ShopRite

From WikiMD's Wellness Encyclopedia

Introduction[edit | edit source]

ShopRite is a retailers' cooperative (co-op) of supermarkets with stores in six states: Connecticut, Delaware, Maryland, New Jersey, New York, and Pennsylvania. Based in Keasbey, New Jersey, ShopRite consists of 50 individually owned-and-operated affiliates with over 296 stores, all under its corporate and distribution arm, Wakefern Food Corporation.

History[edit | edit source]

ShopRite has its origins in a cooperative buying group of eight struggling independent grocers in Newark, New Jersey, who, in 1946, began calling themselves "ShopRite". By 1951, the group had grown into a full-fledged cooperative comprising 70 grocers.

Business Model[edit | edit source]

Unlike most supermarket chains, ShopRite is not a "chain" in the traditional sense, as its operations are coordinated through a retailers' cooperative, meaning it is managed and operated by a coalition of independent companies who run their own stores.

Services[edit | edit source]

ShopRite offers a variety of services including home grocery delivery and online ordering. They also have a mobile app that allows customers to shop from their smartphones.

Community Involvement[edit | edit source]

ShopRite is known for its community involvement. They sponsor the ShopRite LPGA Classic, a women's golf tournament on the LPGA Tour. They also support local food banks and other community initiatives.

Conclusion[edit | edit source]

ShopRite is more than just a supermarket; it's a cooperative of independent grocers working together to provide quality products and services to their communities. With a history dating back to 1946, ShopRite has grown into a major player in the supermarket industry.

See Also[edit | edit source]

Contributors: Prab R. Tumpati, MD