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| Company type | Private |
|---|---|
| Industry | Retail |
| Founded | mid-1950s Michigan, United States |
| Founder | Royal Supermarkets |
| Defunct | 1986 (1986) |
| Fate | Defunct |
| Headquarters | Detroit |
| Key people | Alex Dandy |
| Products | Groceries |
| Owners | Last owner Alex Dandy |
Chatham was a supermarket chain, now-defunct, headquartered in southeastern Michigan, United States. Founded by Royal Supermarkets in the mid-1950s, Chatham was often compared to Kroger in size and selection. Typical of many grocery stores of its time, Chatham was unable to keep up with big-box grocery competitors, including Michigan-based Meijer. Kroger subsequently purchased former Chatham locations after the chain went out of business.
Demise
In 1986, Chatham was then owned by Nu-Trax, Inc., headed by Wendell Smith. In March 1986, the company was purchased by Alex Dandy, a businessman who owned Hamady Brothers food chain in Flint, Michigan. Dandy illegally diverted assets of the company to his personal benefit, and Chatham was forced to file for bankruptcy in 1987. Dandy was convicted in 1991, of tax offenses, mail fraud, bankruptcy fraud, and obstruction of justice. He died in 2003.
References
- ^ United States of America, Plaintiff-appellee, v. Alex Dandy, Defendant-appellant, 998 F.2d 1344 (6th Cir. 15 September 1993).
- Henderson, Tom (1 June 1992). "The looting of Chatham. (Alex Dandy convicted for plundering Chatham Supermarkets Inc.)". Corporate Detroit. Archived from the original on 20 July 2012. Retrieved 20 May 2012.
- "Obituaries: Alex Dandy". Supermarket News. 22 December 2003. Retrieved 20 May 2012.
External links
Chatham memories - site for former Chatham employees. Includes history of company
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- Retail companies established in the 1950s
- Retail companies disestablished in 1987
- Defunct companies based in Michigan
- Defunct supermarkets of the United States
- Bankrupt companies of the United States
- Companies that have filed for Chapter 11 bankruptcy
- Companies that filed for Chapter 11 bankruptcy in 1987
- 1987 disestablishments in Michigan
- United States retail company stubs