From a small, struggling cooperative with eight members – all owners of their own grocery stores – Wakefern Food Corp. has grown into the largest retailer-owned cooperative in the United States.
Founded in 1946, the cooperative is comprised of 50 members who today individually own and operate more than 250 supermarkets under the ShopRite and The Fresh Grocer banners in New Jersey, New York, Connecticut, Pennsylvania, Maryland and Delaware. In 1996, Wakefern introduced PriceRite stores, extending the company`s reach into Virginia, Rhode Island and Massachusetts. Today, there are 55 PriceRite stores in eight states.
As the merchandising and distribution arm ...
From a small, struggling cooperative with eight members – all owners of their own grocery stores – Wakefern Food Corp. has grown into the largest retailer-owned cooperative in the United States.
Founded in 1946, the cooperative is comprised of 50 members who today individually own and operate more than 250 supermarkets under the ShopRite and The Fresh Grocer banners in New Jersey, New York, Connecticut, Pennsylvania, Maryland and Delaware. In 1996, Wakefern introduced PriceRite stores, extending the company`s reach into Virginia, Rhode Island and Massachusetts. Today, there are 55 PriceRite stores in eight states.
As the merchandising and distribution arm of ShopRite, PriceRite, and The Fresh Grocer, Wakefern, together with its member companies, employs more than 70,000 people; making it one of the largest employers in New Jersey. In addition, Wakefern also distributes products to other supermarkets throughout the northeastern United States and Bermuda.
Wakefern was recently named one of the Best Places to Work in NJ by NJBIZ Magazine. In 2011, Supermarket News gave Wakefern its Retail Excellence Award and The Griffin Report named Wakefern its Retailer of the Year.
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Number of Employees:
10K-50K
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Annual Revenue:
> $1 Billion