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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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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.
Shoprite is a public company listed on the Johannesburg Stock Exchange and A2X Markets in South Africa, with secondary listings on both the Namibian and Lusaka stock exchanges. The Shoprite Group employs more than 160,000 people and is the largest private sector employer in South Africa. By 2024, Shoprite had 3,031 stores in 10 countries. [2]
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As a result, under-performing ShopRite supermarkets in places such as York, Pennsylvania, and Wethersfield, Connecticut, have been converted to very successful Price Rite stores. The Torrington, Connecticut, Price Rite was a former ShopRite store that had sat unused for almost 10 years before it was opened as Price Rite.
In October, another profit warning was released, and in November it was announced that Kwik Save had agreed to buy Shoprite's 117 Scottish and English stores for £45.7 million, with Shoprite retreating back to the Isle of Man. Shoprite's chairman, Deryck Nicholson, whose family owned 50% of the shareholding, was son of one of the founders of ...
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