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Alex Lee is ranked 139 on the list of largest privately held companies in the United States, as listed by Forbes. [1] Alex Lee owns the Lowes Foods supermarket chain as well as Merchants Distributors, Inc., [2] which supplies more than 600 stores located in nine states, mostly in the Southeast.
In 1997, MDI parent company Alex Lee Inc. bought Byrd's Food Stores Inc. of Burlington, North Carolina, which had 43 stores. Lowes Foods had 56 stores, few in the area served by Byrd's. The Byrd's stores became Lowes Foods stores. [5] [6] In 2000, Delhaize America had to sell 38 Hannaford stores to satisfy antitrust concerns.
Alex Lee Inc. (through Lowes Foods: Website: www.kjsmarket.com: ... "KJ's is opening 2 stores". August 12, 2014. Archived from the original on August 19, 2016
The discount chain said it agreed to a sale transaction with an investment firm which would allow hundreds of stores to stay open by transferring its property to other retailers and companies.
Dave's was founded in 1930 by Alex Saltzman, who opened a small produce wagon on Payne Avenue. Shortly after that, the Dave's expanded to become a supermarket. Ownership passed through five generations, from Alex to his son David (after whom the store is named), to his son Burton, to his sons Dan and Steve, and his sons Aaron and David.
On September 1, 2020, it was announced that Southeastern Grocers was selling 20 BI-LO stores in South Carolina and Georgia to Alex Lee, Inc who would rebrand the stores as KJ'S Market IGA and Lowes Foods. In the same announcement, 2 additional BI-LO and one Harvey's Supermarket location in South Carolina would be sold to independent operator B ...
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Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...