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1872 - Child's
Grocery Co. is founded in Pennsylvania.
1887 - Acme Tea Company is founded in Pennsylvania.
1888 - George Dunlap Company is founded in Pennsylvania.
1890 - The Bell Company is founded in Pennsylvania.
1891 - A grocery store named "The House That Quality Built" is
founded in Philadelphia, PA.
1917 - American Stores Company is founded when five small
grocery chains (Child's, Acme Tea, George Dunlap, Bell Co. and
A
House That Quality Built) merge.
1920 - Acme Markets has 1,223 stores
1925 - Acme Markets has 1,792 stores
1946 - A proposed acquisition of Grand Union Supermarkets is
turned down by Grand Union stockholders.
1961 - Acquired California-based Alpha Beta supermarkets.
1970's - In order to compete with lower priced grocery retailers
such as ShopRite and Pathmark which did not offer trading
stamps, Acme Markets launched its Super Saver discount
grocery chain.
1979 - Company was purchased by Skaggs Companies. The
newly merged company is named. American Stores Company.
1984 - American Stores purchases Jewel T and Osco Drugs.
1988 - Company purchased California-based Lucky Stores and
Sav-On Drugs.
1991 - Due to an anti-trust suit, the company is forced to sell
74 Jewel stores in TX and FL, 145 Alpha Beta stores in CA,
and
59 drug stores.
1992 - The company reorganizes into 3 divisions:
1) Jewel Companies (Jewel, Acme Markets and Star Markets).
2) Lucky Stores.
3) American Drug Stores
1997 - American Stores Company becomes publicly traded and L.S.
Skaggs loses control.
1998 - The company sold its Buttrey Food & Drug chain to
Albertsons.
1998 - American Stores Company is acquired by Albertsons.
At the time it is
acquired, American Stores Company operates 1,558 stores in 25
states under the Acme Markets,
Jewel, Lucky, Osco and Sav-On banners:
267 food/drug combination stores
540 supermarkets
751 drug stores
2005 - Supervalu, CVS/pharmacy and and investment group led by
Cerberus Capital Management acquired Albertsons for
$ 17.4 billion.
2008 - Supervalu operates 129 Acme supermarkets in Delaware,
Maryland, New Jersey and Pennsylvania. Acme Markets
is the
leading food and drug retailer in the Philadelphia
market.
Alpha Beta
Albertsons Jewel
Companies
Skaggs Companies
SuperValu
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