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Economy of the United States
The Skaggs Family, starting from a small frontier town in southern Idaho, came to have an important impact on merchandising across much of the United States. During most of the 20th century, the Skaggs name became prominent on hundreds of store fronts throughout the West. But as that name now fades from the commercial scene, it is important to show how a number of widely known commercial chains owe their origin to this one, entrepreneurial family.
If one examines the origins of a wide range of grocery and drug store enterprises across the West and Midwest, the Skaggs names is likely to arise. The father was a relatively poor Baptist minister, but he and six of his sons, with varying degrees of collaboration, introduced in the early decades of the 20th century, two very important changes in merchandising: the low-margin, cash-and-carry approach to business and the process of rapidly growing a multitude of common outlets, now called chain stores. Their entrepreneurial zeal became a major retailing force resulting in large, well-known retail chains that carried not only the Skaggs name itself, but names like Safeway, Osco, PayLess, Albertsons, Longs Drug Stores, Katz and others.
farming, forestry, and fishing: 0.7% manufacturing, extraction, transportation, and crafts: 20% managerial, professional, and technical]disambiguation needed[: 37% sales and office: 24% other services: 18% (2009)
Main data source: CIA World Fact Book
Albertsons LLC is an American grocery company founded and based in Boise, Idaho, with 1,119 supermarkets located in 29 U.S. states under 12 different banners. The company was sold to Cerberus Capital Management, CVS Pharmacy, and SuperValu Inc. in 2006. In January 2013, SuperValu sold its remaining Albertsons stores, as well its Acme Markets, Jewel-Osco, Shaw's and Star Market brands, to Cerberus in exchange for $100 million in cash and $3.2 Billion in SuperValu debt. The sale was completed by March 2013. Albertsons LLC acquired United Supermarkets in September 2013.
The United States of America (USA), commonly referred to as the United States (US), America, or simply the States, is a federal republic consisting of 50 states, 16 territories, and a federal district. The 48 contiguous states and the federal district of Washington, D.C., are in central North America between Canada and Mexico. The state of Alaska is the northwestern part of North America and the state of Hawaii is an archipelago in the mid-Pacific. The country also has five populated and nine unpopulated territories in the Pacific and the Caribbean. The largest of these territories are Puerto Rico and the American Virgin Islands which are an official part of the United States. At 3.79 million square miles (9.83 million km2) in total and with around 316 million people, the United States is the fourth-largest country by total area and third largest by population. It is one of the world's most ethnically diverse and multicultural nations, the product of large-scale immigration from many countries. The geography and climate of the United States is also extremely diverse, and it is home to a wide variety of wildlife.
Paleo-indians migrated from Asia to what is now the U.S. mainland around 15,000 years ago, with European colonization beginning in the 16th century. The United States emerged from 13 British colonies located along the Atlantic seaboard. Disputes between Great Britain and these colonies led to the American Revolution. On July 4, 1776, delegates from the 13 colonies unanimously issued the Declaration of Independence. The ensuing war ended in 1783 with the recognition of independence of the United States from the Kingdom of Great Britain, and was the first successful war of independence against a European colonial empire. The current Constitution was adopted on September 17, 1787. The first 10 amendments, collectively named the Bill of Rights, were ratified in 1791 and guarantee many fundamental civil rights and freedoms.
The Internet is a global system of interconnected computer networks that use the standard Internet protocol suite (TCP/IP) to serve several billion users worldwide. It is a network of networks that consists of millions of private, public, academic, business, and government networks, of local to global scope, that are linked by a broad array of electronic, wireless and optical networking technologies. The Internet carries an extensive range of information resources and services, such as the inter-linked hypertext documents of the World Wide Web (WWW), the infrastructure to support email, and peer-to-peer networks.
Most traditional communications media including telephone, music, film, and television are being reshaped or redefined by the Internet, giving birth to new services such as voice over Internet Protocol (VoIP) and Internet Protocol television (IPTV). Newspaper, book and other print publishing are adapting to website technology, or are reshaped into blogging and web feeds. The Internet has enabled and accelerated new forms of human interactions through instant messaging, Internet forums, and social networking. Online shopping has boomed both for major retail outlets and small artisans and traders. Business-to-business and financial services on the Internet affect supply chains across entire industries.