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During his tenure as CEO, sales grew from $3 billion a year to $4 billion, and the number of employees grew from 14,000 to 25,000. During the same time, competitors Stop & Shop and Shaw's closed many of their stores due to financial troubles. Market Basket also faced new competition from Wegmans, [17] which opened its first Massachusetts store ...
Market Basket Foods, under the trade name Market Basket, is a chain of 34 supermarkets that serves southeast Texas and Louisiana in the United States, ...
Kroger bought the chain in 1963 when Market Basket annual sales were $121 million (~$923 million in 2023). [4] In 1982, Kroger decided to exit the competitive Southern California supermarket business and broke up the 65 store Market Basket chain by selling many of stores to Ralphs, Boys, Hughes and Vons while closing the rest.
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Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer discounted, overstocked, and closeout products from name-brand and private-label suppliers.
WinCo Foods, Inc. is a privately held, majority employee-owned [5] [6] [7] American supermarket chain based in Boise, Idaho, with retail stores in Arizona, California ...