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Home > Company Index > Retail > Grocery Retailing > K-VA-T Food Stores, Inc.

K-VA-T Food Stores, Inc.
 PROFILE
What do you call a chain of supermarkets in Kentucky, Virginia, and Tennessee? How about K-VA-T Food Stores? K-VA-T is one of the largest grocery chains in the region, with about 85 supermarkets primarily under the Food City banner (and a handful of Super Dollar Supermarkets). Originally a Piggly Wiggly franchise with three stores, K-VA-T was founded in 1955. It has expanded by acquiring stores from other regional food retailers, opening new stores, and adding services such as more than 30 pharmacies, about 20 Gas'N Go gasoline outlets, and banking. Its Mid-Mountain Foods provides warehousing and distribution services. The founding Smith family owns a majority of K-VA-T; employees own the rest of the company.

 COMPETITION
Delhaize America, Inc. (dossier)
The Kroger Co. (KR)
Wal-Mart Stores, Inc. (WMT)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 950.00
1-Yr. Sales Growth: 8.0%
Employees: 7,100
Revenue per employee: $133,802.82

 KEY PEOPLE
• Jack C. Smith
    CEO
• Robert L. Neeley
    CFO

 CONTACT INFO
201 Trigg St.
Abingdon, VA 24210
US
Phone: 540-628-5503
Fax: 540-628-1592
Online: Web Site

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