Formerly |
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---|---|
Company type | Subsidiary |
Industry | Retail (Grocery) |
Founded | 1872 |
Founders |
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Headquarters | |
Number of locations | 151 |
Area served | Wisconsin and Illinois |
Products | Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks |
Revenue | US$ 3.5 billion (2021) |
Number of employees | 14,000 (2021) |
Parent | Kroger |
Divisions |
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Website | www |
Roundy's Supermarkets (also known as Roundy's) is an American supermarket operator. It owns and operates stores under the names of Pick 'n Save, Metro Market, and Mariano's Fresh Market. The chain is a subsidiary of Kroger. Roundy's operates[ when? ] 149 supermarkets and 107 pharmacies throughout the states of Wisconsin and Illinois. [1] Based on fiscal year 2012 sales, Roundy's was the 37th largest grocery store chain [2] and the 89th largest retailer in the United States. [3] As of December 2015, Roundy's became a subsidiary of Kroger of Cincinnati, Ohio. [4]
Roundy's operates food production facilities in Kenosha and other locations and has two main distribution centers in Mazomanie and Oconomowoc, Wisconsin.
The company began trading on the New York Stock Exchange on February 8, 2012, [5] and ceased trading on December 18, 2015, when it became a subsidiary of Kroger. [4]
The company was founded in 1872 in Milwaukee as Smith, Roundy & Co. by William E. Smith, Judson Roundy and Sidney Hauxhurst. [6]
Roundy's was a major warehouse distributor to non-company supermarkets, including IGA, but it moved out of the wholesale market to focus on retail. [7]
Roundy's was taken private in 2002 through purchase by the Chicago private-equity firm Willis Stein & Partners. [8]
Roundy's took the company public via an initial public offering (IPO) in 2012, posting an initial share price of $8.50 per share. [9]
Beginning in 2002, the CEO of the corporation was Robert "Chairman Bob" Mariano, [6] who had been the CEO of Dominick's prior to Dominick's sale to Safeway in 1998. [10]
On December 2, 2013, Roundy's and Mariano announced it would purchase 11 Dominick's stores to rebrand them as Mariano's, after Safeway finished closing the chain early in 2014. [11]
On November 11, 2015, Roundy's announced its sale to Kroger, a deal valued at $800 million including debt, which was completed on December 18, 2015. [4] Following completion of the sale, Roundy's retained its headquarters in Milwaukee. [12] It was suggested that Kroger primarily was interested in the Mariano's division, which allowed Kroger to enter the Chicago market for the first time. Underlining this, Kroger normally doesn’t acquire chains in financial difficulty; the Roundy's divisions in Wisconsin had been, and continue to be, in decline.
The sale of Roundy's to Cincinnati-based Kroger, about two years after Safeway shut down its Chicago-based Dominick's supermarket chain, selling many of the stores to other operators, was a matter discussed in the regional business press. [13]
CEO Bob Mariano retired on September 1, 2016. [14]
Roundy's includes three front-facing brands and one former brand while Roundy's is used mainly as a private label brand.
Albertsons Companies, Inc. is an American grocery company founded and headquartered in Boise, Idaho.
Jewel-Osco is a regional supermarket chain in the Chicago metropolitan area, headquartered in Itasca, a western suburb. In 2007, the company had 188 stores across northern, central, and western Illinois; eastern Iowa; and portions of northwest Indiana. Jewel-Osco has been a wholly owned subsidiary of Boise-based Albertsons since 1999. The company originally started as a door-to-door coffee delivery service before it expanded into delivering non-perishable groceries and later into grocery stores, and supermarkets. Prior to its 1984 acquisition by American Stores, Jewel evolved into a large multi-state holding company that operated several supermarket chains and other non-food retail chain stores located from coast to coast and had operated under several different brand names.
The Kroger Company, or simply Kroger, is an American retail company that operates supermarkets and multi-department stores throughout the United States.
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Safeway, Inc. is an American supermarket chain. The chain provides grocery items, food and general merchandise and a variety of specialty departments, such as bakery, delicatessen, floral and pharmacy, as well as Starbucks coffee shops and fuel centers. It is a subsidiary of Albertsons after being acquired by private equity investors led by Cerberus Capital Management in January 2015. Safeway's primary base of operations is in the Western United States with some stores located in the Mid-Atlantic region of the Eastern Seaboard. The subsidiary is headquartered in Pleasanton, California.
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National Supermarkets was a grocery chain in both the St. Louis, Missouri, and New Orleans, Louisiana, areas of the United States. Both firms were owned by Loblaw Companies of Canada, but in June 1995, they were sold by Loblaw to Schnucks Markets. Immediately after that, per the FTC, Schnucks sold the National New Orleans division to Schwegmann Brothers Giant Supermarkets of Metairie, Louisiana, which later sold them to Great A&P, which finally sold them to Rouse Markets in 2007. National itself had cemented the number two spot in St. Louis by acquiring several former Kroger locations and the Kroger distribution center in the market when the latter exited St. Louis in 1986. Kroger and National had been battling for the number two and three spots since the 1970s, swapping rankings several times over throughout the 1970s and 1980s.
Woolworths Supermarkets is an Australian chain of supermarkets and grocery stores owned by Woolworths Group. Founded in 1924, Woolworths is currently Australia's largest supermarket chain with a market share of 33% as of 2019.
Marsh Supermarkets was an American retail food chain headquartered in Indianapolis, Indiana, with a peak number of 86 stores in 2013 located throughout central Indiana and parts of western Ohio. Its eventual parent company was Sun Capital Partners, headquartered in Boca Raton, Florida.
Scott's Food & Pharmacy was a supermarket chain in the Fort Wayne, Indiana market. The company was once a wholly owned subsidiary of SuperValu, but was acquired by The Kroger Co. in 2007. At the time of its purchase by Kroger, the chain had 18 locations. By late 2014, that number had dwindled to one location as a result of stores being closed or rebranded under the Kroger banner. However, the company shut down in 2016, due to the final store rebranding to Kroger.
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AppleTree Markets was a supermarket chain in Texas formed in 1969 when Safeway opened its first stores in Houston, which were spun off under the AppleTree name in 1988. The division once had 100 stores in Greater Houston and Greater Austin. By January 21, 2002, AppleTree had reduced its holdings to two stores in Bryan, Texas, where it had shifted its headquarters. One of the remaining locations was sold in 2009 and the final location, in Bryan at Highway 21 and Texas Avenue, closed in early 2012, marking the end of the chain.
Omni Superstore was a chain of supermarkets in the Chicago area and was owned by Dominick's. In 1997, Dominick's phased out Omni and converted the stores into Dominick's because the concept was not generating enough revenue compared to other Dominick's stores.
Kohl’s Food Stores was a Milwaukee-area grocery store chain and subsidiary of The Great Atlantic and Pacific Tea Company. Kohl’s Food Stores distribution center was located in Waukesha, while its management offices were located in Milwaukee, Wisconsin.
Robert Anthony "Bob" Mariano is an American businessman, formerly CEO and chairman of Milwaukee, Wisconsin-based supermarket chain Roundy's.
Rainbow Foods was a supermarket chain in Minnesota. Founded in 1983, it operated more than 40 stores across the state at its peak and was the second-largest grocery store chain in the Twin Cities, behind Cub Foods. However, the arrival of other grocery stores in the market, such as Aldi and Hy-Vee in the 2000s and 2010s caused the grocery store chain to shrink to 27 locations by May 2014. Soon after, nine more closed and eighteen were sold by then-owner Roundy's; only six of these kept the Rainbow name.
The Kroger–Albertsons acquisition is a planned acquisition between the two American grocery chains which serve most of the country's mid-tier grocery market, Kroger and Albertsons. Kroger plans to compete with non-union grocery chain Amazon Fresh, which includes Whole Foods Market, discount department store chains Target and Walmart, and the warehouse club retail chains Costco and Sam's Club.