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Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores in the United States, headquartered in Bentonville, Arkansas. The company was founded by brothers Sam and James "Bud" Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses.
Samuel Moore Walton was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world. For a period of time, Walton was the richest person in the United States. His family has remained the richest family in the U.S. for several consecutive years, with a net worth of around US$240.6 billion as of January 2022.
Asda Stores Ltd. is a British supermarket chain. Its headquarters are in Leeds, England. The company was founded in 1949 when the Asquith family merged their retail business with the Associated Dairies company of Yorkshire. It expanded into Southern England during the 1970s and 1980s, and acquired Allied Carpets, 61 large Gateway Supermarkets and other businesses, such as MFI Group. It sold these acquisitions during the 1990s to concentrate on the supermarkets. It was listed on the London Stock Exchange until 1999 when it was acquired by Walmart for £6.7 billion. Asda was the second-largest supermarket chain in the United Kingdom between 2003 and 2014 by market share, at which point it fell into third place.
Kmart Corporation is an American retail company that owns a chain of big-box department stores. The company is headquartered in Hoffman Estates, Illinois, United States. The company was incorporated in 1899 as S. S. Kresge Corporation and renamed Kmart Corporation in 1977. The first store with the Kmart name opened in 1962 in Garden City, Michigan. At its peak in 1994, Kmart operated 2,486 stores globally, including 2,323 discount stores and Super Kmart Center locations in the United States. As of April 16, 2022, that number was down to nine, including just three in the continental United States. From 2005 through 2019, Kmart was a subsidiary of Sears Holdings Corporation. Since 2019, Kmart has been a subsidiary of Transform SR Brands LLC, a privately held company that was formed in 2019 to acquire assets from Sears Holdings.
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A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs.
Harris Teeter Supermarkets, LLC., also known as Harris Teeter Neighborhood Food & Pharmacy, is an American supermarket chain based in Matthews, North Carolina, a suburb of Charlotte. As of January 2023, the chain operates 258 stores in seven South Atlantic states and Washington, D.C.. Supermarket News ranked Harris Teeter No. 34 in the 2012 "Top 75 Retailers & Wholesalers" based on 2011 fiscal year sales of $4.3 billion.
Fred Meyer is an American chain of hypermarket superstores founded in 1922 in Portland, Oregon, USA, by Fred G. Meyer. The stores are found in the northwest U.S., within the states of Oregon, Washington, Idaho, and Alaska. The company merged with Kroger in 1998, though the stores are still branded Fred Meyer. The chain was one of the first in the United States to promote one-stop shopping, eventually combining a complete grocery supermarket with a drugstore, bank, clothing, jewelry, home decor, home improvement, garden, electronics, restaurant, shoes, sporting goods and toys. The Fred Meyer division is headquartered in Portland.
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FedMart was a chain of discount department stores started by Sol Price, who later founded Price Club. Originally a discount department store open to government employees paying a $2 per family membership fee, FedMart's first year was highly successful to some, yet struggled to others. Over the next 20 years FedMart grew to include 45 stores, mostly in California, and the Southwest in a chain that generated over $300 million in annual sales. The business expanded to several states in the Southwest United States. Many stores were previous White Front or Two Guys locations. Price later sold two-thirds of the chain to Hugo Mann, a German retail chain, in 1975 and was forced out of his leadership position the following year. FedMart went out of business in 1982.
The history of Walmart, an American discount department store chain, began in 1950 when businessman Sam Walton purchased a store from Luther E. Harrison in Bentonville, Arkansas, and opened Walton's 5 & 10. The Walmart chain proper was founded in 1962 with a single store in Rogers, expanding outside Arkansas by 1968 and throughout the rest of the Southern United States by the 1980s, ultimately operating a store in every state of the United States, plus its first stores in Canada, by 1995. The expansion was largely fueled by new store construction, although the chains Mohr-Value and Kuhn's Big K were also acquired. The company introduced its warehouse club chain Sam's Club in 1983 and its first Supercenter stores in 1998.
Rivergate Mall is a super-regional shopping mall located in Goodlettsville, Tennessee, United States, just outside of Nashville, the state capital of Tennessee. Opened in October 1971, the mall features 1,129,035 square feet (104,890.8 m2) of gross leasable area, with approximately 80 stores and restaurants, as well as a food court. Its original anchor stores were Cain-Sloan, Castner Knott, and JCPenney. Rivergate Mall has two anchor stores: Dillard's and JCPenney. There are two vacant anchor stores that were formerly Macy's and Sears. The mall sits in the core of a shopping district that is shared by the city of Goodlettsville and the Nashville neighborhood of Madison. This area is colloquially referred to by locals as "Rivergate," after the mall. Rivergate Mall is managed by Hendon Properties.
Ashley Landing is a shopping mall in Charleston, South Carolina, United States. It was the first indoor shopping mall in the West Ashley area of Charleston when the complex was fully completed in 1972. The center, located at 1401 Sam Rittenberg Boulevard at the fork of Old Towne Road was developed by Gate City Realty Company of Fort Lauderdale, Florida. Ground was broken for the complex in 1962 with Ashley Plaza opening on April 16, 1964. At its opening the shopping center consisted of J.M. Fields Department Stores joined to a Pantry Pride supermarket, built at a cost of $1.75 million and owned by Sumar Corporation of South Carolina. The locally owned Condon's Department Store, constructed adjacent to Pantry Pride as a freestanding building, became the third tenant when it opened in 1970. The center, originally known as "Ashley Plaza" was noted for its large red and white neon pylon "Ashley Plaza" sign in the center of the parking lot that remained until 1989 when it was destroyed by Hurricane Hugo.
Harding Mall was a shopping mall located in suburban Nashville, Tennessee, United States. It was southeast of downtown at the corner of Nolensville Pike US 31A/US 41A and Harding Place in the Paragon Mills neighborhood. Built in 1966, it was demolished in 2005 for a Walmart. Harding Mall is notable for being the first enclosed shopping mall in the state of Tennessee.
References
- 1 2 "Kuhn's Big K Stores Plans Wal-Mart Tie". New York Times . June 23, 1981.
- ↑ "Kuhn Brothers Name Changed To Big K". Clarksville Leaf-Chronicle. July 2, 1969. Retrieved May 5, 2020.
- ↑ "Big K Plans Stock Offering". The Nashville Tennessean. March 27, 1970. Retrieved May 5, 2020.
- ↑ "The first public offering..." The Boston Globe. April 3, 1971. Retrieved May 5, 2020.
- 1 2 "Big K Planning 7 New Outlets". The Nashville Tennessean. August 20, 1971. Retrieved May 5, 2020.
- ↑ "Big K obtains Greene firm's lease". Johnson City Press Chronicle. January 8, 1972. Retrieved May 5, 2020.
- ↑ "ACQUISITIONS". The Atlanta Journal & The Atlanta Constitution. September 5, 1977. Retrieved May 5, 2020.
- ↑ "33-Store S. Carolina Chain Acquired by Kuhn's-Big K". The Tennessean. September 2, 1977. Retrieved May 5, 2020.