Formerly |
|
---|---|
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 is known historically as a wholesale supplier to independent retailers. [5] It 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, [6] 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. [7] In 1942, the company purchased Clark & Host coffee roasting company from Charles Clark. [8]
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. [9]
Roundy's was taken private in 2002 through purchase by the Chicago private-equity firm Willis Stein & Partners. [10]
Roundy's took the company public via an initial public offering (IPO) in 2012, posting an initial share price of $8.50 per share. [11]
Beginning in 2002, the CEO of the corporation was Robert "Chairman Bob" Mariano, [7] who had been the CEO of Dominick's prior to Dominick's sale to Safeway in 1998. [12]
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. [13]
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. [14] 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. [15]
CEO Bob Mariano retired on September 1, 2016. [16]
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.
Kohl's is an American department store retail chain, operated by Kohl's Corporation. It currently has 1,165 locations, operating stores in every U.S. state except Hawaii. The company was founded by Polish immigrant Maxwell Kohl, who opened a corner grocery store in Milwaukee, Wisconsin, in 1927. It went on to become a successful chain in the local area, and in 1962 the company branched out by opening its first department store. British American Tobacco Company took a controlling interest in the company in 1972 while still managed by the Kohl Family, and in 1979, the corporation was sold to BATUS Inc. A group of investors purchased the company in 1986 from British American Tobacco and took it public in 1992.
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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.
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.
Jerry's Enterprises, Inc.(JEI) is an operator of County Market, Cub Foods, Jerry's Foods, and Save-a-Lot grocery stores headquartered in Edina, Minnesota. It was founded in 1947 by CEO Gerald A. (Jerry) Paulsen.
Dominick's was a Chicago-area grocery store chain and subsidiary of Safeway Inc. Dominick's distribution center was located in Northlake, Illinois, while its management offices were located in Oak Brook, Illinois.
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.