By the early 1960’s, Fisher Foods was in trouble. The company began losing ground in the late 1950’s, posting a net loss for 1959. The losses would grow, topping $300,000 in 1963. By 1964, with 90% of Fisher’s stores now losing money, the company was ripe for a takeover. In January of that year, a group of Cleveland investors (which, importantly, was made up of career supermarket operators)
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