Report Summary
Wakefern Food Corp - Strategic SWOT Insights - A 360° Review of Opportunities, Challenges and Risk, Corporate and ESG Strategies, Competitive Intelligence and Operational KPI’s, and Recent Trends is a comprehensive and easily accessible overview of Wakefern Food Corp 's business operations. It provides a detailed analysis of the company's strategic standing, as well as its position in the industry compared to competitors. The report includes several key features to facilitate decision-making and provide insights into the company's performance.
The report begins with in-depth information about Wakefern Food Corp including key insights, business segments, key executives, locations, products and services, historical events, corporate strategy, and management discussions. This section provides a solid foundation for understanding the company's key attributes.
Next, the report assesses Wakefern Food Corp's strategic standing through various analyses. The ESG spotlight evaluates the company's environmental, social, and governance performance, providing insights into its sustainability efforts and ethical practices. The SWOT analysis examines the company's internal strengths and weaknesses, as well as external opportunities and threats. By integrating these strategic analyses, the report offers a comprehensive understanding of Wakefern Food Corp's overall strategic standing and supports informed decision-making and strategic planning.
Finally, the report includes recent news and deal activities undertaken by Wakefern Food Corp enhancing awareness of the company's business trends, growth perspectives, and more.
Key Highlights
Wakefern Food Corp., established in 1946 by eight independent grocers in Newark, New Jersey, has evolved into the largest retailer-owned cooperative in the United States. Headquartered at 5000 Riverside Drive in Keasbey, New Jersey, Wakefern comprises nearly 50 member companies that independently own and operate 365 supermarkets across the Northeast. The cooperative's retail banners include ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage, Fairway Market, and Di Bruno Bros., serving customers in New Jersey, New York, Connecticut, Pennsylvania, Delaware, Maryland, Massachusetts, New Hampshire, and Rhode Island.
Beyond retail, Wakefern provides a suite of services to its members, including advertising, marketing, merchandising, procurement, and technology support. As of 2021, the cooperative employed approximately 80,000 individuals. In the fiscal year ending September 28, 2024, Wakefern reported retail sales of $20.1 billion, reflecting a 2.2% increase from the previous year. The cooperative continues to grow and lead in grocery innovation.
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