Wakefern Posts Sales Gains

Retail sales at Wakefern Food Corp. were up 7.5%, to $10.6 billion, for the most recent fiscal year, the company said yesterday, following the cooperative wholesaler's annual meeting last week.

KEASBY, N.J. — Retail sales at Wakefern Food Corp. here were up 7.5%, to $10.6 billion, for the most recent fiscal year, the company said yesterday, following the cooperative wholesaler's annual meeting last week.

The company reported $8.4 billion in warehouse sales for the year, which ended in September.

Dean Janeway, president and chief operating officer, noted that growth at Wakefern's wholesale initiative — in which it is offering products to company's outside the co-op — has exceeded expectations and is "on track to double its volume from the prior year."

Also, Wakefern elected to its board Richard McMenamin, a Wakefern member since 1995 and owner of the two-store McMenamin Family ShopRites in the Philadelphia area.

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