| Business Summary | | Gristede's
Foods,
Inc.
owns
and
operates
supermarkets,
pharmacies
and
a
distribution
facility
in
the
New
York
Metropolitan
area.
As
of
December
3,
2000,
the
Company
owned
and
operated
43
supermarkets,
and
two
freestanding
pharmacies
offering
health
and
beauty
aids
and
general
merchandise.
Thirty-eight
of
the
supermarkets
and
two
pharmacy
stores
are
located
in
Manhattan,
New
York,
three
are
located
in
Westchester
County,
New
York,
one
is
located
in
Brooklyn,
New
York,
and
one
is
located
in
Long
Island,
New
York.
Thirty-nine
of
the
supermarkets/pharmacies
are
operated
under
the
Gristede's
name
and
six
are
operated
under
the
Sloan's
name.
The
Company
also
operates
five
in-store
pharmacies
and
two
freestanding
pharmacies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Gristede's
Food's,
Inc.
owns
and
operates
44
supermarkets:
38
in
Manhattan,
three
in
Westchester
County,
two
in
Brooklyn,
and
one
in
Long
Island,
NY.
The
Supermarkets
are
operated
under
the
Gristede's
and
the
Sloan's
names.
For
the
26
weeks
ended
6/3/01,
revenues
increased
10%
to
$116.8
million.
Net
income
decreased
44%
to
$792
thousand.
Revenues
reflect
new
stores
opened.
Earnings
were
offset
by
increased
depreciation
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| John Catsimatidis, 51 Chairman,
Pres, CEO, Treasurer | $100K | Stuart Spivak, 63 Exec.
VP, CFO, Sec. | 142K | Dollar amounts are as of 28-Nov-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|