Company American Consumers, Inc.

American Consumers, Inc. (ACI) operates eight supermarkets within a geographical area that comprises Northwest Georgia, Northeast Alabama, and Southeast Tennessee. All of the Company’s supermarkets are operated under the name Shop-Rite. All of the Company’s supermarkets are self-service and are engaged in the retail selling of groceries including meats, fresh produce, dairy products, frozen foods, bakery products, tobacco products, and miscellaneous other non-food items. The Company’s supermarkets feature national brand merchandise with only a minor part of sales from controlled-label, private-label or generic merchandise. ACI’s supermarkets offer milk and certain dairy products, as well as canned vegetables, frozen vegetables and jellies, under the controlled-labels Foodland, Food Club, Ultimate Choice, Freshland, Price Saver, Top Crest, Top Care, Select and Valu Time. Bread and related bakery items are also offered as controlled-label groceries.