Wakefern Food Corporation
Wakefern Food Corporation[edit | edit source]
Wakefern Food Corporation is a retailers' cooperative (co-op) of supermarkets in the northeastern United States. It was founded in 1946 and is currently the largest supermarket co-op in the United States. The corporation comprises 50 members who individually own and operate supermarkets under the ShopRite and Price Rite Marketplace banners.
History[edit | edit source]
Wakefern Food Corporation was established in 1946 by a group of eight New Jersey grocers who were struggling to survive in the competitive grocery market. The grocers decided to combine their buying power to receive better prices from suppliers and pass the savings onto their customers. The name "Wakefern" is derived from the initials of the founders' names.
Operations[edit | edit source]
The Wakefern Food Corporation operates more than 350 supermarkets throughout the northeastern United States. These supermarkets operate under the ShopRite and Price Rite Marketplace banners. In addition to its supermarket operations, Wakefern also operates warehouses and distribution centers that supply its member stores with groceries and other goods.
Membership[edit | edit source]
Membership in the Wakefern Food Corporation is open to independent grocers who wish to benefit from the co-op's buying power and other services. Each member of the co-op owns and operates their own supermarket, but benefits from the collective buying power of the co-op.
ShopRite and Price Rite Marketplace[edit | edit source]
ShopRite and Price Rite Marketplace are the two supermarket banners under which Wakefern members operate. ShopRite stores are full-service supermarkets that offer a wide variety of groceries, fresh produce, meat, and bakery items. Price Rite Marketplace stores are smaller, discount supermarkets that offer a more limited selection of items at lower prices.
Corporate Responsibility[edit | edit source]
The Wakefern Food Corporation is committed to corporate responsibility and sustainability. The corporation has implemented a number of initiatives to reduce its environmental impact, including energy conservation, waste reduction, and sustainable sourcing practices. In addition, Wakefern supports a number of charitable organizations and community initiatives through its corporate giving program.
See Also[edit | edit source]
References[edit | edit source]
External Links[edit | edit source]
Search WikiMD
Ad.Tired of being Overweight? Try W8MD's physician weight loss program.
Semaglutide (Ozempic / Wegovy and Tirzepatide (Mounjaro / Zepbound) available.
Advertise on WikiMD
|
WikiMD's Wellness Encyclopedia |
| Let Food Be Thy Medicine Medicine Thy Food - Hippocrates |
Translate this page: - East Asian
中文,
日本,
한국어,
South Asian
हिन्दी,
தமிழ்,
తెలుగు,
Urdu,
ಕನ್ನಡ,
Southeast Asian
Indonesian,
Vietnamese,
Thai,
မြန်မာဘာသာ,
বাংলা
European
español,
Deutsch,
français,
Greek,
português do Brasil,
polski,
română,
русский,
Nederlands,
norsk,
svenska,
suomi,
Italian
Middle Eastern & African
عربى,
Turkish,
Persian,
Hebrew,
Afrikaans,
isiZulu,
Kiswahili,
Other
Bulgarian,
Hungarian,
Czech,
Swedish,
മലയാളം,
मराठी,
ਪੰਜਾਬੀ,
ગુજરાતી,
Portuguese,
Ukrainian
Medical Disclaimer: WikiMD is not a substitute for professional medical advice. The information on WikiMD is provided as an information resource only, may be incorrect, outdated or misleading, and is not to be used or relied on for any diagnostic or treatment purposes. Please consult your health care provider before making any healthcare decisions or for guidance about a specific medical condition. WikiMD expressly disclaims responsibility, and shall have no liability, for any damages, loss, injury, or liability whatsoever suffered as a result of your reliance on the information contained in this site. By visiting this site you agree to the foregoing terms and conditions, which may from time to time be changed or supplemented by WikiMD. If you do not agree to the foregoing terms and conditions, you should not enter or use this site. See full disclaimer.
Credits:Most images are courtesy of Wikimedia commons, and templates Wikipedia, licensed under CC BY SA or similar.
Contributors: Prab R. Tumpati, MD
