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Wegman company history timeline

1969

In 1969 he was named chairman and CEO of Wegmans.

1972

Wegmans also became the third chain in the country to use electronic cash registers when it installed an optical scanner system in a Rochester store in 1972.

1973

In 1973, Robert Wegman capitalized on the growing demand for do-it-yourself home improvement products, opening his Home Improvement Center next to one of its Rochester groceries.

1974

1974: Company acquires Bilt-Rite Chase-Pitkin building and garden supply stores.

1976

Robert Wegman's son Danny assumed the presidency of Wegmans in 1976.

1977

The first Wegmans market in the Buffalo area opens in January 1977.

1983

In 1983 Wegmans became one of the first chains to install automated teller machines connected to local banks.

1986

Other developments included the 1986 establishment of the Wegmans Federal Credit Union for company employees.

Wegmans' stores violations of state item pricing laws dated back to 1986, but the company argued that item pricing increased consumer costs because of the expense of pricing each item.

1987

In 1987, Fortune magazine named Wegmans the best United States supermarket in terms of customer service.

1990

1990—Wegmans establishes an Employee Assistance Program to provide counseling and referral services for employees and their families.

1991

Wegmans won the Attorney General's lawsuit, and the item pricing law in question subsequently expired in 1991.

In 1991, Wegmans' work scholarship program was awarded a "Points of Light Award" by President George Bush.

1993

By 1993, the largest Wegmans stores were 120,000 square feet, three times the size of the "mall-in-a-store" facilities established 20 years earlier.

The company was also listed in the 1993 publication of The 100 Best Companies to Work for in America.

1999

Instead, the chain moved into the New Jersey market, opening a store in West Windsor Township just south of Princeton in 1999.

2000

According to customers, in a 2000 Consumer Reports survey of supermarket chains, Wegmans ranked second.

In late 2000, the trade journal Supermarket News suggested that Wegmans might be an acquisition target for Kroger or Safeway, or even part of a three-way merger between Virginia-based Ukrop's Supermarkets and North Carolina-based Harris Teeter.

2003

2003—Wegmans introduces the Eat Well, Live Well philosophy and various wellness programs for employees.

2008

2008—Wegmans introduces free employee health screenings.

2010

2010—The Wegmans Management Intern Program for college students celebrates 15 years.

2012

2012—Wegmans ranks #4 on the Greatist.com list of Healthiest Companies to Work For.

2014

Nearly a century later, the closely held grocery empire is still in Rochester and still run by the family, with revenues of $6.8 billion in 2014.

2015

2015—Wegmans ranks #1 for Corporate Reputation among the 100 "most visible companies" nationwide in the Harris Poll Reputation Quotient® study.

2022

From FORTUNE Magazine. © 2022 Fortune Media IP Limited.

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Founded
1967
Company founded
Headquarters
Cincinnati, OH
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Founders
Walter Wegman
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Wegman may also be known as or be related to Wegman, Wegman Company and Wegman Construction Company Inc.