Woodman's Markets

From WikiMD's Wellness Encyclopedia

Woodman's Markets[edit | edit source]

Woodman's Markets is a regional supermarket chain based in Janesville, Wisconsin. The company operates 18 stores across Wisconsin and northern Illinois. Woodman's is known for its large stores, a wide variety of products, and low prices.

History[edit | edit source]

Woodman's Markets was founded in 1919 by John Woodman as a produce stand. The business expanded over the years, becoming a full-service grocery store. In the 1970s, the company began to focus on offering a wider variety of products at lower prices, a strategy that has continued to this day.

Business Model[edit | edit source]

Woodman's operates on a warehouse model, with large stores that stock a wide variety of products. The company is able to offer lower prices by buying in bulk and passing the savings onto the customers. Unlike many other grocery chains, Woodman's does not offer a loyalty program or weekly sales. Instead, the company focuses on offering consistently low prices.

Employee Ownership[edit | edit source]

One unique aspect of Woodman's Markets is that it is employee-owned. The company began its employee stock ownership plan (ESOP) in 1998. This means that employees have a vested interest in the success of the company.

Locations[edit | edit source]

Woodman's operates 18 stores across Wisconsin and northern Illinois. The company's largest store, located in Kenosha, Wisconsin, is over 240,000 square feet.

See Also[edit | edit source]

References[edit | edit source]

External Links[edit | edit source]

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Contributors: Prab R. Tumpati, MD