Wakefern Continues Strong Run; Record Retail Sales Hit $16.3B

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Sheridan recapped the company’s accomplishments over the last year, including its expansion of ShopRite’s popular Wholesome Pantry line of products made with simple, clean ingredients, and the introduction this year of its newest own brand, ShopRite Trading Company.

“Wakefern Food Corp. and our supermarket banners continue to innovate and elevate the customer experience with great new brands, our store dietitians, digital platforms, and a real focus on fresh,” noted Sheridan.

“We are committed to providing great community stores and delivering exceptional experiences with each of our four brands. It’s a time of great change for the supermarket industry, and I am excited for what we will achieve over the course of the next year and for generations to come,” added Chris Lane.

Wakefern shareholders re-elected to the board of directors at the meeting include: Joseph Colalillo, chairman and CEO; Larri Wolfson, Irv Glass and Dominick J. Romano, vice chairmen; Lawrence Inserra Jr., treasurer; Jeff Brown, assistant treasurer; Richard Saker, secretary; and Ned Gladstein and Nicholas Sumas, assistant secretaries. Sheridan was also re-elected as president and COO, and Chris Lane was elected as executive VP.

Going forward over the next seven months, new ShopRite/PriceRite stores are slated to open in: Paterson, NJ (a PriceRite to open on 11/18/17); North Greenbush, NY (a ShopRite to open on 12/10/17; Amherst, NY (a PriceRite to open in February 2018); Philadelphia, PA (a ShopRite at Bridge & Harbison Streets to open in March 2018); Lake Ronkonkoma, NY (a ShopRite to open in May 2018); and Wyckoff, NJ (a ShopRite to open in May 2018).