Sweetbay Supermarket: Difference between revisions
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===Kash n' Karry=== |
===Kash n' Karry=== |
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[[Image:KashNKarry Bradenton.jpg|thumb|left|Former Kash n' Karry store in [[Bradenton, Florida]]]] |
[[Image:KashNKarry Bradenton.jpg|thumb|left|Former Kash n' Karry store in [[Bradenton, Florida]]]] |
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Salvatore Greco, an Italian immigrant, sold fruits and vegetables in the streets of Tampa beginning in 1914. In 1922, he and his wife Giuseppina opened a storefront at their home. The Greco family built a proper store in 1947 under the name Big Barn in [[Plant City, Florida]]. |
Salvatore Greco, an Italian immigrant, sold fruits and vegetables in the streets of Tampa beginning in 1914. In 1922, he and his wife Giuseppina opened a storefront at their home. The Greco family built a proper store in 1947 under the name Big Barn in [[Plant City, Florida]].<ref name="KAK" /><ref name=":0">{{Cite web |last=Prevor |first=Jim |date=2007-08-30 |title=Kash n’ Karry Is Now 100% Sweetbay |url=https://perishablepundit.com/kash-n-karry-is-now-100-sweetbay/ |access-date=2024-09-07 |website=Jim Prevor's Perishable Pundit |language=en-US}}</ref> |
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Kash n' Karry was acquired by [[Lucky Stores]] of California in 1979.<ref name="KAK"/> After [[American Stores]] acquired Lucky in 1988, it sold Kash n' Karry to leveraged buyout firm Gibbons, Green, and van Amerongen.<ref>{{Cite news |url=https://www.nytimes.com/1988/08/13/business/company-news-gibbons-green-to-buy-lucky-s-florida-unit.html |title=COMPANY NEWS Gibbons, Green to Buy Lucky's Florida Unit |first1=Andrea |last1=Adelson |newspaper=[[The New York Times]] |date=August 13, 1988}}</ref> As the buyout was being completed, Kash n' Karry bought 24 Florida Choice supermarkets from [[Kroger]], who was closing the chain.<ref>{{Cite web |url=https://www.orlandosentinel.com/news/os-xpm-1988-08-24-0060270183-story.html |title=KASH N' KARRY BUYS MARKETS FROM KROGER |author=Denise L. Smith |website=Orlando Sentinel|date=August 24, 1988 }}</ref> When Gibbons, Green and van Amerongen dissolved, [[Leonard Green & Partners]] became the controlling stockholder.<ref name="history">{{Cite web |url=http://www.fundinguniverse.com/company-histories/kash-n-karry-food-stores-inc-history/ |title=History of Kash n' Karry Food Stores, Inc. |website=Fundinguniverse.com}}</ref>{{better source needed|date=September 2021}} Kash n' Karry filed for bankruptcy in 1994.<ref>{{Cite web |url=https://www.orlandosentinel.com/news/os-xpm-1994-11-19-9411190488-story.html |title=Kash-n-Karry files for Chapter 11 |website=Orlando Sentinel|date=November 19, 1994 }}</ref> |
The business expanded and they had opened nine stores by 1960 under the name Tampa Wholesale. In 1962, the name changed again to Kash n' Karry, based on the [[Cash and carry (wholesale)|cash and carry]] program of [[World War II]]. People would bring in their "cash" and "carry" out their own groceries. By 1970, the chain had grown to 48 stores. By 1973, it expanded into 11 counties, and in 1976, a distribution center was opened in Tampa.<ref name="KAK">{{cite web |url=http://www.kashnkarry.com/aboutus/history.htm |archive-url=https://web.archive.org/web/20030409234451/http://www.kashnkarry.com/aboutus/history.htm |archive-date=April 9, 2003 |title=About Us |website=Kash n' Kerry |access-date=September 6, 2021}}</ref><ref name=":0" /> |
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Kash n' Karry was acquired by [[Lucky Stores]] of California in 1979.<ref name="KAK" /> After [[American Stores]] acquired Lucky in 1988, it sold Kash n' Karry to leveraged buyout firm Gibbons, Green, and van Amerongen.<ref>{{Cite news |url=https://www.nytimes.com/1988/08/13/business/company-news-gibbons-green-to-buy-lucky-s-florida-unit.html |title=COMPANY NEWS Gibbons, Green to Buy Lucky's Florida Unit |first1=Andrea |last1=Adelson |newspaper=[[The New York Times]] |date=August 13, 1988}}</ref> As the buyout was being completed, Kash n' Karry bought 24 Florida Choice supermarkets from [[Kroger]], who was closing the chain.<ref>{{Cite web |url=https://www.orlandosentinel.com/news/os-xpm-1988-08-24-0060270183-story.html |title=KASH N' KARRY BUYS MARKETS FROM KROGER |author=Denise L. Smith |website=Orlando Sentinel|date=August 24, 1988 }}</ref> When Gibbons, Green and van Amerongen dissolved, [[Leonard Green & Partners]] became the controlling stockholder.<ref name="history">{{Cite web |url=http://www.fundinguniverse.com/company-histories/kash-n-karry-food-stores-inc-history/ |title=History of Kash n' Karry Food Stores, Inc. |website=Fundinguniverse.com}}</ref>{{better source needed|date=September 2021}} By 1989 the supermarket had 97 locations, more than 8,200 employees, and annual sales exceeding $900 million.<ref name=":0" /> Kash n' Karry filed for bankruptcy in 1994.<ref>{{Cite web |url=https://www.orlandosentinel.com/news/os-xpm-1994-11-19-9411190488-story.html |title=Kash-n-Karry files for Chapter 11 |website=Orlando Sentinel|date=November 19, 1994 }}</ref> |
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Kash n' Karry held an IPO in 1995. In December 1996, Kash n' Karry became a wholly-owned subsidiary of [[Food Lion]], the American division of [[Delhaize Group]].<ref name="history"/> In July 2000, after Food Lion's acquisition of [[Hannaford Bros. Co.|Hannaford]], the [[holding company]] Delhaize America, Inc., was created. As a result, Kash n' Karry became a wholly-owned subsidiary of Delhaize America. |
Kash n' Karry held an IPO in 1995. In December 1996, Kash n' Karry became a wholly-owned subsidiary of [[Food Lion]], the American division of [[Delhaize Group]].<ref name="history"/> In July 2000, after Food Lion's acquisition of [[Hannaford Bros. Co.|Hannaford]], the [[holding company]] Delhaize America, Inc., was created. As a result, Kash n' Karry became a wholly-owned subsidiary of Delhaize America. |
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In 2002, Kash n' Karry pulled out of the competitive [[Orlando, Florida|Orlando]] market with only two stores remaining in Clermont, Florida; 25 miles west of Orlando.<ref>{{Cite web |url=https://www.orlandosentinel.com/news/os-xpm-2013-01-17-os-sweetbay-closing-two-locations-2-20130117-story.html |title=Sweetbay Supermarket closings include two Clermont locations |author=Michael Scott Davidson |website=Orlando Sentinel|date=January 17, 2013 }}</ref> Two of the chain's three stores in [[Gainesville, Florida]] were also closed. |
In 2002, Kash n' Karry pulled out of the competitive [[Orlando, Florida|Orlando]] market with only two stores remaining in Clermont, Florida; 25 miles west of Orlando.<ref>{{Cite web |url=https://www.orlandosentinel.com/news/os-xpm-2013-01-17-os-sweetbay-closing-two-locations-2-20130117-story.html |title=Sweetbay Supermarket closings include two Clermont locations |author=Michael Scott Davidson |website=Orlando Sentinel|date=January 17, 2013 }}</ref> Two of the chain's three stores in [[Gainesville, Florida]] were also closed. |
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On August 29, 2007, the last Kash n' Karry store in Crystal River, Florida, closed, marking the end of the Kash n' Karry brand and the full conversion to Sweetbay Supermarket.<ref>{{cite web |url=http://www.sptimes.com/2007/08/28/Business/Talk_of_the_bay__Last.shtml |archive-date=September 8, 2009 |archive-url=https://web.archive.org/web/20090908020137/http://www.sptimes.com/2007/08/28/Business/Talk_of_the_bay__Last.shtml |website=St. Petersburg Times |date=August 28, 2007 |title=Talk of the bay: Last remaining Kash n' Karry to check out |access-date=September 6, 2021}}</ref> |
On August 29, 2007, the last Kash n' Karry store in Crystal River, Florida, closed, marking the end of the Kash n' Karry brand and the full conversion to Sweetbay Supermarket.<ref name=":0" /><ref>{{cite web |url=http://www.sptimes.com/2007/08/28/Business/Talk_of_the_bay__Last.shtml |archive-date=September 8, 2009 |archive-url=https://web.archive.org/web/20090908020137/http://www.sptimes.com/2007/08/28/Business/Talk_of_the_bay__Last.shtml |website=St. Petersburg Times |date=August 28, 2007 |title=Talk of the bay: Last remaining Kash n' Karry to check out |access-date=September 6, 2021}}</ref> |
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===Sweetbay=== |
===Sweetbay=== |
Revision as of 10:33, 7 September 2024
Formerly | Big Barn |
---|---|
Company type | Subsidiary |
Industry | Retail |
Founded | 1947 |
Defunct | October 8, 2013 |
Fate | Acquired by BI-LO |
Headquarters | Tampa, Florida, U.S. |
Products | Grocery |
Parent | Aldi |
Sweetbay Supermarket was a chain of American supermarkets located in Florida. The first Sweetbay Supermarket to open was in Seminole, Florida, in November 2004. The company's headquarters was located near Tampa, in Hillsborough County, Florida.[1] It was a part of the Belgian Delhaize Group. In May 2013, the chain was purchased by BI-LO. On October 8, 2013, BI-LO announced it was retiring the Sweetbay name and all remaining locations would be re-branded as Winn-Dixie.[2]
History
Kash n' Karry
Salvatore Greco, an Italian immigrant, sold fruits and vegetables in the streets of Tampa beginning in 1914. In 1922, he and his wife Giuseppina opened a storefront at their home. The Greco family built a proper store in 1947 under the name Big Barn in Plant City, Florida.[3][4]
The business expanded and they had opened nine stores by 1960 under the name Tampa Wholesale. In 1962, the name changed again to Kash n' Karry, based on the cash and carry program of World War II. People would bring in their "cash" and "carry" out their own groceries. By 1970, the chain had grown to 48 stores. By 1973, it expanded into 11 counties, and in 1976, a distribution center was opened in Tampa.[3][4]
Kash n' Karry was acquired by Lucky Stores of California in 1979.[3] After American Stores acquired Lucky in 1988, it sold Kash n' Karry to leveraged buyout firm Gibbons, Green, and van Amerongen.[5] As the buyout was being completed, Kash n' Karry bought 24 Florida Choice supermarkets from Kroger, who was closing the chain.[6] When Gibbons, Green and van Amerongen dissolved, Leonard Green & Partners became the controlling stockholder.[7][better source needed] By 1989 the supermarket had 97 locations, more than 8,200 employees, and annual sales exceeding $900 million.[4] Kash n' Karry filed for bankruptcy in 1994.[8]
Kash n' Karry held an IPO in 1995. In December 1996, Kash n' Karry became a wholly-owned subsidiary of Food Lion, the American division of Delhaize Group.[7] In July 2000, after Food Lion's acquisition of Hannaford, the holding company Delhaize America, Inc., was created. As a result, Kash n' Karry became a wholly-owned subsidiary of Delhaize America.
In 2002, Kash n' Karry pulled out of the competitive Orlando market with only two stores remaining in Clermont, Florida; 25 miles west of Orlando.[9] Two of the chain's three stores in Gainesville, Florida were also closed.
On August 29, 2007, the last Kash n' Karry store in Crystal River, Florida, closed, marking the end of the Kash n' Karry brand and the full conversion to Sweetbay Supermarket.[4][10]
Sweetbay
In January 2004, after years of slumping sales growth, Kash n' Karry announced the creation and rollout of a new supermarket concept called Sweetbay Supermarket in its core markets on the West Coast of Florida. The first of the new Sweetbay Supermarkets opened in Seminole, Florida, on November 6, 2004, and in Fort Myers in December 2004. By September 2007, all Kash n' Karry stores were redesigned as Sweetbay Supermarkets.
In 2008, Sweetbay became the official supermarket of the Tampa Bay Rays baseball club.[11]
In January 2013, Sweetbay announced that 33 stores would close, leaving the chain with 72 stores. The closings were attributed to competition from regional grocery chain Publix and national chain Walmart.[12] The closings included the two remaining stores in Clermont, ending the company's presence in the Orlando market.[13]
In May 2013, Sweetbay and its sister supermarket chains Harveys and Reid's were sold to BI-LO LLC for $265 million. Also included in the transaction were leases to 10 Sweetbay locations that closed in January 2013.[14]
On October 8, 2013, BI-LO announced it would retire the Sweetbay brand, and rename all Sweetbay locations to Winn-Dixie.[15] The following month, it was announced that the Tampa headquarters would permanently close.[16]
Hannaford
When Sweetbay was created, it was modeled after Delhaize's Hannaford brand, incorporating store design, logo/branding elements, and pricing strategy from its northeastern sister company.[17] Additionally, Sweetbay stocked Hannaford-branded products as its generic store brand until 2011, when all Delhaize America stores began offering the Healthy Accents brand (for health & beauty items), the Home 360 brand (for home products) and the My Essentials brand (for food products).[18]
In March 2008, Hannaford Supermarkets announced a data intrusion that resulted in the theft of customer credit and debit card numbers. No personal information, such as names or addresses, was accessed. The intrusion not only affected Hannaford stores, but also Sweetbay stores in Florida, and certain independently owned retail locations in the Northeast that carried Hannaford products. The company was aware of about 1,800 cases of fraud related to the data intrusion and about 4.2 million unique account numbers were exposed.[19][20]
References
- ^ "Contacts". Delhaize Group. Archived from the original on May 22, 2012. Retrieved May 17, 2012.
- ^ "Sweetbay grocery chain to become Winn-Dixie stores". Tampa Bay Times. October 9, 2013. Retrieved September 7, 2024.
- ^ a b c "About Us". Kash n' Kerry. Archived from the original on April 9, 2003. Retrieved September 6, 2021.
- ^ a b c d Prevor, Jim (August 30, 2007). "Kash n' Karry Is Now 100% Sweetbay". Jim Prevor's Perishable Pundit. Retrieved September 7, 2024.
- ^ Adelson, Andrea (August 13, 1988). "COMPANY NEWS Gibbons, Green to Buy Lucky's Florida Unit". The New York Times.
- ^ Denise L. Smith (August 24, 1988). "KASH N' KARRY BUYS MARKETS FROM KROGER". Orlando Sentinel.
- ^ a b "History of Kash n' Karry Food Stores, Inc". Fundinguniverse.com.
- ^ "Kash-n-Karry files for Chapter 11". Orlando Sentinel. November 19, 1994.
- ^ Michael Scott Davidson (January 17, 2013). "Sweetbay Supermarket closings include two Clermont locations". Orlando Sentinel.
- ^ "Talk of the bay: Last remaining Kash n' Karry to check out". St. Petersburg Times. August 28, 2007. Archived from the original on September 8, 2009. Retrieved September 6, 2021.
- ^ "Sweetbay first grocer to partner with Tampa Bay Rays". St. Petersburg Times. December 9, 2008. Archived from the original on December 9, 2008.
- ^ "Sweetbay store closings driven by Publix, Wal-Mart pressure, sagging parent company performance". Tampa Bay Times. Archived from the original on January 18, 2013. Retrieved September 6, 2021.
- ^ Michael Scott Davidson (January 17, 2013). "Sweetbay Supermarket closings include two Clermont locations". Orlando Sentinel.
- ^ "Grocery wars: Tampa's Sweetbay sold to Winn-Dixie parent". Tampa Bay Times. May 28, 2013. Retrieved June 24, 2019.
- ^ "Sweetbay grocery chain to become Winn-Dixie stores". Tampa Bay Times. St. Petersburg, FL. October 8, 2013. Retrieved October 9, 2013.
- ^ "Sweetbay to lay off 346 as it closes its Tampa headquarters and distribution center". Tampa Bay Times. November 13, 2013.
- ^ "Store Brands - Private Brand News & Trends for Retail Executives". Storebrands.com. Retrieved June 24, 2019.
- ^ "Hannaford Heads to Home 360". Supermarket News. October 29, 2010. Retrieved September 6, 2021.
- ^ Garry, Michael (August 11, 2008). "Filling the Breach". Supermarket News. Retrieved September 6, 2021.
- ^ "Credit Card Security". Sweetbay Supermarket. Archived from the original on September 5, 2008.