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Originally a discount department store open to government employees paying a $2 per family membership fee, FedMart earned four times more than its investors had projected in its first year. Over the next 20 years, FedMart grew to include 45 stores, mostly in California, and the Southwest [1] in a chain that generated over $300 million in annual ...
In 2007, the United States Court of Appeals for the Ninth Circuit awarded Albertsons an injunction against Grocery Outlet over its use of the Lucky brand name in a Rocklin, California, store. [20] In 2009, the company added "Bargain Market" to its store branding. In 2011, Grocery Outlet acquired the Pennsylvania-based chain Amelia's Grocery ...
In 1963, a 7-Eleven store near an Austin, Texas, university began to stay open all night for student shoppers. It was such a success that other stores in the chain adopted the 24/7 hours, and ...
Unimart was a discount retailer in the Greater Los Angeles and San Diego metropolitan areas in the 1960s. Its locations variously became Two Guys, Gemco, and FedMart.Unimart was owned by Food Giant Inc. until it merged in 1967 with Vornado, the owner of Two Guys, which quickly converted Unimart stores to Two Guys.
The chain acquired the manufacturers of the Vornado appliance brand in 1959, and spread beyond the New York City metropolitan area to more than 100 locations in upstate New York, eastern Pennsylvania, New Jersey, Connecticut, Massachusetts, Maryland, Virginia, and as far as California. The company's financial success started to decline in the ...
Fedco had several locations in Southern California including: Van Nuys (Los Angeles), 14920 Raymer Street, store #1, replaced by Target (1956-1999) [7] La Cienega (Los Angeles), 3535 South La Cienega Boulevard, store #2, replaced by Target (1961-1999) [8] San Bernardino, 570 South Mt. Vernon Avenue, store #3 replaced by El Super (1968-1999) [9]
99 Cents Only store in Ontario, California with The 99 Store branding. In October 2011, the company agreed to a $1.6-billion buy-out by private equity firm Ares Management and the CPP Investment Board. [11] The deal was completed on January 13, 2012. The new owners decided to lay off over 172 employees in October 2013. [12]
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