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In 1958, Stater Bros. incorporated, and all but five of the partnerships were dissolved, and the store managers were bought out with either cash or stock. It was not until 1964 that all of the stores were brought into the fold.
It was founded in Yucaipa, California, on August 17, 1936, by twin brothers Cleo and Leo Stater when they purchased the market owned by Cleo's boss, W. A. Davis, with a $600 down payment ($13,174 in 2023 dollars [3]). [4]
Jul 25, 2011 · Petrolane sold the Stater chain in 1983 to Hampshire Industries, which took a 51% stake, and La Cadena Investments — a company headed by Brown — which took a 49% stake. The chain went public ...
- Elliot Zwiebach
Jul 21, 2023 · A complete timeline of Stater Bros.'s History from founding to present including key milestones and major events.
In the midst of the Great Depression, Stater Bros. officially opened for business on August 17, 1936. Headquartered in San Bernardino, CA, Stater Bros. Markets is proudly celebrating 87 years of serving Southern California families.
Industry: Food and Drug Stores. CEO: Jack H. Brown. Website: https://www.staterbros.com. Ticker: Company type: Revenues ($M): $3,860. Profits ($M): $30. Market value ($M): Number of...
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Company profile page for Stater Bros Holdings Inc including stock price, company news, executives, board members, and contact information.
