Gem-Osco is a supermarket chain headquartered in Itasca, Illinois, a suburb of Chicago. Jewel-Osco has 187 stores throughout northern, central, and western Illinois; Eastern Iowa; and the northwestern part of Indiana. Jewel-Osco and Jewel is currently a wholly owned subsidiary of Boise, Idaho-based Albertsons. The company initially started as a door-to-door coffee delivery service before it expanded into non-durable food delivery and then went into grocery stores, and supermarkets. Prior to the 1984 acquisition by American Stores, Jewel evolved into a large multi-state holding company that operates several supermarket chains and other non-food retail chain stores located from coast to coast and operate with several different brand names.
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History
Beginning with home delivery
In 1899, Frank Vernon Skiff founded Jewel in Chicago, Illinois, as a door-to-door coffee delivery service. In 1902, Skiff partnered with his brother-in-law, Frank P. Ross, to rename the company Jewel Tea Company . In 1903, they had six routes and then 12 routes in 1904 with expansions to Michigan City, Kankakee, and Kewanee. There were 850 routes in 1915.
During World War I, companies faced soaring costs for materials and production and, complicating the issue, the US government ordered key gem production facilities. As a result, in 1919 the company suffered severe financial decline. However, within a few years, he returned to profit through the leadership of the new corporate officer, retired Commander John M. Hancock and Maurice H. Karker, both of whom gained extensive logistical experience as US Navy supply officers during the war.
In 1929, the company built new offices, warehouses, and coffee roasting facilities in the suburbs of Barrington, Illinois, creating hundreds of local jobs despite the Great Depression. Locals call the new five-story headquarters the "Gray Woman" because of its sophisticated art deco style. The location of Barrington serves as a headquarters and major warehouse facility for both the home delivery division and the food store until the completion of the new warehouse and office complex at Melrose Park in 1953.
In 1949, shipping was provided on 1876 routes in 43 states to customers mostly in small towns while customers in cities could go to 154 company-owned grocery stores.
Later, the service was expanded to include 350 groceries and 10,000 general merchandise in 1981 when Jewel decided to sell its "Jewel Home Shopping" division to its employees and escape from its roots. At the time of the divestment, the division provided services to customers in most of the small towns located along 1,000 routes in 42 states. This division became a cooperative with 700 members called "J.T. General Store" where each person selling the route is an independent entrepreneur.
In October 1994, a group of company managers acquired the assets of "J.T. General Store" and "creating Sales and Service of Dealer J.T.". In 1995, "Sales and Service of J. Dealers" provided services to 60,000 subscribers on 250 routes in 35 states.
Grocery store
The company's expansion continued throughout the mid-20th century. In 1932, Jewel acquired the Chicago unit of a Canadian company, Loblaw Groceterias, Inc., then a chain of 77 convenience stores, and four Chicago grocery stores operated by the Central West Store Company, and began operating under the name Jewel Food Store . In 1934, Jewel Food Stores joined the Jewel Tea Company.
The name of the holding company remained as "Gem Tea Company" until 1967 when the shareholders chose to change the company name to Jewel Companies, Inc. to better reflect the different market expansion.. In 1967, the company went public and its shares were traded on the Midwest Stock Exchange.
Eisner's southern gains and expansions
In 1957, Jewel acquired Champaign, Illinois based at Eisner Food Stores, located in downstate Illinois and later in central western Indiana (Lafayette, West Lafayette, and Bloomington). This acquisition is crucial as this is the first time Jewel maintains a new acquisition as a separate division within the Jewel organization with acquired stores retaining their original names, setting patterns for future acquisitions.
After the takeover of Jewel gems by American Stores in 1984, American Stores decided to save money by incorporating Eisner directly into Jewel, turning all the stores into Jewel names and slowly starting selling Eisner's previous property. One of the first properties to be released was the former Eisner warehouse facility in Champaign in 1986. With the Champaign storage facilities missing, many of Eisner's former locations became less profitable because they had to be serviced from the further Jewel warehouse in Melrose Park, justifying the removal of the site. The western Indiana store, three in Lafayette and two in Bloomington, was sold in 1990. Jewel also closed down Illinois central locations formerly Eisner in Decatur (in 1995), Champaign-Urbana (in 1998), and Springfield (2006)..
Non-food retail expansion
In 1961, Jewel acquired two growing non-food related retail chains, Chicago-based 'Osco Drug' stores, and a discount department store based in Brighton, Massachusetts, changed the Style, to equip them. food shop division when building a one-stop shopping destination, such as the new Family Center and a combination of drugs from Jewel-Osco (Eisner-Osco, Star-Osco, Buttrey-Osco). The acquisition of Osco and Turn Style allows Jewel to expand into non-food related retailers that will complement their existing food retail business and also to expand the geographic reach of its main food distribution business as non-food companies have different geographic footprints..
Jewel evolved into the home improvement retail market by acquiring Republic Lumber in 1972.
1960s-1970s expansion
During the 1960s, Jewel developed by acquiring several chains.
Jewel expanded their own grocery store holdings by acquiring the Cambridge, Massachusetts-based Star Market in 1964 and Great Falls, Montana Buttrey Food Stores in 1966 to add to their existing Gems. and Eisner's food chain.
The acquisition of Star Market also gives Jewel control of Brigham's Ice Cream, which has been part of the Star since 1961. Jewel then sold Brigham's in 1982.
In 1965, Jewel expanded the supermarket business by opening Kwik Shoppe , a chain that quickly renamed White Hen Pantry in a few months.
Before 1970, Jewel stores were usually located in arterial city streets. Between 1970 and 1990, Jewel moved or expanded most of its stores into free-standing buildings with large parking lots. Throughout the 1960s and 1970s, Jewel built and operated many Jewel-Osco side stores, but much of the construction after 1983 consolidated Jewel and Osco stores together as one large store under one roof. Today, two stores are present to customers as a unit; for example, customers can check the items at Jewel or Osco's registers, find Jewel and Osco items mixed all over the store, and can call a phone number to reach Jewel-Osco. However, each operating unit maintains its own separate marketing identity to the public as a "food store" or "drug store".
The first Jewel-Osco combination drug store was built in 1962.
Jewel opened five stores in Michigan in the 1970s, but closed all five in 1996.
In 1971, Jewel expanded their brand northward to Wisconsin by acquiring eight failed stores from Kroger and renaming Jewel stores. After a decade of operation, Jewel closed all their stores in Wisconsin in 1980. The location was sold to Sentry Foods. Jewel did not return to Wisconsin until 1998.
Until 2010, Jewel and Osco stores under the same roof have separate operations, managers, reservations and admissions procedures, budgets, and employees. The 2010 cost savings measure brings Jewel and Osco oversight under one store director to each site.
In 1978, Jewel Companies, Inc. seeks to acquire Skaggs Companies, Inc. through a stock exchange in which Jewel will become a surviving company and still based in Melrose Park instead of Salt Lake City. A few months later, Skaggs declined the merger bid. At the time, Skaggs had 229 stores.
After six years, Jewel suffered a lot of losses due to failed marketing concepts and general management mistakes while Skaggs became bigger and strong enough to take a cruel takeover over Jewel under his new name, American Stores.
American Store
American Stores made an offer to acquire the Gem Company in 1984. Chairman of Permata Company, Inc. Weston Christopherson opposed the merger and Sam Skaggs was forced to engineer a cruel takeover. On June 1, 1984, American Stores offered a $ 1.1 billion offer for 67 per cent of Permata's remarkable shares at $ 70 per share.
For two weeks, Jewel's management rejected all comments on the offer, maintaining its silence even at a stormy shareholder meeting before the Permata shareholder groups controlling 20 percent of the company's shares have gone out to negotiate with American Stores. Finally, on June 14, Sam Skaggs and Jewel president Richard Cline reached an agreement after an all-night bargain session. American Stores raised its offer for Jewel preferred stock, raising its total bid to $ 1.15 billion in cash and securities. In return, Jewel dropped plans for a defensive acquisition from Household International Inc. and accepted the American Store offer. American Stores soon sold Buttrey Food Stores (in 1990), Star Market (in 1994), and White Hen Pantry (in 1985), to pay off debts and for other reasons.
The 1990s expansion under American Stores
In 1989, the American Store expanded to Florida using the Permata-Osco name, but operated as a separate division different from the Jewel-Osco midwest operations. The name Jewel returned to Florida five years after the company shut down all of its Jewel-T grocery stores in 1984. Florida is considered a good market for Jewel because of the high number of Chicago residents moving into the country. After three years of operation, American stores closed Jewel-Osco stores and sold them to Albertsons in 1992.
To consolidate the names of some of its subsidiaries under a single title with national recognition, American Stores renamed some Skaggs-Alpha Beta stores to Jewel-Osco in mid-September 1991. The Americans replaced the name Skaggs-Alpha Beta under the name Jewel-Osco in all 76 stores in Texas, Oklahoma, New Mexico, and Arkansas, extending the chain toward the southwestern state. Within six months, American Stores sold all Jewel-Osco locations in the states of Texas, Oklahoma, Arkansas and Florida to Albertsons but kept a location in New Mexico state for several more years.
In 1998, American Stores renamed the Jewel-Osco store in New Mexico to Lucky/Sav-on, a grocery store/drug store used by American Stores in neighboring Arizona. After the acquisition of the American Store by Albertsons just a few months later, New Mexico stores were re-branded again into Albertsons Sav-on in 1999.
Under American Stores, Jewel returned to Wisconsin by opening a Jewel-Osco shop in a new shopping center in Kenosha, Wisconsin in 1995. Jewel returned to Milwaukee in 1998 by purchasing a Pick 'n Save store and four Cub Foods stores and turning them into Stores Jewel Osco.
In the late 1990s, Jewel bought the Milwaukee, Wisconsin, food chain and opened fifteen Jewel-Osco combo outlets in the Milwaukee metro area, some of which used urban design.
Albertsons and SuperValu
Albertsons acquired American Stores ownership, including Jewel and Jewel-Osco stores, in 1999.
Seven years later, the parent company of Albertsons and his shop will be taken over by two separate groups. On May 30, 2006, the shareholders approved the outbreak of Albertsons. All Jewel-Osco and Gem Jewelery Stores outside Springfield, Illinois are now wholly owned by SuperValu. Springfield stores, meanwhile, were acquired by an investment group led by Cerberus Capital Management. Both have been sold to Niemann Foods, an independent operator of grocery stores, supermarkets and department stores in Central Illinois now operating under the County Market brand. All of Osco's stand-alone drugstores are now owned by CVS Pharmacy. Osco's name is still used for pharmacies in Albertsons, Jewel, Star Market, and Shaw's.
SuperValu announced on January 5, 2007, that it would offer to sell its Jewel-Osco shop in the Milwaukee area. Select 'n Save consent to fetch five out of 15 stores. The other two stores were bought by Lena's Food Market. SuperValu announced to its workers that the remaining stores, if not sold, would close by the end of March.
In 2008, Illinois-based Jewel-Osco division headquarters were moved from Melrose Park to Itasca.
Jewel Express
In 1997, Albertsons experimented with adding a gas station and small shop in front of one of his stores in Eagle, Idaho. Since the experiment was quite successful, Albertsons decided to extend this concept to all stores that would be able to support it and be allowed by local government zoning. The new concept is called Albertsons Express .
After Albertsons acquired American Stores in 1999, Albertsons wanted to expand the Albertsons Express concept to an American chain of stores before. The first Jewel Express opened in front of Jewel-Osco in South Elgin in October 2000.
In an effort to increase revenue in 2009, Supervalu increased the Express concept by enlarging the store, adding more marketing tie to the main store, and even adding car wash. This change does not help Supervalu's bottom line so that in 2011 Supervalu announces that they are out of the fuel business and will sell or close all fuel stations received when buying Albertsons which includes 29 received Jewel Express stations. The same announcement says that 27 Jewel Express locations will be sold to Alimentation Couche-Tard, Circle K's parent, and all unsold locations will be closed. Some new Circle K locations are paired with the Shell fuel brand.
Urban Fresh
In 2008, SuperValu transformed one of Sunflower Market's closed stores on Clybourn Avenue into Urban Fresh by Jewel , a smaller shop than the usual Jewel, with more upscale and organic products. It was announced that this store will close on October 31, 2009, and there are no plans to reopen the stores under this banner.
LEED certified
In October 2008, Jewel-Osco opened its first LEED certified store in Kinzie & amp; Des Plaines in Chicago. The new store is built with recycled materials and 98% recycling of construction debris. It features a roof garden, uses water-saving devices, has a non-ozone-depleting coolant in refrigeration equipment, uses a refrigerant detection system, and has energy-saving lighting.
Today
Jewel-Osco employs over 45,000 partners. The customer base gave a 45 percent market share in the wholesale market in Chicago, trailed by Dominick's Dominick chain owned by Inc. (ranked second with 15 percent) before closing. Consumers from 80 percent of all households in the Chicago metropolitan area visit Jewel-Osco stores at least once a month.
On January 10, 2013, SuperValu announced the sale of Jewel food stores to Cerberus Capital Management in a $ 3.3 billion deal. The deal closes on March 21, 2013.
Acquisition Strack & amp; Van Til
On May 15, 2017, Jewel-Osco made an offer to buy all 19 Strack & amp; Van Til wholesale shop for $ 100 million. The Gem-Osco offer was ultimately unsuccessful and the stores were sold at a bankruptcy auction to the Strack and Van Til families and the Indiana Grocery Group.
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Old business
Over the years, Jewel has tried other concepts and ideas. It is credited with selling the first generic brand product line in 1977. Packaging has no name or image - just a table of contents, UPC, and nutritional information required on a white package with a pseudo-army surplus, olive-green line. The generic line was branded "Econo Buy" in the early 1990s.
Jewel Grand Bazaar
In 1973, the Gem Company opened an experimental Jewel Grand Bazaar , on the southwest side of Chicago; a store that covers the entire city block on the northwest corner of 54th Street and Pulaski Road. This store features mass packaging, free samples on weekends and 24-hour service. View photo: photo This experimental shop operated from 1973 to the 1980s, when it was reformatted as a standard Jewel-Osco combo store. The second Grand Bazaar opened in 1974 at 87 W. 87th St in Chicago and in 1977, a "Jewel Grand Bazaar" opened at 6505 W. Diversey at the Brickyard Mall. The fourth location opened at Franklin Park in 1975.
During the 1990s, the Grand Bazaar Diversey Avenue was reformatted into a regular Jewel grocery store, but continues to carry some traditional "Grand Bazaar" features like mass food. With the reconstruction of the Brickyard Mall in 2003, the Grand Bazaar store was demolished and replaced with a smaller Jewel grocery store. Rockford, Illinois also has the Jewel Grand Bazaar. There is also one on Grand Ave. and Kostner Ave. on the west side of Chicago. The last "Grand Bazaar" format store opened in 1976 on Grand ave. and Mannheim Road in Franklin Park, Illinois. The building is currently being operated as a Jewel-Osco. Both the Chicago Tribune and the Chicago Sun-Times record when these stores were completely changed or closed.
Turn on Style
In 1961, Jewel Companies, later Jewel Tea, acquired a chain of discount stores in the Chicago area called Turn Style . This chain was quite successful throughout the 1960s. Some locations are merged with the Jewel supermarket brand to form the Family Center . In 1978, 19 of the 22 locations were sold to May Department Stores and converted to Venture format. The other shops are converted into the great Osco Drug Store.
Jewel T
In the late 1970s and early 1980s, Jewel Companies operated a network of no-frills grocery stores called Jewel T. Typical stores tend to be rather small, 8,000 square feet instead of 30,000 typical for a full-service supermarket, with somewhat limited options. for canned and dried food and not easily damaged, but everything is sold at a discount.
To avoid selling cannibals from markets in the Midwest and North East Atlantic States, the first Jewel T location opened in New Port Richey, Florida in 1977, was quickly followed by two other stores in St. Petersburg during the same year. Jewel T expanded to Pennsylvania in 1978 and Atlanta in 1979. Jewel T had about 30 stores in two states in early 1979 and 44 stores in four countries in the following June.
By the end of 1979, Jewel T had 87 stores located in the states of Florida, Georgia, Texas, Pennsylvania, Delaware, New Jersey, Tennessee, and Alabama. In the first month of 1980, Jewel T opened eight stores in Southern California are very competitive. In 1981, Jewel T opened a shop in Atlanta and his 150th store in Louisiana.
At its peak in 1981, Jewel T operates 150 stores in 10 countries located mainly in Mid-Atlantic, South East, Gulf Coast, Deep South, and Southern California. At the same time begin to experience problems in competing against full service supermarkets who are fighting back by dropping prices, in some cases with or under fees, on the same limited goods that Jewel T and specialty discount food stores specialized in stockings. Within a few years, the company started selling unfavorable locations. As early as 1984, some 131 locations remained.
In March 1984, the company closed all 21 Jewel T stores in Southern California. Seven of the leases and most of the inventory are sold to 99 Cents Only Stores.
A few months later, 105 stores remained when the chain was finally sold in two separate transactions in June 1984, 28 stores in Texas were sold to a group of temporary managers. 77 other stores in Florida, Georgia, Pennsylvania and New Jersey were sold to Save-A- Lot.
Republic Lumber
The Jewel Company grew into a hardware and home improvement business by acquiring Republic Lumber in 1972. In 1979, Jewel, under the Osco division, sold four out of five Lumber Republican locations to R & L Lumber, the holding company of Handy Andy Home Improvement Center, and closing the fifth. They are located on the west side of Chicago at 4052 W. Grand Ave (former Permata opened in 1957 to celebrate the 25th anniversary of the chain), Oak Lawn, Arlington Heights and Chicago Heights. The fifth location in Norridge closed in early 1979 when the lease was not renewed, which later became the location of Joseph Lumber.
Brand President's Choice house
As a subsidiary division of American Stores, Jewel-Osco began offering the Canadian Presidential Choice branded product in 1992. President's Choice is a home brand created and distributed by Loblaw Companies Limited in Toronto, Ontario. Loblaw makes extra money by offering their Presidential Choices to other retailers who are not competing in their home marketing area. Under the American Stores marketing agreement with Loblaw, American Stores is the exclusive distributor of President's Choice brand in every American Shop, marketing area. The marketing agreement between Jewel and Loblaw ceased when Albertsons acquired American Stores. In 2011, Supervalu changed its home brand in Jewel under its own Culinary Ring and Harvest Private Harvest brand.
Organizational philosophy
A 1972 book written by senior Jewel leaders, The Jewel Concepts, emphasizes good citizenship in the community, "watching the horizon," and sponsoring young people.
In an online article of the Illinois Retail Merchants Association, retired Permata-Osco chairman Don Perkins reflects, "Gems have a people-oriented tradition." One of these traditions comes in the form of a "first assistant" management philosophy. Each higher level manager is seeing himself as serving the employee he or she is managing. At the store level, this means that managers will be "first assistants" to employees by making personal contact and taking personal interest, solving problems, suggesting solutions, and using flexibility to serve employees' concerns. Then the job of the floor employee is to serve as the "first assistant" to the customer.
Jewel is also progressive in creating partnerships with vendors, at a time when practice is rare.
Shop
The store is now
- Albertsons LLC owns this Jewel-Osco shop:
- The Jewel-Osco and Jewel stores (168 stores), are located in the Chicago metro area, including northwest Indiana.
- Gem-Osco and Permata Shop (10 stores), located in Central and Western Illinois, Eastern Iowa.
Used store
- This former Jewel-Osco or Permata store is now owned by Niemann Foods and renamed to County Market
- Jewel-Osco (2 stores) located in Springfield, Illinois (originally acquired by Cerberus )
- All stand-alone Osco drugstores (90 stores in Indiana, Illinois, Missouri, Kansas, and Wisconsin) are sold to CVS and renamed CVS/pharmacy .
- Two locations in southern Wisconsin, located north of the border in Kenosha and Racine, have both been closed down.
See also
- Buttrey Food Stores
- Eisner Food Store
- Osco Drug
- Star Markets
- Turn on Style
- Hen Pantry White
References
Further reading
Allen, Carl (23 April 1987). "Kunjungan Jewel T Man Selalu Sambutan". Lakeland Ledger .
Tautan eksternal
- Jewel-Osco Homepage
Source of the article : Wikipedia
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