K-VA-T Food Stores, Inc. · Abingdon, VA United States
Company Description
Phone: 276-628-5503
Fax: 276-623-5440
Toll Free: 800-826-8451
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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 95 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 about 70 pharmacies, 50 Gas'N Go gasoline outlets, and banking. Its Food City Distribution Center provides warehousing and distribution services. The founding Smith family owns a majority of K-VA-T; employees own the rest of the company. To read the full description, subscribe now.
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Key K-VA-T Food Stores, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,800.0 |
| 2008 Employees | 12,000 |
K-VA-T Food Stores, Inc. Executives
27 executives listed for K-VA-T Food Stores, Inc.'s Abingdon, VA location.
| Title | Name & Bio | Contact |
| President and CEO | Steven Smith | Network |
| Jesse Lewis | Network | |
| Robert Neeley | Network |
Competition
Competitive Landscape for K-VA-T Food Stores, Inc.
Demand is driven largely by demographic shifts, particularly trends in population and age, working women, race and ethnicity, household size, and levels of disposable income. The profitability of individual companies depends on a good product mix and efficient operations. Large distributors are advantaged by bulk purchasing and economies of scale in distribution. Smaller companies can compete effectively by specializing in organic, natural, or kosher products or focusing on a geographical area. Average annual revenue per worker for a typical company is $675,000. To read the full description, subscribe now.Top K-VA-T Food Stores, Inc. Competitors
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