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Home > Company Index > Retail > Grocery Retailing > Genuardi's Family Markets, Inc.

Genuardi's Family Markets, Inc.
 PROFILE
Gaspare Genuardi put the horse before the cart in 1920, selling produce from a horse-drawn wagon. He founded Genuardi's Family Markets, which runs about 40 Genuardi's stores in southeastern Pennsylvania and northern Delaware and three Zagara's upscale markets in New Jersey. The company's 1997 purchase of Zagara's (a specialty store and bakery) is indicative of its move to serve higher-income markets; some stores sport sushi bars, lobsters steamed to order, and a cafe. Genuardi's Family Markets had been family-owned and operated for three generations. However, the company was acquired by supermarket chain Safeway in February 2001.

 COMPETITION
The Great Atlantic & Pacific Tea Company, Inc. (GAP)
Albertson's, Inc. (ABS)
Pathmark Stores, Inc. (PTMK)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,000.00
1-Yr. Sales Growth: 25.0%
Employees: 7,500
Revenue per employee: $133,333.33

 KEY PEOPLE
• Hank Mullany
    CEO
• Ray Fuentes
    CFO

 CONTACT INFO
301 E. Germantown Pike
Norristown, PA 19401
US
Phone: 610-277-6000
Fax: 610-277-7783
Online: Web Site

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