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  2. In 1929, A&P was one of only a handful of billion-dollar companies in the world. Other big chains included JC Penney, FW Woolworth, SS Kresge, WT Grant, Kroger, and Safeway. The two big mail order houses, Montgomery Ward and Sears, Roebuck, also started opening physical stores in the 1920s.
    americanbusinesshistory.org/the-wonders-of-chain …
    By the early 1920s, chain retailing was well established in the United States, with A&P, Woolworth's, American Stores, and United Cigar Stores being the largest.
    en.wikipedia.org/wiki/Chain_store
    These negative assessments reflected not only the lackluster record of department store sales and operating expenses but also the rise during the 1920s of the so-called new retailers — the variety chain stores such as Kresge, Woolworth, Penney, and Grant and the former mail-order houses of Ward and Sears.
     
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