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Wakefern Food Corp. Announces $16.6 Billion in Sales
Wakefern Food Corp. Chairman and CEO Joseph S. Colalillo, President and COO Joe Sheridan, and Executive Vice President Chris Lane addressed Wakefern shareholders, store management and staff at the company's annual shareholder meeting on October 24 in East Brunswick, New Jersey.The company reported retail sales of $16.6 billion for the 52-week fiscal year ending September 28, 2019, a 0.7% increase from the prior year. The largest retailer-owned cooperative in the United States, Wakefern opened five new ShopRite® stores and also welcomed a new banner, Manhattan-based Gourmet Garage, during the same period.“It’s a time of great change and challenge in our industry, but we’re excited for the journey ahead. With every new program we roll out, we are committed to providing...
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