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1976: Jetro Cash & Carry Enterprises is founded by private investors.
Jeff Weinstein of the Village Voice visited the store in 1992, noting its 'elephantile' shopping carts and bargains such as 24 eight-ounce bottles of San Pellegrino water for $12.95.
By the summer of 1994 Restaurant Depot was a division of Jetro.
Jetro had revenues of $361 million in 1996.
There were eight in early 1998, consisting, in addition to the ones in Elmhurst and Pompano Beach, of facilities in Baltimore; Chelsea, Massachusetts; Fountain Valley, California; Philadelphia; Plainview, Long Island; and South Hackensack, New Jersey.
2000: Metro, a German retailer, takes a majority stake in Jetro.
In 2004, Kirsh sold a 27 percent stake to private equity firms CCMP Capital Advisers and Leonard Green & Partners.
The Kirsh Group, he says, will one day be managed by Ron Sandler, the former CEO of the Lloyd’s of London insurance market who was appointed to chair Northern Rock when the U.K. nationalized the bank in 2008, serving until the end of last year.
In 2009 he helped recapitalize the Australian real estate investment trust Abacus, and has seen a 50 percent increase in the value of his stake.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Save A Lot | 1977 | $1.0M | 25 | 304 |
| Fred's | 1947 | $1.3B | 7,324 | 27 |
| The Fresh Market | 1982 | $1.8B | 13,000 | - |
| Menards | 1958 | $10.0B | 45,000 | 802 |
| Weis Markets | 1912 | $4.8B | 23,000 | 889 |
| Natural Grocers | 1955 | $1.2B | 4,192 | 504 |
| Ocean State Job Lot | 1977 | $700.0M | 5,003 | 38 |
| 99 Cents Only Stores | 1982 | $2.1B | 17,000 | 9 |
| A.C. Moore | 1984 | $34.0M | 234 | - |
| Michaels Stores | 1973 | $5.3B | 45,000 | 2,535 |
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