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In 1883, 23-year-old Bernard Kroger, the fifth of ten children of German immigrants, invested his life savings of $372 (equivalent to $12,164 in 2023) to open a grocery store at 66 Pearl Street in downtown Cincinnati. [17]
Rax Roast Beef is a regional U.S. fast food restaurant chain specializing in roast beef sandwiches. The company has been through many iterations, declaring bankruptcy more than once, rising to as many as 504 locations in 38 U.S. states in the 1980s and falling to fewer than 20 locations on more than one occasion.
McLane is organized into three distribution segments: grocery, food service, and beverage (servicing retail locations in the Southeastern United States and Colorado). [1] Walmart, McLane's former parent company, is its largest client, making up approximately 25% of its 2017 revenues. [citation needed] McLane was founded in 1894 in Cameron, Texas.
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