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Joe Fedele
Joseph Fedele (known as Joe Fedele, born C. 1962) is an entrepreneur who co-founded New York-based online specialty grocery FreshDirect in 1998 along with investment banker Jason Ackerman. Fedele served as CEO and co-chairman from 1998 to 2004. Prior to FreshDirect, Fedele was CEO and president of Fairway Market on West 132nd Street in Manhattan from 1993 to 1998. He helped the conversion of the business from Fairway to Fairway ("Like No Other Market"). During that period, the company disintermediated its supply chain for perishable and specialty products and introduced just-in-time inventory stocking. Early life Fedele was born in Brooklyn, New York and graduated from Hofstra University, acquiring a BBA in Accounting, Finance, Economics and Mathematics in 1980. Career PFI In 1982, he founded PFI, one of the largest protein and perishable trading companies in the US with customers such as Marubeni, Komatsu Gosho, Sumitomo, Price Club, Walmart, and others. By Choice By Choice was a ...
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FreshDirect
FreshDirect is an American online grocery company and among the first enterprises to sell and deliver perishable foods to consumers without maintaining a retail operation. Established in New York City, the company serves the New York metropolitan region as well as parts of Central New Jersey, Southern Connecticut, and Eastern Long Island. As of 2022, FreshDirect serves about 21 counties in the New York tristate area. FreshDirect custom-packages groceries and meals using just-in-time manufacturing, a practice that reduces waste, and improves quality and freshness. The company offers its services via a website and mobile app. The company was an early proponent of the move towards food sustainability and rapidly grew in popularity by catering to an urban, socially-conscious consumer. FreshDirect focuses on reducing the time it takes for food to move from its source to the end user by buying directly from farms, emphasizing organic food and locally grown items. FreshDirect also sto ...
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Distribution (marketing)
Distribution (or place) is one of the four elements of the marketing mix. Distribution is the process of making a product or service available for the consumer or business user who needs it. This can be done directly by the producer or service provider or using indirect channels with distributors or intermediaries. The other three elements of the marketing mix are product, pricing, and promotion. Decisions about distribution need to be taken in line with a company's overall strategic vision and mission. Developing a coherent distribution plan is a central component of strategic planning. At the strategic level, there are three broad approaches to distribution, namely mass, selective and exclusive distribution. The number and type of intermediaries selected largely depend on the strategic approach. The overall distribution channel should add value to the consumer. Definition Distribution is fundamentally concerned with ensuring that products reach target customers in the ...
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Hofstra University Alumni
Hofstra University is a private university in Hempstead, New York. It is Long Island's largest private university. Hofstra originated in 1935 as an extension of New York University (NYU) under the name Nassau College – Hofstra Memorial of New York University. It became an independent Hofstra College in 1939 and gained university status in 1963. Comprising ten schools, including the Zucker School of Medicine at Hofstra/Northwell and Deane School of Law, Hofstra has hosted a series of prominent presidential conferences and several United States presidential debates. History The college was founded in 1935 on the estate of namesake William S. Hofstra (1861–1932), a lumber entrepreneur of Dutch ancestry, and his second wife Kate Mason (1854–1933). It began as an extension of New York University (NYU) under the name Nassau College – Hofstra Memorial of New York University. It became the fourth and most recent American college or university named after a Dutch American, ...
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American Businesspeople
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer ...
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John Mackey (businessman)
John Powell Mackey (born August 15, 1953) is an American businessman, and writer. He is the co-founder of Whole Foods Market and served as the CEO of the company from its inception in 1980 until 2022. Named Ernst & Young entrepreneur of the year in 2003, he is one of the most influential advocates in the movement for organic food."The Whole Foods Shebang"
'' Grist Magazine'', December 17, 2004
A vocal member of the Libertarian Party, Mackey is a strong supporter of free market economics. Mackey has criticized labor un ...
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Ernst & Young
Ernst & Young Global Limited, trade name EY, is a multinational corporation, multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and PricewaterhouseCoopers (PwC), it is considered one of the Big Four accounting firms. It primarily provides assurance services, assurance (which includes financial audit), tax, management consulting, consulting and Corporate services, advisory services to its clients. Like many of the larger accounting firms in recent years, EY has expanded into markets adjacent to accounting, including strategy, operations, HR, technology, and financial services consulting. EY operates as a network of member firms which are structured as separate legal entities in a partnership, which has 312,250 employees in over 700 offices in more than 150 countries around the world. The firm's current partnership was formed in 1989 by a merger of two acc ...
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West 74th Street
74th Street is an east–west street carrying pedestrian traffic and eastbound automotive/bicycle traffic in the New York City borough of Manhattan. It runs through the Upper East Side neighborhood (in ZIP code 10021, where it is known as East 74th Street), and the Upper West Side neighborhood (in ZIP code 10023, where it is known as West 74th Street), on both sides of Central Park. History In 1639, Colony's Sawmill stood at the corner of East 74th Street and Second Avenue, in the Dutch village of New Amsterdam, at which African laborers cut lumber. In 1664, the English took over Manhattan and the Dutch colony of New Amsterdam from the Dutch. English colonial Governor of the Province of New York Richard Nicolls made 74th Street, beginning at the East River, the southern border patent line (which was called the "Harlem Line") of the village of Nieuw Haarlem (later, the village of Harlem); the British also renamed the village "Lancaster". That same year Jan van Bonnel built a ...
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New York Magazine
''New York'' is an American biweekly magazine concerned with life, culture, politics, and style generally, and with a particular emphasis on New York City. Founded by Milton Glaser and Clay Felker in 1968 as a competitor to ''The New Yorker'', it was brasher and less polite, and established itself as a cradle of New Journalism. Over time, it became more national in scope, publishing many noteworthy articles on American culture by writers such as Tom Wolfe, Jimmy Breslin, Nora Ephron, John Heilemann, Frank Rich, and Rebecca Traister. In its 21st-century incarnation under editor-in-chief Adam Moss, "The nation's best and most-imitated city magazine is often not about the city—at least not in the overcrowded, traffic-clogged, five-boroughs sense", wrote then-''Washington Post'' media critic Howard Kurtz, as the magazine increasingly published political and cultural stories of national significance. Since its redesign and relaunch in 2004, the magazine has won more ...
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Understatement
Understatement is an expression of lesser strength than what the speaker or writer actually means or than what is normally expected. It is the opposite of embellishment or exaggeration, and is used for emphasis, irony, hedging, or humor. A particular form of understatement using negative syntax is called litotes. This is not to be confused with euphemism, where a polite phrase is used in place of a harsher or more offensive expression. Understatement may also be called underexaggeration to denote lesser enthusiasm. Understatement also merges the comic with the ironic, as in Mark Twain’s comment, “The reports of my death are greatly exaggerated.” Use by the English Understatement often leads to litotes, rhetorical constructs in which understatement is used to emphasize a point. It is a staple of humour in English-speaking cultures. For example, in '' Monty Python's The Meaning of Life'', an Army officer has just lost his leg. When asked how he feels, he looks down at hi ...
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Certificate Of Occupancy
Certificate may refer to: * Birth certificate * Marriage certificate * Death certificate * Gift certificate * Certificate of authenticity, a document or seal certifying the authenticity of something * Certificate of deposit, or CD, a financial product commonly offered to consumers by banks, thrift institutions and credit unions Computing * Authorization certificate or ''attribute certificate'' * Certificate (complexity), a string that certifies the answer to a computation * Public key certificate, an electronic document used in cryptography Academic qualification * Academic certificate * Medical certificate * Professional certification, a vocational award * A confirmation that a person has passed a Test (assessment) to prove competence * Global Assessment Certificate is a university preparation and foundation studies program * Graduate certificate Australia * Higher School Certificate (New South Wales), a school qualification in New South Wales, Australia * Victorian C ...
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New York (magazine)
''New York'' is an American biweekly magazine concerned with life, culture, politics, and style generally, and with a particular emphasis on New York City. Founded by Milton Glaser and Clay Felker in 1968 as a competitor to ''The New Yorker'', it was brasher and less polite, and established itself as a cradle of New Journalism. Over time, it became more national in scope, publishing many noteworthy articles on American culture by writers such as Tom Wolfe, Jimmy Breslin, Nora Ephron, John Heilemann, Frank Rich, and Rebecca Traister. In its 21st-century incarnation under editor-in-chief Adam Moss, "The nation's best and most-imitated city magazine is often not about the city—at least not in the overcrowded, traffic-clogged, five-boroughs sense", wrote then-'' Washington Post'' media critic Howard Kurtz, as the magazine increasingly published political and cultural stories of national significance. Since its redesign and relaunch in 2004, the magazine has won more ...
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Fairway Market
Fairway Market is an American grocery chain, founded in 1933 by Nathan Glickberg. It is currently one of the store banners owned by the Wakefern Food Corporation, a company famous for its flagship supermarket cooperative network, ShopRite. The flagship store, which stands at Broadway and West 74th Street, on the Upper West Side of Manhattan, is one of four surviving stores, as of 2020, that are currently operated by Wakefern cooperative member, Village Super Markets. Sale to private equity Fairway Market is a specialty market with four locations in Manhattan. Founded in 1933, Fairway Market is most known for its fine foods, including coffee, cheese, and olives. It also offers NYC's largest variety of organic foods. The supermarket has a "Gotta Have It Way" program, where customers can request products to be brought into the store. Sterling Investment Partners, a private equity firm in Westport, Connecticut, bought a controlling stake in Fairway Market in Janu ...
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