Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
Why a Ukrainian mobile air defense unit isn’t ready to give up its nearly century-old machine gun

Why a Ukrainian mobile air defense unit isn’t ready to give up its nearly century-old machine gun

June 9, 2026
No set. No actors. No cameras.

No set. No actors. No cameras.

June 9, 2026
The heartbreaking loyalty of Scott Pelley

The heartbreaking loyalty of Scott Pelley

June 9, 2026
A federal judge blocked Trump’s 0,000 H-1B visa fee

A federal judge blocked Trump’s $100,000 H-1B visa fee

June 9, 2026
Photos of the first supermarkets show how grocery shopping has transformed over the last century

Photos of the first supermarkets show how grocery shopping has transformed over the last century

June 9, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
June 9, 2026 6:28 am EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles
Fin Street NewsFin Street News
Home » Photos of the first supermarkets show how grocery shopping has transformed over the last century
Photos of the first supermarkets show how grocery shopping has transformed over the last century
Markets

Photos of the first supermarkets show how grocery shopping has transformed over the last century

News RoomBy News RoomJune 9, 20263 ViewsNo Comments

In 1944, the Wall Street Journal reported that even industry experts couldn’t settle on a definition for supermarkets. Most agreed the stores had several departments — including produce, meat, and dairy — and the grocery areas were self-service. The Super Market Institute put the minimum sales volume at $200,000 a year (about $3.6 million today).

For some historians, all the pieces come together in Michael Cullen’s King Kullen. In 1929, he was managing a Kroger in Illinois when he wrote to the company’s president, William Albers, with an idea to create “monstrous” stores where goods would move quickly because they were priced with little markup. Thanks to the volume of items, they would still make a profit, he said. He predicted he’d sell $10,000 worth of groceries a week.

By saving the public $1 to $3 on their food bills, he wrote, “I would be the ‘miracle man’ of the grocery business.”

Albers never saw the letter, and Cullen instead opened his own store in Queens, New York, in 1930. He took out ads calling King Kullen the “world’s greatest price wrecker.” The warehouse’s 6,000 square feet held 1,000 items. Customers quickly started lining up.

In 1936, Cullen died after complications from an appendectomy. His wife took over the company, which had opened more than a dozen stores, which together made more than $6 million a year (more than $139 million today).

Three years after King Kullen announced itself as a price wrecker, Albers left Kroger to open his own eponymous stores, the first to use the term “super market” in its name.



Read the full article here

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

No set. No actors. No cameras.

No set. No actors. No cameras.

The heartbreaking loyalty of Scott Pelley

The heartbreaking loyalty of Scott Pelley

A federal judge blocked Trump’s 0,000 H-1B visa fee

A federal judge blocked Trump’s $100,000 H-1B visa fee

Sam Altman said automating everything will be ‘unfulfilling’ and ‘dangerous’

Sam Altman said automating everything will be ‘unfulfilling’ and ‘dangerous’

Sam Altman’s eye-scanning startup is laying off employees

Sam Altman’s eye-scanning startup is laying off employees

8 big takeaways from Apple’s WWDC 2026 event

8 big takeaways from Apple’s WWDC 2026 event

What smart people in tech are saying about Apple’s slew of AI announcements

What smart people in tech are saying about Apple’s slew of AI announcements

Starbucks’ latest drink launch is a bet on the future of fast food beverages

Starbucks’ latest drink launch is a bet on the future of fast food beverages

Good news, owners of old iPhones

Good news, owners of old iPhones

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

No set. No actors. No cameras.

No set. No actors. No cameras.

June 9, 2026
The heartbreaking loyalty of Scott Pelley

The heartbreaking loyalty of Scott Pelley

June 9, 2026
A federal judge blocked Trump’s 0,000 H-1B visa fee

A federal judge blocked Trump’s $100,000 H-1B visa fee

June 9, 2026
Photos of the first supermarkets show how grocery shopping has transformed over the last century

Photos of the first supermarkets show how grocery shopping has transformed over the last century

June 9, 2026
My husband and I spent years waiting for green cards. We left the US and built the life we wanted in India.

My husband and I spent years waiting for green cards. We left the US and built the life we wanted in India.

June 9, 2026

Latest News

Sam Altman said automating everything will be ‘unfulfilling’ and ‘dangerous’

Sam Altman said automating everything will be ‘unfulfilling’ and ‘dangerous’

June 9, 2026
Sam Altman’s eye-scanning startup is laying off employees

Sam Altman’s eye-scanning startup is laying off employees

June 8, 2026
8 big takeaways from Apple’s WWDC 2026 event

8 big takeaways from Apple’s WWDC 2026 event

June 8, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.