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Kohl's Food Stores: A&P acquired the Wisconsin-based Kohl's Food Stores in 1983 after closing A&P's large Chicago division in 1982. The first Kohl's opened in 1946; during the 1960s it expanded into department stores. In 1972, Kohl's was purchased by British American Tobacco, which decided to spin off the grocery stores to A&P a decade later. [76]
In general, the median tenure of CEOs at S&P 500 companies has been on the decline, falling from six years in 2013 to 4.8 years in 2022, a 20% decrease over the period, according to executive ...
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