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Each was an independent grocer, owning one store each. The five grocers joined together to keep advertising costs low and pool their purchasing power. Three of the grocers remained one-supermarket operators while Hughes and Thompson formed a 50-50 corporation for joint expansion. Thompson and Hughes bought four stores as partners in the 1960s.
In 1994, Yucaipa Companies, then owner of the Alpha Beta chain in southern California, purchased the Ralphs Grocery Company. All existing Alpha Beta stores in Southern California were rebranded as Ralphs or Food 4 Less, [3] and the Alpha Beta name ceased to be used by September 1995.
Randalls is an American supermarket chain which operates 32 supermarkets in Texas under the Randalls and Flagship Randalls banners. The chain consists of 13 stores located around the Houston area and 15 stores located around the Austin area as of May 2020. [2]
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Kroger's $24.6-billion acquisition of Albertsons is the largest proposed supermarket merger in U.S. history. The FTC sues, alleging the deal is anti-competitive.
Ralphs Grocery Company was founded in 1873 in Los Angeles by George Albert Ralphs and his brother, Walter Benjamin Ralphs. [2] Ralphs teamed with S. A. Francis in 1873 to open the Ralphs & Francis store at 5th and Hill – an area which would become the Historic Core of the city in the early 20th century, but was then a mostly residential area ...
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