Food and Staples Retailing
Company Overview of Big Y Foods, Inc.
Big Y Foods, Inc. operates a chain of retail supermarkets in Massachusetts and Connecticut. Its stores include produce, deli, floral, food service, aisles, pharmacy and wellness, seafood, bakery, and butcher shops. The company also provides cards that offer savings deals on various items in its stores. Big Y Foods, Inc. was formerly known as Y Cash Market and changed its name to Big Y Foods, Inc. in 1947. The company was founded in 1936 and is based in Springfield, Massachusetts.
2145 Roosevelt Avenue
Springfield, MA 01102-7840
Founded in 1936
Key Executives for Big Y Foods, Inc.
Chairman and Chief Executive Officer
President and Chief Operating Officer
Vice President of Legal Affairs & Government Relations and General Counsel
Compensation as of Fiscal Year 2013.
Big Y Foods, Inc. Key Developments
Big Y Foods, Inc. and F.L. Roberts & Co. Inc. Team Up to Unveil New Brand of Convenience Store Outlet
Sep 18 13
Big Y Foods Inc. and F.L. Roberts & Co. Inc. are developing their own brand of convenience stores with fuel services. The first Big Y Express outlet is expected to open this fall in Lee at Exit 2 of the Massachusetts Turnpike. The partners expect to roll out more stores in the future. This will be Big Y’s first venture into vehicle fueling, which is a trend for grocery retailers. For the venture, F.L. Roberts will be the operating partner and fuel supplier, while Big Y provides expertise marketing snack, grocery, freshly made and ready-to-eat offerings. The companies will combine their customer loyalty programs. Both Big Y Savings Card customers and F.L. Roberts Rewards Plus customers will qualify for discounts on gas purchases and other store merchandise. Big Y costumers will be able to use their Silver Savings card at F.L. Roberts locations for the same benefits offered in the F.L. Roberts Rewards Plus program. Members holding an F.L. Roberts card, however, will receive savings benefits at Big Y Express locations only, not at Big Y grocery stores.
Big Y Foods, Inc. Announces Executive Changes
Mar 28 13
Big Y Foods, Inc. promoted Michael J. Galat to vice president of employee services and Jason Corriveau to director of frozen foods and dairy. Galat, a 32-year Big Y veteran, had worked in various management positions before being names senior director of employee services last year. In his new post he will oversee employee policies and procedures, training and development, benefits, wellness initiatives and more. He reports to Charles L. D'Amour, president and chief operating officer. Corriveau previously had worked at Shaw's Supermarkets and then was in category management at CVS Caremark from 2006 to 2011, when he joined Big Y.
Big Y Renews Price Optimization Software Agreement with Revionics
Feb 28 12
Revionics, Inc. announced that Big Y Foods, Inc. has renewed its price optimization software agreement with Revionics. Big Y leverages the Revionics(R) Price Optimization solution for its base price planning and optimization throughout all of its supermarkets. Revionics' price transparency and Software-as-a-Service (SaaS) delivery approach was a strong value proposition for Big Y; driving a faster ROI by accelerating adoption of price recommendations. Price transparency provides visibility into the 'why and how' behind every price recommendation. The Saas platform speeds time-to-implementation and ensures high performance and access to the most current solution capabilities. Revionics(R) Price Optimization is a component of the Revionics(R) Life Cycle Price Optimization suite of comprehensive solutions providing shopper-centric pricing and promotions across the product life cycle. Revionics leverages sophisticated yet usable science that integrates and balances retailers' pricing rules, strategies, and operational constraints with consumer demand to deliver more effective shopper-centric pricing recommendations that align with category plans and corporate financial objectives.
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