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Chief Supermarket history
Chief Supermarket company history timeline
Under his direction, professional managers were brought in who shaped the family business into a genuine corporation, one that made its debut as a publicly-traded company on the American Stock Exchange in 1972, thirty years after the first store had opened.
First, Boston Corp., a New York-based investment banking organization that paid approximately $170 million for Big V, led a leveraged buyout (LBO) in 1987.
In 1990, a second LBO was completed, passing ownership of the company to an investment group that included members of Big V's senior management and was led by a Boston investment firm called Thomas H. Lee Company.
In October 1992, Big V opened a "test pilot" Price Rite store in Fishkill, New York, as an experimental effort to fight competition in the Hudson Valley.
Early reports of the performance of the prototype, disclosed in mid-1998, exceeded the company's expectations, instilling confidence for the future.
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Chief Supermarket competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Angelo Caputo's Fresh Markets | 1958 | $110.0M | 700 | 8 |
| Whole Foods Market | 1978 | $16.0B | 91,000 | 1,570 |
| SCHMITZS ECONOMART | - | $30.0M | 350 | - |
| Lunds & Byerlys | 1939 | $500.0M | 3,900 | 118 |
| Highland Park Market | 1886 | $35.0M | 150 | - |
| Lee's Marketplace | 1981 | $45.4M | 200 | - |
| Dave's Supermarkets | 1928 | $580.0M | 3,000 | - |
| Gerrity's Supermarket | 1895 | $5.4M | 1,250 | 20 |
| Sullivans Foods | 1967 | $1.5M | 7 | - |
| Fox Bros. Piggly Wiggly | 1988 | $130.0M | 690 | - |
Zippia gives an in-depth look into the details of Chief Supermarket, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Chief Supermarket. The employee data is based on information from people who have self-reported their past or current employments at Chief Supermarket. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Chief Supermarket. The data presented on this page does not represent the view of Chief Supermarket and its employees or that of Zippia.
Chief Supermarket may also be known as or be related to CHIEF SUPER MARKET INC and Chief Supermarket.