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Home > Company Index > Retail > Grocery Retailing > Wegmans Food Markets, Inc.

Wegmans Food Markets, Inc.
 NEWS FROM THE STANDARD
Getting to Know You
Nov 10 2000 12:00 AM PST

 PROFILE
One name strikes fear in the hearts of supermarket owners in New York, Pennsylvania, and New Jersey: Wegmans. The supermarket chain owns about 60 stores, but the stores are hardly typical -- they're much larger than most supermarkets (up to 120,000 sq. ft.), and they offer specialty shops such as huge in-store cafes, cheese shops with some 400 different varieties, and French-style pastry shops with exotic desserts. The company is also known for its gourmet cooking classes and an extensive employee-training program. In addition, Wegmans runs about 15 Chase-Pitkin Home & Garden home-improvement stores. Founded in 1916, the company is still owned by the family of founder John Wegman. His nephew, Robert Wegman, is CEO.

 COMPETITION
Ahold USA, Inc. (dossier)
The Penn Traffic Company (PNFT)
Safeway Inc. (SWY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,670.00
1-Yr. Sales Growth: (2.9)%
Employees: 28,766
Revenue per employee: $92,817.91

 KEY PEOPLE
• Robert B. Wegman
    CEO
• Jim Leo
    CFO

 CONTACT INFO
1500 Brooks Ave.
Rochester, NY 14603
US
Phone: 716-328-2550
Fax: 716-464-4664
Online: Web Site

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