Wakefern Food Corp. | Company Profile - Revenue, Headcount, Tech Stack, Contacts
Wakefern Food Corp.
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Wakefern Food Corp. is the largest retailer-owned cooperative in the United States, founded in 1946 by eight independent grocers in Newark, New Jersey. The cooperative was established to help these grocers compete with larger supermarkets by pooling their purchasing power. Today, it includes nearly 50 member companies that operate over 380 retail supermarkets across New Jersey, New York, Connecticut, Pennsylvania, Delaware, Maryland, Massachusetts, New Hampshire, and Rhode Island.
Its member companies operate under banners including ShopRite, Price Rite Marketplace, and The Fresh Grocer. ShopRite, adopted as the unified brand name in 1951, has grown to nearly 280 locations. The cooperative provides extensive support such as private label brand development, advertising, and pharmacy support. Wakefern also emphasizes community involvement, having donated over $60 million to combat hunger through its ShopRite Partners In Caring program, and reported retail sales of $17.8 billion for the fiscal year ending October 2, 2021.
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