Founded in 1899 by Danish immigrant George S. Rasmussen along with his brother Thorvald in Chicago, Illinois, the retailer spread to about 160 stores by 1920, and annual sales approached $13 million.
[1] Many of these stores were closed or sold during the Great Depression, but National Tea remained among the 10 largest grocery chains in the United States for most of the 20th century.
[4] Immediately following this purchase, Schnucks received approval from the Federal Trade Commission to sell the National Tea New Orleans division to Schwegmann Giant Super Markets of Metairie, Louisiana, which later sold them to A&P, which finally sold them to Rouse Markets in 2007.
[5] Kroger and National had been battling for the number two and three spots in the St. Louis market since the 1970s, swapping rankings several times over throughout the 1970s and 1980s.
Schnucks, to avoid having too much market share in St Louis, was required to sell off some of the National Store locations, which it did to James Gibson who later was indicted for fraud involving structured settlements.