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Schaffer Stores Company

From Wikipedia, the free encyclopedia
Grocery chain in New York, US

Schaffer Stores Company was a small grocerychain store based inSchenectady, New York. The business gained valuable experience by running a self-servicegrocery store beginning in 1929. Schaffer's first supermarket, called Empire Market, opened in 1933.[1]

Foundation, expansion

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The business was founded by Henry Schaffer (1890 - December 16, 1982). A native ofPoland who came to Schenectady in his youth, he lived in Schenectady at the time of his death fromleukemia.

Schaffer formed Schaffer Stores Company in 1907.[2] He operated 31 stores by 1922.[3] In 25 years the firm grew to include 185 stores in theHudson Valley,Mohawk Valley, and westernMassachusetts.[2]

Buy out

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The chain was acquired byGrand Union (supermarket) in June 1958 for approximately $8 million.[4] Grand Union, based in EastPaterson, New Jersey, operated 472 supermarkets. At the time, Schaffer ran 41grocery stores, the majority of which were supermarkets.[5]

References

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  1. ^Shopping Center and Store Leases, Volume 2, Emanuel B. Halper, Law Journal Press, 2003, pg. 58.
  2. ^abHenry Schaffer Is Dead at 92; Founded Supermarket Chain,New York Times, December 17, 1982.
  3. ^Chain stores: their management and operation, Walter Sumner Hayward, Percivsl Albert Frederick White, John S.Fleek, and Hugh MacIntyre,McGraw-Hill Book Company, 1922, pg. 334.
  4. ^Trade Regulation Reporter (Volume 2), Commerce Clearing House, 1961.
  5. ^Trade Regulation Reporter (Volume 3), Commerce Clearing House, 1961.
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