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Roundy's Supermarkets history
Roundy's Supermarkets company history timeline
The company was founded in 1872 in Milwaukee as Smith, Roundy & Co. by William E. Smith, Judson Roundy and Sidney Hauxhurst.
The company grew out of its first quarters and moved to a larger building at Milwaukee's Broadway and Buffalo Streets in 1885.
The firm took on new partners and incorporated in 1902 as Roundy, Peckham & Dexter Co.
1922: The company begins to offer its own private Roundy's brand.
In 1953 the firm reorganized as a grocery cooperative, with only independent retailers allowed to hold Roundy's stock.
Sales reached $50 million in 1962 and then doubled to $100 million in the next nine years.
Roundy's had 27 Pick 'n Save stores in Wisconsin by 1983.
The company spent $40 million in 1984 to buy Scot Lad Foods, a grocery distributor in Lansing, Illinois.
Roundy's Chairman and CEO Vincent R. Little took early retirement in 1986 after 12 years at the post.
In 1988, the company bought Cardinal Foods Inc., an Ohio-based food distributor, and another Ohio firm, a health and beauty aid distributor called American Merchandising Associates Inc.
Roundy's sales had increased significantly by 1988, up to $2.4 billion.
The company leased a new warehouse in Mazomanie, Wisconsin, in 1989, as it ran out of space in its old Wauwatosa facility.
1991: Roundy's and the Teamsters Union sign a five-year contract, ending a bitter labor dispute.
Then in April 1992 Roundy's announced plans to add capacity at its Wauwatosa plant and move some work from a Fort Wayne, Indiana, warehouse to its other Wisconsin warehouse in Mazomanie.
Jerry Lestina, who had been named CEO in 1993, seemed intent on staying the course.
Then in October 1994, the company announced it would merge with Spartan Stores, another grocery wholesale cooperative based in Grand Rapids, Michigan.
Roundy's made another auspicious acquisition in 2001 when it bought Copps Food Centers, then the largest family-owned supermarket chain in Wisconsin, for $95 million.
Roundy's was taken private in 2002 through purchase by the Chicago private-equity firm Willis Stein & Partners.
A strong effort was made in 2007 to sell Roundy's, but because of softness in the credit markets, there were no takers.
On November 11, 2015, Roundy's announced its sale to the Kroger, a deal valued at $800 million including debt, which was completed on December 18, 2015.
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Roundy's Supermarkets competitors
| Company Name | Founded Date | Revenue | Employee Size | Job Openings |
|---|---|---|---|---|
| Food Lion | 1957 | $20.0B | 88,001 | - |
| Ingles Markets | 1963 | $5.0B | 26,000 | 174 |
| The Great Atlantic & Pacific Tea Company | 1859 | $49.9M | 28,500 | - |
| Delhaize America | 1957 | $32.0B | 109,000 | 214 |
| Acme Markets | 1891 | $51.0M | 250 | - |
| Nash Finch Company | - | $4.8B | 4,685 | - |
| North State Grocery Inc | 1962 | $220.0M | 1,070 | 52 |
| Do it Best | 1945 | $3.5B | 1,519 | 64 |
| Event Network | 1998 | $610.0M | 3,000 | - |
| Nature's Fresh Northwest Inc | - | - | 550 | - |
Roundy's Supermarkets history FAQs
Zippia gives an in-depth look into the details of Roundy's Supermarkets, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Roundy's Supermarkets. The employee data is based on information from people who have self-reported their past or current employments at Roundy's Supermarkets. 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 Roundy's Supermarkets. The data presented on this page does not represent the view of Roundy's Supermarkets and its employees or that of Zippia.
Roundy's Supermarkets may also be known as or be related to ROUNDY S INC., Roundy's, Roundy's Inc, Roundy's Supermarkets, Roundy's Supermarkets Inc, Roundy's Supermarkets, Inc., Roundy's, Inc. and Smith, Roundy & Co. (1872–1970).