Raley's Supermarkets
From Wikipedia, the free encyclopedia
| Raley's Supermarkets | |
|---|---|
 |
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| Type | Private |
| Founded | 1935 |
| Headquarters | West Sacramento, California |
| Key people | Jim Teel, Co-Chairman Joyce Raley Teel, Co-Chairman Bill Coyne, President & CEO; William W. Anderson, CFO |
| Industry | Retail (Grocery) |
| Products | Bakery, dairy, deli, frozen foods,gas, general grocery, meat, pharmacy, produce, seafood, snacks |
| Revenue | $3.4 billion USD (2006)[1] |
| Employees | 16,600 |
| Website | www.raleys.com |
Raley's Supermarkets (also known as Raley's Family of Fine Stores) is a privately owned supermarket chain that operates 130 stores under the Raley's, Bel Air Markets , Nob Hill Foods, and Food Source banners in northern California and Nevada. The company pulled out of New Mexico in 2007, selling its stores to Albertsons LLC. Raley's employees somewhere between 15,000 and 16,000 employees, the majority of which are employees of the four store brands. Founded in 1935 by Thomas P. Raley and headquartered in West Sacramento, California, it is the dominant supermarket operator in the Sacramento metropolitan area with over a third of the market. Its major competition coming from Safeway and SaveMart.
Supermarket News ranked Raley's No. 36 in the 2007 "Top 75 North American Food Retailers" based on 2006–07 fiscal year estimated sales of $3.4 billion.[1] Based on 2005 revenue, Raley's is the seventy-seventh largest retailer in the United States.[2]
On September 1st, 2007, a federal jury awarded Raley's employee John O'Quinn $455,500 as compensation for years of racial discrimination.
[edit] References
- ^ a b 2007 Top 75 North American Food Retailers, Supermarket News, Last accessed November 13, 2007.
- ^ Top 100 Retailers: The Nation's Retail Power Players (PDF), Stores, July 2006.
