July 11, 2014 8:32 PM ET

Food and Staples Retailing

Company Overview of Wegmans Food Markets, Inc.

Company Overview

Wegmans Food Markets, Inc. owns and operates a chain of supermarkets in New York, Pennsylvania, New Jersey, Virginia, Maryland, and Massachusetts. It offers various products that include vegetables, chicken, beef, pork, seafood, pastas, gluten-free products, cheeses, bakery, deli, kosher, prepared foods, special diets, beverages, organic snacks, wines, and pharmaceutical products, as well as florist and catering services. Wegmans Food Markets, Inc. was formerly known as Rochester Fruit & Vegetable Company. The company was founded in 1916 and is based in Rochester, New York.

1500 Brooks Avenue

Rochester, NY 14603-0844

United States

Founded in 1916

Phone:

585-328-2550

Fax:

585-464-4626

Key Executives for Wegmans Food Markets, Inc.

Chief Executive Officer
Age: 66
President
Age: 42
Chief Financial Officer
Age: 65
Senior Vice President of Consumer Affairs
Vice President of Seafood Sustainability
Compensation as of Fiscal Year 2014.

Wegmans Food Markets, Inc. Key Developments

Wegmans Food Markets, Inc. Recalls Wegmans Ice in 18 lb. and 7 lb. Bags

Wegmans Food Markets, Inc. is voluntarily recalling Wegmans Ice in 18 lb. (UPC 77890 29200) and 7 lb. (UPC 77890 29197) bags sold between January 1 and June 10, 2014. This recall has been initiated because the ice may contain metal pieces from a broken part in the machine that produces the ice, posing a possible choking hazard. The affected bags of Wegmans Ice were sold in Wegmans’ stores located in Pennsylvania (excluding Erie), New Jersey, Virginia, and Maryland. Wegmans estimates that approximately 6,000 bags of potentially affected ice were sold. Customers may return the product to Wegmans for a full refund.

Wegmans Food Markets, Inc. Opens New Store in Chestnut Hill, Massachusetts

Wegmans Food Markets, Inc. has opened a new store in Chestnut Hill, Massachusetts. Wegmans Store Manager Rich Boscia and his team of 550 employees have been working for months toward one goal to dazzle customers with incredible service, the right selection, and low prices, from day one and every day thereafter.

Wegmans Food Markets, Inc. Plans to Build New Stores in Richmond

Wegmans Food Markets, Inc. has announced plans to build two new stores in the suburbs of Richmond, Virginia. The stores will be similar in size and design to Wegmans' current Virginia stores, which range in size from 120,000 to 140,000 sq. ft. Wegmans will anchor the planned Stonehenge Village Shopping Center, which will also include additional retail space. This site is located on Midlothian Turnpike, just east of Farnham Drive, and is 0.8 miles west of the Chesterfield Town Center Mall and approximately 10 miles southwest of downtown Richmond. Marchetti Properties is the developer for this project. Midlothian is about 55 miles south of Wegmans' Fredericksburg, VA store and 60 miles southeast of Charlottesville, VA, where Wegmans will open a future store. NV Retail will seek approval to build a food market in West Broad Marketplace, a large retail development on West Broad Street near North Gayton Road that will be anchored by Wegmans and Cabela's. The site is located 0.6 miles west of the Short Pump Mall and approximately 13 miles northwest of downtown Richmond. Each of Wegmans' Richmond-area stores is expected to employ 550 to 600 people in full- and part-time positions. According to Wegmans officials, a construction timeline and projected opening date for each store won't be determined until all necessary approvals are in place. The two sites are approximately 11 miles apart.

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