Another opened in the early 1980s in Latham, New York, and then an even-larger unit was constructed in Queensbury, New York in 1986. The first Price Chopper opened in the late 1970s in Oneonta, New York. Price Chopper was an early innovator in the conversion of conventional stores to superstores and combination (food and drug) units, as well as operating stores that are open 24 hours a day. The chain dropped Green Stamps, slashed prices and, to reflect this new strategy, it re-branded to the name "Price Chopper." (The name "Central Market" is now used as an upscale house brand, as well as for the floral department.) Price Chopper experienced continuing growth throughout the 1970s, opening new stores and upgrading old ones.ġ980s–1990s: Store modernization and expansion In the fall of 1973, Central Market changed its operating strategy. In 1951, it was one of the first grocery chains in the country to issue the well-known S&H Green Trading Stamps. In 1943, the Golub brothers bought out Joseph Grosberg's share of the company and formed the present parent company, the Golub Corporation. The concept was a success and they continued to open many more stores in the region. They gave all four stores the name Central Market. Grosberg, together with Russian Jewish immigrants Bernard and William Golub, partners in the Grosberg-Golub Corporation, opened the partnership's first supermarket (initially called Public Service Market) in Green Island, New York, followed by stores in Cohoes, Watervliet and Schenectady. In 1927, William Golub and his brother, Bernard, took over the wholesale grocery that their father, Lewis Golub, had opened in 1908 after emigrating from Russia. It operates 131 stores in six states: Upstate New York, Vermont, Connecticut, Massachusetts, New Hampshire, and Pennsylvania. On June 2, 2010, Price Chopper dedicated its new headquarters, on Nott Street, in Downtown Schenectady. In the 2010's, the Golub Corporation announced that they would be converting all 131 Price Chopper locations into Market 32 locations. The company opened its first supermarkets in New York's Capital District in 1932, and changed its name from Central Market to Price Chopper in 1973. Headquartered in Schenectady, New York, it owns the chains Market 32 and Price Chopper Supermarkets. Golub Corporation is an American supermarket operator.
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