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Redner's Warehouse Markets history
Redner's Warehouse Markets company history timeline
In March 1970, the couple combined Mary’s savings account and Earl’s Grand Union stock and pension money to buy two small supermarkets near Reading, Pennsylvania.
Redner's Markets was founded in March 1970, by Mary and Earl Redner.
In 1975 these stocks were worth $5 a share and in just ten years were independently valued at a worth of $22 per share.
1, 1979, the company left the IGA banner, freeing the chain from the franchise arrangement's fees and restrictions, and began operating its stores under a new name: Redner's Markets.
The company said that adaptability has been on display throughout its history, from when it became the first supermarket to have a recycling program to when, in March 1987, it decided to change its retailing strategy, resulting in its first Warehouse Market.
In March 1987 the company opened its first Warehouse Market location.
In October 1990, Earl Redner retired and Richard and Gary Redner took over management of the company.
Ryan Redner, who joined the company in 1999, currently serves as the chief operating officer and director of direct store delivery operations.
Gary M. Redner joined the company in 2001 and serves as the executive vice president of procurement and director of wholesale operations.
While his company continued to grow under the tenure of his son, Richard, Redner lost his son, Gary, in March 2008.
Earl Redner, founder of Redner’s Markets Inc., in September 2015.
In 2020, Redner's Warehouse Markets celebrated their 50th anniversary.
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Redner's Warehouse Markets competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Winco Holdings, Inc. | 1968 | $4.7B | 20,000 | 149 |
| ShopRite Supermarkets Inc. | 1951 | $630.0M | 3,000 | - |
| Price Chopper Supermarkets-Market 32 | 1932 | $640.0M | 3,000 | 6 |
| Waldbaums | 1904 | $7.1M | 240 | - |
| Rainbow Foods | 1983 | $17.0M | 25 | - |
| Pick 'n Save | - | $39.3M | 650 | 117 |
| Market Basket | 1916 | $4.0B | 25,000 | 13 |
| Acme Markets | 1891 | $51.0M | 250 | 1 |
| Weis Markets | 1912 | $4.8B | 23,000 | 919 |
| Foodland | 1948 | $96.0M | 1,195 | 1 |
Redner's Warehouse Markets history FAQs
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Redner's Warehouse Markets may also be known as or be related to Redner'S Warehouse Markets, Redner's Markets, Redner's Markets, Inc., Redner's Warehouse Market and Redner's Warehouse Markets.