Redner's Markets

Redner's Markets, Inc.
Company typePrivate, employee-owned
IndustryRetail (Supermarket)
FoundedMarch 1970; 54 years ago (1970-03)
FoundersEarl and Mary Redner
Headquarters
Reading, Pennsylvania
Number of locations
64
Area served
Eastern Pennsylvania, Delaware and Maryland
Key people
ProductsBakery, dairy, delicatessen, frozen foods, fuel, grocery, produce, meats, snack food, general merchandise, snack foods, health & beauty
ServicesSupermarket
Convenience store
Gas station
Catering
Pharmacy
RevenueIncrease US$757.1 million [1]
OwnerEmployee-owned
Number of employees
4,500 (2020)
Divisions
  • Redner's Warehouse Markets
  • Redner's Fresh Market
  • Redner's Quick Shoppe
Websiterednersmarkets.com

Redner's Markets, Inc. is a privately held, American supermarket chain headquartered in Reading, Pennsylvania. Redner's is an employee-owned company that is wholly owned by present and past employees and members of the Redner family. In 2012, 48% was owned by Redner's employees and 52% by the Redner family.[2] Redner's operates stores throughout Pennsylvania, Delaware, and Maryland. The chain has a distribution warehouse located in Maidencreek Township, Pennsylvania.

History

Redner's Markets was founded in March 1970, by Mary (1918–2007) and Earl Redner (1926–2017). They opened two supermarkets in Reading, PA.

In 1975, the company formed an Employee Stock Ownership Plan (ESOP), making them the first supermarket in Pennsylvania to be employee owned.[3]

In March 1987 the company opened its first Warehouse Market location. All its supermarkets were converted to the warehouse style by November 1987.[4]

In October 1990, Earl Redner retired and Richard and Gary W. Redner took over management of the company. Mary Redner died in 2007. [5] Gary W. Redner was murdered in 2008 in a still unsolved homicide. [6] Earl Redner died in 2017.[7]

The company is currently managed by Richard along with third generation Ryan Redner and Gary M. Redner.

In 2020, Redner's Warehouse Markets celebrated their 50th anniversary.[8]

Redner's logo prior to 2019

Divisions

Redner's operations are organized into three divisions: Redner's Warehouse Market, Redner's Fresh Market and Redner's Quick Shoppe. The total number of Redner's locations is 64.

Redner's Warehouse Market

Redner's warehouse market in Trexlertown, Pennsylvania.

Redner's Warehouse Markets, also known as Redner's, are warehouse-style markets without the need of a store club membership fee. Most locations range from 40,000 and 59,000 square feet (3,700 and 5,500 square meters) in store size. These stores stock general merchandise and a full-service supermarket, selling products such as meat and poultry, baked goods, delicatessen, frozen foods, dairy products, garden produce, and fresh seafood. As of May 20, 2021, there were 42 Redner's Warehouse Market locations in Pennsylvania, Delaware, and Maryland.

Redner's Fresh Market

Redner's Fresh Markets are more conventional supermarkets [9] and are slightly smaller than the size of a Redner's Warehouse Market. These stores offer beer & wine café, full-service food and grocery, and beauty aids/non-foods. As of May 20, 2021, there were 3 Redner's Fresh Markets. The first location opened in the fall of 2019 in Reading, with two more locations (one in Audubon and one in Bel Air, Maryland) opening soon after.[10] There were originally expansion plans to bring the Redner's Fresh Market store concept to a larger amount of existing stores, but these plans were scrapped due to the cost of store upgrades and national labor shortages. [11]

Redner's Quick Shoppe

Redner's Quick Shoppe is a combined gas station and convenience store. Some Redner's Quick Shoppe locations offer Automatic Car Washes and Diesel. As of May 20, 2021, there were 20 Redner's Quick Shoppes.[12]

References

  1. ^ "Redner's Markets, Inc. Company Profile | Reading, PA | Competitors, Financials & Contacts - Dun & Bradstreet". Archived from the original on 2021-04-23. Retrieved 2021-02-22.
  2. ^ Turner, Ford (18 March 2012). "Redner's, 42 years and growing". Reading Eagle. Retrieved 6 May 2022.
  3. ^ "Redner's Markets — About Redner's". Archived from the original on 2008-05-19. Retrieved 2008-05-23.
  4. ^ "Redner's Markets History | Redner's Markets". Redner's Warehouse Markets.
  5. ^ "Earl Redner, founder of grocery store chain, dies".
  6. ^ "Who Killed Gary Redner?". WFMZ.com. Retrieved July 17, 2024.
  7. ^ "Earl Redner Obituary (2017) - West Reading, PA - Reading Eagle". Legacy.com.
  8. ^ "Archived copy". Archived from the original on 2010-09-28. Retrieved 2010-03-05.{{cite web}}: CS1 maint: archived copy as title (link)
  9. ^ "Redner's Announces New Store in Audubon, Pa. | Redner's Markets". Redner's Warehouse Markets. December 12, 2018.
  10. ^ Group, Brad Rhen MediaNews. "Redner's opens Fresh Market store in Lower Providence". The Times Herald. {{cite web}}: |last= has generic name (help)
  11. ^ Acosta, Gina (2021), "REINVENTING REDNER'S", Progressive Grocer, vol. 100, Chicago, pp. 22–23, 26, 28–29, ProQuest 2561106906
  12. ^ "Locations | Redner's Markets". Redner's Warehouse Markets.