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WinCo Foods
WinCo Foods, Inc. is a privately held, majority employee-owned American supermarket chain based in Boise, Idaho, with retail stores in Arizona, California, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, and Washington. It was founded in 1967 as a no-frills warehouse-style store with low prices. The stores feature extensive bulk food sections. Until 1999, it operated as Waremart Food Centers and Cub Foods (under a franchise agreement). However, WinCo began reestablishing Waremart Foods in 2017. , WinCo has 138 retail stores and six distribution centers, with over 20,000 employees. As of May 2022, WinCo Foods was No. 46 in Forbes.com's list of the largest privately owned companies in the United States. Overview WinCo Foods is based in Boise, Idaho. It was founded in 1967, and the company is mostly owned by current and former employees through an employee stock ownership plan. WinCo operates distribution centers in: * Woodburn, Oregon * Myrtle Creek, Oregon * Boise, I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oregon
Oregon () is a state in the Pacific Northwest region of the Western United States. The Columbia River delineates much of Oregon's northern boundary with Washington, while the Snake River delineates much of its eastern boundary with Idaho. The 42° north parallel delineates the southern boundary with California and Nevada. Oregon has been home to many indigenous nations for thousands of years. The first European traders, explorers, and settlers began exploring what is now Oregon's Pacific coast in the early-mid 16th century. As early as 1564, the Spanish began sending vessels northeast from the Philippines, riding the Kuroshio Current in a sweeping circular route across the northern part of the Pacific. In 1592, Juan de Fuca undertook detailed mapping and studies of ocean currents in the Pacific Northwest, including the Oregon coast as well as the strait now bearing his name. Spanish ships – 250 in as many years – would typically not land before reaching Cape Mendoci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Employee Stock Ownership Plan
Employee stock ownership, or employee share ownership, is where a company's employees own shares in that company (or in the parent company of a group of companies). US employees typically acquire shares through a share option plan. In the UK, Employee Share Purchase Plans are common, wherein deductions are made from an employee's salary to purchase shares over time. In Australia it is common to have all employee plans that provide employees with $1,000 worth of shares on a tax free basis. Such plans may be selective or all-employee plans. Selective plans are typically only made available to senior executives. All-employee plans offer participation to all employees (subject to certain qualifying conditions such as a minimum length of service). Most corporations use stock ownership plans as a form of an employee benefit. Plans in public companies generally limit the total number or the percentage of the company's stock that may be acquired by employees under a plan. Compared with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Distribution Centers
A distribution center for a set of products is a warehouse or other specialized building, often with refrigeration or air conditioning, which is stocked with products (goods) to be redistributed to retailers, to wholesalers, or directly to consumers. A distribution center is a principal part, the order processing element, of the entire order fulfillment process. Distribution centers are usually thought of as being demand driven. A distribution center can also be called a warehouse, a DC, a fulfillment center, a cross-dock facility, a bulk break center, and a package handling center. The name by which the distribution center is known is commonly based on the purpose of the operation. For example, a "retail distribution center" normally distributes goods to retail stores, an "order fulfillment center" commonly distributes goods directly to consumers, and a cross-dock facility stores little or no product but distributes goods to other destinations. Distribution centers are the f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Stores
The retail format (also known as the retail formula) influences the consumer's store choice and addresses the consumer's expectations. At its most basic level, a retail format is a simple marketplace, that is; a location where goods and services are exchanged. In some parts of the world, the retail sector is still dominated by small family-run stores, but large retail chains are increasingly dominating the sector, because they can exert considerable buying power and pass on the savings in the form of lower prices. Many of these large retail chains also produce their own private labels which compete alongside manufacturer brands. Considerable consolidation of retail stores has changed the retail landscape, transferring power away from wholesalers and into the hands of the large retail chains. In Britain and Europe, the retail sale of goods is designated as a '' service activity.'' The European Service Directive applies to all retail trade including periodic markets, street traders an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franchise Agreement
A franchise agreement is a legal, binding contract between a franchisor and franchisee. In the United States franchise agreements are enforced at the State level. Prior to a franchisee signing a contract, the US Federal Trade Commission regulates information disclosures under the authority of The Franchise Rule. The Franchise Rule requires a franchisee be supplied a Franchise Disclosure Document (FDD) (originally called Uniform Franchise Offering Circular (UFOC)) prior to signing a franchise agreement, a minimum of fourteen days before signing a franchise agreement. Once the Federal ten-day waiting period has passed, the Franchise Agreement becomes a State level jurisdiction document. Each state has unique laws regarding franchise agreements. A franchise agreement contents can vary significantly in content depending upon the franchise system, the state jurisdiction of the franchisor, franchisee, and arbitrator. It overall provides the investor with a product, a branded name a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cub Foods
Cub is an American supermarket chain. It operates stores in Minnesota and Illinois. The company is a wholly owned subsidiary of SuperValu Inc., based in Eden Prairie, Minnesota. History Beginnings Cub Foods was founded by Minnesota-based Hooleys Supermarkets in 1968 in the riverside city of Stillwater by brothers Charles and Jack Hooley, brother-in-law Robert Thueson, and Culver Davis, Jr. The name “CUB” was Culver Davis Jr’s nickname, and from it, they coined the acronym “Consumers United for Buying”, and Cub Foods was one of the first total discount food stores in the United States. The chain was bought by Minnesota-based SuperValu in 1980 with five stores in the Twin Cities. After the purchase, the chain expanded to 83 stores in three states, at least 10 of which are in the Twin Cities. Until 1999, WinCo Foods operated several Cub Foods stores. Cub Foods began operations in Colorado in 1986, but shuttered their nine stores in 2003; Kroger acquired some of the for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulk Foods
Bulk foods are food items offered in large quantities, which can be purchased in large, bulk lots or transferred from a bulk container into a smaller container for purchase. Bulk foods may be priced less compared to packaged foods because they are typically packaged in large generic bulk containers and packaging for grocery outlets, which utilizes lesser natural resources. Additionally, less packaging is congruent with the environmental conservation of natural resources and sustainability. One study found a 96% reduction in packaging used for bulk foods compared to packaged foods. National Bulk Foods Week A National Bulk Foods Week was designated between October 16–22, 2011 in ten U.S. states. Products Some commonly available bulk foods and products include: Dry goods * Beans * Candy ** Licorice * Cereals "Precycling." [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warehouse Store
A warehouse store or warehouse supermarket is a food and grocery retailer that operates stores geared toward offering deeper discounted prices than a traditional supermarket. These stores offer a no-frills experience and warehouse shelving stocked well with merchandise intended to move at higher volumes. Unlike warehouse clubs, warehouse stores do not require a membership or membership fees. Warehouse stores can also offer a selection of merchandise sold in bulk. Typically, warehouse stores are laid out in a logical format; this leads customers in a certain way around the store to the checkout. For example, as one enters the store they are directed down an aisle of discounted products. From there the layout could then lead to the fresh produce department, followed by the deli and bakery departments at the back of the store. Often, certain customer service niceties, like the bagging of groceries, are not done by store employees; this helps reduce overall cost. Many warehouse stor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supermarket
A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market. In everyday U.S. usage, however, "grocery store" is synonymous with supermarket, and is not used to refer to other types of stores that sell groceries. The supermarket typically has places for fresh meat, fresh produce, dairy, deli items, baked goods, etc. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenware, household cleaners, pharmacy products and pet supplies. Some supermarkets also sell other household products that are consumed regularly, such as alcohol (where permitted), medicine, and clothing, and some sell a much wider range of non-food products: DVDs, sporting equipment, board games, and seasonal ite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Employee Stock Ownership
Employee stock ownership, or employee share ownership, is where a company's employees own shares in that company (or in the parent company of a group of companies). US employees typically acquire shares through a share option plan. In the UK, Employee Share Purchase Plans are common, wherein deductions are made from an employee's salary to purchase shares over time. In Australia it is common to have all employee plans that provide employees with $1,000 worth of shares on a tax free basis. Such plans may be selective or all-employee plans. Selective plans are typically only made available to senior executives. All-employee plans offer participation to all employees (subject to certain qualifying conditions such as a minimum length of service). Most corporations use stock ownership plans as a form of an employee benefit. Plans in public companies generally limit the total number or the percentage of the company's stock that may be acquired by employees under a plan. Compared with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boise, Idaho
Boise (, , ) is the capital and most populous city of the U.S. state of Idaho and is the county seat of Ada County. On the Boise River in southwestern Idaho, it is east of the Oregon border and north of the Nevada border. The downtown area's elevation is above sea level. The population according to the 2020 US Census was 235,684. The Boise metropolitan area, also known as the Treasure Valley, includes five counties with a combined population of 749,202, the most populous metropolitan area in Idaho. It contains the state's three largest cities: Boise, Nampa, and Meridian. Boise is the 77th most populous metropolitan statistical area in the United States. Downtown Boise is the cultural center and home to many small businesses and a number of high-rise buildings. The area has a variety of shops and restaurants. Centrally, 8th Street contains a pedestrian zone with sidewalk cafes and restaurants. The neighborhood has many local restaurants, bars, and boutiques. The ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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