- Purity Supreme
Purity Supreme, Inc. was a corporation involved in the operation of
supermarket s and other stores. From 1984 it was a division of Supermarkets General Holdings Corporation. [cite news |title=Purity Supreme |url=http://query.nytimes.com/gst/fullpage.html?res=9C01E4D61239F934A35754C0A962948260 |publisher=Reuters |work=The New York Times |date=July 7 1984 |accessdate=2008-02-04] It operated from a headquarters located inNorth Billerica, Massachusetts . At its height, the company operated 64supermarkets inMassachusetts ,New Hampshire ,Maine , andConnecticut . They also operated 63 owned and franchised Li'l Peachconvenience stores and 23drugstores in Massachusetts. They also ran the successful Heartland Foods warehouse style supermarket chain. In 1984 at the time of the buyout by Supermarkets General, Purity, had an annual sales of $800 million with 28 supermarkets, 13 warehouse stores and 23 drugstores. Purity Supreme and Li'l Peach had combined sales of about US$1.3 billion in 1990 before the company was bought out again byFreeman Spogli & Co. , an investment firm for about US$300 million, including the acquisition of debt. [cite news |title= COMPANY NEWS; Freeman to Buy Purity Supreme |url=http://query.nytimes.com/gst/fullpage.html?res=9D0CE4DF1738F932A05754C0A967958260 |work=The New York Times |date=July 31 1991 |accessdate=2008-02-04]In 1995, Purity Supreme was acquired by competitor
Stop & Shop , agreeing with regulators to sell 15 stores to addressantitrust concerns. Stop & Shop continued to operate 56 stores under the Purity Supreme name until 1997 when it renovated and converted all but three of them into Stop & Shop stores. The three remaining Purity Supreme stores were closed. [cite web |url=http://www.ftc.gov/os/1997/06/stopsmod.pdf |title=ORDER REOPENING AND MODIFYING ORDER |publisher=Federal Trade Commission |date=January 6 1997 |format=PDF |accessdate=2008-02-04] [cite news |author=Chris Reidy |title=Purity Supreme Name About to Disappear From The Scene |work=The Boston Globe |date=July 19 1997 |pages=]Purity Supreme was led for most of its existence by Leo Kahn who started Purity Sav-Mor Markets with some of its first stores in Billerica, Chelmsford and Bedford. In 1969, Kahn bought out the Supreme Market chain of Boston and thus Purity Supreme was born. Some well known people worked for Purity Supreme over the years including early store managers Jack Murphy and Bruce "Barney" Bernard.
References
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