Subsidiary | |
Industry | Retail (Grocery) |
Founded | 1872 |
Headquarters | Milwaukee, Wisconsin |
Number of locations
|
156 |
Key people
|
Robert A. Mariano, President & CEO Michael P. Turzenski, EVP & CFO |
Products | Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks |
Revenue | USD 3.8 billion (2011) |
Owner | The Kroger Company |
Number of employees
|
20,000 |
Website | roundys.com |
Roundy's Supermarkets (Roundy's) is a supermarket chain with 166 stores and 99 pharmacies in Wisconsin and Illinois. Based on fiscal year 2012 sales, Roundy's was the 37th largest grocery store chain and the 89th largest retailer in the United States. Roundy's is a subsidiary of Kroger.
Roundy's operates under the names 'Pick 'n Save' throughout Wisconsin (1975), 'Copps Food Center' in northern Wisconsin and the Madison area (2001), 'Metro Market' in the Milwaukee and Madison area, and 'Mariano's Fresh Market' in the Chicago metropolitan area (2010).
Roundy's operates two main distribution centers located in Mazomanie and Oconomowoc, Wisconsin.
The company began trading on the New York Stock Exchange on February 8, 2012, and ceased trading on December 18, 2015, when it became a subsidiary of the Kroger Company.
The company was founded in 1872 in Milwaukee as Smith, Roundy & Co. by William E. Smith, Judson Roundy and Sidney Hauxhurst. Over the years it has also operated as the Roundy, Peckham & Co. and Roundy, Peckham & Dexter Co.
Roundy's was a major warehouse distributor to non-company supermarkets, including IGA, but it moved out of the wholesale market to focus on retail.
The Pick 'n Save chain, which was the backbone and propellant for growth and sale of the company in 2002, was the prodigy of two Kroger educated marketers. Vincent R. Little and Michael D. McGee, the fathers of Pick 'n Save, came up through the ranks at the Kroger Company.
Roundy's saw rapid growth during the John Dickson years. Dickson became sick and handed the reins to Gerald F. Lestina. On Lestina's watch the company built only one corporate store, at the fairgrounds in Oshkosh, Wisconsin over a period of 7 years. That store was then sold years later to a director, George Prescott, for approximately $1.1 million, although the board of directors had been told the price was $5 million.