Chatham (grocer)
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Chatham was a supermarket chain, now-defunct, headquartered in southeastern Michigan, United States. Founded by Royal Supermarkets in the mid-1950s,Script error: No such module "Unsubst".Script error: No such module "Unsubst". Chatham was often compared to Kroger in size and selection. Typical of many grocery stores of its time, Chatham was unable to keep up with big-box grocery competitors, including Michigan-based Meijer. Kroger subsequently purchased former Chatham locations after the chain went out of business.
Demise
In 1986, Chatham was then owned by Nu-Trax, Inc., headed by Wendell Smith.[1] In March 1986, the company was purchased by Alex Dandy, a businessman who owned Hamady Brothers food chain in Flint, Michigan.[2] Dandy illegally diverted assets of the company to his personal benefit, and Chatham was forced to file for bankruptcy in 1987.[1] Dandy was convicted in 1991, of tax offenses, mail fraud, bankruptcy fraud, and obstruction of justice.[1] He died in 2003.[3]
References
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- ↑ a b c Template:If all, [Script error: No such module "If empty". 998 Template:Delink 1344] (6th Cir. 15 September 1993).Script error: No such module "Check for unknown parameters".
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External links
Chatham memories - site for former Chatham employees. Includes history of company
- Pages with script errors
- Retail companies established in the 1950s
- Retail companies disestablished in 1987
- Defunct companies based in Michigan
- Defunct supermarkets of the United States
- Bankrupt companies of the United States
- Companies that have filed for Chapter 11 bankruptcy
- Companies that filed for Chapter 11 bankruptcy in 1987
- 1987 disestablishments in Michigan