Business Services Industry

Spartanburg, S.C.-Based Grocery Chain Sells Out to Virginia's Acme Markets.

Knight Ridder/Tribune Business News, May, 1999 by Davis, Kathleen

Knight Ridder/Tribune Business News

May 13 -- Focusing on a loyal following of core customers, Community Cash has emphasized personal service and a hometown feel at its grocery stores.

But on Wednesday, the 78-year-old, Spartanburg-based independent chain announced it is cashing out for good.

Community Cash -- which grew from a single wholesale hay and feed store to a peak number of 40 locations in the 1980s -- is selling its business to Acme Markets of Virginia Inc.

For retired Community Cash employee Richard Horton, word of the pending sale was bad news.

"I hate to see it," said Horton, a Lyman resident who worked for Community Cash for nearly 50 years before retiring in 1995. "We had a real nice company at one time. We...

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