handy pantry speedy mart founded 1960 2 founder john piacentini 2 headquarters beaverton oregon usa area served portland metropolitan area salem oregon seattle metropolitan area key people william c. chris girard jr. ceo mark conan cfo 1 3 revenue 192 million as of 2010 4 owner plaid pantry management . website http www.plaidpantry.com plaid pantry is a chain of privately owned convenience stores based in beaverton oregon united states . of 107 locations three are in the seattle washington area eight are near salem and the balance are in the portland metropolitan area . 5 contents 1 ownership 1.1 founder s sale and death 1.2 since 1991 2 founder s role in the oregon bottle bill 3 alcohol sales 4 references 5 external links ownership edit plaid pantries inc. traces its founding to 1960 by john piacentini . the name refers to the plaid decoration originally on both the store buildings and the roadside pole signs . 2 plaid pantry can date its origins to the late 1950s when a california investor built multiple stores in the portland area with the financial backing of alpenrose dairy . citation needed stores built from scratch by handy pantry alpenrose were under the handy pantry name ; stores made by converting an existing structure were referred to as speedy mart . citation needed in 1963 the handy pantry speedy mart chain went into bankruptcy . citation needed alpenrose dairy as the major creditor gained control of all the stores . in 1960 john piacentini decided to go into business for himself and opened his first store in east portland under the name john s one stop . he opened a few more stores and eventually was offered the opportunity to purchase the handy pantry speedy mart chain with financial backing by alpenrose dairy . citation needed piacentini changed the name of all the stores to plaid pantry and continue to stock alpenrose dairy products . founder s sale and death edit nearly 20 years later when piacentini tentatively sold the company to convenient food mart cfm in march 1987 he had built it into a chain of 161 stores in the portland and seattle areas . 6 that sale fell through about two months later after cfm conducted its due diligence audit . 7 a subsequent leveraged buyout a year later led to chapter 11 bankruptcy on march 13 1989 and a subsequent reorganization . 8 9 piacentini died later in 1988 and several lawsuits followed . 8 since 1991 edit a location in hillsboro oregon a series of transactions made public in 1998 put half of the chain under the ownership of a holding company majority owned by houlihan lokey howard & zukin hlhz with minority ownership stakes held by senior plaid pantry management including ceo chris girard . 8 the details of the 1998 deal and several subsequent transactions became the subject of a lawsuit in 2007 before the united states district court for the district of oregon between hlhz 10 and girard . 10 the lawsuit was settled in 2008 and included a complete redemption of hlhz . founder s role in the oregon bottle bill edit in 1969 as the oregon bottle bill was contemplated as a way to reduce litter large retailers opposed the idea and said that no one would return bottles and cans for a two cent deposit . furthermore opponents of the bill claimed that small grocery stores would face an extraordinary financial burden from receiving and processing thousands of bottles and cans potentially bankrupting several stores . john piacentini disagreed . he offered a half cent for each soda or beer bottle returned to plaid pantry stores . piacentini even stated that he hoped oregonians bury me in litter . 11 in two weeks piacentini collected 150 000 cans at 60 stores . alcohol sales edit plaid pantry reportedly under pressure from the oregon liquor control commission olcc has a policy against selling alcohol to homeless street drinkers 12 according to plaid pantry s president chris girard the policy has been in place since 1997 . in the late 1990s plaid pantry failed 30 40 % of spot checks conducted by the olcc to determine if the company was selling alcohol or tobacco to minors ; by march 2000 they became the first retailer recognized by the olcc as a responsible vendor a milestone reached due to changes to the company s training and its credit card validation system which were updated to simplify a clerk s ability to ascertain whether a customer was of legal age . 13 references edit a b profile of plaid pantries inc. from hoovers a b c what s in a name . plaid pantry . september 24 2007 . retrieved 2008 12 01 . plaid pantry completes refinancing from convenience store news via allbusiness.com goldfield robert july 29 2011 . oregon private companies take wild ride . portland business journal . retrieved 2014 06 13 . plaid pantry locations . plaid pantry . retrieved 2008 12 01 . convenient acquires plaid pantries from a march 1987 chicago sun times article via highbeam.com plaid pantry proposed sale is called off after audit of firm a may 23 1987 article from the seattle post intelligencer a b c revived plaid pantry refills cupboards an august 1998 article from the portland business journal hamburg ken march 14 1989 . plaid pantry chain seeks protection . p. c9 . a b hlhz investments llc v. plaid pantries inc. et al. walth brent 1994 . fire at eden s gate tom mccall and the oregon story . oregon historical society press . p. 319 . rogue of the week plaid pantry a march 2007 willamette week editorial plaid pantry s reforming ways encouraging to olcc a march 2000 article from the portland business journal external links edit wikimedia commons has media related to plaid pantry . plaid pantry succeeds by shrinking portland business journal v t e convenience stores v t e major convenience stores in africa kenya national oil morocco mini brahim south africa sasol spar zimbabwe spar express v t e major convenience stores in asia east 759 store 7 eleven circle k circle k sunkus cu daily yamazaki familymart gs25 hi life lawson ministop ok mart parknshop express poplar spar storyway vango with me southeast 108 shop 7 eleven all day alfamart b s mart choices co.op food cheers circle k fairprice xpress fresh mart jiffy lawson lawson 108 familymart indomaret mini big c ministop mesra shop & go star mart tesco lotus express tops daily vango south spar west circle k spar former ampm buy the way bp connect daily stop on the run v t e major convenience stores in europe northern 7 eleven bargain booze best one bp connect budgens centra the co operative food costcutter david sands deli de luca happy shopper jones convenience stores kwik save little waitrose londis ireland londis united kingdom mace narvesen nisa on the run one stop pressbyr n r kioski mccoll s sainsbury s local scotmid spar tesco express southern couche tard mac s on the run opencor provi soir spar eastern billa cba groszek ma pka express spar abka western albert heijn carrefour city delhaize franprix march plus monoprix on the run petit casino spar former jacksons stores local 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ranger roady s truck stops royal farms rutter s sheetz speedway stewart s shops stripes convenience stores stuckey s superamerica tedeschi food shops thorntons inc. tom s convenience store town pump travelcenters of america united dairy farmers wawa food markets weigel s former becker s bp connect town & country food stores uni mart utotem white hen pantry wilco v t e major convenience stores in oceania australia 7 eleven bp connect newslink nightowl convenience stores spar express new zealand bp connect night n day woolworths gull list of convenience stores v t e oregon based companies nyse listed greenbrier companies lithia motors nike nw natural portland general electric nasdaq listed columbia sportswear electro scientific industries erickson inc. fei flir lattice mentor graphics radisys rentrak schnitzer steel umpqua holdings private companies a dec banfield consumer cellular esco franz bakery hoffman construction infocus kindercare education laika leupold & stevens les schwab the old spaghetti factory parr lumber plaid pantry reser s fine foods roseburg forest products shari s vigor industrial other bi mart tillamook creamery western family foods list of companies based in oregon retrieved from https en.wikipedia.org w index.php title plaid pantry & oldid 733945852 categories companies based in beaverton oregonprivately held companies based in oregoneconomy of the northwestern united statesconvenience stores of the united statescompanies established in 19601960 establishments in oregonhidden categories all articles with unsourced statementsarticles with unsourced statements from january 2008commons category with local link same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent 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