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QFC

From Wikipedia, the free encyclopedia
American supermarket chain
This article is about the American supermarket chain. For the English football club with the initials QFC, seeQuorn F.C.

Quality Food Centers, Inc.
QFC
FormerlyLake Hills Thriftway (1955–1963)
Company typeSubsidiary
IndustryGrocery retail
FoundedNovember 26, 1955 (1955-11-26) inSeattle, Washington, U.S.
FounderJack Croco
HeadquartersBellevue, Washington, U.S.
Number of locations
59(2025)
Area served
Washington andOregon
Key people
ProductsBakery, dairy, deli, frozen foods, gasoline, general grocery, meat, pharmacy, produce, seafood, snacks
RevenueIncrease $1 billion (2021)
Number of employees
5,900 (2021)
ParentKroger
Websitewww.qfc.com

Quality Food Centers, Inc., better known asQFC, is an Americansupermarket chain based inBellevue, Washington, east ofSeattle. It is a subsidiary ofKroger and has 59 stores in westernWashington and northwesternOregon, primarily located in thePuget Sound region andPortland–Vancouver metropolitan area.

History

[edit]

Jack Croco began his career in the grocery business in the 1940s inBoise, Idaho, working forAlbertsons. By 1950, he had become the district manager in the Northwest and was responsible for opening the first Albertson's stores in theSeattle area. Soon afterward in 1955, Croco opened his grocery store in Bellevue, called Lake Hills Thriftway.[citation needed]

The grocery chain that would come to be named QFC in 1963[1] was founded in 1955 with the first store at 6600Roosevelt Way N.E. inSeattle[1] by a group headed by Vern Fortin, the former president ofVan de Kamp's Holland Dutch Bakeries and founder of Vernell's Fine Candies. Croco merged his store with QFC in 1960 and remained involved in the company until he died in 1991 at the age of 65,[2] though in 1986 he sold QFC to Seattle investment firm Sloan, Adkins & Co.,[3] whichtook QFC public in 1987.[1]

Christopher A. Sinclair became the CEO in 1996; the following year, QFC purchased the Uddenberg grocery company, which operated Thriftway and Stock Market stores throughout western Washington.[citation needed] In late 1997, QFC was sold to Portland-basedFred Meyer,[1][4] and several months later in May 1998, Kroger announced its intention to acquire Fred Meyer (and QFC),[5][6] which was approved a year later. The Roosevelt store operated until 2012; it closed on May 5 to make way for the construction of theRoosevelt light rail station.[7]

A Fred Meyer store at theBroadway Market on Seattle's Capitol Hill was replaced by a QFC in 2004.[8]

Expansion

[edit]
QFC's flagship store located in Kirkland, Washington

Over the years, QFC has expanded aggressively through acquisitions. WhenA&P abandoned the Seattle area in 1974, QFC took over several locations. They expanded to surrounding counties in the 1990s by acquiring and renaming Olson's Food Stores, Johnny's Food Centers, Stock Market Grocery Stores, and several Thriftway stores. Between 1990 and 1996, thirty stores were acquired from eleven independent grocery chains.[9] Among them was Olson's Foods, aLynnwood-based chain with twelve existing stores and four new stores in development.[10] Reed's Super Valu in Port Hadlock and Stock Market Foods inPort Townsend were acquired in 1997,[11][12] and the company also expanded into Oregon in the Portland metropolitan area.[13]

During the tenure of CEOStuart Sloan in the 1980s, the company branded itself as an upmarket chain and began offering more premium items. It had aninitial public offering in 1987.[14] In the mid-1990s, QFC expanded toSouthern California by acquiring Hughes Family Markets (which kept its name). By the mid-1990s, many Hughes store locations were sold toRalphs, which was soon sold to Fred Meyer, later acquired by Kroger.[15] A new flagship store opened in downtownKirkland in 2019, with 50,000 square feet (4,600 m2) of space.[16] A rebrand to "the Q" was proposed in 2018 but later rejected.[14]

Krogerproposed an acquisition of rival grocerAlbertsons in 2022 that would have required the combined company to spin off locations to preserve brand competition. Among the proposed aspects of the merger was a divestment of all but five of QFC's 59 locations. The acquisition was rejected by theFederal Trade Commission in 2024, leaving QFC part of the Kroger Company.[14]

Philanthropy and labor relations

[edit]

In 1996, Stuart Sloan, former owner and chairman of QFC, promised to spend at least $1 million a year for the next eight years to overhaul one ofSeattle Public Schools's most challenged schools, T.T. Minor Elementary. The funds were donated in addition to public dollars and helped to pay for uniforms, smaller class sizes and a year-round schedule, though how the funds were applied sparked controversy.[17][18]

Fred Meyer and QFC workers are primarily represented byUFCW Local 3000. After the union distributedBlack Lives Matter buttons in 2020, Kroger managers prohibited their use by employees. The action was found to violate federal labor law by aNational Labor Relations Board judge in May 2023.[19]

References

[edit]
  1. ^abcdMoriwaki, Lee (November 7, 1997)."Fred Meyer to Buy QFC".The Seattle Times.Archived from the original on August 9, 2018. RetrievedMay 21, 2009.
  2. ^Gorlick, Arthur (November 8, 1997). "QFC Grew from 4 Stores to Major Chain".Seattle Post-Intelligencer. p. A4.
  3. ^Ramsey, Bruce (January 18, 1986)."QFC Grocery Stores to be Sold".Seattle Post-Intelligencer. p. A3. RetrievedMay 21, 2009.[permanent dead link]
  4. ^McCall, William (November 8, 1997)."Fred Meyer's big move shows firm's strength, stamina".Eugene Register-Guard. Associated Press. p. 5B.
  5. ^Matassa Flores, Michele; Heim, Joe (October 20, 1998)."Attention Shoppers: We've Been Sold — Again".The Seattle Times.Archived from the original on August 9, 2018. RetrievedMay 21, 2009.
  6. ^Dunn, Christine (October 20, 1988)."Kroger in $12 billion deal to buy Fred Meyer".Pittsburgh Post-Gazette. p. D1.
  7. ^Make room for light rail: Roosevelt QFC closure just weeks awayRoosiehood, April 19, 2012
  8. ^Frey, Christine (June 15, 2004)."QFC store will replace Broadway's Fred Meyer".Seattle Post-Intelligencer. RetrievedSeptember 12, 2023.
  9. ^"Growing QFC Will Buy 25 Supermarkets".Seattle Post-Intelligencer. November 13, 1996. p. B8.
  10. ^Wieland Nogaki, Sylvia (March 3, 1995). "QFC completes Olson's purchase after short delay".The Seattle Times. p. E1.
  11. ^P-I Staff (May 20, 1997)."QFC Plans Expansion with Two New Food Stores Near Olympia".Seattle Post-Intelligencer. p. B4. RetrievedMay 21, 2009.[permanent dead link]
  12. ^P-I Staff (April 29, 1997)."Reed's Super Valu Bought by QFC; Employees to Stay".Seattle Post-Intelligencer. p. B5. RetrievedMay 21, 2009.[permanent dead link]
  13. ^P-I Staff (May 17, 1997)."QFC Plans to Enter Market In Portland With Two Stores".Seattle Post-Intelligencer. p. B8. RetrievedMay 21, 2009.[permanent dead link]
  14. ^abcRoberts, Paul (December 28, 2024)."Once Seattle's grocery darling, QFC in limbo after Kroger-Albertsons merger fails".The Seattle Times. RetrievedDecember 28, 2024.
  15. ^Virgin, Bill (November 21, 1996)."QFC Buys Chain in California".Seattle Post-Intelligencer. RetrievedMay 21, 2009.[permanent dead link]
  16. ^"QFC opens Kirkland Urban location, focuses on organic foods".Kirkland Reporter. August 1, 2019. RetrievedDecember 2, 2019.
  17. ^Shukovsky, Paul (May 14, 1997)."Donation to School Criticized by League".Seattle Post-Intelligencer. p. B1. RetrievedMay 21, 2009.[permanent dead link]
  18. ^"Rethinking Sloan's gracious gift to school".Seattle Post-Intelligencer. May 16, 1997. p. A14.
  19. ^Yoon-Hendricks, Alexandra (May 9, 2023)."Fred Meyer, QFC illegally barred BLM pins at work, judge rules".The Seattle Times. RetrievedMay 20, 2023.

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