Carter's Foods

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Carter's Foods

Industry Retail
Fate Bankrupt
Founded 1952
Defunct 2006
Headquarter Charlotte, Michigan, USA
s
Key people Theodore Carter (founder)
Products bakery, beer, dairy, deli,
frozen foods, general
merchandise, liquor, meat,
produce, seafood, wine
Carter's Foods, more commonly known as Carter's, was an employee-
owned supermarket chain based in Charlotte, Michigan, United States.
Founded in 1952, Carter's grew to over 30 stores throughout Michigan's
Lower Peninsula, including two in Charlotte. In 2006, the chain declared
bankruptcy, with its remaining stores being closed or sold. Until the
chain's demise, Carter's Foods was the only grocery chain in Michigan
to be entirely owned by its employees.
History[edit]
Carter's Foods was founded in 1952 by Theodore Carter.[1] A native of
Charlotte, Michigan, Theodore had been an employee of the Kroger
store in his hometown.[2] Carter's expanded over several decades,
mainly by acquiring IGA store. IGA also was the primary supplier for
Carter's.[2]
In 1999, Sperry and Hutchinson, a company known for its S&H Green
Stamps, introduced an updated rewards program, S&H Greenpoints;
Carter's was the first chain in Michigan to utilize Greenpoints.[3] In 2000,
Carter's Foods became 100 percent employee-owned, becoming the
only supermarket chain in Michigan to be employee-owned.[1]
Citing competition from Walmart and regional supercenter chain Meijer,
Carter's filed for Chapter 7 bankruptcy in 2006, after it was unable to pay
several million dollars in debts to its suppliers.[4] The last Carter's stores
closed in mid-2006. Several were reverted to IGA or sold to Spartan
Stores,[5] while the remainder were shuttered.

Former Carter's Foods in Oscoda, Michigan, originally A&P. This store is now
Roger's Foods and Ace Hardware.
References[edit]
1 ^ Jump up to:
a b WZZM 13 - Grocer Carter's closes all 14 stores - Charlotte-based

company files for bankruptcy

2 ^ Jump up to:
a b Carter's Foods history (Internet Wayback Machine archive)

3 ^ Carter's brings S&H back home to Michigan

4 ^ Traverse City Record-Eagle: Carter's files for Chapter 7
bankruptcy[permanent dead link]
5 ^ Oscoda Press: "Court OKs sale of Carter’s stores"
show
• vte
Supermarket chains in the United States
<img src="//en.wikipedia.org/wiki/Special:CentralAutoLogin/start?type=1x1"
alt="" title="" width="1" height="1" style="border: none; position: absolute;" />
Categories: Retail companies established in 1952Retail companies
disestablished in 2006Defunct supermarkets of the United
StatesDefunct companies based in MichiganEaton County,
MichiganCompanies that have filed for Chapter 7
bankruptcyEmployee-owned companies of the United States1952
establishments in Michigan2006 disestablishments in Michigan

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This page was last edited on 22 February 2018, at 18:52 (UTC).
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