Major Company Profiles

 A&P (The Great Atlantic & Pacific Tea Company, Inc.)

 

 A&P was founded in 1859 in New York City. At its peak in the 1930s it operated 16,000 stores and remained the number one retailer in the US through the 1950s. By the 1960s local and regional competition began to push the company from some markets and its quantity of outlets has declined steadily to approximately 400 stores in nine states today. New Jersey and New York are mainstays of its operation. One of its top-performing stores by volume is in Midland Park, NJ. The company also operates The Food Emporium, Food Basics, Waldbaum and Super Fresh chains among several others. A&P also acquired Pathmark Stores for about $1.3B. The company is majority owned by Tengelmann Group of Germany. However, Yucaipa, a California company, took a 27% stake in the company in 2009. After a $876M loss in fiscal 2009 and further losses of 122.6M in fiscal 1st Quarter 2010, the company brought in its fourth new CEO in under a year, Sam Martin from Office Max, to turn its financial performance around.

Web http://www.aptea.com/

 
 

Food Basics

 

 Food Basics is a division of A&P (The Great Atlantic and Pacific Tea
Company). Its concept is no frills, which A&P successfully
introduced in Canada and then brought to the US in 2001 by converting
one of its A&P branded stores in Passaic, NJ. There are
approximately 11 Food Basics stores in New Jersey, New York and
Pennsylvania. In 2006 A&P revitalized the Food Basics “look &
feel” with a newer format, wider aisles, new signage and colors and an
emphasis upon everyday low pricing.

 

Web www.foodbasics.com
 
 

The Food Emporium

 

The Food Emporium is a division of A&P (The Great Atlantic and
Pacific Tea Company). It is comprised of 30 stores primarily located in
Manhattan with some located in New Jersey and a few north of NYC and in
Connecticut. It is viewed as upscale and caters to an affluent
clientele. The Food Emporium was originally part of Shopwell, Inc prior
to its purchase by A&P in 1986. Many of the stores in New York City
were originally A&P outlets that were converted to The Food Emporium
brand. 

 

Web www.thefoodemporium.com
 
 

Foodtown

 

Foodtown is a cooperative comprising individually owned or groups of
entrprise owned stores in central New Jersey, New York and eastern
Pennsylvania. In the 1980s and 1990s more than 150 stores operated in
New Jersey and New York. In 1995 Royal Ahold of the Netherlands
purchased 45 stores and in the following years a number of others left
the cooperative. Since the 1990s 5 stores have opened in Pennsylvania to
go along with more than 50 stores in New Jersey and New York.
Foodtown’s corporate offices negotiate with suppliers, and direct
marketing programs on behalf of the cooperative’s storeowners.

 

Web www.foodtown.com
 

Gristede’s Foods, Inc.

 

 

Two brothers, Dietrich and Charles Gristede, founded Gristede’s in 1888
in New York City. By 1938 there were more than 150 stores, including
liquor stores in the New York area. In 1969 the company was sold to
Southland Corporation which itself was acquired by the Red Apple Group
in 1986. The Red Apple Group, privately held, continues to operate the
chain with more than forty stores in operation today. Most are
supermarkets primarily in Manhattan with others in Westchester County
and other parts of New York. The chain operates several mega-stores and
owns City Produce Operating, which provides groceries to the
supermarkets and sells wholesale produce to third parties.

 

Web www.gristedes.com
 
 

Kings Super Markets, Inc.

 

Kings was founded in 1936 and has grown to more than 20 stores in New
Jersey and New York. The stores target upscale consumers and are located
in or near affluent communities. Marks & Spencer, a UK clothing
retailer that also targets affluent buyers, purchased the company in
1988. Kings was again sold in 2006 to a private investor group who
continues to operate the stores with a bias toward its original target
market.

 

Web www.kingswebsite.com
 

 

Food Basics

 

 Food Basics is a division of A&P (The Great Atlantic and Pacific Tea
Company). Its concept is no frills, which A&P successfully
introduced in Canada and then brought to the US in 2001 by converting
one of its A&P branded stores in Passaic, NJ. There are
approximately 11 Food Basics stores in New Jersey, New York and
Pennsylvania. In 2006 A&P revitalized the Food Basics “look &
feel” with a newer format, wider aisles, new signage and colors and an
emphasis upon everyday low pricing.

 

Web www.foodbasics.com
 
 

The Food Emporium

 

The Food Emporium is a division of A&P (The Great Atlantic and
Pacific Tea Company). It is comprised of 30 stores primarily located in
Manhattan with some located in New Jersey and a few north of NYC and in
Connecticut. It is viewed as upscale and caters to an affluent
clientele. The Food Emporium was originally part of Shopwell, Inc prior
to its purchase by A&P in 1986. Many of the stores in New York City
were originally A&P outlets that were converted to The Food Emporium
brand. 

 

Web www.thefoodemporium.com
 
 

Pathmark Stores, Inc.

 

Pathmark was born in 1968 when Supermarkets General Corporation left the
Wakefern Cooperative with approximately 80 then named ShopRite stores,
which were re-branded to Pathmark. By 1978 about 109 stores were in
operation. After years of positive and negative performance Pathmark
filed for bankruptcy in 2000, but recovered quickly to emerge stronger
in 2001. It operates about 140 stores in New Jersey, New York,
Pennsylvania and Delaware. A number of stores are 50,000 square foot
Super Centers with pharmacies, mini bank branches, large bakery
operations and plant & flower centers. Recently Pathmark was
acquired by A&P.

 

Web http://pathmark.com/
 
 

ShopRite Supermarkets/ Wakefern Food Corporation

 

ShopRite Supermarkets is the brand moniker of the largest retailer owned
store cooperative in the US. It was incorporated as Wakefern Foods in
1946 when seven storeowners agreed to form a cooperative to negotiate
the purchase of wholesale goods on their collective behalf. The ShopRite
name was introduced in 1951 to attract consumers and to bring more
stores into the cooperative. In 1968 Supermarkets General Corporation
left the cooperative with about 80 stores to become Pathmark. However,
after a few years those members who remained had expanded to a level of
equal or greater sales volume. Today the Wakefern Cooperative is
comprised of more than 40 members who own and operate over 200 ShopRite
stores in seven states. Wakefern maintains 2.5 million square feet of
warehouse space and operates a fleet of 400 tractors and 2000 trailers.

 

Webs www.shoprite.com
www.wakefern.com
 
 

The Stop & Shop Supermarket Company

 

Stop & Shop was founded as the Economy Grocery Stores Company in
1914 in Somerville, MA. Its name became Stop & Shop, Inc. in 1946.
The company grew steadily primarily in New England with purchases and
sales of other retail chains such as Bradlees, Medi-Mart and Perkins
Tobacco. In the late 1980s it was acquired by a leveraged buyout firm
which unsuccessfully tried to arrange a merger with Safeway. In 1995 the
American division of the Dutch company Ahold purchased Stop & Shop.
Today it operates about 385 stores in six states and has begun
integrating new Starbucks licensed outlets in some of its locations such
as Morris Plains, NJ and Dix Hills, NY. In July 2007 Stop & Shop
announced that it was selling 10 super stores in Southern NJ and
Philadelphia to Wakefern Foods. They will be converted to ShopRite
Supermarkets. In August of 2008 the company introduced a new logo seen
above.

 

Web www.stopandshop.com
 
 

Waldbaum, Inc.

 

Waldbaum’s began in 1904 with a shop opened by Joseph Waldbaum in
Brooklyn, NY. Today it operates more than seventy stores in New York
City, Westchester County and Long Island. During the 1970s it expanded
into New England by purchasing Foodmart, Inc. of Springfield, MA. The
New England stores became Waldbaum’s Foodmart and rose to over 150
outlets at their peak. The Great Atlantic and Pacific Tea Company
(A&P) acquired Waldbaum’s in 1986. Over time Waldbaum’s Foodmart
branded stores were renamed Super Foodmart and A&P Foodmart. The
other stores continued with the Waldbaum’s moniker. Today most stores
have bakeries and more than half have pharmacies.

 

Web www.waldbaums.com