DOCSLIB.ORG

Family Owned Since 1916

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Family Owned Since 1916 Family owned since 1916 1 What we believe whatAt Wegmans, we believewe that good believe people, working toward a common goal, can accomplish anything they set out to do. In this spirit, we set our goal to be the very best at serving the needs of our customers. Every action we take should be made with our customers in mind. We also believe that we can achieve our goal only if we fulfill the needs of our own people. To our Customers and our People we pledge continuous improvement, and we make the commitment: “Every day you get our best!” 3 4 A century of innovation The story began in 1916, when brothers John and Walter Wegman became fresh produce pushcart peddlers. In 1930, the two brothers made national headlines when they opened a 20,000 square foot store—gigantic by standards of the day—with eye-popping innovations like vaporized water spray to keep produce crisp and a cafeteria that seated 300. In 1950, Robert Wegman, Walter’s son, became president and laid the foundation for Wegmans to be not only a great place to shop, but also a great place to work. Today, Robert’s son Danny Wegman, and Danny’s daughters Colleen and Nicole, lead the company. Wegmans’ big, bright, and beautiful stores offer a shopping experience that customers adore; they rave about the open-air market ambiance, the selection of foods, and the award-winning service. They even like their Wegmans so much they show it off as a tourist attraction, a fun outing for visiting family and friends who don’t live near a Wegmans. This book shares more about the journey that took Wegmans from its beginnings to a company with over 48,000 employees who serve millions of customers at 96 stores (and still growing) in six states. Wegmans Fairport front end, 1958. Left: Grand-opening excitement at Fredericksburg, VA store, 2009. 5 FamilyFamily Robert Wegman graduated from high school in 1937. After the death of his father, he started working full time in the family business. He spent the next ten years learning supermarket operations. Following college graduation and a three-year stint in the U.S. Marine Corps, he became a store manager in 1947 at the age of 29. When his uncle died in 1950, Robert Wegman became president of the company at the age of 31. When he took the helm, Robert Left to right: Nicole, Danny, and Colleen Wegman. Wegman decided his goal was to build Robert Wegman became chairman of the finest supermarket his company in 1969, and in 1976, his chain in the land—even son Danny followed him as president. if that meant Wegmans Eventually Danny’s two daughters, Colleen wouldn’t be the fastest-growing and Nicole Wegman, joined the company. company. One of the first things Robert Wegman named Colleen president he did was to raise all salaries. He in 2005 and Danny CEO. believed that if a company wants its employees to care about customers, then the company has to care about the employees’ needs. 1916 1937 1964 1967 1989 John Wegman opens Robert Wegman joins Danny Wegman joins Robert Wegman writes Nicole Wegman joins the Rochester Fruit & the company. Becomes the company. Becomes the “I am a Merchant” the company. Becomes Vegetable Company. He president in 1950, president in 1976, CEO speech, which becomes VP in 2008, Sr. VP in 2012. is joined by his brother chairman in 1969. in 2005, and chairman the framework for his Walter a year later. in 2017. company’s success. 6 This is the culmination Òof my whole life’s work. –Robert WegmanÓ On ranking #1 on FORTUNE Magazine’s “100 Best Companies to Work For” list. In March 2017, Colleen Wegman was named president and CEO; Danny Wegman became chairman. “What I’ve been happy about is I’ve never paid attention to a title. I’ve been fortunate because I’ve grown up in the business and it’s never been important what role anybody plays. It’s been everybody’s role to contribute the best we can every day,” said Colleen. At the beginning of Robert Wegman’s presidency, Wegmans Food Markets had been the underdog, fighting for market share against A&P, Loblaws, and Star Markets on its home turf in Never think about Rochester, NY. By the end of the Òyourself; always 1960s, the company had become the clear hometown favorite and help others. had begun a course of expansion –Robert WegmanÓ that continues to this day. Robert Wegman presides over the 2005 celebration of Wegmans top ranking on FORTUNE Magazine’s “100 Best Companies to Work For” list. 1991 1997 2006 2013 2016 Colleen Wegman joins On April 1, After Robert Wegman’s The Grocery Now led by the third and the company. Becomes Robert B. Wegman death, leadership of the Manufacturers fourth generations of Sr. VP of Merchandising celebrates 60 years company is in the hands Association honors the Wegman family, the in 2002, President in of service to the of Danny, Colleen, and Danny Wegman with its company celebrates its 2005, then CEO in 2017. Wegmans organization. Nicole Wegman. highest honor, the Hall of centennial: 100 years of Achievement award. giving you our best. 7 OurOur People People Putting people first The Wegman family has always believed that great customer service can only be achieved if they first meet the needs of their employees. Pay, benefits, and career development opportunities at Wegmans outpace industry averages, and the employee turnover rate at the company is about half the average for the supermarket industry. But pay and benefits don’t tell the whole story. Learn & grow Wegmans offers many tools for building a good career. An employee scholarship program costs the company more than $5 million annually, and has awarded over $110 million in tuition assistance to more than 35,000 employees since it began in 1984. More than half of the men and women who are store or college. Many completed their training annually, with employees Employee excitement at a store opening. managers have worked with education with Wegmans’ help. averaging 65 hours of training and Wegmans since high school Wegmans invests over $50 million in development. 1953 1984 1990 2001 2003 Robert Wegman The Wegmans Wegmans establishes Danny Wegman writes Wegmans introduces raises all salaries and Employee Scholarship an Employee Assistance down the core values the Eat Well, Live Well announces broad Program is created. Program to provide foundational to the philosophy and various program of employee More than $110 million counseling and referral company, referred to as wellness programs for benefits, like health care in tuition assistance services for employees Who We Are. employees. and a retirement plan. has been awarded and their families. since it began. 8 We care about the well-being We respect and listen to and success of every person. our people. High standards are a way of life. We empower our people to We pursue excellence in make decisions that improve everything we do. their work and benefit our customers and our company. We make a difference in every community we serve. I’m so glad I found Òanother family here at Wegmans. –Maria Ortiz-HernandezÓ incredible service since 2010 Free annual health screenings Employees love what they do. for employees. 2005 2008 2010 2015 2016 2017 Recognized as Wegmans introduces Wegmans Management Wegmans ranks #1 for Wegmans is Wegmans #1 on FORTUNE free employee Intern Program for college Corporate Reputation, “America’s Favorite introduces a suite magazine’s list health students celebrates 15 years. among the 100 “most- Supermarket” of financial health of the “100 Best screenings. 200 employees participate visible companies” says a Market resources for all Companies to Work each year, and many continue nationwide in the Force Information employees. For.” Wegmans has in operations, culinary, and Harris Poll Reputation nationwide been on the list merchandising management Quotient® study. consumer study. since 1998. programs. 9 OurOur Communities Communities Helping create healthier, better neighborhoods Wegmans is an industry leader in “good neighbor” involvement and charitable donations with a focus on reducing hunger, healthy eating and activity, helping young people, strengthening neighborhoods and the United Way. Check Out Wegmans stores raise millions of dollars to fight hunger and Hunger and donate millions of pounds of food to local food banks each other programs year. In 1987, Wegmans pioneered an award-winning work- like it raise scholarship approximately $3 million program for each year. youth in Rochester, NY, that helps at-risk students finish high school and develop the work skills they need for success as adults. Known as the Hillside Work-Scholarship Hillside Work-Scholarship Backpack programs provide healthy Connection, the program now Connection helps kids on weekend meals for low-income families. the path to success. has locations in other communities where Wegmans has stores. 1970s 1987 1997 2003 2005 Wegmans begins to Wegmans Work- Wegmans mini "store" Wegmans is named the Robert Wegman donate unsalable foods Scholarship Connection opens in The Strong “Most Family-Friendly donates $5 million to St. (that are still wholesome is formed to assist urban National Museum of Supermarket in America” John Fisher College in and good to eat) to local youth. The program later Play in Rochester. It by Child magazine. Rochester, NY, to open foods banks. becomes Hillside Work- becomes the most the Wegmans School of Scholarship Connection popular exhibit Pharmacy. and expands to more in the museum. communities. 10 Below: Stokoe Farms in Scottsville, NY honors Wegmans 100th Anniversary with a special corn maze. Above: Families love the “mini-Wegmans” at Rochester, NY’s National Museum of Play.
Load more

Recommended publications
  • Whole Foods Market ™ Case Study: Leadership and Employee Retention Kristin L
    Johnson & Wales University ScholarsArchive@JWU MBA Student Scholarship Graduate Studies 5-17-2012 Whole Foods Market ™ Case Study: Leadership and Employee Retention Kristin L. Pearson Johnson & Wales University - Providence, [email protected] Follow this and additional works at: https://scholarsarchive.jwu.edu/mba_student Part of the Business Administration, Management, and Operations Commons, Business and Corporate Communications Commons, Business Law, Public Responsibility, and Ethics Commons, Corporate Finance Commons, Human Resources Management Commons, and the Labor Relations Commons Repository Citation Pearson, Kristin L., "Whole Foods Market ™ Case Study: Leadership and Employee Retention" (2012). MBA Student Scholarship. 8. https://scholarsarchive.jwu.edu/mba_student/8 This Research Paper is brought to you for free and open access by the Graduate Studies at ScholarsArchive@JWU. It has been accepted for inclusion in MBA Student Scholarship by an authorized administrator of ScholarsArchive@JWU. For more information, please contact [email protected]. Running Head: WHOLE FOODS MARKET™: LEADERSHIP AND EMPLOYEE RETENTION Johnson & Wales University Providence, Rhode Island Feinstein Graduate School Presented to Professor Martin W. Sivula Ph.D. Whole Foods Market ™ Case Study: Leadership and Employee Retention A Research Project Submitted in Partial Fulfillment of the Requirements for the MBA Degree Course: RSCH5500 Kristin L. Pearson 05/17/2012 WHOLE FOODS MARKET™: LEADERSHIP AND EMPLOYEE RETENTION TABLE OF CONTENTS Page I. ABSTRACT .................................................................................................2
    [Show full text]
  • South Shore Park Comprehensive Plan for Strategic Place Activation Report Prepared As a Collaboration Between A.W
    South Shore Park Comprehensive Plan For Strategic Place Activation Report prepared as a collaboration between A.W. Perry, Place Strategists and Vanz Consulting. The material produced herein has been compiled at the exclusive request of A.W. Perry as a framework for the activation of their real estate holdings in Hingham & Rockland. Any conclusions presented reflect the research and opinions of A.W. Perry, Place Strategists and Vanz Consulting. These materials do not necessarily reflect the positions of the Towns of Hingham or Rockland. 15 November 2019 SOUTH SHORE PARK | COMPREHENSIVE PLAN FOR STRATEGIC PLACE ACTIVATION 3 COMPREHENSIVE PLAN FOR STRATEGIC PLACE ACTIVATION (CPSPA) FOR THE SOUTH SHORE PARK A Comprehensive Plan for Strategic Place Activation (CPSPA) for the South Shore Park The following report includes Step 1 | Deep Dive + Discovery, Step 2 | The Scientific (SSP), Hingham and Rockland, MA, is developed to meet the market demand and Research Plan, Steps 3 | Programmatic Plan, and Step 4 | Place Activation Guidelines. opportunities, providing the required spatial environments for a more seamless and Steps 1 and 2 focus on analyzing the existing site conditions, and the initial proposed resilient development phasing. conceptual master plan design. These steps aim to provide the analytical framework for Steps 3 and 4 that focus on proposing a programmatic development scheme for A bottom up approach is adopted to ensure the link between a large-scale the overall master plan and two sets of guidelines to be adopted by specialists along comprehensive framework and the human scale. The focus of the CPSPA is to the development process.
    [Show full text]
  • United Natural Foods (UNFI)
    United Natural Foods Annual Report 2019 Form 10-K (NYSE:UNFI) Published: October 1st, 2019 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August 3, 2019 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 001-15723 UNITED NATURAL FOODS, INC. (Exact name of registrant as specified in its charter) Delaware 05-0376157 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 313 Iron Horse Way, Providence, RI 02908 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (401) 528-8634 Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on which Title of each class Trading Symbol registered Common Stock, par value $0.01 per share UNFI New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ¨ No x Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ¨ No x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • FTC V. Whole Foods Market (D.C. Cir.)
    PUBLIC COPY - SEALED MATERIAL DELETED ORAL ARGUMENT NOT YET SCHEDULED No. 07-5276 IN THE UNITED STATES COURT OF APPEALS FOR THE DISTRICT OF COLUMBIA CIRCUIT FEDERAL TRADE COMMISSION, Plaintiff-Appellant, v. WHOLE FOODS MARKET, INC., and WILD OATS MARKETS, INC., Defendants-Appellees. Appeal from the United States District Court for the District of Columbia, Civ. No. 07-cv-Ol021-PLF PROOF BRIEF FOR APPELLANT FEDERAL TRADE COMMISSION JEFFREY SCHMIDT WILLIAM BLUMENTHAL Director General Counsel Bureau of Competition JOHN D. GRAUBERT KENNETH L. GLAZER Principal Deputy General Counsel Deputy Director JOHNF.DALY MICHAEL J. BLOOM Deputy General Counsel for Litigation Director of Litigation MARILYN E. KERST THOMAS J. LANG Attorney THOMAS H. BROCK Federal Trade Commission CATHARINE M. MOSCATELLI 600 Pennsylvania Ave., N.W. MICHAEL A. FRANCHAK Washington, D.C. 20580 JOAN L. HElM Ph. (202) 326-2158 Attorneys Fax (202) 326-2477 CERTIFICATE AS TO PARTIES, RULINGS, AND RELATED CASES Pursuant to Circuit Rule 28(1)(1), Appellant Federal Trade Commission certifies as follows: (A) PARTIES FEDERAL TRADE COMMISSION (Plaintiff) WHOLE FOODS MARKET, INC. (Defendant) WILD OATS MARKETS, INC. (Defendant) APOLLO MANAGEMENT HOLDING LP (Intervenor) DELHAIZE AMERICA. INC. (Interested Party) H.E. BUTT GROCERY COMPANY (Intervenor) KROGER CO. (Intervenor) PUBLIX SUPER MARKETS, INC. (Intervenor) SAFEWAY INC. (Intervenor) SUPERVALU INC (Intervenor) TRADER JOE'S COMPANY (Intervenor) TARGET CORPORATION (Movant) WAL-MART STORES, INC. (Intervenor) WINN-DIXIE STORES INC (Intervenor) WEGMANS FOOD MARKETS, INC. (Movant) AMICI CURIAE AMERICAN ANTITRUST INSTITUTE CONSUMER FEDERATION OF AMERICA ORGANIZATION FOR COMPETITIVE MARKETS (B) RULING UNDER REVIEW Federal Trade Commission v. Whole Foods Market, Inc., 502 F.
    [Show full text]
  • Chilled Prepared Foods
    Chilled Prepared Foods DESCRIPTION NET WEIGHT CATERING UKROPS BY LION FOOD HARRIS TEETER KROGER LIBBY MARKET PUBLIX WEGMANS FOOD LION FOOD HARRIS TEETER KROGER LIBBY MARKET PUBLIX WEGMANS DESCRIPTION NET WEIGHT UKROP'S MARKET HALL NET WT 6 LB AUTHENTIC ITALIAN LASAGNA (2.72KG) ••• NET WT 62.4 OZ BAKED SPAGHETTI (3.9LB/1.79KG) ••• BEEF TOP ROUND LONDON NET WT 5 LB BROIL IN SAUCE (2.27kg) •• BLACKENED GRILLED CHICKEN NET WT 4.25 LB BREAST (1.93kg) •••• BLACKENED GRILLED CHICKEN NET WT 4.25 LB BREAST (DICED) (1.93kg) •• NET WT 48 OZ CHICKEN COBBLER (3lb/1.36kg) ••• NET WT 53.3 OZ CHICKEN PARMIGIANA (3.33lb/1.51kg) •• NET WT 4.25 LB HOMESTYLE MEATLOAF (1.93kg) ••• NET WT 5 LB MEATBALLS IN MARINARA SAUCE (2.27kg) ••• NET WT 4 LB PARMESAN CHICKEN TENDERS (1.81kg) • PULLED PORK TOMATO NET WT 5 LB BARBEQUE (2.27kg) ••• BULK NET WT 4 LB ROASTED PULLED CHICKEN (1.6kg) •• SALISBURY STEAK NET WT 48 OZ WITH ONION GRAVY (3lb/1.36kg) ••• SEASONED GRILLED NET WT 4.25 LB CHICKEN BREAST (1.93kg) •••• SEASONED GRILLED NET WT 4.25 LB CHICKEN BREAST (DICED) (1.93kg) •• SOUTHERN STYLE PULLED PORK NET WT 5 LB VINEGAR BARBEQUE (2.27kg) •••• NET WT 5 LB BANANA PUDDING (2.27kg) •• NET WT 6 LB BROCCOLI AND RICE CASSEROLE (2.72kg) •••• BRUSSELS SPROUTS NET WT 5 LB WITH PANCETTA (2.27kg) •• NET WT 5 LB BUTTER BEANS AND CORN (2.27kg) ••• NET WT 5 LB COLLARD GREENS (2.27kg) ••• 1 UKROP'S MARKET HALL DESCRIPTION NET WEIGHT LION FOOD HARRIS TEETER KROGER LIBBY MARKET PUBLIX WEGMANS NET WT 5 LB CORN PUDDING (2.27KG) •••• DUCHESS POTATO CASSEROLE NET WT 5 LB (2.27KG) ••••
    [Show full text]
  • Where Can I Get My Flu and Pneumonia Vaccines? Flu Shots Are the Best Protection Against Influenza for You and Your Loved Ones
    Where can I get my flu and pneumonia vaccines? Flu shots are the best protection against influenza for you and your loved ones. They are available for free.* Some pharmacies and provider offices may also offer pneumococcal vaccines for free as well. Please check with your local pharmacy for more information. Some national and regional pharmacies are listed below. When you go to get your shot(s), remember to bring your member ID card with you. Pharmacy Website albertsons.com/pharmacy Albertsons Pharmacy (Jewel-Osco) jewelosco.com/pharmacy Costco costco.com/Pharmacy CVS Pharmacies (CVS Pharmacy, Longs Drug) cvs.com/flu Giant Eagle gianteagle.com/pharmacy Hannaford hannaford.com/flu H-E-B heb.com/pharmacy Hy-Vee hy-vee.com/health/pharmacy Kmart Pharmacy pharmacy.kmart.com/ Kroger kroger.com/topic/pharmacy Meijer Pharmacy meijer.com/pharmacy Publix publix.com/pharmacy Rite Aid Pharmacy riteaid.com/flu Safeway Pharmacy (Safeway, Carrs, Pavilions, Randalls, safeway.com/flushots Tom Thumb, Vons) Sam’s Club samsclub.com Stop & Shop stopandshop.com/sns-rx Walgreens Pharmacy (Walgreens, Duane Reade) walgreens.com/flu Walmart Stores Inc. walmart.com/pharmacy Wegmans wegmans.com/pharmacy For more pharmacies offering flu or pneumococcal pneumonia vaccines in your area, call Customer Service at the number on the back of your member ID card. * Even if you don’t have prescription drug coverage with UnitedHealthcare,® you can get your flu vaccine at these participating pharmacies for no additional cost. This information is not a complete description of benefits. Contact the plan for more information. Limitations, copayments, and restrictions may apply.
    [Show full text]
  • Wegmans-Case-Study-061118.Pdf
    Tiffany Smith JUNE 2018 WORK-BASED LEARNING IN ACTION OPPORTUNITY FOR YOUTH MEETS BUSINESS OPPORTUNITY: WEGMANS & HILLSIDE WORK-SCHOLARSHIP CONNECTION Work-Based Learning in Action is a series of case studies highlighting effective models of work-based learning. This case study is part of Walmart’s work with JFF, Making Work-Based Learning Work for Retail, and covers companies that have implemented valuable work-based learning programs that provide lessons for employers creating or redesigning their own retail work-based learning program. Wegmans, a regional supermarket chain, Hillside Family of Agencies, Wegmans is one of the largest private companies has supported the Work-Scholarship in the US, with 47,000 employees. Over a Connection program in its work to quarter of the Wegmans workforce are help young people graduate from high high school- and college-aged students. school and launch their careers. The Wegmans recognizes that the success Hillside Work-Scholarship Connection of these young workers translates into (HW-SC) blends supports for high school company success, and it has translated graduation with work-based learning, this into its training investments. Through in turn creating a talent pipeline for its 30-year engagement as a founding Wegmans. As Meghan Wagner, director leader and now core partner to the of the HW-SC Jobs Institute, describes, 1 the program design builds on the idea PROGRAM ORIGINS that work and career experiences are not always linear, “but there’s a pathway In the mid-1980s, Wegmans, a regional here that we can help young people supermarket chain with over 90 stores understand that every experience ties in the eastern United States, faced a into the next opportunity.” troubling reality: a 100 percent turnover rate among its young part-time workers.
    [Show full text]
  • Demand for Beyond Sausage® Grows As Retailers Nationwide Stock The
    Demand for Beyond Sausage® Grows as Retailers Nationwide Stock The Plant-Based Links in The Meat Case Beyond Sausage becomes the first plant-based sausage to be sold in the meat case at thousands of new stores across the country, including Jewel-Osco, Kroger, Publix, Ralphs, Sprouts, Vons, Wegmans and Shop-Rite El Segundo, CALIF. (March 14, 2019) – With backyard barbeque season just around the corner, Beyond Meat® is revving up the distribution of its meaty, plant-based sausage. Beyond Sausage is the world's first plant-based sausage that looks, sizzles, and satisfies like pork, but comes with the benefits of plant-based meat. With more protein than pork sausage but 38 percent less saturated fat and no nitrates, gluten, soy or GMOs, Beyond Sausage is the missing link that delivers the satisfying taste and texture of pork sausage, while being better for human health and the environment. Fans looking to try The Future of Protein® can find Beyond Sausage at over 4,000 grocery stores, restaurants and sports stadiums nationwide. “The consumer reaction to Beyond Sausage has been very positive, with many retailers struggling to keep up with demand. In response, we’ve been increasing production and distribution of Beyond Sausage, which now sees availability at a number of major retailers, making it easier than ever for shoppers to find Beyond Sausage in their local meat case,” said Chuck Muth, Chief Growth Officer, Beyond Meat. Named one of TIME’s Best Inventions of 2018, Beyond Sausage is also available in a growing number of restaurants and food service outlets including DogHaus, Bareburger, Yankee Stadium, Schaller’s Stube, Rip’s Malt Shop, Wurstküche, Rosamunde Sausage Grill, Next Level Burger, The Moonlighter, State Street Brats and Lord of the Fries.
    [Show full text]
  • Market Structure Analysis of Florida Metropolitan and Micropolitan
    Retail Grocery Market Structure Analysis of Virginia Metropolitan and Micropolitan Areas Prepared for Virginia Community Capital (VCC) by The Reinvestment Fund (TRF) as part of the ReFresh initiative, supported by JPMorgan Chase | February 2015 Retail Grocery Market Structure Analysis of Virginia Metropolitan and Micropolitan Areas Prepared for Virginia Community Capital (VCC) by The Reinvestment Fund (TRF) as part of the ReFresh initiative, supported by JPMorgan Chase | February 2015 TRF’s Market Structure Analysis measures the concentration of market share within a region’s retail grocery industry. In general, as the concentration of market share within the top few grocers increases, the region’s overall level of competition within the industry decreases as it evolves into a tighter oligopoly.1 An oligopoly is a market condition in which the supply of a good or service is largely controlled by a small number of entities, each of which is in a position to influence prices, thus directly affecting its competitors’ ability to sustain profitability. After decades of mergers, acquisitions, and emphasis on economies of scale, the retail grocery industry has naturally evolved into an oligopoly, ranging in intensity from tight (fewer majority owners) to loose (more majority owners), based on the number of owning entities controlling the majority market share.2 TRF’s experience with the Pennsylvania Fresh Food Financing Initiative suggests that a tight oligopoly in at least one Pennsylvania metro area made market penetration especially difficult for local and regional grocers that were not members of the oligopoly. Conversely, loose oligopolies with less concentrated market share exhibited fewer barriers to entry for prospective grocers.
    [Show full text]
  • Ahold USA: Strong Positions and Strong Positions and Focused On
    Ahold USA: Strong positions and focused on execution Carl Schlicker COO Ahold USA November 29, 2012 Proprietary and Company Confidential Key takeaways Our businesses: • Ahold USA’s divisions collectively are the largest player in the diverse markets of the U.S. Northeast • The divisional structure allows us to act locally while leveraging our scale Our pppposition in the competitive landscape: • Each of our divisions has targeted activities to ensure that they are well-positioned to hold and grow their leading positions • Our divisions continue to gain market share in a diverse competitive landscape Our business model to grow: • We are executing on the Reshaping Retail framework to drive growth Our performance: • Ahold USA continues delivering a healthy and consistent bottom line Proprietary and Company Confidential 2 Our businesses: • Ahold USA’s divisions collectively are the largest player in the diverse markets of the U.S. Northeast • The divisional structure allows us to act locally while leveraging our scale Proprietary and Company Confidential 3 The #5 supermarket retailer in the US and #1 in the Northeast 1 support organization 4 divisions 98 years of local heritage 772 stores 119,000 emppyloyees $25 billion+ in sales Market leader in 3 of our 4 divisions Source: Progressive Grocer Super 50 - 2012 Ranking Proprietary and Company Confidential 4 772 stores serving a trading area of 38 million people: #1 itfktin most of our markets Market # stores 2011 position sales #1 217 $7.5B #3 183 $5.7B #1 173 $5.3B #1 183 $6. 1B #1 n/a $0.4B Proprietary and Company Confidential 5 Operating in markets with differing demographics… Ethnicity Income distribution Ethnicity Income distribution 4% 9% 6% 11% 4% 7% 7% 23% 13% 5% 9% 27% 38% 40% 9% 23% 54% 59% 81% 86% 69% 48% 49% 58% 19% 18% 14% 11% New York New England Giant Landover Giant Carlisle New York New England Giant Landover Giant Carlisle Metro Metro white black hispanic other low (<$25K) medium ($25K to $99K) high(>$100K) Source: Population Division – U.S.
    [Show full text]
  • Optumrx Pharmacy Network
    OptumRx pharmacy network The OptumRx® pharmacy network includes many national chain pharmacies as listed below. Many independent pharmacies are also included in the network. Visit optumrx.com/myCatamaranRx for a comprehensive listing of network pharmacies or call member services with the phone number located on your pharmacy ID card. OptumRx pharmacy network A F L S A and P Fagen Long's Safeway Accredo Health Farm Fresh Sam's Club Acme Food City M Save Mart Aurora Food Lion Marcs Savon Fred Meyer Marsh Drugs Schnucks B Fred's Martin's Pharmacy Shaws Bartell Drugs Fruth Medicap Pharmacy Shop 'n Save Bel Air Fry's Food and Drug Medicine Shoppe Shopko Bi Lo Meijer Shoprite Big Y Foods G Smith's Pharmacy Bi-Mart Giant Eagle N Navarro Discount Sterling Drug Brookshire Brothers Giant Pharmacy Stop & Shop Brookshire Genoa Healthcare O Super 1 C H Omnicare Super Fresh Osco Carrs Haggen Foods T City Market Hannaford Food and Drug P Target Coborns Harps Pathmark Thrifty White Drug Costco Harris Teeter Pick 'n Save Tom Thumb Cub Hartig Price Chopper Tops CVS Heb Grocery Publix Homeland Pharmacy U D HyVee Q United Pharmacy Dierbergs QFC Pharmacy USA Drug Dillon's I QOL Meds Discount Drug Mart Ingles V Doc's Drugs R Von's Drug Warehouse K Raley's Duane Reade Kerr Ralph's W King Soopers Randalls Waldbaums E Kinney Reasor's Walgreens Eaton Apothecary King Kullen Rite Aid Wal-Mart Kmart Ritzman Wegmans Kroger Weis Winn Dixie optumrx.com/myCatamaranRx OptumRx specializes in the delivery, clinical management and affordability of prescription medications and consumer health products.
    [Show full text]
  • SHOPPING for WHOLENESS: the POLITICAL ECONOMY of WHOLE FOODS MARKET and the COMMODIFICATION of ALTRUISM By
    SHOPPING FOR WHOLENESS: THE POLITICAL ECONOMY OF WHOLE FOODS MARKET AND THE COMMODIFICATION OF ALTRUISM by Allison Lakomski A Dissertation Submitted to the Graduate Faculty of George Mason University in Partial Fulfillment of The Requirements for the Degree of Doctor of Philosophy Cultural Studies Committee: Director Program Director Dean, College of Humanities and Social Sciences Date: Fall Semester 2015 George Mason University Fairfax, VA Shopping for Wholeness: The Political Economy of Whole Foods Market and the Commodification of Altruism A Dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy at George Mason University by Allison Lakomski Master of Arts Simmons College, 2008 Director: Paul Smith, Professor Department of Cultural Studies Fall Semester 2015 George Mason University Fairfax, VA This work is licensed under a creative commons attribution-noderivs 3.0 unported license. ii DEDICATION This dissertation is dedicated to my mom, who taught me how to comparison-shop, and my dad, who taught me the aesthetic principles of grocery retailing. iii ACKNOWLEDGEMENTS I would like to thank the many people who have encountered on this journey and who have helped me along the way, especially my colleagues in the Cultural Studies program, coworkers at Penzeys Spices and Vida Fitness, and the staff at Whole Foods Market P St. Thanks to my closest friends and family for the emotional support and endless kindness. A million thanks to Peter Regan for everything but listening to me. A special thank you to Dan and Heather Anderson, Lisa Daily, and Ariella Horwita for inspiration, motivation, and personal and professional guidance.
    [Show full text]