[3] During World War II, for the first time, Red Food sold turkeys for forty-five cents per pound to customers for Thanksgiving.
The Red Food purchase gave Promodès 34 supermarkets in Tennessee, Georgia and Alabama.
[4] In order to finance Promodès' expansion, which would invest more than Ffr 2 billion between 1979 and 1984, the company went public in 1979.
[4] In April 1989, Red Food Store's purchase of seven supermarkets in its hometown owned by Kroger Co. was halted at virtually the 11th hour by the Federal Trade Commission, which decided the merger would substantially hamper competition in the market.
The commission lodged the complaint after a Federal appeals court rejected its request for an injunction blocking the transaction.