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The chain has been owned fully by Stater Bros. Holdings, a subsidiary of La Cadena Investments, owned by Stater's late chairman, president and CEO, Jack H. Brown, since 1986. [6] [7] In 1999, Stater bought 43 plus one future Albertsons and Lucky supermarkets during Albertsons' merger with American Stores.
Tracing its beginnings back to a small grocery store in Yucaipa, CA, twin brothers and World War II veterans Cleo and Leo Stater purchased the original Stater Bros. Market from W.A. Davis with a $600 down payment.
Stater Bros. is a private company owned by La Cadena Investments, a general partnership majority owned by the chain's chairman, chief executive officer, and president, Jack H. Brown. 1930s Origins. Stater Bros. was founded by twin brothers Cleo and Leo Stater in 1936.
Twin brothers Cleo and Leo Stater started the original Stater Bros Market with a $600 down payment and opened for business in August 1936. The company now owns and operates a chain of 169 ...
Jul 25, 2011 · Petrolane sold the Stater chain in 1983 to Hampshire Industries, which took a 51% stake, and La Cadena Investments — a company headed by Brown — which took a 49% stake. The chain went public ...
Oct 5, 2022 · San Bernardino, California (October 5, 2022) – Stater Bros. Markets, the largest privately owned supermarket chain in Southern California, announced that Phil Smith will retire as Chairman of the Board for Stater Bros. Holdings, Inc., effective immediately.
Aug 16, 2016 · PUBLISHED: August 16, 2016 at 10:04 p.m. Aug. 17, 1936: 24-year-old twin brothers Cleo and Leo Stater buy the W.A. Davis Market in Yucaipa with a $600 down payment on a $10,000 loan. 1937:...
Pete Van Helden. former Topco Chairman of the Board Chief Executive Officer, Stater Bros. Markets. TOPCO’S BOARD OF DIRECTORS. Topco's Board of Directors is comprised of representatives from ten member-owners along with Topco's President and CEO. Chairman.
Jack H. Brown, chairman of the board, president and CEO, has announced that company Founder Cleo Stater passed away on September 9, 2001 at home.
The Stater brothers purchased the original Stater Bros. Market from W.A. Davis with a $600 down payment and opened for business on August 17, 1936. Since then, Stater Bros. Markets has continued to grow and add additional stores
