- EXCITING NEWS! Wakefern and Food Bazaar Sign Wholesale Agreement
I am pleased to announce Food Bazaar has entered into a wholesale agreement with the Wakefern Food Corporation, which supplies over 290 supermarkets under the Shop-Rite and PriceRite banners, the largest retailer-owned cooperative in the nation.
Wakefern’s line of specialty imported products, featuring exclusive brands from around the world, will undoubtedly help us to differentiate us in the markets that we serve and further our ability to offer our diverse clientele an even larger variety of International products. As you know, the ability to offer our customers such variety is something we take immense pride in and I know this partnership will provide our stores the ability to do so on an even larger basis in the future. This opportunity to offer such variety will help grow our business, grow our sales and move our company forward in the marketplace allowing our employees to grow as well.
Shortly you will begin to see new products coming into our stores, some with the Shop-Rite logo. When asked by customers, this does not mean we are now part of that company, but simply partnering with their wholesaler to offer an even larger variety of International Products at the competitive prices that they have come to expect from their Food Bazaar Stores. I know they will share in our excitement as well!
Please join me in celebrating this exciting change and the next chapter in our company’s rich International History as we both grow together!
Executive Vice President
FOOD BAZAAR SUPERMARKETS
About Wakefern Food Corp.
From a small, struggling cooperative with eight members – all owners of their own grocery stores – Wakefern Food Corp. has grown into the largest retailer-owned cooperative in the United States. Founded in 1946, the cooperative is comprised of 47 members who today individually own and operate more than 240 supermarkets under the ShopRite banner in New Jersey, New York, Connecticut, Pennsylvania, Maryland and Delaware. In 1996, Wakefern introduced PriceRite stores, extending the company’s reach into Rhode Island and Massachusetts. Today, there are 47 PriceRite stores in five 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. In 2011, Supermarket News gave Wakefern its Retail Excellence Award and The Griffin Report named Wakefern its Retailer of the Year. For more information, please visit www.Wakefern.com.