NEWS FROM THE STANDARD |
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A Veteran Price Chopper Turns to the Web
Sep 06 1999 12:00 AM PDT
PROFILE |
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Shoppers Food Warehouse offers large-scale one-stop shopping. Its 38 warehouse-style discount food stores average over 50,000 sq. ft. and offer a variety of products and services, including produce, baked goods, meats and seafood, salad bars, cookware, and prepared foods, among other items. The chain has a roughly 13% share of the market in the Washington, DC, metro area. It is focusing on opening new stores and upgrading customer services, including adding in-store pharmacies and banking. The company was incorporated in 1956 as Jumbo Food Stores and was bought in 1998 by wholesale food distributor Richfood Holdings, which was in turn bought by #1 food wholesaler SUPERVALU in 1999.
COMPETITION |
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Giant Food Inc. (dossier)
Safeway Inc. (SWY)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: January
2000 Sales (mil.): 885.40
1-Yr. Sales Growth: 39.1%
Employees: 5,200
Revenue per employee: $170,269.23
KEY PEOPLE |
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William J. White
CEO
Ed Klig
CFO
CONTACT INFO |
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4600 Forbes Blvd.
Lanham, MD 20706
US
Phone: 301-306-8600
Fax: 301-306-8885
Online: Web Site
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