C&S Wholesale Grocers
|Founded||Worcester, Massachusetts (1918)|
|Founder(s)||Israel Cohen and Abraham Siegel|
|Headquarters||Keene, New Hampshire, United States|
|Key people||Richard B. Cohen (CEO)|
|Revenue||$19.45 billion (as of 2007)|
|Employees||about 18,000 (as of 2007)|
C&S Wholesale Grocers is an American wholesale distributor of food and grocery store items with its headquarters in Keene, New Hampshire, United States. C&S is the twelfth-largest privately held company in the United States, as listed in 2008 by Forbes. As of November 2009[update], they are the eighth-largest such company. C&S owns the Piggly Wiggly grocery brand (which is independently franchised to store operators) as well as the Best Yet private label brand.
C&S provides more than 95,000 stock-keeping units (SKUs) food and nonfood items to 4,600 corporate customers, including produce, meat, dairy products, delicatessen products, fresh/frozen bakery items, health and beauty aids, candy, and tobacco. C&S has 15,000 associates in 11 states, and storage space of more than 15 million square feet.
C&S customers include Belle Foods, Pathmark, Safeway Inc., Food Giant Stores, Shaw's Supermarkets, Stop & Shop, A&P Supermarkets, Target Corporation, Tops Markets LLC, BiLo Foods, Great American, SavMart/Foodmax, DeMoulas, and independent store/supermarket owner/operators.
In 2001, C&S moved into retailing as it acquired the Grand Union (supermarket) company (now Grand Union Family Markets.) It was Grand Union's largest unsecured creditor when Grand Union declared bankruptcy, making a stalking horse offer.
In July 2003, C&S bought the wholesale grocery business of the bankrupt Fleming.
- January 2009: Lawsuits were filed in federal courts in Wisconsin and New Hampshire alleging that C&S and SuperValu engaged in collusion to allocate markets and reduce competition. The charges stemmed from a 2003 asset swap in which SuperValu swapped distribution centers in the Northeast with C&S's centers in the Midwest with suits claiming that each had indicated it would not compete in the other's territory. The agreement raised red flags when C&S closed its newly acquired distribution centers shortly after the deal.
- December 2010: A&P filed for Chapter 11 bankruptcy, citing in court papers that, among other causes, A&P made an "unfavorable" arrangement with C&S where A&P was required to get 70 percent of its inventory from C&S.
Notes and references
- "America's Largest Private Companies: #12 C&S Wholesale Grocers". Forbes.com. 2008-11-03. Retrieved 2010-12-13.[dead link]
- Fleischauer, Eric (November 3, 2009). "2 Decatur Piggly Wigglys to become Food World stores". Decatur Daily.
- "Founding of C&S Wholesale Grocers". Cswg.com. Retrieved 2010-12-13.
- "Big D Days". Cswg.com. Retrieved 2010-12-13.
- "A Difficult Decision". Cswg.com. Retrieved 2010-12-13.
- Stevens, Caleb (January 22, 2009). "Supervalu faces collusion lawsuit".
- "Grocery Wholesalers Face Anticompetitive Lawsuit | Modern Distribution Management". Mdm.com. Retrieved 2010-12-13.
- Sanders, Bob (2009-07-03). "Grocery score: suit alleges C&S in antitrust conspiracy.". Entrepreneur.com. Retrieved 2010-12-13.
- Kary, Tiffany. "A&P, Century-Old U.S. Grocery Store Owner, Files for Bankruptcy". Bloomberg. Retrieved 2010-12-13.