Finast

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First National Supermarkets, Inc.
First National Stores
Finast

A former Finast at Meadowbrook Market Square in Bedford, Ohio
Type	Subsidiary
Industry	Retail
Founded	1853
Defunct	1993 (as stores) 1996 (as a store brand)
Fate	Acquired by Pick-N-Pay Supermarkets and later Ahold Converted stores to Pick-N-Pay, Edwards and Tops Friendly Markets Finast store brand phased out later on
Headquarters	Somerville, Massachusetts (original) Maple Heights, Ohio (later)
Products	Grocery
Parent	Ahold

Finast was a retail supermarket brand that existed in the northeastern United States until consolidating all its Northeast stores under the Edwards Super Food Store brand by its Dutch parent Royal Ahold in the mid-1990s. Finast was an acronym for First National Stores. Commonly referred to as "The First National", the chain operated under that name for decades, and ultimately created the Finast acronym for its store-brand products. Several years later, most of its stores were renamed Finast during a modernization effort.

Finast was based in Somerville, Massachusetts. When the chain was purchased by Pick-N-Pay Supermarkets of Ohio in 1978, headquarters for the New England region were moved to the Windsor Locks, Connecticut distribution center while corporate headquarters were moved to Maple Heights, Ohio. Ahold, who had entered the U.S. through its purchase of Bi-Lo Supermarkets in the Southeastern U.S., purchased Finast in 1988. Ahold completed converting the last Pick-N-Pay stores from Finast in 1994.^[1]

The stores not absorbed into Edwards, mostly in the Cleveland, Ohio area, retained the Finast name through the 1990s. After purchasing Stop & Shop in 1996, Ahold rebranded most of the Edwards stores to Stop & Shop and divested the rest (the FTC required the company to divest approximately 20 stores as part of the acquisition.) The remaining Midwest Finast stores were rebranded as Tops Friendly Markets, its Buffalo, New York–based unit. Ahold continued to use the Finast brand on its private-label products in its grocery chains, including Giant-Carlisle. The company eventually phased out the Finast store brand in favor of products matching each chain's name.

References[]

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