In
1949, Bill Reitz started working in a grocery store in his Pennsylvania
hometown; he was a high school student who needed a job. In 1998 he
retired after 46 years in the food business, during which time he owned
his own stores and later co-owned one of the largest supermarket chains
in northeast Indiana.
“My neighbor when I was 14 years
old owned a grocery store, and he was the first entrepreneur I knew,”
Bill says. “I went to work for him and learned the importance of
customer service.” Bill says that watching this business owner while
working for him taught him lessons about customer service that would
stay with Bill forever.
After high school graduation,
Bill wanted to go to college but neither he nor his family had the
financial resources to enable him to go without also working. Because
Ball State University was helping students attend college and find work
to finance their education, Bill enrolled there. Bill completed that
first academic year, then spent two years in the U.S. Army, serving his
country in Korea. When he returned to Ball State on the GI bill he began
working part-time at the local Marsh supermarket. “In 1958, I became
Assistant Manager. Subsequently, I was transferred to the Fort Wayne
Marsh stores, where I managed several stores.” Bill says.
In 1962, Bill met Don Scott and
says “We hit it off immediately because we had similar backgrounds,
including attending college at Ball State and grocery store work.”
At that time, Don owned three
small grocery stores in Fort Wayne. After the men got to know each
other, Don asked Bill to become his general manager and buy stock in the
company.
Bill says. “We worked together
in those stores until 1967, when I was ready to reach for my goal of
owning my own store.” To make his goals possible, Don sold Bill one of
the Scott’s stores. With that store, Bill started his own company, Reitz
Stores, Inc.
Bill says it was a unique
business relationship, one that “really worked best for both of us. To
control costs and give customers the best value, Don and I recognized
the opportunities to keep the Scott’s name on the store. So, while we
were operating two separate companies, we had the same store name and
were using the same suppliers for our purchases.” Over the years, both
companies expanded to include more store locations.
The Reitz family was also
involved in the business. His wife, Caroll, managed the books for the
first store. Their daughters, Laurie and Jean started working in the
company as cashiers at the age of 16. Laurie’s husband, Steve Grashoff
also worked for the company, growing with the business to eventually
become its Vice President of Operations.
By the end of the 1970s, both
Bill and Don were enjoying their work and the expansion of their
businesses. They also recognized, however, the need to look at the
future of the grocery industry.
“We saw the changes that were
coming in the 1980s, which we believed would include larger, more modern
stores and more competition,” Bill says. To meet the challenges they
knew they would face, in 1979, Bill and Don merged their two companies,
and 8 stores, into one company. Each had a 50 percent ownership; Don
served as the company Chairman and Bill was its President and General
Manager.
During the 1980s, the men
expanded and replaced their smaller stores with superstores. They opened
their ninth store in Pine Valley, in northern Allen County. As they
continued to expand, the men increased the Scott’s stores market share
in northeast Indiana from 5 percent to well over 50 percent.
They also believed in giving
back to the community and looked at ways their company could be a good
corporate citizen. “We had both lost family members to cancer, so when
at one of these association meetings a retailer in West Virginia told us
what he was doing to help fight cancer in his community, we knew that
was what we wanted to do,” Bill says. “We held our first Scott’s Fight
Cancer Day in 1979, and it was an annual event after that.”
The company grew by leaps and
bounds during the 1980s. During that time the men owned 13 stores in
strategic locations and continued their dedication to quality
merchandise and value pricing. Bill says during those successful years,
the competition was large chain retailers. Against this competition,
Bill and Don worked to stay “in tune with the customer. We wanted them
to be happy when they came in and when they left. We were growing and we
were competitive in the marketplace. It was absolutely fun,” Bill says.
By the late 1980s, Bill and Don
were again seeing a new future for grocery retailers. That future
included intense competition from superstores and what Bill says was
“the need to take on debt or collaborate with a larger partner to afford
to do what needed to be done and done well.”
“We didn’t like what we saw
regarding the debt that would need to be incurred, so we made the
decision to find a larger partner. We sought a partner or buyer who
would be responsive to the opportunities our stores still provided,”
Bill says.
In 1991, the men merged their
company with SuperValu. Bill continued as president for SuperValu. Bill
says SuperValu wanted the Scott’s stores to continue operating as they
had in the past because “they recognized the great relationships we had
with customers in the community and the success that we had.”
When Bill retired in 1998, the
Scott’s division included 22 stores.
“I loved my work and my
community involvement,” Bill says. “I would encourage young people today
to focus on what they think they like to do because chances are, that is
what they will really like in the end. It will also be what they will be
truly successful at with hard work and dedication.” |