Pay Less Food Markets
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Pay Less Food Markets is a chain of grocery stores located in the central Indiana towns of Anderson and Lafayette. In 1999, the chain was acquired by the Kroger corporation.
According to a Kroger press release [link] from the time of the acquisition: "Pay Less founder H.J. "Bud" Contos opened the first Pay Less Super Market in 1947 at the corner of 29th and Main streets in Anderson. Pay Less expanded to Lafayette in 1960. Following the death of Bud Contos in 1961, his son, Larry, succeeded him as president of Pay Less while still a student at Indiana University."
Pay Less locations built since the acquisition differ from Kroger stores in name only.
| The Kroger Company |
| Corporate Directors: David B. Dillon | Robert D. Beyer | John T. LaMacchia | Edward M. Liddy | Katherine D. Ortega | Bobby S. Shackouls | John L. Clendenin | David B. Lewis | Susan M. Phillips | Reuben V. Anderson | Don W. McGeorge | W. Rodney McMullen | Clyde R. Moore | Steven R. Rogel |
|
Chains owned by: Bakers | Cala Foods | Dillons | Food 4 Less & Foods Co. | Fred Meyer | Fred Meyer Jewelers | Fry's Food and Drug | Gerbes | Hilander | JayC | King Soopers & City Market | Kroger Food and Drug | Kroger Convenience Stores | Owens Market | Pay Less Food Markets | Quality Food Centers | Ralphs | Smith's Food and Drug | |
| Net revenue: .55 billion USD ( 7.3% FY 2006) | Employees: 290,000 | Stock Symbol: NYSE: [KR] | Website: [www.thekrogerco.com] |
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