ShopRite (United States)
The current logo (2002–present)
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| Industry | |
|---|---|
| Founded | Newark, New Jersey (1946) |
| Headquarters | Keasbey, New Jersey, United States |
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Number of locations
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337 |
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Area served
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Northeastern United States |
| Members | 48 |
| Parent | Wakefern Food Corporation |
| Website | shoprite |
ShopRite Supermarkets (formerly Shop-Rite and Shop Rite) is a retailers' cooperative (co-op) chain of supermarkets in the northeastern United States, with stores in New Jersey, New York, Connecticut, Delaware, Maryland, and Pennsylvania. Based in Keasbey, New Jersey, ShopRite consists of 48 individually owned-and-operated affiliates with over 296 stores, all under its corporate and distribution arm, Wakefern Food Corporation. Wakefern itself owns and operates 33 of the locations through subsidiary ShopRite Supermarkets, and is the largest affiliate in the cooperative. Several Wakefern members own and operate single ShopRite stores, while most own multiple locations. The average Wakefern member operates 6 stores.
ShopRite has been the largest retailer of food in New Jersey for close to 20 years. They are also number one in the New York City Metropolitan Area as well. Since 2011, ShopRite is the largest retailer of food in Greater Philadelphia, pushing long-dominant Acme Markets to second place. As of 2011[update], Wakefern was ranked 17th by sales among all supermarket operators in the United States.
ShopRite originated in 1946, when a Del Monte Foods sales representative talked to independent grocers in Newark, New Jersey. The grocers were having problems getting reasonable prices for wholesale goods. The Del Monte representative suggested the grocers try cooperative buying. Seven of the grocers agreed; paying $1,000 each to launch Wakefern Foods, which was incorporated on December 5, 1946. In 1951, the name ShopRite was created.
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