Wegmans Food Markets, Inc. · Rochester, NY United States
Company Description
View Wegmans Food Markets, Inc. Locations On A US Map
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This link will open in a new window One name strikes fear in the hearts of supermarket owners in New York, New Jersey, Pennsylvania, and now, Maryland and Virginia: Wegmans Food Markets. The regional grocery chain owns more than 70 stores, but they are hardly typical. Much larger than most supermarkets (up to 160,000 sq. ft.), they offer specialty shops such as huge in-store cafes, cheese shops with some 300 different varieties, sub shops, and French-style pastry shops. The company is known for its gourmet cooking classes and an extensive employee-training program. Founded in 1916, today Wegmans is one of the largest private companies in the US. The grocery chain is owned and run by the family of founder John Wegman. To read the full description, subscribe now.
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Key Wegmans Food Markets, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $4,800.0 |
| 2008 Employees | 37,000 |
Wegmans Food Markets, Inc. Executives
21 executives listed for Wegmans Food Markets, Inc.'s Rochester, NY location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Daniel Wegman | Network |
| President | Colleen Wegman | Network |
| EVP Operations | Jack DePeters | Network |
Competition
Competitive Landscape for Wegmans Food Markets, Inc.
Population growth and consumer tastes drive demand. Because margins are low, the profitability of individual companies depends on high volume sales and efficient operations. Large companies can offer a wide selection of products and have advantages in purchasing, distribution, marketing, and finance. Small companies can compete effectively by offering specialty products, serving a local market, or providing superior customer service. Discount stores and warehouse clubs have aggressively pursued the retail grocery market, and Wal-Mart is the largest seller of groceries in the US. Other competition includes specialty food stores, convenience stores, drugstores, dollar stores, and, to some degree, restaurants. To read the full description, subscribe now.Top Wegmans Food Markets, Inc. Competitors
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