli departments, cafes, and a salad bar. Some of these stores would feature a bank, expanded liquor and beer, video rentals, etc. Throughout the 1980s and into the 1990s, the traditional supermarkets were converted into superstores. Some were remodeled, others were torn down, and a new store was rebuilt in the same location, while others were closed and replaced with a superstore within two miles.
In early 1985, Stop & Shop bought the small discount store chain Almy's. The remaining Almy's locations closed in 1987.
In the late 1980s, following a hostile takeover bid by Herbert Haft's Dart Group, The Stop & Shop Supermarket Company was acquired by leveraged buyout specialists KKR and was taken private. Shortly thereafter, Medi-Mart was sold to Walgreens; Bradlees was spun off as its own corporation. After several years, while KKR explored merger possibilities with Safeway (which it also controlled at the time), Stop & Shop was sold in a public offering.
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