Save Mart Supermarkets: Difference between revisions
Company info updated by Save Mart PR. |
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| foundation = 17 January 1952 |
| foundation = 17 January 1952 |
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| location = [[Modesto, California]] |
| location = [[Modesto, California]] |
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| key_people = Robert M. Piccinini, Chairman/CEO<br>Steve Junqueiro, President/COO<br>Steve Ackerman, VP/CFO<br>Mike Silveira, SVP/CAO and GC<br> |
| key_people = Robert M. Piccinini, Chairman/CEO<br>Steve Junqueiro, President/COO<br>Steve Ackerman, VP/CFO<br>Mike Silveira, SVP/CAO and GC<br> |
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| industry = [[Retail]]/[[Grocery]] |
| industry = [[Retail]]/[[Grocery]] |
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| products = Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor |
| products = Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor |
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| slogan = "Your life, Your town, Your Store." |
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| homepage = [http://www.savemart.com/ www.savemart.com] |
| homepage = [http://www.savemart.com/ www.savemart.com] |
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==Background== |
==Background== |
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Save Mart was founded in January 17, 1952 in the [[San Joaquin Valley]] town of [[Modesto, California]]. The company grew on a successful basis for years, primarily by purchasing stores from larger competitors in the Central Valley. Typically these transactions involved a small number of stores, or even just one store. The company began their growth by acquisition strategy by purchasing about 30 Frys Stores located primarily around Stockton, San Jose, and Concord, CA in 1989. The company also purchased a few stores from Safeway in Fresno area in the 1995 period, and a couple more stores from Safeway in Modesto and Stockton, CA (both Pak N Save Stores) in 1997. Also in 1997, the company purchased about 10 Lucky Stores in the Central Valley. Around 2002, the company purchased all corporate owned Food 4 Less Stores from Fleming in Northern California and operates them with the Food Maxx name. As Ralphs left the Central Valley during 2005-2006, the company purchased three Ralphs stores in Clovis and Bakersfield, CA. The company's largest transaction (to date) is described below. |
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'''Save Mart Supermarkets''' owns and operates nearly 250 stores in Northern and Central California and Northern Nevada under the Save Mart, S-Mart Foods, Lucky, and FoodMaxx banners. A privately-owned retail food company, it is sustained by a familial corporate culture and is engaged with the communities served by its stores. The company supports a number of community events and charitable causes focusing primarily on the needs of children. |
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One of the company's operating philosophies which has helped it grow and give it better scale involves keeping stores open as long as they make any amount of profit, unlike larger chains who typically have high profit expectations for stores and will close a store that does not meet such expectations even if it is making some money. |
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==Company History== |
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Save Mart No. 28 in the 2007 "Top 75 North American Food Retailers" based on 2006 fiscal year estimated sales of $5.0 billion.<ref name="2007 SN">{{cite news | author=Editors | url=http://supermarketnews.com/profiles/top75/index.html | title=2007 Top 75 North American Food Retailers | work=Supermarket News | accessdate=2007-02-24}}</ref> |
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• 1952 – January 17: The first Save Mart store opens in Modesto, California. |
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• 1973 – Yosemite Wholesale opens in Modesto. |
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==Workforce Rebalancing== |
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On Tuesday March 10th, 2009, [http://www.modbee.com/1618/story/625441.html Modesto Bee] published an article announcing a trimming fewer than 50 positions of it's roughly 21,000 jobs, a move related to its 2007 purchase of the Albertsons chain |
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• 1981 – Bob Piccinini is named president. |
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The reduction was carried out in the last week in the Modesto corporate office and in distribution and other support functions here and elsewhere, spokeswoman Alicia Rockwell said. This is the first time in history since the company was founded in 1952. |
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• 1984 – Save Mart Supermarkets partners with two other retailers to launch Mid-Valley Dairy, producer of Sunnyside Farms products. SMART Refrigerated Transport opens in Turlock. |
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==Save Mart Center== |
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{{main|Save Mart Center at Fresno State}} |
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• 1985 – Bob Piccinini purchases Save Mart Supermarkets and becomes CEO. |
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Save Mart purchased for $40 million the naming rights to the multi-purpose [[arena]] located on the campus of [[California State University, Fresno]]. The ribbon cutting for Save Mart Center was October 27, 2003, with a community open house held on November 5, 2003. |
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• 1986 - Save Mart Supermarkets moves its corporate headquarters to 1800 Standiford Avenue in Modesto. In partnership with the Fleming Company, the company opens its first two price-impact stores in Bakersfield, under the Food 4 Less banner. |
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• 1988 - Save Mart Supermarkets partners with two other retailers to open Sunnyside Farms Dairy by-product plant in Turlock. |
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• 1989 – Save Mart Supermarkets acquires 27 Fry’s Supermarkets in the San Francisco Bay Area. |
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• 1991 – Save Mart Supermarkets helps found and becomes a voting partner in Super Store Industries (SSI). |
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• 1997 - Save Mart Supermarkets purchases 10 Lucky stores in the Central Valley. |
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• 2003 – Save Mart Supermarkets acquires 25 Food 4 Less stores and rebrands them FoodMaxx. |
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• 2007 – Save Mart Supermarkets acquires Albertson stores in the Metro Sacramento area, San Francisco Bay Area, and Northern Nevada, and converts them to Lucky and Save Mart stores. |
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==Banners and Brands== |
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Save Mart Supermarkets encompasses a number of store banners and private label product brands. |
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'''Save Mart''' stores are full-service grocery stores with a broad product offering, including service and fresh food departments. Save Mart stores offer high-quality fresh products, high-quality bakery and deli-prepared foods, and focused ethic offerings, delivering high value to their customers. Friendly and engaging service differentiates these stores from the competition. Active community partnership brings “Your Life. Your Town. Your Store.” to life. |
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'''S-Mart Food'''s are full-service grocery stores operating in Stockton and Lodi, California. They provide the same offerings as Save Mart stores. |
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'''Lucky Supermarkets''' are full-service grocery stores operating in the San Francisco Bay Area. Their high-value offerings include high-quality fresh products, high-quality bakery and deli-prepared foods, and focused ethnic offerings. “Fresh. Service. Value.” is the foundation of these stores’ relationships with its customers. |
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'''FoodMaxx''' is a price-impact banner operating with a “no-frills” format. While the assortment of products at FoodMaxx stores is not as broad as in the company’s full-service banners, the stores provide high value through quality fresh products and friendly, engaging service. These stores are committed to offering the lowest prices to the consumer without a store club membership fee. |
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'''Our Brands''' – For consumers seeking national brand quality without the national brand price, these families of brands are a smart alternative. They provide equivalent or enhanced product quality, dynamic packaging, and competitive pricing. |
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• MasterCut – meats |
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• Master Catch – fish and seafood |
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• Sunny Select – juices and foods |
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• Sunnyside Farms – dairy |
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• Bayside Farms – dairy |
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• Maxx Value – frozen foods |
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• Today’s Health – over-the-counter medications |
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• Pacific Coast Café – coffee |
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==Corporate Citizenship== |
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Save Mart Supermarkets understands that no company can flourish in a vacuum. The company is committed to being a responsible corporate citizen – conducting business ethically and giving back to the communities that it serves. |
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'''Corporate Programs''' |
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Save Mart Supermarkets’ corporate giving philosophy is focused on the needs of children and their families, their physical and mental health, education, sports, and personal growth. |
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• Save Mart CARES – Community, Arts, Recreation, Education, Sports. Save Mart CARES is a 501(c)(3) charitable organization that supports nonprofit charitable groups and programs in California’s Central Valley. These groups and programs must have a track record of measurable results, and include community clean-up and beautification projects, cultural events, arts classes for disadvantaged youth, scholarships for outstanding young artists, youth dance classes, remedial reading programs, drug and alcohol awareness programs, team sports, and sports scholarships for talented youth. Requests for charitable funding are reviewed and approved by the Save Mart CARES board of directors. |
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• Save Mart SHARES – This card-based program was designed to Support the Humanities, Arts, Recreation, Education, and Sports in the communities that have Save Mart, Lucky, S-Mart Foods, and FoodMaxx stores. Each time a cardholder uses his or her card, a designated school, church, or nonprofit organization receives a donation equal to three percent of the cardholder’s purchase. |
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'''Charitable Partners''' |
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The company has partnered with a number of organizations and established giving programs that can deliver both tangible and intangible benefits to the communities served by Save Mart Supermarkets’ stores. |
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• March of Dimes – This group is the leading nonprofit organization for pregnancy and baby health. Every year, Save Mart Supermarkets stores invite customers to purchase fundraising icons and encourage its employees to participate in the many Walks for Babies in their regions. In 2008, Save Mart Supermarkets raised more than $275,000 for this charity. |
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• Juvenile Diabetes Research Foundation (JDRF) – The JDRF is the leading charitable funder and advocate of type 1 (juvenile) diabetes research worldwide. The mission of JDRF is to find a cure for diabetes and its complications through the support of research. Save Mart Supermarkets supports the organization by offering customers fundraising icons and hosting an annual crab feed in Modesto. In 2008, the company raised more than $250,000 for the JDRF. |
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• Muscular Dystrophy Association (MDA) – The MDA supports more research on neuromuscular diseases than any other private-sector organization in the world, through programs of worldwide research, comprehensive medical and community services, and far-reaching professional and public health education. Save Mart Supermarkets stores support Jerry’s Kids by inviting customers to purchase shamrock icons and by participateing in the MDA’s Aisles of Smiles promotion. |
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• City of Hope - City of Hope is one of just a handful of Comprehensive Cancer Centers in the United States as designated by the National Cancer Institute (NCI), and a founding member of the National Comprehensive Cancer Network (NCCN). The center aims to find the causes of and cures for cancer and other life-threatening diseases, including diabetes and HIV/AIDS. Save Mart Supermarkets is one of the center’s benefactors. |
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• Keep California Beautiful (KCB) – Keep California Beautiful's mission is to ignite individual, community and corporate responsibility and pride through active resource conservation and waste minimization to enhance California's beauty for generations to come. Each year, KCB participates in the Great American Cleanup, a massive nationwide event during March, April and May each year. This huge effort in mobilizing volunteers and providing supplies from major sponsors, including Save Mart Supermarkets, is sponsored by Keep America Beautiful and Keep California Beautiful |
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'''Community and Charity Events''' |
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Save Mart Supermarkets maintains strong ties with the communities and neighborhoods it serves. The company has launched or participated in a range of events and programs that generate funds and provide direct and indirect benefits to the communities it serves and to established charitable or nonprofit institutions. |
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==NASCAR== |
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{{main|Toyota/Save Mart 350}} |
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==References== |
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{{Reflist}} |
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==External links== |
==External links== |
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Revision as of 19:21, 28 April 2009
| File:SaveMartSupermarkets.jpg File:FoodMaxx.png | |
| Company type | Private |
|---|---|
| Industry | Retail/Grocery |
| Founded | 17 January 1952 |
| Headquarters | Modesto, California |
Key people | Robert M. Piccinini, Chairman/CEO Steve Junqueiro, President/COO Steve Ackerman, VP/CFO Mike Silveira, SVP/CAO and GC |
| Products | Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor |
| Website | www.savemart.com |
Save Mart Supermarkets is a regional chain of supermarkets operating under the names of Save Mart, FoodMaxx, Lucky, and S-Mart Foods. There are currently 245 stores, located in Northern California and Northern Nevada.
Background
Save Mart Supermarkets owns and operates nearly 250 stores in Northern and Central California and Northern Nevada under the Save Mart, S-Mart Foods, Lucky, and FoodMaxx banners. A privately-owned retail food company, it is sustained by a familial corporate culture and is engaged with the communities served by its stores. The company supports a number of community events and charitable causes focusing primarily on the needs of children.
Company History
• 1952 – January 17: The first Save Mart store opens in Modesto, California.
• 1973 – Yosemite Wholesale opens in Modesto.
• 1981 – Bob Piccinini is named president.
• 1984 – Save Mart Supermarkets partners with two other retailers to launch Mid-Valley Dairy, producer of Sunnyside Farms products. SMART Refrigerated Transport opens in Turlock.
• 1985 – Bob Piccinini purchases Save Mart Supermarkets and becomes CEO.
• 1986 - Save Mart Supermarkets moves its corporate headquarters to 1800 Standiford Avenue in Modesto. In partnership with the Fleming Company, the company opens its first two price-impact stores in Bakersfield, under the Food 4 Less banner.
• 1988 - Save Mart Supermarkets partners with two other retailers to open Sunnyside Farms Dairy by-product plant in Turlock.
• 1989 – Save Mart Supermarkets acquires 27 Fry’s Supermarkets in the San Francisco Bay Area.
• 1991 – Save Mart Supermarkets helps found and becomes a voting partner in Super Store Industries (SSI).
• 1997 - Save Mart Supermarkets purchases 10 Lucky stores in the Central Valley.
• 2003 – Save Mart Supermarkets acquires 25 Food 4 Less stores and rebrands them FoodMaxx.
• 2007 – Save Mart Supermarkets acquires Albertson stores in the Metro Sacramento area, San Francisco Bay Area, and Northern Nevada, and converts them to Lucky and Save Mart stores.
Banners and Brands
Save Mart Supermarkets encompasses a number of store banners and private label product brands.
Save Mart stores are full-service grocery stores with a broad product offering, including service and fresh food departments. Save Mart stores offer high-quality fresh products, high-quality bakery and deli-prepared foods, and focused ethic offerings, delivering high value to their customers. Friendly and engaging service differentiates these stores from the competition. Active community partnership brings “Your Life. Your Town. Your Store.” to life.
S-Mart Foods are full-service grocery stores operating in Stockton and Lodi, California. They provide the same offerings as Save Mart stores.
Lucky Supermarkets are full-service grocery stores operating in the San Francisco Bay Area. Their high-value offerings include high-quality fresh products, high-quality bakery and deli-prepared foods, and focused ethnic offerings. “Fresh. Service. Value.” is the foundation of these stores’ relationships with its customers.
FoodMaxx is a price-impact banner operating with a “no-frills” format. While the assortment of products at FoodMaxx stores is not as broad as in the company’s full-service banners, the stores provide high value through quality fresh products and friendly, engaging service. These stores are committed to offering the lowest prices to the consumer without a store club membership fee.
Our Brands – For consumers seeking national brand quality without the national brand price, these families of brands are a smart alternative. They provide equivalent or enhanced product quality, dynamic packaging, and competitive pricing.
• MasterCut – meats • Master Catch – fish and seafood • Sunny Select – juices and foods • Sunnyside Farms – dairy • Bayside Farms – dairy • Maxx Value – frozen foods • Today’s Health – over-the-counter medications • Pacific Coast Café – coffee
Corporate Citizenship
Save Mart Supermarkets understands that no company can flourish in a vacuum. The company is committed to being a responsible corporate citizen – conducting business ethically and giving back to the communities that it serves.
Corporate Programs
Save Mart Supermarkets’ corporate giving philosophy is focused on the needs of children and their families, their physical and mental health, education, sports, and personal growth.
• Save Mart CARES – Community, Arts, Recreation, Education, Sports. Save Mart CARES is a 501(c)(3) charitable organization that supports nonprofit charitable groups and programs in California’s Central Valley. These groups and programs must have a track record of measurable results, and include community clean-up and beautification projects, cultural events, arts classes for disadvantaged youth, scholarships for outstanding young artists, youth dance classes, remedial reading programs, drug and alcohol awareness programs, team sports, and sports scholarships for talented youth. Requests for charitable funding are reviewed and approved by the Save Mart CARES board of directors.
• Save Mart SHARES – This card-based program was designed to Support the Humanities, Arts, Recreation, Education, and Sports in the communities that have Save Mart, Lucky, S-Mart Foods, and FoodMaxx stores. Each time a cardholder uses his or her card, a designated school, church, or nonprofit organization receives a donation equal to three percent of the cardholder’s purchase.
Charitable Partners
The company has partnered with a number of organizations and established giving programs that can deliver both tangible and intangible benefits to the communities served by Save Mart Supermarkets’ stores.
• March of Dimes – This group is the leading nonprofit organization for pregnancy and baby health. Every year, Save Mart Supermarkets stores invite customers to purchase fundraising icons and encourage its employees to participate in the many Walks for Babies in their regions. In 2008, Save Mart Supermarkets raised more than $275,000 for this charity.
• Juvenile Diabetes Research Foundation (JDRF) – The JDRF is the leading charitable funder and advocate of type 1 (juvenile) diabetes research worldwide. The mission of JDRF is to find a cure for diabetes and its complications through the support of research. Save Mart Supermarkets supports the organization by offering customers fundraising icons and hosting an annual crab feed in Modesto. In 2008, the company raised more than $250,000 for the JDRF.
• Muscular Dystrophy Association (MDA) – The MDA supports more research on neuromuscular diseases than any other private-sector organization in the world, through programs of worldwide research, comprehensive medical and community services, and far-reaching professional and public health education. Save Mart Supermarkets stores support Jerry’s Kids by inviting customers to purchase shamrock icons and by participateing in the MDA’s Aisles of Smiles promotion.
• City of Hope - City of Hope is one of just a handful of Comprehensive Cancer Centers in the United States as designated by the National Cancer Institute (NCI), and a founding member of the National Comprehensive Cancer Network (NCCN). The center aims to find the causes of and cures for cancer and other life-threatening diseases, including diabetes and HIV/AIDS. Save Mart Supermarkets is one of the center’s benefactors.
• Keep California Beautiful (KCB) – Keep California Beautiful's mission is to ignite individual, community and corporate responsibility and pride through active resource conservation and waste minimization to enhance California's beauty for generations to come. Each year, KCB participates in the Great American Cleanup, a massive nationwide event during March, April and May each year. This huge effort in mobilizing volunteers and providing supplies from major sponsors, including Save Mart Supermarkets, is sponsored by Keep America Beautiful and Keep California Beautiful
Community and Charity Events
Save Mart Supermarkets maintains strong ties with the communities and neighborhoods it serves. The company has launched or participated in a range of events and programs that generate funds and provide direct and indirect benefits to the communities it serves and to established charitable or nonprofit institutions.