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From the start, the new owners of Stater Bros. talked about eventually taking the chain public. In 1985, the company took steps to prepare for an initial offering of stock, forming a holding company to make the offering and house the subsidiaries.
Stater Bros. Markets is a privately held supermarket chain, based in San Bernardino, California, consisting of 171 stores located throughout Southern California. 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 $600 down ...
In the midst of the Great Depression, Stater Bros. officially opened for business on August 17, 1936. Headquartered in San Bernardino, CA, Stater Bros. Markets is proudly celebrating 87 years of serving Southern California families.
Jul 25, 2011 · The original Stater brothers, founders Cleo and Leo Stater, grew the chain to about 35 stores before selling it to a California energy company. The chain expanded more rapidly after that, and...
- Elliot Zwiebach
Aug 16, 2016 · Feb. 19, 1968: Stater Bros. and Petrolane Gas Service announce approval of a merger. The chain has 32 stores with 900 employees. April, 1981: Board elects Jack H. Brown president.
Industry: Food and Drug Stores. CEO: Jack H. Brown. Website: https://www.staterbros.com. Ticker: Company type: Revenues ($M): $3,860. Profits ($M): $30. Market value ($M): Number of...
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Dec 8, 2023 · The Founding Vision. The story begins in 1936 when Cleo and Leo Stater opened their first small grocery store in Yucaipa, California. Fueled by a passion for providing quality products and ...
