Wakefern sees sales rebound in fiscal 2022
ShopRite parent eyes more growth for retail banners, own brands, e-commerce
Source: supermarketnews.com
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Wakefern sees record sales, up to $18.6 billion
Wakefern Food Corp. reported record retail sales of $18.6 billion for the 52-week fiscal year ending Oct. 1, 2022, a 4.69 percent increase from the prior year. The retailer-owned cooperative opened three new ShopRite stores, a Gourmet Garage and welcomed a new member, family-owned Gerrity’s Supermarkets in Pennsylvania, which now operates 10 Fresh Grocer supermarkets in northeastern Pennsylvania. Price Rite Marketplace reported retail sales of $850 million, up 6 percent from the previous year.
Source: theproducenews.com