Corporate Office

U-Haul Corporate Office

U-Haul was founded by Leonard Shoen in 1945 in Ridgefield, Washington. Shoen built rental trailers in his garage and partnered with gas stations to rent them.

By 1955, there were over 10,000 U-Haul trailers in operation.

In 1967, the U-Haul headquarters is moved to Phoenix, Arizona.

In 1974, the company launches its own retail centers.

In 1986, Shoen’s sons, Mark and Joe complete a hostile takeover of the company.

In 1988, Leonard and a group of investors fail to regain control of the company.

In 1994, a lawsuit resulting from the 1988 incident is settled. A judgment for almost $1.5 billion is levied against Joe and Mark.

In 2003, AMERCO, U-Hauls holding company, files for Chapter 11 bankruptcy.

In 2004, the company emerges from bankruptcy.

The company recovers and in 2017, is on track to set record profits.

Today, U-Haul is one of the largest moving and storage companies in the US, with revenue in 2006 of more than $4 billion.

U-Haul

U-Haul was founded by Leonard Shoen in 1945 in Ridgefield, Washington. Shoen built rental trailers in his garage and partnered with gas stations to rent them.

By 1955, there were over 10,000 U-Haul trailers in operation.

History

In 1967, the U-Haul headquarters is moved to Phoenix, Arizona.

In 1974, the company launches its own retail centers.

In 1986, Shoen’s sons, Mark and Joe complete a hostile takeover of the company.

In 1988, Leonard and a group of investors fail to regain control of the company.

In 1994, a lawsuit resulting from the 1988 incident is settled. A judgment for almost $1.5 billion is levied against Joe and Mark.

In 2003, AMERCO, U-Hauls holding company, files for Chapter 11 bankruptcy.

In 2004, the company emerges from bankruptcy.

The company recovers and in 2017, is on track to set record profits.

Today, U-Haul is one of the largest moving and storage companies in the US, with revenue in 2006 of more than $4 billion.

Burlington Coat Factory Corporate Office

Burlington Coat Factory was founded in 1924 as a manufacturer of women’s outerwear.

The modern company was founded in 1972 by Monroe and Henrietta Milstein. The Milstein’s purchased a warehouse in Burlington, NJ, and began wholesaling coats and jackets. The company gradually added additional clothing items and accessories.

In 1983, the company changed its name to the Burlington Coat Factory Warehouse Corporation and goes public.

In 1990, a national distribution center is constructed in Burlington, NJ.

By 2003, there were 335 locations.

In 2006, the company was acquired by Bain Capital and taken private.

Today, there are over 500 Burlington Coat Factory stores in 44 US states and Puerto Rico.

In 2023, after Bed, Bath, and Beyond closed all of its stores, Burlington purchased the leases for at least 40 locations in June 2023.

Burlington Coat Factory maintains a corporate office in Burlington Township, New Jersey.

Burlington Coat Factory

Burlington Coat Factory was founded in 1924 as a manufacturer of women’s outerwear.

History

In 1983, the company changed its name to the Burlington Coat Factory Warehouse Corporation and goes public.

In 1990, a national distribution center is constructed in Burlington, NJ.

By 2003, there were 335 locations.

In 2006, the company was acquired by Bain Capital and taken private.

Today, there are over 500 Burlington Coat Factory stores in 44 US states and Puerto Rico.

In 2023, after Bed, Bath, and Beyond closed all of its stores, Burlington purchased the leases for at least 40 locations in June 2023.

Burlington Coat Factory maintains a corporate office in Burlington Township, New Jersey.

Fresh and Easy Corporate Office

Fresh & Easy is a wholly owned subsidiary of UK giant Tesco. The chain started in 2007 when Tesco decided to move into the US market with a chain of small format stores in the Western US. The first three test markets were Las Vegas, Phoenix and Southern California.

By 2009, the company was losing a substantial amount of money.

In 2010, the chain announced they would be closing 13 stores temporarily.

As of 2011, there were 182 stores in Arizona, California and Nevada.

In 2012, CEO Tim Mason resigns.

In 2013, Tesco announced plans to pull out of the US market. The Fresh & Easy chain currently has over 200 stores and is reportedly for sale.

Fresh and Easy

By 2009, the company was losing a substantial amount of money.

In 2010, the chain announced they would be closing 13 stores temporarily.

History

As of 2011, there were 182 stores in Arizona, California and Nevada.

In 2012, CEO Tim Mason resigns.

In 2013, Tesco announced plans to pull out of the US market. The Fresh & Easy chain currently has over 200 stores and is reportedly for sale.

Food Lion Corporate Office

Food Lion was founded in 1957 by Wilson Smith and Ralph and Brown Ketner. The first store was called Food Town and it was located in Salisbury, North Carolina, where the headquarters still resides today.

The company name was changed to Food Lion in the early 1980s after the chain was acquired by Belgian grocer Delhaize.

The chain grew very quickly during the 80s and 90s, opening over 100 stores per year for much of that period.

In 1993, the company agreed to pay $16 million in damages after violating federal laws regarding overtime pay.

In 1994, the company closed 47 stores. This was the first of many major store closings.

Beginning in 2014, the company began remodeling 76 of their stores in the greater Wilmington and Greenville North Carolina areas. In 2015, plans were announced for remodeling of its 162 locations in the Raleigh, North Carolina market.

Although the company spent seven years attempting to establish a presence in Bangkok, Thailand, they were ultimately unsuccessful. The stores were operated locally by Bel-Thai Supermarket Co, and in 2004, Food Lion withdrew from the country, selling all branches to Tops Supermarkets.

In June of 2015, it was announced that Food Lion’s parent company, the Delhaize Group, and Ahold would merge into one company, Ahold Delhaize. This merger was completed in July 2016.

Today, Food Lion is a wholly owned subsidiary of Ahold Delhaize. The company operates over 1100 stores in Delaware, Georgia, Kentucky, Maryland, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia.

Food Lion

History

The company name was changed to Food Lion in the early 1980s after the chain was acquired by Belgian grocer Delhaize.

The chain grew very quickly during the 80s and 90s, opening over 100 stores per year for much of that period.

In 1993, the company agreed to pay $16 million in damages after violating federal laws regarding overtime pay.

In 1994, the company closed 47 stores. This was the first of many major store closings.

In June of 2015, it was announced that Food Lion’s parent company, the Delhaize Group, and Ahold would merge into one company, Ahold Delhaize. This merger was completed in July 2016.

24 Hour Fitness Corporate Office

24 Hour Fitness began in 1983 as 24 Hour Nautilus, a one gym company founded by Mark Mastrov and Leonard Schlemm.

Mastrov hired Mark Golob to market the club. Golob created commercials with Pamela Anderson, Arnold Schwarzenegger, and Mike Tyson.

By 1994, there were 32 clubs. The company acquired Family Fitness Centers and renamed to 24 Hour Fitness after an investment by McCown De Leeuw.

In 1997, the company expands to Europe after a failed IPO attempt.

In 2000, 24 Hour Fitness Worldwide is created as a holding company.

In 2005, the chain is listed for sale. It eventually sells to Forstmann Little & Company.

In 2007, the chain was subject to a class action lawsuit by 1.8 current and former members who claimed funds were still ACH withdrawn from their accounts after they had canceled their memberships.

The company was also hit with big fines in late 2017 after a court found that members were deliberately misled when signing up for contracts.

Today, 24 Hour Fitness is the world’s largest privately owned fitness chain. The company has over 420 clubs in 18 states and serves more than 3 million members.

24 Hour Fitness

24 Hour Fitness began in 1983 as 24 Hour Nautilus, a one gym company founded by Mark Mastrov and Leonard Schlemm.

Mastrov hired Mark Golob to market the club. Golob created commercials with Pamela Anderson, Arnold Schwarzenegger, and Mike Tyson.

History

By 1994, there were 32 clubs. The company acquired Family Fitness Centers and renamed to 24 Hour Fitness after an investment by McCown De Leeuw.

In 1997, the company expands to Europe after a failed IPO attempt.

In 2000, 24 Hour Fitness Worldwide is created as a holding company.

In 2005, the chain is listed for sale. It eventually sells to Forstmann Little & Company.

In 2007, the chain was subject to a class action lawsuit by 1.8 current and former members who claimed funds were still ACH withdrawn from their accounts after they had canceled their memberships.

The company was also hit with big fines in late 2017 after a court found that members were deliberately misled when signing up for contracts.

Today, 24 Hour Fitness is the world’s largest privately owned fitness chain. The company has over 420 clubs in 18 states and serves more than 3 million members.