American Stores [SEP] dissolved or abolished
American Stores
American Stores Company was an American public corporation and a holding company which ran chains of supermarkets and drugstores in the United States from 1917 through 1999. The company was incorporated in 1917 when The Acme Tea Company merged with four small Philadelphia, Pennsylvania area grocery stores "(Childs, George Dunlap, Bell Company," and "A House That Quality Built)" to form American Stores. In the following eight decades, the company would expand to 1,575 food and drugstores in 38 states with $20 billion in
Skaggs. Stores in several markets having both an Alpha Beta supermarket and a Skaggs Drug Center drugstore presence were combined (or expanded) to combination food and drug stores and re-branded "Skaggs-Alpha Beta".
- In 1977, Skaggs Companies, Inc. had amicably dissolved a partnership started in 1969 with the Albertsons supermarket chain which pioneered the first combination food-drug with stores named "Skaggs-Albertsons".
To consolidate the names of some of its subsidiaries under one title with nationwide recognition, American Stores