Red Apple Group, Inc. · New York, NY United States
Company Description
View Red Apple Group, Inc. Locations On A US Map
This link will open in a new window
This link will open in a new window Red Apple Group sells more than just apples in the Big Apple. Subsidiary United Refining , which processes 70,000 barrels of oil a day, distributes fuel to its 370 Country Fair, Red Apple Food Marts, and/or Kwik Fill branded gas stations/convenience stores in New York, Pennsylvania, and Ohio. Red Apple controls Gristede's Foods , a leading New York City supermarket chain. It also has real estate, aircraft leasing, and newspaper operations. The Red Apple Group is owned by Greek immigrant entrpreneuer CEO John Catsimatidis, who, in a classic rags-to-riches story, started his business empire with one small grocery store in Manhattan. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Red Apple Group, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | February |
| Employees | 7,000 |
Red Apple Group, Inc. Executives
2 executives listed for Red Apple Group, Inc.'s New York, NY location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO, Red Apple Group and Gristede's Foods; Chairman and CEO, United Refining Company | John Catsimatidis | Network |
| President and COO, United Refining | Myron Turfitt | Network |
Competition
Competitive Landscape for Red Apple Group, Inc.
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Red Apple Group, Inc. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!