The owner of ShopRite of Four Seasons is Inserra Supermarkets, Inc. Inserra Supermarkets is a family-owned and operated company that began in 1946 as a small neighborhood grocery store located in North Bergen, NJ.
Founded by Louis and Jean Inserra, the company has grown to include more than 20 ShopRite supermarkets and more than 1,500 associates throughout New Jersey, New York and Pennsylvania. Inserra Supermarkets is committed to the well-being of their communities and is dedicated to providing quality products and services at affordable prices.
Who is ShopRite owned by?
ShopRite is owned by a consortium of retailers, wholesalers, and financial backers called Wakefern Food Corporation. Founded in 1946, Wakefern is the largest retailer-owned cooperative in the United States and is comprised of 50 members who own and operate more than 250 ShopRite supermarkets located in New Jersey, New York, Pennsylvania, Connecticut, Delaware and Maryland.
Each ShopRite store is independently owned and operated by its member, who sharing in the collective strength of the cooperative to purchase trusted products for their customers at great values.
How many ShopRites do the Saker family own?
The Saker family owns 57 ShopRite stores in New Jersey, New York, Pennsylvania, Maryland and Delaware. their stores cover a wide range of formats, from full-service supermarkets to convenient Cash & Carry stores.
The Saker family is the largest independent retailer-owned cooperative in the United States. Led by CEO Neil Saker, the family has become an icon of the grocery industry in the Northeast. With over 9,000 associates, the Saker’s operate 57 ShopRite stores throughout the region, and in 2018 had revenues of over $4.
2 billion. They have also made major investments to better serve their communities, such as installing solar power in select stores, providing job training programs and offer free health screenings.
Who owns ShopRite in Wilmington Delaware?
ShopRite of Wilmington is a family-owned business owned by the Brown family. It is part of the larger Wakefern Food Corporation, which is a group of independently operated supermarkets located in six states along the East Coast.
The Brown family first opened their first ShopRite in Wilmington in 1975, and since that time they have expanded to several different locations. The Brown family has been in business for over 40 years and they are dedicated to providing quality service to their customers.
The ShopRite in Wilmington provides groceries, health and beauty items, fresh produce, frozen items and more. They also host a variety of special events and promotions throughout the year, as well as a variety of community activities to benefit local schools and charitable organizations.
The Brown family is a well-known and respected business in Delaware, and their commitment to providing quality groceries for the Wilmington area is evident.
What is the biggest ShopRite in New Jersey?
The biggest ShopRite in New Jersey is the ShopRite of Union Square, located in Union Township, Union County. Opened in 2005, this supermarket is an expansive 65,500 square feet and holds one of the widest varieties of products of any ShopRite in New Jersey.
Customers come from near and far to take advantage of shop the many organic, gourmet, and natural selections, as well as more traditional grocery items and prepared foods. Unique features include a salad bar, delicatessen, café, seafood market and a bakery.
Other amenities include a pharmacy and catering services. The store also offers online ordering and home delivery. The Shoprite of Union Square is open 24 hours and provides shoppers with the convenience they need to purchase the items they need.
Are all ShopRites owned by the same company?
No, not all ShopRites are owned by the same company. ShopRite is the name of a chain of supermarkets owned by independent cooperative grocers under the retailer-owned cooperative Wakefern Food Corporation.
Wakefern is owned by around 50 independent members who operate their individual ShopRite stores across the United States. Each ShopRite member and store owner is an independent business, so the extent to which each store is operated, managed and stocked with products may vary.
Additionally, ShopRite stores are also independently owned and operated by companies apart from Wakefern, such as Wakefern member and Supermarket Management Corporation, Village Supermarkets and Food Bazaar Supermarkets Inc.
Who are the major shareholders of ShopRite?
The major shareholders of ShopRite are Wakefern Food Corporation and Konover South, LLC. Wakefern Food Corporation is the largest member-owner of ShopRite and the largest retailer-owned cooperative in the United States.
Konover South, LLC is a private real estate investor based in South Carolina that invests in commercial and residential properties. Other major shareholders of ShopRite include Howard J. Rothman, Michael Paterno, Robert Bernero, Joseph Turza, and Jeffrey M.
Buyrle. Combined, these shareholders own a total of 34. 2% of the company’s outstanding shares.
Did ShopRite get bought out?
No, ShopRite has not been bought out. The chain was founded in 1946 by the Wilgus family and has remained family-owned and operated ever since. ShopRite is currently the largest retailer-owned cooperative in the United States and the largest employer of union labor in the state of New Jersey.
The parent company, Wakefern Food Corporation, is owned by a cooperative of approximately 50 independent ShopRite supermarkets located in New York, New Jersey, Delaware, Connecticut, and Pennsylvania.
ShopRite has not been bought out and has been under the same ownership since its inception.
When did ShopRite Newark open?
ShopRite Newark first opened in 1957, when the first ShopRite store opened in the Ironbound district of Newark, NJ. Since then, it has become a huge part of the community, serving Newark and its surrounding areas.
ShopRite Newark was the first store in the ShopRite family and remains the largest. Over the last 60 years, ShopRite Newark has become a grocery destination for many people in the area, offering quality products and services to its customers.
The store strives to provide the highest quality products, competitive prices, and outstanding customer service. Its full-service department store has a great selection of fresh produce, dairy, deli, meats, seafood, international foods, frozen foods, bakery, general grocery items, and health and beauty supplies.
ShopRite Newark also offers an online presence, making it even easier for patrons to shop for their groceries.
Where is the world’s largest ShopRite?
The world’s largest ShopRite is located in Langhorne, Pennsylvania, at the Oxford Valley Mall. The ShopRite is 42,000 sq. ft. in size, making it the largest in the world. It features a large selection of groceries, deli items, freshly-made prepared foods, and other specialty items, as well as an in-store Starbucks.
Customers can also use the store’s Click & Collect service to order their groceries online and pick them up at the store. The store also offers a pharmacy and nutritional services and products to help customers maintain healthy diets.
ShopRite of Langhorne is part of Wakefern Food Corporation, a cooperative of over 50 independent ShopRite supermarkets located in New Jersey, New York, Maryland, Pennsylvania, Delaware, and Connecticut.
What did ShopRite used to be called?
ShopRite used to be called the Consumer Cooperative Society (CCS). It was founded by a group of individuals in 1946 in White Plains, New York, with the aim of providing affordable groceries to the public.
The members of the society contributed to the start-up costs for the store and purchased food in bulk to help keep prices low. The store initially operated as a nonprofit and the profits were reinvested to sustain the business.
Over the decades, ShopRite grew and expanded to different locations and eventually purchased other stores, changing its name in the process. Today, the chain of supermarkets is owned and operated by Wakefern Food Corporation, which is the largest retailer-owned cooperative in the United States.
Who bought out ShopRite?
In 2017, Wakefern Food Corporation, a leading retailer-owned grocery cooperative in the United States, completed its acquisition of ShopRite Supermarkets, a large U. S. retail grocery chain operating across the Mid-Atlantic, Northeast and Pennsylvania areas.
As part of the acquisition, Wakefern Food Corporation acquired full ownership of the ShopRite brand and the rights to the franchise operations of all 72 ShopRite Supermarkets, expanding their network of stores to more than 350 across eight states.
Wakefern Food Corporation also owns five other food service entities, including PriceRite, Leader Warehouse and NJ Wholesale, which were operating independently of ShopRite prior to the acquisition.
Following the purchase, Wakefern Food Corporation announced that all ShopRite Supermarkets will remain in their current locations and operate under the ShopRite banner. The ShopRite franchise model of independent ownership and operation will remain the same, with ShopRite owners retaining their current levels of ownership and decision-making rights.
ShopRite franchise stores continue to be independently owned and operated businesses. Although it was acquired by Wakefern Food Corporation, operating procedures and business practices will remain as is for existing ShopRite franchisees.
Who is the owner of ShopRite stores?
ShopRite is a chain of supermarkets in the United States owned by Wakefern Food Corporation. The majority of ShopRite stores are located in New Jersey, New York, Connecticut, Delaware, Maryland, and Pennsylvania.
Founded in 1946 in New Jersey, it is the largest retailer-owned cooperative in the United States and one of the largest food retailers in the nation, with over 270 stores. The cooperative is owned by 39 members, comprising 34 retailers and 5 wholesalers; each member, who is family-owned, independently operates one or more stores.
Wakefern Food Corporation, the trading and merchandising arm of the cooperative, currently provides services to over 50 member-owners that operate approximately 270 stores and among the largest supermarkets in the United States.
Are ShopRite stores independently owned?
Yes, ShopRite stores are independently owned. ShopRite is owned by a cooperative organization called Wakefern Food Corporation. Wakefern is composed of about 50 different members who own and operate the independently run ShopRite stores located across the United States.
ShopRite stores are organized by member and span from single store operators to large regional businesses. Under the cooperative agreement, each individual member owns a single share of ShopRite and the group collaborates to purchase, market and operate the stores.
Wakefern is the largest retailer-owned cooperative in the United States, providing competitive prices and quality foods to its customers.
Is ShopRite black owned?
No, ShopRite is not black owned. ShopRite is a retail grocery chain owned by the Wakefern Food Corporation, which is owned by 51 independent member-owner companies that are primarily composed of American-Italian immigrant families and several of their descendants.
While the company is not owned exclusively by any one group or race, the majority of ShopRite member-owners fit into this category. Similarly, none of the high-ranking executive and administrative positions within the company are held by people who are black.