Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Foodarama history
Foodarama company history timeline
Foodarama is founded in the year 1973 by Carrol Cox, and other key people include H. Russell Heiser, Jr.
Saker lost his lawsuit in 1979 but remained the largest shareholder in Wakefern.
The company's stock dipped as low as $3.25 a share in 1981, the first of three years out of the next four in which its net income fell below $1 million.
Foodarama disposed of its Connecticut stores in 1987, reducing the number of its units to 24.
Foodarama Supermarkets had record net income of $3.7 million on sales of $482 million in fiscal 1987 and made almost as much profit the following year.
The company's long-term debt reached a troublesome $71.7 million in early 1991.
In February 1994 the company announced that it had defaulted on $35.2 million of loans and disclosed increasing operating losses.
Another opened in February 1998 in East Windsor as a replacement for an older, smaller unit in Highstown.
Three leases had been signed by April 1998 for replacement locations, with additional plans to expand one existing store and the expansion of the chain's Long Branch store also under way.
The company's long-term debt was $50.7 million at the end of fiscal 1998.
Rate Foodarama's efforts to communicate its history to employees.
Foodarama jobs
Do you work at Foodarama?
Does Foodarama communicate its history to new hires?
Foodarama competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Sprouts Farmers Market | 2002 | $7.7B | 35,000 | 979 |
| The Fresh Market | 1982 | $1.8B | 13,000 | - |
| David's Supermarkets | 1964 | $10.0M | 550 | - |
| Sweetbay Supermarket | 2004 | $21.4M | 462 | - |
| QFC Quality Food Center | 1954 | $1.0B | 5,900 | 56 |
| Dillard's | 1938 | $6.6B | 40,000 | 13 |
| Food Town Store | 1994 | $242.1M | 2,710 | - |
| Fareway Stores | 1938 | $1.5B | 12,000 | 118 |
| Fiesta Mart | 1972 | $3.0B | 8,200 | 232 |
| Randalls Food Market | 1992 | - | 16,000 | 2 |
Foodarama history FAQs
Zippia gives an in-depth look into the details of Foodarama, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Foodarama. The employee data is based on information from people who have self-reported their past or current employments at Foodarama. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Foodarama. The data presented on this page does not represent the view of Foodarama and its employees or that of Zippia.
Foodarama may also be known as or be related to Cox's Foodarama Inc, Cox's Foodarama, Inc. and Foodarama.