Golub Corp. Unveils Market 32 Banner For Its Stores
The Golub Corp. parent of Price Chopper stores, last week unveiled a new banner for its stores – Market 32 – and promised the new brand would change food shopping for its customers by modernizing its stores and offering new services and products. Market 32 stores will begin rolling out across the chain’s six-state footprint this spring.
“Market 32 represents the next leap forward for our company. We have evolved from the Public Service Market to Central Market to Price Chopper by responding to customers’ changing needs over time and Market 32 is the next natural progression for us,” said Neil Golub, Price Chopper’s executive chairman of the board. “Early learnings gleaned from our Market Bistro concept store have put our next generation in an excellent position to make this move today.”
Initially, three Price Chopper stores are being converted into Market 32 stores: Shopper’s World in Clifton Park, N.Y.; Wilton, N.Y.; and Pittsfield, Mass. The first “ground up” Market 32 will be built in Sutton, Mass., beginning on Nov. 12. A second wave of conversions will begin over the next 18 months and encompass another 10 to 15 stores. More than half of the 135-store chain will be converted within five years. In total, the investment in this phase of the evolution will be more than $300 million.
The new stores will have expanded food service options, an enhanced product mix and a re-emphasis on customer service. Key elements of the savings platform currently in Price Chopper stores will be incorporated into Market 32, such as Price Chopper brand products, AdvantEdge card savings, weekly features and special promotions, the Fuel AdvantEdge program, double coupons and e-coupons.
Wakefern Announces Record $14.7 Billion In Retail Sales
Wakefern Food Corp. has reported a record sales level of $14.7 billion in retail sales for the fiscal year ending Sept. 27, a 4 percent increase from the same period last year. The cooperative opened six new ShopRite stores, five new Price Rite stores and six The Fresh Grocer stores during the same period. In addition, the company expanded its ShopRite From Home services to include 214 stores.
At the annual shareholders meeting, it was announced that four members have retired from the company’s Board of Directors: Rocco Cingari of Grade A Market, Inc.; Bernard Kenny of Delaware Supermarkets, Inc.; Joel Perlmutter of Perlmart, Inc.; and James Sumas of Village Super Market, Inc. Four new members are added to the Board of Directors: Jordan Coe of Waverly Markets, LLC; Harry Garafalo of Milford Markets, LLC; Nicholas Sumas of Village Super Market, Inc.; and David Zallie of Somerset Stores, LLC.
Chobani To Open Food Incubator To Aid New Firms
Chobani of New York announced last week a plan to open the Chobani Food Incubator, a first-of-its-kind program to invest in and cultivate emerging food entrepreneurs.
The program will give food entrepreneurs the resources, workspace and support to launch their companies. The Chobani Incubator will be based in New York City and will include a commercial kitchen and office space. The six-month program is intended to provide collaboration with the Chobani leadership team, classes, and training programs. Chobani also expects to provide direct access to top chefs and food leaders in the industry, facilitating contacts with its extensive network. "Today we're opening our doors to entrepreneurs who share our vision for better food for tomorrow--food that's natural and affordable," said Hamdi Ulukaya, founder and chief executive officer for Chobani. "Making a product the right way is not always easy, but we've proven that the model works. I'm excited to work with entrepreneurs who share our goal and who can benefit from our experience,” he said.
The incubator program will culminate in a demonstration day where each company will have the opportunity to present to the leading food distributors and retailers. Chobani will open the call for pitches from interested entrepreneurs in December and will select up to 10 companies to join the first round.
|Return to Home|
Latest Word in Supermarket News...
• The Vermont Retail & Grocers Assn. (VRTA) is mourning the loss of Marcel Marquis, a member of the organization’s board of directors. Mr. Marquis passed away Nov. 11. He was recognized by the VRTA as Co-Person of the Year.
• The New England Produce Council announced the date and location for its 2015 convention: Sept 16-17 at the Chatham Bars Inn in Chatham, Mass.
• JOH has ben named 2014 Broker of The Year for the Northeast Region by Mariani Packing Co, Premium Dried Fruits & Snacks.
• The Maine Grocers & Food Producers Assn. will host a Maine Made 2014 Show Saturday, Nov. 22, at the Samoset Resort, Rockport, Maine.
• Market Basket has opened another new store in Littleton, Mass.
|Return to Home|