![]() Piggly Wiggly stores are found predominantly in medium to smaller size cities, and remain a fixture in many rural communities. ![]() Some of the stores in Alabama have formed Piggly Wiggly Alabama Distributing Company, a retailers' cooperative to manage distribution, while using the Piggly Wiggly name. The company headquarters is located in Keene, New Hampshire. There are presently more than 600 independently owned and operated stores in 17 states. Ī Piggly Wiggly store in Springhill, Louisiana, in August 2011 C&S acquired regional warehouses Piggly Wiggly Carolina in 2013 and Piggly Wiggly Midwest in 2021. Fleming filed for bankruptcy in 2003, and C&S Wholesale Grocers acquired most of the business, including Piggly Wiggly. Malone & Hyde was acquired by Fleming Companies in 1988. Piggly Wiggly was acquired by the wholesale grocer Malone & Hyde in 1982. Someone once asked him why he had chosen such an unusual name for his organization, to which he replied, "So people will ask that very question." Present company There are two theories: One story says that, while riding a train, he looked out his window and saw several little pigs struggling to get under a fence, which prompted him to think of the rhyme. Name Īccording to the Piggly Wiggly Web site, Saunders was "reluctant" to explain the origin of the company's name. Īccording to John Brooks, Piggly Wiggly's "greatly changed corporate structure.flourished into the 1960s," and hundreds of stores "operated under a franchise agreement with the Piggly Wiggly Corporation, of Jacksonville, Florida. Īfter losing control of Piggly Wiggly, Saunders had no further association with the company, although he remained interested in the concept of automated shopping, with which he experimented initially with the Keedoozle store until his death in 1953. In 1935, all 179 Canadian Piggly Wiggly were also sold to Canada Safeway, which merged with Sobeys in 2013. įollowing these events, the company was divided into strategic units and sold to regional grocery chains, including Kroger, Safeway, National Tea, and Colonial. Saunders reputedly lost $9 million in the attempted corner. The Stock Exchange Governors responded by deciding that a corner had been established in Piggly Wiggly and removed the stock from the Board, eventually forcing Saunders to turn over his assets to the banks that had financed his leveraged position. In November 1922, Saunders attempted a squeeze on the substantial short interest in the stock, running the share price up from 40 to 120 and profiting by millions on paper. At its peak in 1932 (see Clarence Saunders), the company operated 2,660 stores and posted annual sales in excess of $180 million. ![]() The success of Piggly Wiggly was phenomenal, and other independent and chain grocery stores changed to self-service in the 1920s and 1930s.
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