Submitted By:Himanshu Jain Aradhna Pathak Ankita Mahawar Swati Middha Garima Aabir Saxena

WEGMANS MOTTO
Everyday you get your best

Wegmans is a major grocery retail chain based in the US. It was initially called the Rochester Food & Vegetable Company and later on Wegmans.

WEGMANS history
Founded by Wegman Bros 1916 Fruit & Vegetable Company
Purchased the Seel Grocery Co 1920s Expanded their operations
Store were incorporated as Wegmans Food Market Introduced refrigerated display windows and vaporized water sprays to keep 1930s produce fresh

Frozen foods were introduced 1940s Robert Wegman converted stores to self-service format. Employee benefits program - more than 350 full-time employees 1950s Diversified into related businesses Started setting up new stores at 40,000 Sq Ft. 1960s 3rd retail chain to use Electronic cash register

1970

Opened Home improvement center Purchased Bilt-Rit Chase-Pitkin Inc & expanded it Daniel became the president in 1976 & developed private label buying and its brand item chain wide Installed ATMs & provided service Federal credit union for employees were created Launched Work Scholarship Connection 1st Pvt. Company offered child care service Positioned it as an advocate of better health and nutrition Launched Strive for Five & Opened stores outside NY state

1980

1990

2005

Ranked #1 for Best company to work for Announced to close its Chase-Pitkin and Home and Garden centers by 2006

2006

Employed 36,000 people Ranked #2 in Fortune List of 100 companies to work Ranked #66 on Forbes list of the largest Pvt company in the US Ranked #32 in Supermarket News list Ranked #3 on Fortune List Operated 71 stores Ranked #3 on the Fortune Celebrated consecutive 11 years of being on Fortune magazines 100 Best Companies to Work For. The liquor store opened in April 2008 under the name of Century Pittsford Wines

2007

2008

 BEST RETENTION RATES

SKILLSET OF EMPLOYEES

WEGMANS VALUES SYSTEM

EMPLOYEE EMPOWERMENT GENEROUS BENEFITS

 1.We care about people 2.High standards are a way of life. We pursue excellence in everything we do 3.We make difference in every community we serve. 4.We respect our people 5.We empower our people to make decisions that improve their work and benefit our customers and our company.

 Trust was the Integral part of wegmans work culture

Encouraged Employees to be passionate about their work.

Training trips for Employees to cultivate their interest

Frequent Interaction with customers

Intense Job Satisfaction

Trust
Innovation and BrainStorming Freedom To express their Views High pay Strong work culture Knowledgeable Employees

Collaboration & Experimentation

Non- Hierarchical set-up

Go out Permission
Impact on Sales Reduced spoilage

Credit Health taken care Switch to generic drug

Trust Innovation welcomed Inventory control

Educational Qualifications and Scholarships Medical and Life Insurance Profit sharing for Full time Employees Spirit of Giving Funds

Strong Retention and Low attrition

 Meeting in a box Who we are

Story telling mechanism formed an integral part of orientation program for new employees.

 Companys slow pace of expansion A good considerable time for Preparation and Employee training Strong and consistent culture More spend on employee training Family Owned Company Spending more on salaries and benefits of the employee