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From the start of its history, Stater Bros. has been built on the principle of low shelf prices combined with outstanding customer service. In 2003, Consumer Reports ranked Stater Bros. Markets as the best place to buy groceries in southern California; nationally, the chain ranked ninth.
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]
Company profile page for Stater Bros Holdings Inc including stock price, company news, executives, board members, and contact information.
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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 $600 down payment. In the midst of the Great Depression, Stater Bros. officially opened for business on August 17, 1936.
Industry: Food and Drug Stores. CEO: Jack H. Brown. Website: https://www.staterbros.com. Ticker: Company type: Revenues ($M): $3,860. Profits ($M): $30. Market value ($M): Number of...
Twin brothers Cleo and Leo Stater started the original Stater Bros Market with a $600 down payment and opened for business in August 1936.
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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...