Acme Markets

Acme Markets
Industry Retail
Founded Philadelphia, Pennsylvania (1891)
Headquarters East Whiteland Township, Pennsylvania, United States
Number of locations
 179
Key people
 Dan Croce (President)
Products Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor, health, beauty
Parent Albertsons
Website acmemarkets.com
This article is about Acme Markets, a division of Albertsons. For the Ohio-based chain, see Acme Fresh Market.

Acme Markets Inc. is a supermarket chain in the Delaware Valley and New York City metropolitan areas, in the United States. It is owned by the Boise, Idaho-based corporation Albertsons and headquartered in East Whiteland Township, Pennsylvania, near Malvern, a Philadelphia suburb.

Acme was established in 1891, when Irish immigrants Samuel Robinson and Robert Crawford opened a store in South Philadelphia. The company today has 179 supermarkets[1] under the Acme name in Connecticut, New York, New Jersey, Pennsylvania, Delaware, and Maryland. It closed two stores, in Chalfont and Warminster, Pennsylvania, in November 2014.[2]

As of 2011, Acme was the second-largest food retailer in Greater Philadelphia, behind ShopRite.[3]

History

1980s-1998 ACME logo, the "red oval" logo, a variant of the "fish eye" logo

Irish immigrants, Robinson and Crawford, founded what is now Acme in south Philadelphia in 1891, according to some sources, with other sources suggesting that it was founded in 1887 or 1872. In 1917, Robinson and Crawford merged Acme Markets with four other Philadelphia-area grocery stores, including English immigrant S. Canning Childs's south New Jersey-based American grocery chain; the new company was named American Stores. In 1927, smaller rival Penn Fruit began operating in Philadelphia's Center City. In the late 1920s, supermarkets under the American Stores banner rapidly sprouted throughout the Philadelphia region, rivaling New Jersey-based A&P, which then featured downtown stores throughout the East Coast, and as far west as New Orleans. American Stores first introduced self-service stores in shopping centers in the early 1950s.

Identity

In 1961, American Stores created a new logo (known as the "teardrop" or "fish eye"), in an attempt to eliminate the inconsistent use of the Acme Markets or Acme Super Markets script logos of the 1950s; however, its implementation was not carried out throughout the chain. American Stores' distribution center, on U.S. 30 in west Philadelphia, retained the gold script "Acme Super Markets" signage until its closure in 1993. The complex remained abandoned, complete with sign, as the last Acme store in west Philadelphia had been sold in 1980.

Acme in Cape May, New Jersey.

The new Acme logo coincided with a building style known as "A-Frame." These stores were meant to compete with A&P, Food Fair, and Penn Fruit, all of which had trademarked architecture of their own. (Larger chains Safeway, Kroger, and Grand Union competed with ACME as well, but on a smaller scale.) Most Acmes built in the 1960s were a variant of this design. These could be adapted to major streets and shopping centers alike, and averaged 30,000 square feet (2,787 m2). Trademark features included a full peaked roof and signage that resembled the then-popular lava lamp, along with a standardized emergency exit. The latter two elements were retained in Acme's 1970s prototype which succeeded many A-Frame units. In turn, the A-Frame's footprint was very similar to Acme's first standardized building model, which had been rolled out in 1955.

Expansion and acquisition

In 1961, the American Stores company acquired southern California's Alpha Beta chain of supermarkets. Many of Acme's stores in the 1960s and 1970s were paired with a regional drugstore chain, a PLCB liquor store (in Pennsylvania), a Kmart, or Woolco (earlier centers had a Woolworth), and in rarer cases a department store such as Sears or JCPenney. American Stores also bought the Philadelphia franchise rights to the then fast-growing restaurant chain Pizza Hut in 1968. Acme would also acquire a number of stores from Kmart Foods (as did A&P, Safeway, and Kroger); however, in the late 1970s, many recently closed 1950s-era supermarkets in Philadelphia and close suburbs were reopened as independents IGA or Thriftway/Shop 'n Bag. Starting in the 1980s, these independents were overtaken by family chains Genuardi's (later acquired by Safeway and now defunct) and Clemens (also defunct) along with Giant-Carlisle and Giant-Landover in newer suburbs, and modernized Acme, Super Fresh, and Pathmark stores in the city and older suburbs not long after.

Acme in King of Prussia, Pennsylvania

From 1978 to 1982, Acme acquired many stores during Food Fair's bankruptcy, including both ex-Food Fair (by then known as discount grocer Pantry Pride) and Penn Fruit units. The bulk of these dated to the 1950s. The former Food Fair/Pantry Pride stores were replaced by or remodeled into stores with the standard Acme prototype of the 1970s, as were many expanded A-Frame buildings and a few former Pathmark (these were former ShopRite) stores. Former Penn Fruit buildings, with their trademark barrel roof, could not be adapted to this model. Even many A-Frames were replaced by the often older but larger acquired stores.

In the late 1960s into the 1970s, Acme introduced a new brand of stores, Super Saver that were high volume, but were in high-crime and low-income areas. Both chains had the slogan "Acme and Super Saver - you're going to like it here!" The brand Super Saver was retired in the 1980s, only to be resurrected in the 1990s in the West. Some isolated stores retained the signage into the early 1990s, however.

American Stores were sold in 1979 to the Skaggs Companies which took the American Stores name, moving its headquarters to Salt Lake City. Also in 1979, American Stores announced that it would be closing most of its stores in New York state. In the 1980s, American Stores undertook various acquisitions (including Chicago metropolitan area chain Jewel Food Stores) which ran the Jewel-T chain; it operated in many former urban Acme buildings. In 1995, Acme sold 45 stores in northeastern Pennsylvania to Penn Traffic.[4] American Stores was acquired by major Western and Southern chain Albertsons in November 1999.

In 2006, Albertsons' supermarket holdings were bought by Cerberus Capital Management and SuperValu and divided amongst the two companies, with Acme going to SuperValu. In 2013 Cerberus, which was operating the Albertsons stores it owned under the name Albertsons LLC, agreed to purchase Acme from SuperValu.

In July 2016, it was announced that Albertson's had entered into a purchase agreement with Ahold and Delhaize Group for a store in Salisbury, Maryland as part of the divestiture of stores to gain clearance from the Federal Trade Commission for the impending Ahold/Delhaize merger. The store is slated to be rebranded under the Acme banner.[5]

Current and future operations

Red indicates where Acme currently operates (other colors represent Acme's parent Albertson's footprint with its various banners)

Acme is the second-largest food and drug retailer in the Delaware Valley,[3] where it competes with such chains as Ahold's Giant-Carlisle, Giant-Landover, Food Lion, and Stop & Shop; Wakefern Food Corporation's ShopRite; Walmart and its warehouse club subsidiary Sam's Club; warehouse club Costco; natural/organic products retailer Whole Foods Market; Wegmans Food Markets; Trader Joe's and its discount subsidiary Aldi; and various smaller chains. Acme was the regional sales leader in the Philadelphia area for decades, and only lost its lead to ShopRite in 2011.

Acme offers online grocery shopping[6] for orders that can be picked up at the store. Before 2009, Acme also delivered to customers through online orders. In 2004, Acme introduced self-checkout stands, where shoppers could scan and bag their own groceries; however, many stores (including acquired stores - see below) have had their self-checkouts removed in an effort to expand customer service. In 2008, many Acme stores began adding hot food bars to the deli section.

In July 2015, Acme's competitor A&P announced it would be filing for Chapter 11 bankruptcy protection for the second time in three years and ceasing operations after 156 years. A&P began placing many of its stores up for auction shortly thereafter, and Acme placed bids on 76 of them, eventually taking the leases to 71 stores in all from A&P's namesake brand and its subsidiaries Pathmark, Waldbaum's, Superfresh, and The Food Emporium.[7] This enabled Acme to expand its footprint in the Philadelphia metropolitan area, where they competed with both Pathmark and Superfresh for business, re-establish its presence in the New York metropolitan area, which had been greatly scaled back over the previous two decades, and return to former market areas like Delaware and Maryland. In addition, Albertsons was able to return to Connecticut with some of its purchases; in 2006, Acme's corporate sibling Shaw's sold off or closed all of its stores in Connecticut. It was also announced in August 2015 that Acme would be taking over a former Genuardi's location in Barnegat, New Jersey; this was made possible by the merger of Albertsons and Safeway, which had owned the Genuardi's chain before shutting it down a few years before, and continued to own the lease on the property. (This store opened February 5, 2016.) Acme has also completed the purchases of the leases of two closed A&P stores in Boonton, New Jersey, and Patterson, New York, that it plans to reopen, as well as an A&P Wine & Spirits location in Riverside, Connecticut.[8] In April 2016, Acme closed three stores it had operated in Oxford, Pennsylvania; Bridgeton, New Jersey; and Shrewsbury, New Jersey. (The Shrewsbury location, however, was essentially just replaced by a former A & P Fresh store Acme acquired as a result of the A&P bankruptcy in Tinton Falls, New Jersey.)

Headquarters

The headquarters of Acme are in East Whiteland Township, Pennsylvania, near Malvern.[9][10][11] The company was previously headquartered in Center City, Philadelphia, but moved to Malvern in 1974. Acme continued to house some support departments, including its accounting department, in Center City.[12]

Brands

The following are store brands that are currently sold at Acme Markets, or have been sold at Acme Markets:

Currently sold:

Formerly sold or phased-out:

Locations

The company presently operates 179 stores throughout Connecticut, Delaware, Maryland, New Jersey, New York, and Pennsylvania. However, there are few locations of buildings that are still branded, though not for the same business purposes such as in Medford Oregon.[13]

See also

References

  1. ↑ http://www.mainlinemedianews.com/articles/2015/11/18/main_line_times/news/doc564632d0eb0e2022741059.txt
  2. ↑ "2 Local ACME Supermarkets Set to Close". NBC 10 Philadelphia. Retrieved 2015-10-29.
  3. 1 2 "ShopRite edges Acme in Philadelphia-area grocery sales". Interstate General Media - philly.com. Retrieved 2012-10-26.
  4. ↑ "PENN TRAFFIC CLOSES 45 ACME STORE DEAL". Supermarket News. Retrieved 2015-02-01.
  5. ↑ "Ahold and Delhaize Group reach agreements with buyers to divest 86 U.S. stores, subject to FTC merger clearance". Nasdaq.com. July 13, 2016. Retrieved July 13, 2016.
  6. ↑ "Shop". AcmeMarkets.com. Retrieved 2008-01-30.
  7. ↑ "Three area SuperFresh stores become Acme markets this week". Digital First Media. Retrieved 16 December 2015.
  8. ↑ http://supermarketnews.com/ap-bankruptcy-2015/ap-selling-3-more-sites-acme-green-way-brand-allegiance
  9. ↑ "Acme Fast Facts Archived July 7, 2011, at the Wayback Machine.." Acme Markets. Retrieved on February 14, 2011. "Division Office Headquarters at 75 Valley Stream Parkway, Malvern, PA 19355"
  10. ↑ "In the Community Archived December 28, 2010, at the Wayback Machine.." Acme Markets. Retrieved on February 14, 2011. "Acme Markets Attn: Dorothy Hamilton 75 Valley Stream Parkway Malvern, PA 19355."
  11. ↑ "East Whiteland township, Chester County, Pennsylvania." U.S. Census Bureau. Retrieved on February 14, 2011.
  12. ↑ "Acme Tradition / History Archived May 30, 2007, at the Wayback Machine.." Acme Markets. Retrieved on February 14, 2011.
  13. ↑ "Acme Markets Store Locator". Albertsons, LLC. Retrieved 17 December 2015.

External links

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