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Woodman's Food Markets, Inc.
Company typeEmployee-owned
IndustryRetail
FoundedJanesville, Wisconsin (1919)
HeadquartersJanesville, Wisconsin
Number of locations
16
Key people
Phil Woodman, President
ProductsGrocery
Revenue$2 Billion[1]
Number of employees
2,200+[2][failed verification]
Websitewoodmans-food.com

Woodman's Markets is an employee-owned U.S. regional supermarket chain based in Janesville, Wisconsin. Founded in 1919 as a produce stand, Woodman's has grown to operate sixteen stores in Wisconsin and northern Illinois. Woodman's appeared on Supermarket News Top 50 Small Chains & Independents list since 2010.[3][4][5] All Woodman's locations are open 24 hours a day, and have a gas station and convenience store within close proximity to the store.

History

Woodman's Markets was started in 1919 by John Woodman as a produce stand on the corner of Milton and Sherman Avenues in Janesville. John's son, Willard, later joined his father and in 1921 they built an indoor location on the original produce stand corner. The company continued to grow throughout the middle of the 20th century and in 1956 opened a second Janesville location. The original two stores eventually closed and were replaced by one larger store in 1973.[6] Willard's son, Phil, joined him in managing the company in the 1960s, and remains president today. In 1971 Woodman's opened its first location outside Janesville, in neighboring Beloit. In 1975 Woodman's became the first Wisconsin-based grocery store to begin using UPC scanners.

Since the late 1970s, Woodman's has opened 15 stores throughout Wisconsin and Illinois. The Kenosha location, which opened in 1997, was the largest grocery store in the United States at the time.[citation needed] The 2001 opening of the Rockford, Illinois store marked the first Woodman's store outside Wisconsin. Woodman's was privately owned by the Woodman family until 1998, when it became a 100 percent employee owned company. In March 2008, Woodman's hit $1 billion in annual sales.

The company previously owned a stake in Roundy's, now a key regional competitor.[7]

Appleton, Wisconsin location

Store layout and sales model

Woodman's stores are based on a modified warehouse model, with stores in the 200-250,000+ square foot range. Most new locations are built as an anchor store with several smaller outlots surrounding the store. The company prefers not to take on debt so it opens new stores only every 2–3 years, and remodels existing stores in between opening new stores.

Prices at Woodman's are lower than at many large grocery store chains because of their bulk purchasing model.[8] Most items are stocked on the shelves by employees, but special bulk purchases and other items are sometimes shelved in their shipping cases or stacked in the aisles.

The store brand is Shurfine, which is one of the many brands of Elk Grove Village, Illinois-based private label co-op Topco Associates.

Woodman's allows payment by cash, check, credit card, PIN-based debit cards and EBT. Discover card is the exclusive credit card of Woodman’s. All Woodman's locations have gas stations within close proximity to the main store. Shopping carts are varied, offering electric carts, oversized carts, carts that allow children to be strapped in, and carts for adults with special needs.

Woodman’s partners with GrocerKey to offer online shopping with pick up or delivery.[9]

Employee benefits

Despite the company being employee owned, Phil Woodman created controversy in December 2009 by eliminating the company's mental health coverage, complaining that patients could rack up uncontrolled costs for the company.[10][11]

Locations

Woodman's has sixteen locations:

Illinois

Wisconsin

References

  1. ^ "Private Company Overview: Woodman's Food Market" (PDF). PCG. September 2005. Retrieved September 4, 2006. Archived September 28, 2007, at the Wayback Machine
  2. ^ "The Employee Ownership 100". The National Center for Employee Ownership. 2005. Retrieved December 24, 2015.
  3. ^ Supermarket News. "Top 50 Small Chains& Independents 2010".
  4. ^ Supermarket News. "Top 50 Small Chains & Independents 2011".
  5. ^ Supermarket News. "Top 50 Small Chains and Independents 2012".
  6. ^ http://www.woodmans-food.com/about/history/
  7. ^ "Roundy's Inc., Form 10-K SEC Filing for 1999". sec.gov. United States Securities and Exchange Commission. January 2, 1999. Retrieved December 24, 2015.
  8. ^ "All Eyes on Woodman's: Bulk Packaging as Promotional Services Under the RPA". Robins Kaplan LLP. July 13, 2015.
  9. ^ "How Woodman's Food Markets became an online brand". Digital Commerce 360. 2017-07-25. Retrieved 2018-03-15.
  10. ^ Shawn Doherty (December 21, 2009). "Woodman's drops mental health coverage". The Capital Times.
  11. ^ Dan Cassuto (December 22, 2009). "Protestors call on Woodman's to return mental health coverage". WKOW.
  12. ^ Ronnie Wachter (June 21, 2016). "Buffalo Grove approves $7 million incentive for Woodman's Food Market project". Chicago Tribune.
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