Retail

Stater Bros. Markets Corporate Office

Stater Bros. Markets was founded by twin brothers Cleo and Leo Stater when they opened their first Stater Bros. grocery store in San Bernadino County California.

By 1949 Stater Bros operated 12 grocery stores with 225 employees. Ten years later there were 23 stores in operation with 700 employees.

Today Stater Bros. operates more than 165 full-service Stater Bros. Markets in six counties in California, including San Bernadino, Riverside, and Los Angeles counties. The company is currently owned by CEO Jack Brown through La Cadena Investments.

Stater Bros. Markets is #113 on the Forbes list of America’s Largest Private Companies, is #615 in the Fortune 1000, has 16,300 employees, and had $3.95 billion in revenue in 2013.

Stater Bros. Markets

Stater Bros. Markets was founded by twin brothers Cleo and Leo Stater when they opened their first Stater Bros. grocery store in San Bernadino County California.

By 1949 Stater Bros operated 12 grocery stores with 225 employees. Ten years later there were 23 stores in operation with 700 employees.

History

Stater Bros. Markets is #113 on the Forbes list of America’s Largest Private Companies, is #615 in the Fortune 1000, has 16,300 employees, and had $3.95 billion in revenue in 2013.

Simon Property Group Corporate Office

Simon Property Group is the #1 ranked real estate investment trust (REIT) in the United States.

The company was formed in 1993 when the shopping center interests of Melvin Simon & Associates went public.

Melvin Simon & Associates was founded by brothers Melvin and Herbert Simon in 1960 as a developer of shopping malls.

Today Simon Property Group is the country’s largest shopping mall and retail center owner, with 325 retail properties with 240 million square feet of leasable space across 40 states and Puerto Rico.

The company trades publicly on the New York Stock Exchange under the ticker symbol SPG, is a member of the S&P 500, is #187 in the FT Global, is #479 in the Fortune 500, has 3,400 employees, and had $5.45 billion in revenue in 2013.

Simon Property Group

Simon Property Group is the #1 ranked real estate investment trust (REIT) in the United States.

The company was formed in 1993 when the shopping center interests of Melvin Simon & Associates went public.

Melvin Simon & Associates was founded by brothers Melvin and Herbert Simon in 1960 as a developer of shopping malls.

History

Market Basket Corporate Office

In 1916 Athanasios (Arthur) and Efrosini Demoulas opened a grocery store that specialized in fresh lamb in Lowell, Massachusetts.

During the late 1930’s, when the company was operating mostly on credit due to the Great Depression, the family soon found themselves on the brink of bankruptcy. The youngest son, Mike, quit school to work at the store and the family managed to avoid bankruptcy and failure.

In 1954 the couple sold the store to two of their six children, brothers Telemachus (Mike) and George DeMoulas.

Within 15 years the brothers had transformed and expanded the store into a chain of 15 supermarkets.

When George died in 1971, Mike became the sole owner of the chain.

Because each brother had promised the other to provide for his family in event of his death, the heirs of George sued Mike for defrauding them out of their rightful portion of the company by moving assets into shell companies.

In 1994 a judge ruled that Mike had defrauded the heirs for the sum of $500 million and transferred 51% of DeMoulas’ stock to George’s family.

Today the company is once again embroiled in a controversy; this time between Mike’s son Arthur T. DeMoulas and George’s son Arthur S. DeMoulas.

President Arthur T. was fired by the Board of Directors, led by Arthur S., in June 2014, sparking protests from employees and causing disruptions in service. By the end of July 2015, Arthur T.DeMoulas was reinstated as CEO.

The families finally reached an agreement in August of 2014 when Arthur T and his sisters offered to buy the shares of the company owned by Arthur S for $1.5 billion. This bid was said to be out of desperation since the company was losing hundreds of millions of dollars during the strikes and protests. The deal was accepted and closed in December of 2014.

Today DeMoulas Market Basket is #127 on the Forbes list of America’s Largest Companies, has 19,000 employees, and had $4 billion in revenue in 2015.

Demoulas Market Basket

In 1916 Athanasios (Arthur) and Efrosini Demoulas opened a grocery store that specialized in fresh lamb in Lowell, Massachusetts.

History

In 1954 the couple sold the store to two of their six children, brothers Telemachus (Mike) and George DeMoulas.

Within 15 years the brothers had transformed and expanded the store into a chain of 15 supermarkets.

When George died in 1971, Mike became the sole owner of the chain.

In 1994 a judge ruled that Mike had defrauded the heirs for the sum of $500 million and transferred 51% of DeMoulas’ stock to George’s family.

Today the company is once again embroiled in a controversy; this time between Mike’s son Arthur T. DeMoulas and George’s son Arthur S. DeMoulas.

Today DeMoulas Market Basket is #127 on the Forbes list of America’s Largest Companies, has 19,000 employees, and had $4 billion in revenue in 2015.

Timberland Corporate Office

The Timberland Company is a manufacturer, marketer, and retailer of outdoor wear.

Timberland was founded in 1952 when Nathan Swartz bought an interest in The Abington Shoe Company near Boston, Massachusetts. Three years later he bought the remaining interest in the company to become the sole owner.

In 1960 Swartz and his sons introduced new technology to completely waterproof boots by connecting the soles to the leather uppers without stitching.

In 1973 the name “Timberland” was introduced for one of the waterproof leather boots sold by the company. The boots proved to be massively popular and as a result, the company changed its name to The Timberland Company.

In the 1980’s Sidney Swartz, the founder’s son took over the company and began to diversify it into a lifestyle brand by adding clothing and women’s shoes.

In the 1990s the company continues to diversify its product line by adding watches, backpacks, and children’s footwear.

Today Timberland sells its products through 230 company-owned stores and in department and specialty shops throughout Canada, Latin America, Europe, and the Middle East.

In 2019, the company made a commitment to use only leather products that came from renewable sources.

Timberland was acquired by V.F. Corporation in 2011 for $2 billion. Headquarters are located in Stratham, New Hampshire.

The Timberland Company

The Timberland Company is a manufacturer, marketer, and retailer of outdoor wear.

History

In 1960 Swartz and his sons introduced new technology to completely waterproof boots by connecting the soles to the leather uppers without stitching.

In the 1980’s Sidney Swartz, the founder’s son took over the company and began to diversify it into a lifestyle brand by adding clothing and women’s shoes.

In the 1990s the company continues to diversify its product line by adding watches, backpacks, and children’s footwear.

Today Timberland sells its products through 230 company-owned stores and in department and specialty shops throughout Canada, Latin America, Europe, and the Middle East.

In 2019, the company made a commitment to use only leather products that came from renewable sources.

Timberland was acquired by V.F. Corporation in 2011 for $2 billion. Headquarters are located in Stratham, New Hampshire.

Kraft Foods Corporate Office

In 2012 Kraft Foods was spun-off as an independent company from Mondelez International, separating the North American grocery company from the global snack giant.

Kraft Foods Group is focused mainly on grocery products for the North American market.

Some of Kraft’s most well-known brands are Maxwell House, Capri Sun, Kool-Aid, Cheez Whiz, Velveeta, JELL-O, Stove-Top, Oscar Meyer, Lunchables, Kraft, and Cracker Barrel.

The company is traded publicly on the NASDAQ under the symbol KRFT, is a member of the S&P 500, is #151 on the Fortune 500, is #302 on the FT Global, has 22,500 employees, and had $18.07 billion in revenue in 2013.

Kraft Foods

In 2012 Kraft Foods was spun-off as an independent company from Mondelez International, separating the North American grocery company from the global snack giant.

Kraft Foods Group is focused mainly on grocery products for the North American market.

Some of Kraft’s most well-known brands are Maxwell House, Capri Sun, Kool-Aid, Cheez Whiz, Velveeta, JELL-O, Stove-Top, Oscar Meyer, Lunchables, Kraft, and Cracker Barrel.