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Encyclopedia > Price Chopper (New York)
Price Chopper
Type Private
Founded 1973 (Schenectady, New York)
Headquarters Rotterdam, New York
Industry Retail
Products Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, sushi, produce, seafood, snacks, liquor
Website www.pricechopper.com
For other stores with this name, see Price Chopper.

Price Chopper is a chain of supermarkets headquartered in Rotterdam, New York. The chain began operating as Central Markets in Schenectady, New York in 1933 and changed its name to Price Chopper in 1973. It is presently owned by the Golub Corporation and run by Lewis and Neil Golub. In 2007, it was announced that current headquarters would be converted entirely into warehouse space, with the company's offices moving to downtown Schenectady by 2009. For the song by James Blunt, see 1973 (song). ... Schenectady (pronounced ; Θkahnéhtati[1] in Tuscarora) is a city in Schenectady County, New York, United States, of which it is the county seat. ... Rotterdam is a town in Schenectady County, New York, United States. ... Drawing of a self-service store. ... A website (alternatively, web site or Web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or more web servers, usually accessible via the Internet. ... Price Chopper is a chain of supermarkets, headquartered in Rotterdam, New York. ... Packaged food aisles in a Fred Meyer store in Portland, Oregon A supermarket is a departmentalized self-service store offering a wide variety of food and household merchandise. ... Rotterdam is a town in Schenectady County, New York, United States. ... Schenectady (pronounced ; Θkahnéhtati[1] in Tuscarora) is a city in Schenectady County, New York, United States, of which it is the county seat. ... Year 1933 (MCMXXXIII) was a common year starting on Sunday (link will display full calendar) of the Gregorian calendar. ... For the song by James Blunt, see 1973 (song). ... Schenectady is a city located in Schenectady County, New York, of which it is the county seat. ... 2009 (MMIX) will be a common year starting on Thursday of the Gregorian calendar. ...

Contents

History

In 1933, Russian Jewish immigrants Bernard and William Golub opened their first Central Markets in Schenectady, NY. It was a success and they continued to open many more stores in the region. In 1943, the Golub brothers bought out Joseph Grosberg and formed the present parent company, the Golub Corporation. In 1951, they were one of the first grocery chains in the country to issue the well-known S&H Green Trading Stamps. Year 1933 (MCMXXXIII) was a common year starting on Sunday (link will display full calendar) of the Gregorian calendar. ... Year 1943 (MCMXLIII) was a common year starting on Friday (the link will display full 1943 calendar) of the Gregorian calendar. ... Year 1951 (MCMLI) was a common year starting on Monday (link will display the full calendar) of the Gregorian calendar. ... S&H Green Stamps (also called Green Shield Stamps) were a form of trading stamps popular in the United States between the 1930s and early 1980s. ...


In the fall of 1973, Central Markets changed their operating strategy. They dropped the Green Stamps, slashed their prices, and to reflect this new strategy changed the stores' name to Price Chopper. (The name Central Markets is now used as their upscale house brand.) Since then Price Chopper has continued to grow, opening new stores and upgrading old ones. The early logo used a stylized silver dollar with the axe blade chopping directly into Liberty's forehead. For the song by James Blunt, see 1973 (song). ...


Store Modernization Project (1980s-1990s)

Price Chopper was an early innovator in the conversion of conventional stores to superstores and combination (food and drug) units. The first Price Chopper Super Center opened in the early 1980s in Latham, New York, followed by an even larger unit constructed in Glens Falls, New York, in 1986. The Super Centers, which were state of the art by 1980s standards, often featured full-service meat, seafood, and bakery departments, as well as pharmacies and banks (features new to supermarkets at the time). These units were also known for their unconventional layouts with aisles facing horizontally, or away from the cash registers, rather than the traditional vertical arrangement with the aisles facing the cash register area. Very few Price Chopper stores still retain this layout today; examples are the locations in Colonie, New York, Binghamton, New York and Shrewsbury, Massachusetts. Latham is a hamlet in Upstate New York, north of Albany, along U.S. Route 9. ... Glens Falls is a city located in Warren County, New York. ... Colonie is a town located in Albany County, New York, USA. As of the 2000 census, the town had a total population of 79,258. ... This article is about the City of Binghamton, New York. ... Location in Worcester County in Massachusetts Coordinates: , Country State County Worcester County Settled 1722 Incorporated 1727 Government  - Type Representative town meeting  - Town    Manager Daniel J. Morgado  - Board of    Selectmen Bruce Card Maurice DePalo Moira Miller John Lebeaux James A. McCaffrey Area  - Town  21. ...


In 1993, Price Chopper launched an updated version of the Super Center format with their South Hills Mall store (#2--store closed on July 15, 2006 and is being converted into a ShopRite) in Poughkeepsie, New York when the chain entered Dutchess County, New York. The updated concept had a greater emphasis on take-out/ready meals, some featuring food courts with Price Chopper's own in-house branded concepts, including Roasters (rotisserie), Bella Roma (pizza), Coyote Joes (tacos), and the Bagel Factory. Under the newer prototype, the aisles were also placed back in the traditional vertical arrangement at the request of many customers finding the former layout quite confusing. South Hills Mall is a shopping mall in the town of Poughkeepsie, New York, not far from Wappingers Falls. ... is the 196th day of the year (197th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... ShopRite logo used since 2000 ShopRite (or its full name ShopRite Supermarkets) is a retailers cooperative (co-op) chain of supermarkets in the Northeastern United States, in the states of New Jersey, New York, Connecticut, Delaware, and Pennsylvania. ... Poughkeepsie is a town located in Dutchess County, New York, USA. As of the 2000 census, the town had a total population of 42,777. ... Dutchess County is a county located in the U.S. state of New York. ...


Expansion into New England

Prior to 1990, Price Chopper was barely a player in the New England market, with only about a half dozen outlets in Massachusetts and Vermont; they acquired the now-defunct Giant Value supermarket chain in the late 1970s, which accounted for most of their New England locations at the time. However, beginning in the early 1990s, the chain began an aggressive expansion eastward into the New England region, primarily focusing on further growth in Vermont and Massachusetts. Today the chain operates about 35 stores in this region and continues to grow. This article is about the region in the United States of America. ... This article is about the U.S. state. ... This article is about the U.S. state. ...


In 1990, Price Chopper acquired many stores in Vermont from Syracuse-based P&C Food Markets. (The FTC was requiring P&C to sell off several stores at the time because of its parent company's decision to increase its ownership stake in the Grand Union Co.) Throughout the 1990s, Price Chopper made an attempt to either modernize, expand, or construct replacement stores for many of the acquired P&C locations. This article is about the year. ... This article is about the U.S. state. ... Grand Union was a large supermarket chain based in Elmwood Park, New Jersey (later moving to Wayne, New Jersey) operating in the northeastern United States. ...


In 1995, Price Chopper acquired The Wonder Market Companies' twelve Big D stores in the Worcester, Massachusetts area, rebranding them or replacing them with Price Chopper stores. Year 1995 (MCMXCV) was a common year starting on Sunday. ... For other uses, see Worcester (disambiguation). ...


In 1999, Price Chopper opened its first New Hampshire store in West Lebanon. However, the chain has been slow to grow in the Granite State, as it only recently opened its second New Hampshire location in January of 2006 - a 74,000 square foot market center in Keene. Events of 2008: (EMILY) Me Lesley and MIley are going to China! This article is about the year. ... For other uses, see New Hampshire (disambiguation). ... West Lebanon, New Hampshire, is a small village (pop. ... Nickname: Location in Cheshire County, New Hampshire Coordinates: , Country State County Cheshire Settled 1736 Incorporated 1753 (town) Incorporated 1874 (city) Government  - Mayor Michael E.J. Blastos  - City Council Charles H. Redfern Angelo D. DiBernardo, Jr. ...


In recent years, Price Chopper has also begun to expand rapidly into Connecticut (primarily in the Hartford suburbs) where it now operates six stores and recently opened a seventh on August 21st in Windsor Connecticut. During grand opening of Windsor store #221, Price Chopper raised the most they ever have for their non-profit organization. Official language(s) none (de facto English) Capital Hartford Largest city Bridgeport[2] Largest metro area Hartford Metro Area[3] Area  Ranked 48th in the US  - Total 5,543[4] sq mi (14,356 km²)  - Width 70 miles (113 km)  - Length 110 miles (177 km)  - % water 12. ... Hartford redirects here. ...


Attempt at convenience retailing

In 2002, Price Chopper exited the convenience store business by leasing out its remaining convenience locations to Petroleum Marketing, a Getty operator. Price Chopper had attempted to enter the convenience store business during the 1980s by opening smaller stores with gas under the "Mini Chopper" trade name, but was largely unsuccessful. It was perhaps quite difficult for Price Chopper to emerge as a successful convenience retailer with Saratoga Springs, NY-based Stewart's Shops already having such an overwhelmingly dominant position in the convenience store business throughout large portions of Price Chopper's market area. Also see: 2002 (number). ... Getty can refer to: Estelle Getty - American actress George Franklin Getty J. Paul Getty - Wealthy American industrialist Paul Getty - J. Paul Gettys son Getty Oil - The oil company founded by J. Paul Getty getty is a piece of software for putting a login prompt on a tty This is... Saratoga Springs is a city located in Saratoga County, New York. ... This article does not cite any references or sources. ...


Today

Store Count By State
New York 71
Massachusetts 14
Vermont 13
Pennsylvania 8
Connecticut 7
New Hampshire 2
TOTAL 116

Price Chopper currently operates 116 stores in Upstate New York, Connecticut, Pennsylvania, Vermont, Massachusetts, and New Hampshire. Its locations are all serviced from the same warehouse in Rotterdam, NY. Price Chopper's primary market is still the Capital District of New York, where about one-third of its store base is located. Other major markets for Price Chopper include Utica, Syracuse, and Binghamton in New York, as well as Scranton, Pennsylvania, Worcester, MA, and Burlington, VT. Price Chopper primarily competes with Hannaford, Shaw's, and Stop & Shop in the eastern portion of its trading area, while facing competition from Wegmans, and Penn Traffic (P&C) in the west. This article is about the state. ... This article is about the U.S. state. ... This article is about the U.S. state. ... This article is about the U.S. State. ... Official language(s) none (de facto English) Capital Hartford Largest city Bridgeport[2] Largest metro area Hartford Metro Area[3] Area  Ranked 48th in the US  - Total 5,543[4] sq mi (14,356 km²)  - Width 70 miles (113 km)  - Length 110 miles (177 km)  - % water 12. ... For other uses, see New Hampshire (disambiguation). ... The areas highlighted in YELLOW and GREEN are those which are considered to be a bona fide part of Upstate New York from the perspective of New York City. ... Official language(s) none (de facto English) Capital Hartford Largest city Bridgeport[2] Largest metro area Hartford Metro Area[3] Area  Ranked 48th in the US  - Total 5,543[4] sq mi (14,356 km²)  - Width 70 miles (113 km)  - Length 110 miles (177 km)  - % water 12. ... This article is about the U.S. State. ... This article is about the U.S. state. ... This article is about the U.S. state. ... For other uses, see New Hampshire (disambiguation). ... The Capital District is an imprecise regional definition (much like Upstate New York) that generally refers to the four counties surrounding Albany, the capital of New York: Albany County, Schenectady County, and Rensselaer County. ... Utica, New York is a city in the state of New York, and the county seat of Oneida County. ... Nickname: Location of Syracuse within the state of New York Coordinates: , City Government  - Mayor Matthew Driscoll (D) Area  - City 66. ... This article is about the City of Binghamton, New York. ... Scranton redirects here. ... For other uses, see Worcester (disambiguation). ... Burlington is the largest city in the U.S. state of Vermont and is the shire town of Chittenden County, Vermont. ... Hannaford is an American supermarket chain. ... Shaws Supermarkets, along with sister store Star Markets, is presently the second largest grocery group in the northeast United States. ... The Stop & Shop Supermarket Company is a chain of supermarkets located mostly in New England. ... Wegmans Food Markets, Inc. ... The Penn Traffic Company operates 109 supermarkets in Pennsylvania, upstate New York, Vermont and New Hampshire. ...


The Golub Corporation, a leading employer in the Capital District of New York, is 55% employee-owned, with the other 45% remaining in the hands of the Golub family. President and CEO Neil Golub is a well-known philanthropist in the region. Price Chopper's charitable arm, the Golub Foundation, sponsors many special events such as the Empire State Plaza's annual Independence Day celebration in Albany, New York. The Capital District is an imprecise regional definition (much like Upstate New York) that generally refers to the four counties surrounding Albany, the capital of New York: Albany County, Schenectady County, and Rensselaer County. ... This article is about the state. ... A glimpse of The Egg—the egg-shaped performing arts center at the Empire State Plaza—as seen from State Street. ... For other uses, see Albany. ...


On November 7, 2006 it was announced that Price Chopper may buy the Buffalo, New York based TOPS Supermarket chain from AHOLD USA or a significant amount of their stores. [1] is the 311th day of the year (312th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Nickname: Location of Buffalo in New York State Coordinates: , Country State County Erie First Settled 1789 Founded 1801 Incorporated (City) 1832 Government  - Mayor Byron Brown (D) Area  - City 52. ...


As of April 2008 it is said that the Waterbury, CT location will be closing and the location is being purchased by rival chain Shoprite. Thus marking a huge step back for the chain in a highly competetive area which recently saw the Shaw's Waterbury location close up in September of 2007.


The May 20th Waterbury Republican Newspaper confirmed that the Waterbury Price Chopper is closing for good at 6PM June 9th. [2] is the 140th day of the year (141st in leap years) in the Gregorian calendar. ...


Ben and Bill's

In late 2005, renovations on the eight year-old Slingerlands store (#159) began. Plans for the renovation included the opening of a New York-style sandwich shop to be named "Ben and Bill's" after the founders of the company. If the sandwich shop is successful at the Slingerlands store, it will be incorporated into stores throughout the chain. The Sandwich Shop is now open, selling a variety of pre-packaged products, such as typical New York City pastries, along with sandwiches and deli items. It stands next to the store's regular deli and is themed to look like a traditional New York City delicatessen. The second Ben and Bill's is set to open July '08 in the Saratoga Springs (#158) store.


Market share by region

Price Chopper holds a strong position in several of the markets in which it operates, including Albany-Schenectady-Troy, NY, Worcester, MA, and Utica-Rome, NY. Market share, in strategic management and marketing, is the percentage or proportion of the total available market or market segment that is being serviced by a company. ...


Albany-Schenectady-Troy, NY (Capital Region) The Capital District is an imprecise regional definition (much like Upstate New York) that generally refers to the four counties surrounding Albany, the capital of New York: Schenectady County, Albany County, Saratoga County and Rensselaer County. ...


1.) Price Chopper - 36.0%


2.) Hannaford - 21.1% Typical Hannaford store. ...


3.) Stewart's Shops - 12.7% This article does not cite any references or sources. ...


4.) Wal-Mart Supercenters - 10.9% Wal-Mart Stores, Inc. ...


5.) BJ's Wholesale Club - 5.6% BJs Wholesale Club, Inc. ...


(Source: Supermarket News, October 17, 2005)


Worcester, MA


1.) Price Chopper - 19.5%*


2.) Shaw's - 18.7% Shaws Supermarkets, along with sister store Star Markets, is presently the second largest grocery group in the northeast United States. ...


3.) Stop & Shop - 18.2% The Stop & Shop Supermarket Company is a chain of supermarkets located mostly in New England. ...


4.) Hannaford - 11.9% Typical Hannaford store. ...


(Source: Supermarket News, October 17, 2005)


* Figure was combined with Big D/Wonder Markets which was acquired by Price Chopper


Utica-Rome, NY


1.) Wal-Mart Supercenters - 26.1% Wal-Mart Stores, Inc. ...


2.) Price Chopper - 17.6%


3.) Hannaford - 13.3% Typical Hannaford store. ...


4.) Tops Markets - 12.9%* Tops Friendly Markets, usually referred to as just Tops, is an American supermarket chain based in Williamsville, New York, with stores in the western and central regions of that state, northwestern Pennsylvania and northeastern Ohio (the latter having once been Finast). ...


5.) Penn Traffic (P&C) - 9.8% The Penn Traffic Company operates 109 supermarkets in Pennsylvania, upstate New York, Vermont and New Hampshire. ...


(Source: Supermarket News, October 17, 2005)


*Since this study was conducted, Tops has exited the Utica market and sold three of its units to Hannaford


Burlington, VT


1.) Hannaford - 48.9% Typical Hannaford store. ...


2.) Shaw's - 18.4% Shaws Supermarkets, along with sister store Star Markets, is presently the second largest grocery group in the northeast United States. ...


3.) Costco - 12.6% Costco Wholesale Corporation (NASDAQ: COST) is the largest membership warehouse club chain in the world based on sales volume, headquartered in Issaquah, Washington, United States,[1] with its flagship warehouse in nearby Seattle. ...


4.) Price Chopper - 11.6%


5.) Grand Union- 5.5% Grand Union was a large supermarket chain based in Elmwood Park, New Jersey (later moving to Wayne, New Jersey) operating in the northeastern United States. ...


(Source: Supermarket News, October 17, 2005)


Poughkeepsie, NY


1.) Wakefern (ShopRite) - 21.9% ShopRite logo used since 2000 ShopRite (or its full name ShopRite Supermarkets) is a retailers cooperative (co-op) chain of supermarkets in the Northeastern United States, in the states of New Jersey, New York, Connecticut, Delaware, and Pennsylvania. ...


2.) Stop & Shop - 20.0% The Stop & Shop Supermarket Company is a chain of supermarkets located mostly in New England. ...


3.) Hannaford - 13.7% Typical Hannaford store. ...


4.) Wal-Mart Supercenters - 8.4% Wal-Mart Stores, Inc. ...


5.) Price Chopper - 6.7%


(Source: Supermarket News, October 17, 2005)


Syracuse, NY


1.) Wegmans - 37% Wegmans Food Markets, Inc. ...


2.) Penn Traffic (P&C) - 20% The Penn Traffic Company operates 109 supermarkets in Pennsylvania, upstate New York, Vermont and New Hampshire. ...


3.) Price Chopper - 12%


(Source: MMR, June 13, 2005, "Top 100 Markets")


External links

  • Price Chopper Website
  • Hoovers Fact Sheet for Golub Corporation


 

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