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Essay

Supermarket Basics

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Issue:

Business

 

Written by:

Lucy O

 

Date added:

May 30, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 807

 

Was viewed:

10157 times

 

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Essay content:

Cullen, on August 4, 1937, inside a 6,000 square foot former garage in Jamaica, Queens in New York City. The store was called King Kullen, (inspired by King Kong) (Food Marketing Institute). Other established American grocery chains in the 1930s, such as Kroger and Safeway were hesitant to open their own ‘supermarkets’ but eventually were persuaded to build their own as the economy worsened due to the Great Depression and consumers became more price conscious and the smaller stores no longer could remain profitable...
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More than three-fourths of those supermarkets, 25,890, belong to a chain. The remaining 8,162 are independent supermarkets. Grocery stores with less than $2 million in annual sales account for 13,047. The largest supermarket players are Kroger Co., Albertsons, Inc. and Safeway, Inc. Each with their own subsidiary markets with names such as Ralphs and Pavilions...
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