Stop & Shop
Stop & Shop logo, 2008–present
|
|
Headquarters building of Stop & Shop supermarket chain in Quincy Center
|
|
| Subsidiary | |
| Industry | Retail |
| Founded | Somerville, Massachusetts, United States (1914) |
| Founder | The Rabinovitz/Rabb family |
| Headquarters | Quincy, Massachusetts, United States |
|
Areas served
|
|
| Products |
|
| Revenue |
 US$15.2 billion 3.25% (2015) |
|
Number of employees
|
82,000+ in 422 stores |
| Parent | Ahold Delhaize (1995–present) |
| Website | stopandshop |
The Stop & Shop Supermarket Company, known as Stop & Shop, is a chain of supermarkets located in the northeastern United States. From its beginnings in 1892 as a small grocery store, it has grown to include 422 stores chain-wide upon completion of the purchase of 25 A&P stores.
Stop & Shop has been a wholly owned subsidiary of the Dutch supermarket operator Koninklijke Ahold N.V. since 1995 and has been part of the Stop & Shop/Giant-Landover division since a 2004 merger with sister chain Giant. Stop and Shop's parent company, Royal Ahold, announced on June 24, 2015 that it will be merging with Delhaize Group, primarily a grocery store conglomerate including U.S. grocery chains Hannaford and Food Lion.
Stop & Shop's roots can be traced back to 1892, when Solomon and Jeanie Rabinovitz opened a grocery shop, called the "Greenie Store", at 134 Salem Street, in Boston's North End. This store lasted at this location until 1908. According to the company's web site, Stop & Shop was founded in 1914 in Somerville, Massachusetts by the Rabinowitz family as the Economy Grocery Stores Company. Four years later, the store introduced a new concept to retailing: the self-service, modern supermarket. A second store opened later in 1914, several stores a year opened and by 1917, the chain had 15 stores. Initially the stores sold only grocery items but soon after added meats, produce, milk, dairy, and some frozen foods. Like A & P, they were pioneers of the modern grocery store selling all types of food items under one roof. Stores were 10,000 to 15,000 square feet and in downtown and inner city areas in the Boston and Springfield metro areas. The chain had grown to 86 supermarkets by 1946, when the name was officially changed to Stop & Shop, Inc.
...
Wikipedia