Gristede's Foods, Inc. · New York, NY United States
Company Description
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This link will open in a new window New York City never sleeps, but eating is another matter. Gristede's Foods feeds hungry New Yorkers through more than 30 area supermarkets (most are located in Manhattan), including new Gristede's Mega Stores. The stores offer fresh meats, produce, dairy products, baked goods, frozen foods, gourmet foods, and nonfood items. About half a dozen Gristede's supermarkets have in-store pharmacies. It offers online shopping through XpressGrocer.com. The firm owns City Produce Operating, which supplies the supermarkets with groceries and produce and sells wholesale fresh produce to third parties. Chairman and CEO John Catsimatidis and Gristede's other major shareholders took the grocery chain private in November 2004. To read the full description, subscribe now.
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Key Gristede's Foods, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | November |
| Employees | 2,180 |
Gristede's Foods, Inc. Executives
5 executives listed for Gristede's Foods, Inc.'s New York, NY location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | John Catsimatidis | Network |
| VP Operations | Gallo Balseca | Network |
| CIO | Don Winant | Network |
Competition
Competitive Landscape for Gristede's Foods, Inc.
Demand is driven largely by demographic shifts, particularly trends in population and age, working women, race and ethnicity, household size, and levels of disposable income. The profitability of individual companies depends on a good product mix and efficient operations. Large distributors are advantaged by bulk purchasing and economies of scale in distribution. Smaller companies can compete effectively by specializing in organic, natural, or kosher products or focusing on a geographical area. Average annual revenue per worker for a typical company is $675,000. To read the full description, subscribe now.Top Gristede's Foods, Inc. Competitors
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