Wakefern Food Corporation
Wikimedia disambiguation pagewww.wakefern.com
20
MENTIONS
6
EPISODES
5
PODCASTS
Search complete. 20 mentions across 6 episodes found for "Wakefern Food Corporation".
Oct 28, 2026
Chris WaltonHOST
Wow.
Chris WaltonHOST
Partners like Kroger, Wakefern, and Aldi have since rolled out the carts in more than 100 cities globally.
Chris WaltonHOST
But in its own blog post, Instacart admitted that, quote, retailer adoption has not scaled quickly enough to justify our continued investment, end quote, because at the end of the day, the number of retailers and the number of cities does not necessarily correlate with the number of carts actually deployed.
Chris WaltonHOST
The company now expects to book somewhere between $55 and $80 million in pre-tax charges to wind the business down, including job cuts and asset write-downs.
Anthony CodispotiHOST
So, uh, in 2022 something pretty transformative happened.
Anthony CodispotiHOST
Gerrity's joined the Wakefern, Wakefern Food Corp Uh, this was the co-op that we mentioned before, it owns ShopRite.
Anthony CodispotiHOST
And you, you guys did a rebrand into Gerrity's The Fresh Grocer.
Anthony CodispotiHOST
Tell me about this time period, what's going on, what drove this decision?
Joe FasulaGUEST
I mean, that career track can cross with us, uh, in, in our, our graphic design and marketing department, but I don't, I don't think it will.
Anthony CodispotiHOST
Okay.
Joe FasulaGUEST
Um, but to, to answer your question, so yeah, we j- we joined Wakefern.
Joe FasulaGUEST
Uh, we were under a different marketing banner.
Matt GalliraGUEST
And we know that because our product is really unique, if we can drive trial, we're, you know, those are repeat customers.
Matt GalliraGUEST
So, uh, you know, our first couple customers were, you know, the likes of, of Wakefern, you know, in, uh, in, in New Jersey, Stew Leonard's.
Matt GalliraGUEST
Wakefern is, you know, ShopRite and, uh, some other banners.
Matt GalliraGUEST
And then, you know, about a year later, we were in Whole Foods nationwide.
Matt GalliraGUEST
So today we're, you know, in close to 5,000 doors.
Matt GalliraGUEST
It's like, "No, we should not be doing 20 weeks of promotion." We pr- you know, and now we're just training the customer to wait until there's a yellow tag.
Matt GalliraGUEST
But the yellow tag is really powerful, so, you know, if our, our job is to drive trial, that was a really good way to do it.
Matt GalliraGUEST
You know, and, like, we would do a, like, a BOGO at, uh, you know, the, the likes of a, of, of a Wakefern.
Bill WilsonHOST
Village supermarkets posts decline in Q4 profits.
Bill WilsonHOST
Wakefern's largest ShopRite operator said its net income fell slightly in both the fourth quarter and full fiscal year amid higher operating and administrative expenses.
Bill WilsonHOST
Sales were up in both the fourth quarter and year, however.
Bill WilsonHOST
Fourth quarter sales were up one point six percent and full year sales rose three point seven percent.
Chris WaltonHOST
This is six stores out of roughly two hundred for one month, so let's definitely call it a test.
Chris WaltonHOST
But Publix and Wakefern are already running GLP-1 programs of their own, and the grocers that connect the pharmacy, the dietician, and the aisles first are definitively going to have a real head start on the competition.
Chris WaltonHOST
That's all for today.
Chris WaltonHOST
This has been Omnitalk's Retail Daily Minute.
Chris WaltonHOST
This is six stores out of roughly 200 for one month, so let's definitely call it a test.
Chris WaltonHOST
But Publix and Wakefern are already running GLP-1 programs of their own, and the grocers that connect the pharmacy, the dietician, and the aisles first are definitively going to have a real head start on the competition.
Chris WaltonHOST
That's all for today.
Chris WaltonHOST
This has been Omni Talk's Retail Daily Minute.