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Pamida is a regional retailer focused on bringing value and convenience close to home in small communities. Headquartered in Omaha, Neb., the company.. read more operates more than 200 stores throughout 17 states, primarily in the Midwest. Pamida carries a wide variety of merchandise including apparel, home electronics, domestics, seasonal items, toys, housewares, and grocery offerings, and features top-quality name brands. In addition, the company operates pharmacies in 146 retail stores and offers free prescription mail-out service throughout all Pamida markets. Pamida is dedicated to being a valuable corporate partner, and is engaged in its hometowns through support of local businesses and organizations. Pamida is an affiliate of Sun Capital Partners, Inc. un Capital Partners, Inc. is a leading private investment firm focused on leveraged buyouts, equity, debt, and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun Capital affiliates have invested in and managed more than 165 companies worldwide with combined sales in excess of $35.0 billion since Sun Capital’s inception in 1995. Sun Capital has offices in Boca Raton, Los Angeles, and New York, and affiliates with offices in London, Tokyo, and Shenzhen, China. Pamida Historical Timeline 1948 Jim Witherspoon and Lee Wegener begin operating a “service merchandiser” business, providing supermarkets across a five-state area with health and beauty aids, housewares, records and tapes, and some softlines (clothing, footwear, jewelry, linens and towels) items. 1963 Witherspoon and Wegener open their first retail store in Knoxville, Iowa, as part of the Gibson Products Company. The store was so successful, a second location was opened in Oskaloosa, Iowa, just two weeks later. 1963-1970’s Rapid growth pattern continues, and Witherspoon and Wegener’s concept expands into small towns throughout the Midwest and West Central United States. Late 1970’s The relationship with Gibsons ends, and the Pamida name begins appearing on the stores. The name represents the first the first two letters of the first names of Witherspoon’s three sons -- Pat, Mike and David. In addition to hardlines (hardware, housewares, automotive, electronics, sporting goods, health and beauty aids or toys), softlines and seasonal merchandise, the company also operates its own Pharmacy division. 1981 Witherspoon and Wegener sell the company to its employee teammates through an Employee Stock Option Plan (ESOP). 1986 CitiCorp Capital Investors, Ltd. acquires a principal financial interest in Pamida. Late 1980’s Pamida modernizes the merchandising layout of its stores, converting them to a racetrack prototype with a special emphasis on apparel categories. Point of Sale (POS) technology is also installed into all Pamida stores. 1990 Pamida becomes a publicly-traded company on the American Stock Exchange. 1999 ShopKo Stores, Inc., a Fortune 500 company headquartered in Green Bay, Wis., purchases Pamida, operating the company as a separate division. 2005 ShopKo Stores, Inc. is purchased by an affiliate of Sun Capital Partners, Inc., a leading private investment firm. Pamida is separated from the ShopKo umbrella. Pamida reestablishes its corporate headquarters in Omaha, Neb. 2007 Pamida launches aggressive growth plan, opening nine new stores and three store relocations. Pamida also purchases numerous pharmacies.