Understanding Wakefern Food Corporation and Industry Terminology

Wakefern Food Corporation is a cooperative of family-owned businesses, with over 50 member companies.

Their cooperative model allows them to pool resources and work together to achieve common goals.

Wakefern's member companies are primarily grocery stores, with some also operating their own manufacturing facilities.

These member companies are responsible for sourcing and distributing Wakefern's private-label products.

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Wakefern Food Corp. has a significant annual revenue, reaching $18.6 billion in 2025.

The company's financial performance has been substantial in recent years, with a notable revenue milestone achieved in 2025.

This revenue figure indicates the company's strong market presence and ability to generate substantial income from its operations.

Wakefern Food Corp. has established itself as a major player in the industry, with a significant annual revenue that reflects its success.

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Wakefern Food Corporation is a cooperative, which means it's owned and controlled by its member companies, including ShopRite.

In the grocery industry, a cooperative is a business owned and operated by its members, who share resources and expertise to achieve common goals.

The company's cooperative structure allows its member companies to pool their resources and negotiate better deals with suppliers, ultimately benefiting their customers.

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The NAICS code for Wakefern Food Corp. is 4451, 44511, 44, and 445.

A NAICS code is a six-digit number used to classify businesses by industry.

Wakefern Food Corp.'s NAICS code is 4451, which falls under the broader category of 445.

The company's specific code, 44511, indicates that it operates within the grocery store industry.

NAICS codes like these are used by the US Census Bureau to track economic data and classify businesses.

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A SIC code is a four-digit number that represents a specific industry or business activity.

Wakefern Food Corp. has a SIC code of 54, which refers to a grocery store.

SIC codes are used to categorize businesses for statistical and regulatory purposes.

The SIC code for Wakefern Food Corp. is also 541, which is a more specific category for a grocery store.

Understanding SIC codes can help you identify the industry or business activity of a company.

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A CIO, or Chief Information Officer, is the top technology executive in an organization. Cheryl Williams is a great example of this, serving as the CIO of Wakefern Food Corp.

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Their primary role is to lead the organization's technology strategy and ensure that it aligns with the company's overall goals. This includes overseeing the development and implementation of new technologies.

CIOs are responsible for managing the organization's IT infrastructure, which can include everything from computer systems to data storage. Cheryl Williams' expertise in this area is likely crucial to Wakefern Food Corp.'s success.

In addition to managing technology, CIOs often serve as advisors to the organization's leadership, providing guidance on how technology can be used to drive business results. This can involve making strategic decisions about investments in new technologies.

The CIO position requires a unique blend of technical expertise and business acumen, as well as strong leadership and communication skills. Cheryl Williams' experience in this role is a great example of what it takes to be a successful CIO.

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