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RAGNY company history timeline

1976

By then, in late 1976, Red Apple was a chain of 12 Manhattan supermarkets that emphasized low prices, offering about 100 specials a week.

1984

He had earlier owned a majority interest in Capitol Air Inc., a low-priced shuttle airline that suspended operations in 1984 after suffering a severe cash squeeze.

1985

Sales came to $110 million in fiscal 1985.

1987

These 45 units accounted for about $340 million of Red Apple's $640 million in supermarket sales during fiscal 1987.

1990

Some of them operated under the name Red Apple Food Mart, which gained 26 more outlets in upstate New York in 1990, when United Refining acquired a chain of similar Stop-N-Go convenience stores.

1993

Catsimatidis owned 27 percent of this company's shares in December 1993, with an option to purchase an additional ten percent.

Capitol Air Express Inc., a Virginia-based airline owned by Catsimaditis, was making charter flights from the Northeast to Miami and the Caribbean in 1993.

1996

A total of 15 had been sold to Rite Aid by March 1996.

The dispute reemerged in 1996, with a lawsuit by Fleming and a countersuit by Red Apple.

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Founded
1971
Company founded
Headquarters
New York, NY
Company headquarter
Founders
John A. Catsimatidis
Company founders
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RAGNY history FAQs

Zippia gives an in-depth look into the details of RAGNY, including salaries, political affiliations, employee data, and more, in order to inform job seekers about RAGNY. The employee data is based on information from people who have self-reported their past or current employments at RAGNY. 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 RAGNY. The data presented on this page does not represent the view of RAGNY and its employees or that of Zippia.

RAGNY may also be known as or be related to RAGNY, Red Apple Group and Red Apple Group Inc.