![]() ![]() After taking 60 years to reach the $1 billion mark, its takes only six years to realize $2 billion in sales.ġ982: Stop & Shop pioneered the superstore concept in Pembroke. and operates 86 stores.ġ961: Diversification outside the food business begins when it purchased the now-defunct department store chain Bradlees.ġ970s: Stop & Shop surpasses the historic $1 billion sales mark.ġ980s: The company reaches the $2 billion mark. Sales in the first year are $2 million, equivalent to about 45 conventional stores at the time.ġ947: Company becomes Stop & Shop, Inc. Jessica Trufant may be reached at The Rabinovitz family opened the Economy Grocery Stores Company in Somerville.ġ918: Sidney Rabb joins the company and the family introduces self-service to the stores, pioneering the concept of modern supermarket.ġ925: Known now as the Economy Grocery Stores Corporation, the company goes public.ġ935: The Rabbs open New England’s first supermarket in Cambridge. ![]() “I think we need to be much more of a resource than we’ve been in the past and I feel we’re more posed for that moving forward,” he said. Combining convenience with the demand for healthy food, Kelley said the company has the opportunity to serve as an educational resource and provide solutions for eating well.
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