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ShopRite is an American retailers' cooperative of supermarkets with stores in six states: Connecticut, Delaware, Maryland, New Jersey, New York and Pennsylvania.. Based in Keasbey, New Jersey, ShopRite consists of 50 individually owned and operated affiliates with over 300 stores, all under its corporate and distribution arm, Wakefern Food Corporation.
The company is a member of the Wakefern retailers' cooperative and does business as ShopRite and PriceRite. Inserra Supermarkets is headquartered in Mahwah, New Jersey, and operates approximately 23 stores. It is a family-owned business and is one of the 500 largest private companies in the United States. [1]
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Wakefern Food Corporation is an American company that was founded in 1946 and is based in Keasbey, New Jersey. [5] It is the largest retailers' cooperative group of supermarkets and the fourth-largest cooperative of any kind in the United States.
However, the deal fell through by April when shareholders sued to stop the sale. [15] Pathmark sales reached $2.8 billion (~$7.48 billion in 2023) in 1982, when it was the nation's 10th-largest supermarket chain. [16] In 1983, Pathmark opened its first Manhattan superstore, a 42,600-square-foot (3,960 m2) unit, in Pike Slip, near Chinatown.
On September 22, 2015, the sale of 25 A&P stores to Stop & Shop and 70 A&P stores to competitor Acme Markets was approved by a judge in federal bankruptcy court. [18] Most of the stores purchased by Stop & Shop and Acme had been operating under the Pathmark or Waldbaum's banners (A&P had acquired Waldbaum's in 1986 and had bought Pathmark in 2007).