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Pay Less Super Markets

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Pay Less Super Markets, Inc.
Company typeSubsidiary
IndustryRetail
Founded1947 (77 years ago) (1947) in Anderson, Indiana
FounderH. J. ‘‘Bud’’ Contos
Number of locations
8 (2018)
Area served
Central Indiana
ProductsBakery, dairy, deli, floral, frozen food, general grocery, hot food, housewares, liquor, meat, pet supplies, pharmacy, produce, seafood, snacks, stationery
ParentThe Kroger Company
Websitewww.pay-less.com

Pay Less Super Markets are a chain of seven supermarkets located in the central Indiana towns of Anderson, Lafayette, Muncie and West Lafayette.

History

Location in West Lafayette, Indiana

The company was founded by H. J. Contos in 1947 in Anderson, Indiana.[1] In 1960, a second store was opened in Lafayette, Indiana.[1] Contos died in 1961, and the company was taken over by his son, Larry D. Contos.[1] The company was acquired by The Kroger Company in 1999.[1] Kroger today continues to operate the Pay Less banner under its central division, which includes Owen's Market.

In July 2017, Kroger announced plans to convert two former Marsh Supermarkets in Muncie that it had just purchased from the bankrupt company to the Pay Less brand.[2]

References

  1. ^ a b c d "Kroger to merge with Pay Less Super Markets Inc. in Indiana" (Press release). Kroger. December 1, 1999.
  2. ^ Cox, Katie (July 20, 2017). "Kroger to renovate and reopen 7 former Marsh stores, hire hundreds of former Marsh employees". WRTV.