K-VA-T Food City

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Food City
Type Grocery Store
Industry Retail
Founded 1955
Headquarters Abingdon, Virginia
Number of locations 105
Products Dairy, deli, frozen foods, grocery, meat, produce, snacks, floral, fuel, video, pharmacy
Website foodcity.com

Food City is a U.S. supermarket chain with stores located in Kentucky, Virginia, and Tennessee. It offers the house labels "Food Club," "Top Crest", "ValuTime", "Food City Fresh!", "Food City Premium", "Full Circle", "Domestix", "Electrix", "Academix", "Pet Club", and "World Classics" many of which are part of the Topco corporate brand program.[1] Food City is also the exclusive distributor of regional favorites such as "Kay's Ice Cream", "Terry's Snacks", "Kerns Bread", "Lay's Meats",[2] along with "Chuck Wagon Dog Food".[3]

It is owned by K-VA-T Food Stores, a privately held family and employee-owned corporation (only 15% via ESOP) headquartered in Abingdon, Virginia.[4] K-VA-T Food Stores owns the Food City Distribution Center (formerly Mid-Mountain Foods), a distribution center K-VA-T helped form in 1974 and acquired full control of in 1998, Misty Mountain Spring Water, LLC, a producer of bottled water, as well as limited-assortment grocery stores named Super Dollar Discount Foods, and convenience stores named Food City Express. Many stores have their own gasoline stations, with the Gas'N Go branding.

History[edit]

K-VA-T Food Stores traces its history to 1955, when company founder Jack Smith opened his first 8,800-square-foot (820 m2) Piggly Wiggly store in Grundy, Virginia with the help of three special stockholders: his father, Curtis Smith, uncle, Earl Smith and cousin, Ernest Smith. In 1963, Smith added a second store in South Williamson, Kentucky, followed by a newly constructed third location in Pikeville, Kentucky in 1965, and a store in Prestonsburg, Kentucky in 1967.

The company continued to grow steadily until 1984 when they acquired Quality Foods, a 19-store chain (founded in 1918), that operated under the Food City name. The Smiths adopted Food City as the new nameplate, along with its heritage, for all of their stores going forward. In 1989, Food City purchased the 43-store White Stores chain based out of Knoxville, TN, more than doubling the size of the company.

In 1998, Food City acquired the 11-store Kennedy Piggly Wiggly chain as well as full control of Mid-Mountain Foods, the current K-VA-T distribution center. The following year, Winn-Dixie pulled out of the Knoxville market and sold their seven stores to Food City. In February 2006, Food City announced the purchase of eight Bi-Lo locations in Knoxville, Maryville, and Oak Ridge, Tennessee.[5]

K-VA-T celebrated its 50th anniversary November 17, 2005 by opening a 46,500 square feet (4,320 m2) store in Vansant, Virginia, just outside of Grundy. Three years later, in October 2008, K-VA-T opened its 100th store in Rogersville, Tennessee. The company celebrated this event by sending a special commemorative I-beam to every store in the company where employees signed it as a goodwill gesture for the new store.[6] The beam sits above the entrance way in the 100th store.

In December 2010, K-VA-T purchased Old Town Market in Tazewell, TN as a replacement store for their New Tazewell, TN location.[7]

The largest Food City ever opened in February 2012 in Bristol, Virginia. The store is 58,000 square feet (5,400 m2) and 8,000 square feet (740 m2) on the second floor.[citation needed]

In April 2012, K-VA-T opened its first Food City Express food and fuel station in Coeburn, Virginia, offering items typically stocked in a convenience store.[8] Later in August 2012, K-VA-T opened its first Food City Wine and Spirits liquor store, in Pikeville, Kentucky.[9]

Headquarters[edit]

K-VA-T's corporate operations were based in Grundy, Virginia from its inception in 1955 until it moved to Abingdon, Virginia in the 1970s. Over the course of the years, the company's operations were spread out over five different buildings throughout Abingdon and Washington County.[10]

In June 2011, K-VA-T announced that a new corporate headquarters would be built in Abingdon, Virginia on the former site of the Johnston Memorial Hospital. [11] The building was anticipated to be a $20 million investment that would create 25 new jobs and open in 2013. Financial incentives totaling $6 million were allocated for the project from multiple sources including the Virginia Tobacco Commission, Washington County, and the town of Abingdon. [12] The conditions for the incentives were that "K-VA-T’s investment in the building must top $20 million, and the company must continue to employ at least 375 people, with a quarterly payroll of more than $4 million." [12]

In October 2013, K-VA-T officially consolidated its corporate operations into the new headquarters building in downtown Abingdon, Virginia at 1 Food City Circle. The four-story, 140,000 square feet (13,000 m2), facility sits on 17 acres and used parts of the old building in the construction of the new one, with the parking garage receiving renovations to continue its use.[10]

Super Dollar Discount Foods[edit]

In 2008, K-VA-T opened its first limited-assortment grocery store named Super Dollar Discount Foods in Wytheville, Virginia. Over the course of the years, the new format has grown by opening up new locations and converting some older, smaller, Food City locations in Pikeville, Kentucky, Prestonsburg, Kentucky, Rogersville, Tennessee, and Grundy, Virginia. As of November 2013, there are 10 Super Dollar Discount Foods locations, with 4 locations with Gas'N Go fuel stations.[13][14]

Community involvement[edit]

Due to their charitable activities and strong ties to their local economies, Food City received Supermarket News's Community Service Award for 2008.[15]

Steven C. Smith, president and chief executive officer for K-VA-T was named 2009 Grocer of the Year by Tennessee Grocers & Convenience Store Association during their annual convention. TGCSA selects one outstanding Tennessee retailer who exemplifies the high standards of integrity and efficiency upon which the organization was founded to be named Grocer of the Year.[16]

In February 2013, Food City received the Dale Carnegie Leadership Award which recognizes a commitment to excellent service and quality products; dedication to employee growth; recognition of employee value; and a sense of obligation which brings a high level of community involvement. [17]

Appalachia Santa Train[edit]

In 1992, Food City began working with the Kingsport Area Chamber of Commerce and CSX Transportation to solicit donations of toys, candy, clothes and money for the Appalachia Santa Train, a 110-mile (180 km) trip through the Appalachian Mountains via train that distributes over 15 tons of gifts to children. Food City’s involvement has grown to the point where around 200 volunteers work on the project each year.[18]

Locally grown produce and eggs[edit]

Food City purchases a great deal of their produce within their trade area, providing additional support to the regions in which they operate. In 2006, Food City purchased in excess of $5,000,000 in locally grown produce from a number of local farms, including those in Grainger, Blount, Hawkins, Unicoi, Jefferson and Sullivan counties in Tennessee; Scott and Carroll counties and through Appalachian Harvest co-op for locally grown organics from the growers in Scott County, Virginia.[19] In July 2011 Food City announced that 95 percent of its eggs will come from Dutt & Wagner of Virginia, Inc., a family-operated egg business that produces and distributes its eggs from Abingdon, Virginia. The remaining 5 percent of eggs are considered specialty products such as Egg Beaters. [20]

School Bucks[edit]

In 1990, Food City began their Apples for the Students program. From its inception until 2007, the program allowed students to collect specially marked Food City register receipts in exchange for computers, software, sporting goods, calculators, teaching tools, audio/visual and other educational materials for their schools. In 2007, the program went completely electronic, allowing customers to link their Food City loyalty cards to the particular school they wish to donate to. This advancement also allowed schools to check totals online. In 2009, Food City rebranded its Apples for the Students program as Food City School Bucks.[citation needed]

Since the program's inception, Food City has awarded in excess of 14 million dollars in educational equipment and tools to over 800 participating area schools.[21]

Sports[edit]

Since 1987, Food City has been the official sponsor of the Tim Irwin/Food City Bass Tournament held in Lenoir City, Tennessee. Proceeds from the tournament benefit the Boys & Girls Clubs of the Tennessee Valley and has raised over $530,000 since 1990.[22]

Food City sponsors two NASCAR events at Bristol Motor Speedway, the Spring Sprint Cup race, the Food City 500 and the Summer Nationwide Series race, the Food City 250. The Food City deal, which is now in its 22nd year in 2013, is currently the longest race entitlement sponsor deal in the Sprint Cup Series. As part of the renewal and the 20th anniversary announcement in 2011, following the death in 2010 of track President and General Manager Jeff Byrd, the 20th anniversary race was renamed the Jeff Byrd 500 presented by Food City.[23] Along with these races, Food City holds the Food City Family Race Nights in Knoxville and Bristol, Tennessee the week preceding the NASCAR events.

From 2005-2007, Food City also sponsored the former Hooters Pro Cup event at Bristol Motor Speedway, the Food City 150.[24][25]

Prior to 2010, Food City was a primary sponsor of the Web.com Tour Knoxville Open golf tournament in Knoxville, Tennessee, which benefits several charities.[26]

Locations[edit]

As of November 2013, K-VA-T operates 105 retail food outlets (95 Food City stores and 10 Super Dollar Discount Foods stores), 1 convenience store (Food City Express), and 1 liquor store (Food City Wine & Spirits) in Kentucky, Virginia, and Tennessee.[27][28][29][30][31] The chain includes 76 in-store pharmacies and 75 fuel stations.[32]

Food City Arizona[edit]

Food City in Arizona is not owned by K-VA-T Food Stores; it is owned by Bashas'.

References[edit]

  1. ^ Topco Corporate Brands, Topco.com accessed on February 12, 2009
  2. ^ Food City adds another iconic brand, Knoxnews.com accessed on June 5, 2008
  3. ^ Nickles Banana Flip is back, Tricities.com accessed on April 12, 2012
  4. ^ Steve Smith says Food City committed to improved health, wellness throughout region, Tricities.com accessed on April 15, 2011
  5. ^ Food City Announces Plans to Acquire Knoxville Area BI-LO Supermarkets, press release dated February 17, 2006
  6. ^ Lowe, Brandon (2008-10-01). "Food City banking on Union County growth with new store". Knoxville News Sentinel. Retrieved 2008-10-15. 
  7. ^ Food City buys out Old Town Market, will remodel building, claiborneprogress.net dated December 2010
  8. ^ Food City Express to open in Coeburn, Va, tricities.com dated April 2012
  9. ^ Food City unveils big changes, news-expressky.com dated August 31, 2012
  10. ^ a b Food City hosts tour, open house at new headquarters, tricities.com dated November 21, 2013
  11. ^ Former Johnston Memorial to become Food City HQ, tricities.com dated June 3, 2011
  12. ^ a b K-VA-T to receive $6 million incentive, tricities.com dated December 26, 2011
  13. ^ Super Dollar: Gas'N Go, superdollarstores.com accessed November 22, 2013
  14. ^ Super Dollar: About Us, superdollarstores.com accessed November 22, 2013
  15. ^ Role Model, Supermarket News accessed on March 8, 2008
  16. ^ Food City President and CEO Named Tennessee Grocer of the Year, press release dated April 20, 2009
  17. ^ Food City employees, customers share in Dale Carnegie Leadership Award, dalecarnegietn.com dated February 18, 2013
  18. ^ http://www.kentucky.com/2010/11/19/1532567/santa-train-starts-its-68th-run.html, Lexington Herald-Leader dated November 19, 2010
  19. ^ Food City Features Locally Grown Produce, press release dated June 25, 2007
  20. ^ Food City introduces locally produced eggs in their stores, tricities.com dated July 28, 2011
  21. ^ Food City Kicks Off School Bucks Program, press release dated August 22, 2012
  22. ^ Alumni Hall of Fame Honors Judge Tim Irwin, press release dated May 2, 2009
  23. ^ Bristol Sprint Cup race renamed to honor Jeff Byrd
  24. ^ 2004 Food City 150
  25. ^ 2007 Food City 150
  26. ^ Knoxville Open's future in doubt; Food City drops sponsorship, WBIR-TV website, February 8, 2010.
  27. ^ "New Bristol Food City Set to Open". foodcity.com. Retrieved 2013-04-07. 
  28. ^ "A Food City Near You". foodcity.com. Retrieved 2013-04-07. 
  29. ^ "Find Your Local Super Dollar". superdollarstores.com. Retrieved 2013-02-23. 
  30. ^ "Food City Express to open in Coeburn, Va.". tricities.com. 2012-04-17. Retrieved 2013-02-23. 
  31. ^ "Food City unveils big changes". news-expressky.com. 2012-08-31. Retrieved 2013-02-23. 
  32. ^ "Clintwood Food City Gas 'n Go Now Open". foodcity.com. 2012-08-31. Retrieved 2013-02-23. 

External links[edit]