Part
01
of one
Part
01
What is Raley's (Supermarket)'s senior management saying about company priorities, opportunities for growth, and new markets for expansion? Please examine recent media coverage, earnings call transcripts, and any other statements available online.
Hello! Thanks for your question about what Raley’s senior management is saying about company priorities, opportunities for growth and new markets for expansion. The short version is that Raley's often prioritizes their vision about providing healthy food choices to the community. As for their growth and expansion, there are several new developments they announced especially in the Bay Area and Sacramento County. Below you will find a deep dive of my findings.
RALEY’S COMPANY PROFILE
Raley's headquarters is found in West Sacramento, California, USA. It was founded in 1935 and has an estimated 12,058 employees.
RALEY’S REVENUE
Raley's revenue is estimated at $3.2 billion as of 2015. On the Forbes Lists, Raley's was ranked 135th for America's Largest Private Companies and 169th for America's Best Employees last year.
NEWS/ HIGHLIGHTS ABOUT RALEY'S NEW DEVELOPMENTS
The following are some new developments announced/ launched by Raley's:
RALEY’S NEW PRESIDENT
Raley's Chief Operating Officer, Keith Knopf is now also the president of the company (as of February). Michael Teel, the previous president, remains the owner and CEO of Raley's. Teel explained that he will be spending more time promoting healthy food for the community.
EXPANSION OF DIGITAL CUSTOMER EXPERIENCE TO BAY AREA STORES
Growth opportunities: Raley's launched an eCart program expansion last March in some of their Bay Area stores. This is said to improve online orders and help solve pickup issues in existing locations which are eCommerce enabled.
The eCart program gives shoppers the convenience of faster delivery and a customized, time-efficient shopping experience. This grants shoppers and customers in 95 stores access to online grocery shopping that can be picked up at Raley's, Nob Hill Foods or Bel Air Market centers.
RALEY’S: RECOGNIZED AS INDEPENDENT RETAILER OF THE YEAR (2017)
Raley's was recently named by Grocery Headquarters magazine as Independent Retailer of the Year 2017. Raley's, according to Grocery Headquarters, provides world-class customer service, clean and organized stores, and according to customers, they are the "gold standard" for grocery stores.
Company’s Priorities: According to Raley’s vision statement, they aim to transform the organization by infusing life with health and happiness. Their growth strategy is to move to new markets in the Sacramento region as well as in Nevada and Bay Area. Four new stores are expected to be opened by next year which will create about 300 jobs.
LOCAL DONATIONS RECEIVED AFTER OPENING OF MURIETA MARKET BY RALEY'S
Murieta Market by Raley's was opened last January 14 and was welcomed by the community in Rancho Murieta. Huge donations of goods were given to the Sacramento Food Bank and Family Services as well as Consumnes River Elementary School. This included pencils, scissors, markers, and more.
According to Becca Whitman, the Community Relations Manager of Raley's, they are proud to support communities where they operate and are looking forward to establishing a good relationship with Rancho Murieta.
RALEY ANNOUNCED A NEW DEVELOPMENT IN EASTERN SACRAMENTO COUNTY
A new development, Rancho Murieta will open in a new location in the Sacramento County community. According to Michael Teel, owner and CEO of Raley's, Rancho Murieta is an important addition to their strategic growth plan. This new development will help their vision, which aims to bring health & wellness to their customers.
RALEY’S NEW FLAGSHIP STORE IN TRUCKEE
Raley's is developing a new retail store found on Highway 267, near the Truckee Airport in the town of Truckee in the county of Nevada. Raley's president, CEO, and owner, Michael Teel said that they want to serve the Truckee community as the company is moving forward on the journey to health and wellness.
CONCLUSION
To wrap it up, according to their CEO and owner, Michael Teel, Raley's continues to pursue the journey for health and wellness by providing healthy food to the community. Their new developments involve having a new president, a new retail store, and expanding programs. Thanks for using Wonder! Please let us know if we can help with anything else!