Finast
 | |
| Subsidiary | |
| Industry | Retail |
| Fate |
Acquired by Pick-N-Pay Supermarkets and later Ahold Converted stores to Pick-N-Pay, Edwards and Tops Friendly Markets Finast store brand phased out later on |
| Founded | 1853 |
| Defunct |
1999 (as stores) 2003 (as a store brand) |
| Headquarters |
Somerville, Massachusetts (original) Maple Heights, Ohio (later) |
| Products | Grocery |
| Parent | Ahold |
Finast was a retail supermarket brand that existed in the northeastern United States until consolidating all its Northeast stores under the Edwards Super Food Store brand by its Dutch parent Royal Ahold in the mid-1990s. Finast was an acronym for First National Stores. Commonly referred to as "The First National," the chain operated under that name for decades, and ultimately created the Finast acronym for its store-brand products. Several years later, most of its stores were renamed Finast during a modernization effort.
Finast was based in Somerville, Massachusetts. When the chain was purchased by Pick-N-Pay Supermarkets of Ohio in 1978, headquarters for the New England region were moved to the Windsor Locks, Connecticut distribution center while corporate headquarters were moved to Maple Heights, Ohio. Ahold purchased Finast in 1988, marking Ahold's entry in the U.S. Ahold completed converting the last Pick-N-Pay stores from Finast in 1994.[1]
The stores not absorbed into Edwards, mostly in the Cleveland, Ohio area, retained the Finast name through the 1990s. After purchasing Stop & Shop in the 1990s, Ahold was forced to sell many of the Edwards stores, which initiated a restructuring of its chains. The remaining Midwest Finast stores were rebranded as Tops Friendly Markets, its Buffalo, New York-based unit. Ahold continued to use Finast on its private-label products in its grocery chains, including Giant-Carlisle, phasing out Finast in favor of products matching each chain's name.
References
- ↑ "Encyclopedia of Cleveland History: FIRST NATIONAL SUPERMARKETS, INC. (FINAST)". Retrieved 29 April 2016.