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Richfood Holdings company history timeline

1988

Richfood Holdings was formed in order to subsume the business, which was accomplished in May 1988.

1989

In July 1989, after the company lost an account with A & P Super Fresh, which had come to represent ten percent of its annual sales, the board decided to put Richfood up for sale.

1990

Taliaferro left the company at this crossroads in early 1990.

1992

Another goal of Bennett's, attaining a net profit margin of 1.3 percent, was also close to being realized in 1992.

In 1992, Nick's Market, a 34-store chain, was sold through the aid of Richfood to interested independent retailers.

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Founded
1935
Company founded
Headquarters
Glen Allen, VA
Company headquarter
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Richfood Holdings may also be known as or be related to RICHFOOD HOLDINGS INC, Richfood, Richfood Holdings and Richfood Inc.