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Price Rite
Price Rite is a chain of supermarkets found in Connecticut, Maryland, Massachusetts, New Hampshire, New Jersey, New York (state), New York, Pennsylvania, and Rhode Island. Based in Keasbey, New Jersey, Price Rite is owned by New Jersey-based Wakefern Food Corporation, the retailers' cooperative, cooperative behind ShopRite (United States), ShopRite Supermarkets, Wakefern Food Corporation, Dearborn Market, and The Fresh Grocer. Prior to 2014, Wakefern owned and operated all Price Rite stores. , there are 63 Price Rite stores currently operating; Wakefern itself corporately-owns and operates 60 stores outside of New Jersey, while the 3 stores in New Jersey are owned and operated by individual Wakefern members. Overview Similar to other limited-assortment chains, including Aldi and Save-A-Lot, Price Rite offers drastically fewer stock-keeping units (SKUs) than its sibling ShopRite stores, which are conventional supermarkets. Price Rite stores operate on the same principles as their ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retailers' Cooperative
A retailers' cooperative is a type of cooperative which employs economies of scale on behalf of its retailer members. Retailers' cooperatives use their purchasing power to acquire discounts from manufacturers and often share marketing expenses. A retailers' cooperative is essentially a group of independently owned businesses that pool their resources to purchase in bulk, usually by establishing a central buying organization, and engage in joint promotion efforts. It is common for locally owned grocery stores, hardware stores, and pharmacies to participate in retailers' cooperatives. A consumers' cooperative, sometimes referred to as a retail cooperative, should be distinguished from a retailers' cooperative. Governance and operation Retailers' cooperatives are governed by democratic member control, which generally means one vote per member. Some firms, such as E. Leclerc, are able to make decisions in this fashion, with each member business only receiving one vote. For many retail ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wakefern Food Corporation
Wakefern Food Corporation is an American company that was founded in 1946 and is based in Keasbey, New Jersey. It is the largest retailers' cooperative group of supermarkets and the fourth-largest cooperative of any kind in the United States. Wakefern was the largest private employer in New Jersey in 2018, with 40,200 employees. As of 2021, Wakefern has fifty member companies who own and operate 362 supermarkets, under the brands of ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage, and Fairway Market in New Jersey, New York, Connecticut, Pennsylvania, Maryland, Delaware, Massachusetts, New Hampshire, Rhode Island, and Virginia. As of September 2022, Wakefern owned 365 supermarkets.https://www.supermarketnews.com/retail-financial/wakefern-sees-sales-rebound-fiscal-2022. Retrieved October 28, 2022 History Meaning of the Wakefern name The name "Wakefern" is a portmanteau of the founders' names: W for Louis Weiss, A for Sam and Al Aidekman, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warehouse Clubs
A warehouse club (or wholesale club) is a retail store, usually selling a wide variety of merchandise, in which customers may buy large, wholesale quantities of the store's products, which makes these clubs attractive to both bargain hunters and small business owners. The clubs are able to keep prices low due to the no-frills format of the stores. In addition, customers may be required to pay annual membership fees in order to shop. Membership in a warehouse club superficially resembles that in a consumers' cooperative, but lacks key elements including cooperative ownership and democratic member control. The use of members' prices without cooperative ownership is also sometimes used in bars and casinos. History In 1971, the Great Atlantic and Pacific Tea Company (A&P) opened their very first Warehouse Economy Outlet (WEO), a warehouse format that only lasted a few years. In 1976, Sol Price (who in 1954 founded FedMart, an early US discount store) and his son Robert Pric ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Wholesale Liquidators
National Wholesale Liquidators is a Brooklyn, New York-based company that operates warehouse-style closeout discount stores. It offers a mix of brand-name items, everyday household items, and furniture. National Wholesale Liquidators carries over 120,000 items. The company also offers appliances, automotive products, bath towels, bedding, carpets and floor covers, detergents and cleaning products, electrical hardware, electronics, food products, furniture outdoor, giftware, health and beauty aids, holiday decorative, and household storage products. In addition, it offers indoor furniture, jewelry, kitchen towels-linens, luggage, men's apparel and fragrances, paint and sundries, paper goods and supplies, personal umbrellas, pet supplies, sporting goods, vacuums and accessories, video games, and women's fragrances. At its peak, the company operated more than 50 stores in Connecticut, Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Vi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amazon
Amazon most often refers to: * Amazons, a tribe of female warriors in Greek mythology * Amazon rainforest, a rainforest covering most of the Amazon basin * Amazon River, in South America * Amazon (company), an American multinational technology company Amazon or Amazone may also refer to: Places South America * Amazon Basin (sedimentary basin), a sedimentary basin at the middle and lower course of the river * Amazon basin, the part of South America drained by the river and its tributaries * Amazon Reef, at the mouth of the Amazon basin Elsewhere * 1042 Amazone, an asteroid * Amazon Creek, a stream in Oregon, US People * Amazon Eve (born 1979), American model, fitness trainer, and actress * Lesa Lewis (born 1967), American professional bodybuilder nicknamed "Amazon" Art and entertainment Fictional characters * Amazon (Amalgam Comics) * Amazon, an alias of the Marvel supervillain Man-Killer * Amazons (DC Comics), a group of superhuman characters * The Amazon, a ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mom-and-pop
Small businesses are types of corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy varies depending on the country and industry. Small businesses range from fifteen employees under the Australian ''Fair Work Act 2009'', fifty employees according to the definition used by the European Union, and fewer than five hundred employees to qualify for many U.S. Small Business Administration programs. While small businesses can also be classified according to other methods, such as annual revenues, shipments, sales, assets, or by annual gross or net revenue or net profits, the number of employees is one of the most widely used measures. Small businesses in many countries include service or retail operations such as convenience stores, small grocery stores, bakeries ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dollar Stores
A variety store (also five and dime (historic), pound shop, or dollar store) is a retail store that sells general merchandise, such as apparel, automotive parts, dry goods, toys, hardware, home furnishings, and a selection of groceries. It usually sells them at discounted prices, sometimes at one or several fixed price points, such as one dollar, or historically, five and ten cents. Variety stores do not include larger formats: general merchandise superstores (hypermarkets) such as Target and Walmart. Warehouse clubs like Costco, grocery stores, and department stores are also not considered variety stores. Economics Pricing and margins Some items are offered at a considerable discount over other retailers, whereas others are at the same price point. There are two ways variety stores make a profit: * Buying and selling vast amounts of goods at heavily discounted prices provides a small profit margin multiplied by the volume of sales. * Pricing many items at prices that are hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wakefern
Wakefern Food Corporation is an American company that was founded in 1946 and is based in Keasbey, New Jersey. It is the largest retailers' cooperative group of supermarkets and the fourth-largest cooperative of any kind in the United States. Wakefern was the largest private employer in New Jersey in 2018, with 40,200 employees. As of 2021, Wakefern has fifty member companies who own and operate 362 supermarkets, under the brands of ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage, and Fairway Market in New Jersey, New York, Connecticut, Pennsylvania, Maryland, Delaware, Massachusetts, New Hampshire, Rhode Island, and Virginia. As of September 2022, Wakefern owned 365 supermarkets.https://www.supermarketnews.com/retail-financial/wakefern-sees-sales-rebound-fiscal-2022. Retrieved October 28, 2022 History Meaning of the Wakefern name The name "Wakefern" is a portmanteau of the founders' names: W for Louis Weiss, A for Sam and Al Aidekma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock-keeping Unit
In inventory management, a stock keeping unit (abbreviated as SKU and pronounced or ) is the unit of measure in which the stocks of a material are managed. Or to put it another way; is a distinct type of item for sale, purchased, or tracked in inventory, such as a product or service, and all attributes associated with the item type that distinguish it from other item types. (For a product, these attributes can include manufacturer, description, material, size, color, packaging, and warranty terms.) When a business records the inventory of its stock, it counts the quantity it has of each unit, or SKU. SKU can also refer to a unique identifier or code, sometimes represented via a barcode for scanning and tracking, that refers to the particular stock keeping unit. These identifiers are not regulated or standardized. When a company receives items from a vendor, it has a choice of maintaining the vendor's SKU or creating its own. This makes them distinct from Global Trade Item Number ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Save-A-Lot
Save A Lot Food Stores Ltd. is an American discount supermarket chain store headquartered in St. Ann, Missouri, in Greater St. Louis. It is a subsidiary of Onex Corporation with about 900 independently owned and operated stores across 32 states in the United States with over $4 billion in annual sales. Stores carry most grocery products, with an assortment of fresh, canned and frozen produce, meat, meal products, household items and everyday groceries. Save A Lot grocery stores sell national brands and private label brands at a discounted price. A typical Save A Lot grocery store is with items displayed in their cardboard shipping boxes. History Save A Lot was founded in 1977 by Bill Moran as an alternative to larger supermarkets. He opened the first Save A Lot store in Cahokia, Illinois, and remained with the company until his retirement in 2006. In 1978, General Grocer Company expanded the company's presence in the greater St. Louis area. Eventually, the store network gr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aldi
Aldi (stylised as ALDI) is the common company brand name of two German multinational family-owned discount supermarket chains operating over 10,000 stores in 20 countries. The chain was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother's store in Essen. The business was split into two separate groups in 1960, that later became Aldi Nord, headquartered in Essen, and Aldi Süd, headquartered in Mülheim. In 1962, they introduced the name Aldi (a syllabic abbreviation for Albrecht Diskont), which is pronounced . In Germany, Aldi Nord and Aldi Süd have been financially and legally separate since 1966, although both divisions' names may appear as if they were a single enterprise with certain store brands or when negotiating with contractor companies. The formal business name of Aldi Nord is Aldi Einkauf GmbH & Co., while the formal business name of Aldi Süd is ALDI SÜD Dienstleistungs-SE & Co. Each company is owned and operated independently, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Fresh Grocer
The Fresh Grocer is a supermarket chain based in Drexel Hill, Pennsylvania that operates thirteen stores in the Greater Philadelphia region of Pennsylvania. Founded in 1996 in Philadelphia, Pennsylvania, as an independent company, the company became a member of the Wakefern Food Corporation, a retailers' cooperative, in 2013. History The Fresh Grocer opened in 1996 in Philadelphia, Pennsylvania. The Fresh Grocer has locations on Walnut Street (Philadelphia), Walnut Street and Broad Street (Philadelphia), Broad Street in North Philadelphia. On August 1, 2013, The Fresh Grocer became a member of Wakefern. One of the stores was converted to the ShopRite name while the others retained the Fresh Grocer name. The Fresh Grocer Location in Wilmington, DE was closed on December 9, 2019. Expansion Wakefern members Patrick Burns and Jeff Brown will open four new Fresh Grocer stores in March 2016, all in former Pathmark stores that were purchased at auction. The stores will be opened in W ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
