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Home > Company Index > Retail > Grocery Retailing > Wegmans Food Markets, Inc.
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Wegmans Food Markets, Inc. |
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NEWS FROM THE STANDARD |
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Getting to Know You
Nov 10 2000 12:00 AM PST
PROFILE |
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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 |
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Ahold USA, Inc. (dossier)
The Penn Traffic Company (PNFT)
Safeway Inc. (SWY)
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FINANCIAL OVERVIEW |
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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 |
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Robert B. Wegman
CEO
Jim Leo
CFO
CONTACT INFO |
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1500 Brooks Ave.
Rochester, NY 14603
US
Phone: 716-328-2550
Fax: 716-464-4664
Online: Web Site
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