Associated Food Stores is an American retailers cooperative that supplies about 500 independently owned retail supermarkets throughout Utah, Arizona, Idaho, Colorado, Montana, Oregon, Nevada, and Wyoming.
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Description
The headquarters for Associated Foods is located at 1850 N 2100 West in Salt Lake City, Utah, United States. The company's President and CEO is Neal Berube. It reported over US$1.6 billion (equivalent to $1.888 billion in 2017) in sales during fiscal year 2007 and is currently the fifty-sixth largest grocery retailer in the country by volume with 23% of its total sales coming from its corporate stores.
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History
Associated Food Stores was founded in 1940 by Donald P. Lloyd, president of the Utah Retail Grocers Association along with 34 Utah retailers. Concerned with effect that large corporate stores would have on small independent retailers, he felt the only way these small businesses could survive is if they united and faced the competition as one, therefore increasing their collective buying power. He convinced 34 stores to donate $300 (equivalent to $5,240 in 2017) to help build an independent and "associated" warehouse.
In 1999, Associated Food Stores purchased Utah grocery store chain Macey's. In August 2017, Macey's broke with 70-year tradition by deciding to open some of their stores on Sundays.
In 2009, Associated Food Stores purchased 34 Albertsons stores in Utah from Supervalu Inc. The stores were renamed Associated Fresh Market (more commonly known as just "Fresh Market"). As of June 2017, however, only 17 of the originally purchased locations were still under the Fresh Market banner, the rest having been either closed or sold.
In 2017, two Fresh Market locations in Murray and Holladay were re-branded as Macey's.
Corporate Stores
As well as supplying independent grocers, Associated Food Stores also owns several corporate stores under five different names, operating a total of 42 locations.
- Fresh Market is their largest brand, created after their acquisition of most of the Albertsons locations in Utah. There are currently 15 locations along the Wasatch Front and in Park City. This is less than half of the 34 locations they originally purchased from Albertsons.
- Macey's has 14 locations across the Wasatch Front, Tooele, and the Logan area.
- Lin's has 7 locations in the St. George area, Cedar City, Richfield, Price, and Overton, Nevada.
- Dan's has 4 locations in Salt Lake County.
- Dick's Market has 2 locations in Davis County.
Other Stores
Popular stores owned and/or supplied by Associated Food Stores:
Western Family
Associated Food Stores is a primary distributor of the popular store brand Western Family owned by Western Family Foods. This also includes Better Buy, Shurfine, Shursavings, and Marketchoice brands.
References
External links
- Official website
- Official websites for stores owned and/or supplied by Associated Foods:
Source of the article : Wikipedia
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