Wakefern Food Corp.
Operates ShopRite and PriceRite supermarkets.
5000 Riverside Dr.
Keasbey, NJ 08832
CEO: Joseph Colalillo
Wakefern Food Corp. has grown into the largest retailer-owned cooperative in the United States. It operates more than 230 supermarkets under the ShopRite banner in New Jersey, New York, Connecticut, Pennsylvania, Maryland and Delaware. There are also 45 PriceRite stores in six states.
As the merchandising and distribution arm of both ShopRite and PriceRite, Wakefern, together with its member companies, employ more than 50,000 people; making it one of the largest employers in New Jersey.
In addition, Wakefern also distributes products to other supermarkets throughout the northeastern United States and Bermuda. Wakefern was recently named one of the Best Places to Work in NJ by NJBIZ Magazine.
The corporation reported $12.8 billion in retail sales for fiscal 2011, an 8.5% increase from the previous year. Warehouse sales were $9.5 billion.
The cooperative opened 10 new ShopRite stores and 2 new PriceRite stores during the past year.
Wakefern was first founded in 1946 with eight members – all owners of their own grocery stores. Today, the cooperative is comprised of 47 members who operate over 230 supermarkets.
In 1996, Wakefern introduced PriceRite stores, extending the company’s reach into Rhode Island and Massachusetts.
• Medical insurance
• Vision care
• Dental insurance
• Life insurance, including AD&D
• Long-term disability coverage and long term care insurance
• Auto, Home and Pet insurance
• Competitive 401(k)
• Tuition reimbursement
• Paid time off and holidays
• Flexible spending accounts that allow employees to pay for specific medical, dental
and dependent care expenses on a pre-tax basis
• Employee assistance programs
• Service awards
• Credit Union
• Discounts on cellular phone service
• Health and wellness programs
Updated December 21, 2011