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The Skaggs Companies, Inc. was the predecessor to many famous United States retailing chains, including Safeway, Albertsons, Osco Drug, and Longs Drugs.The company owned several drugstore chains, but all of them were sold.
That store became Skaggs Store No. 1 and is now beneath the American Falls Reservoir. [5] When the town was relocated between 1923 and 1925, that store was situated at the corner of Ft. Hall and Idaho Street, now housing the Senior Center. [6] Unusual for the time, the Rev. Skaggs had a cash only, no credit policy, which all his sons later adopted.
Skaggs moved to Portland, Oregon's Alameda neighborhood in 1921. He opened four more that year, and it grew to a 418-store chain by 1926, becoming the dominant element of the Safeway Company. [4] [5] [6] In 1926, Skaggs' company bought a chain of stores, called Skaggs Cash Stores, developed by his older brother O.P. Skaggs. [2]
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Skaggs may refer to: Skaggs Companies , predecessors to many famous United States retailing chains, including Safeway, Albertsons, Osco, and Longs Drug Stores Skaggs family , a family prominent in merchandising
M.B. Skaggs, who already had experience in the grocery business, moved to Portland, Oregon in 1921, and established four grocery stores. This chain of stores grew quickly, and Skaggs enlisted the help of his five brothers to grow the network of stores. By 1926, he had opened 428 Skaggs stores in 10 states.
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