"It probably wasn't an easy thing for him, being so young and dealing with people who'd been there for 20 or 30 years," Margulis said. "It allows the retail operations to interact with Wakefern's professional staff and keep them plugged in to the ultimate consumers," he said. mother. Click Here to Download a PDF of An Interview with Joseph S. Colalillo, Chairman and Chief Executive Officer, Wakefern Food Corp. See other features from LEADERS Magazine's July, August, September 2011 edition. With every new program we roll out, we are committed to providing the best shopping experience for our customers and creating the supermarket of the future,"Colalillo told an audience of nearly 800 people at the Hilton inEast Brunswick. During WWII he was a Corporal in the Marine Corp. After the war he was in the grocery business. Lau is an avid art collector, and in 2017 Forbes has estimated the value of his collection to be a total of $1 billion. An Interview with Joseph S. Colalillo, Chairman and Chief Executive Officer, Wakefern Food Corp. Joseph Colalillo has served as Chairman and CEO of Wakefern Food Corp. since 2005 and as a member of its Board of Directors since 1985. 86% of retail CFD accounts lose money, http://www.prnewswire.com/news-releases/wakefern-food-corp-announces-16-5-billion-in-sales-300738789.html, Registration on or use of this site constitutes acceptance of our. Jean and Joe had 4 children Nancy, Mary Lynn, Joseph and Jane.. In the meantime, these 3 food products stocks are blasting up to higher highs even as the big, widely followed tech and social media stocks are sputtering Children who are exposed to food advertising are more likely to consume high-calorie, low-nutrient foods and beverages, which can contribute to obesity and other health problems. Verified contact information for Joseph Colalillo - Chairman & Chief Executive Officer, Wakefern Food Corporation including email address, phone number and personality insights that will make your sales and marketing efforts much more effective. Colalillo is also President of ShopRite of Hunterdon County, a family-owned business founded in 1957 by his father, Joseph A. Colalillo. "It's a time of great change and challenge in our industry, but we're excited for the journey ahead. We look forward to providing you with even more cutting-edge market research, as Topio Networks. With each passing day, Joseph Colalillo overall profits continue to rise, and he is becoming more popular on the sidelines. Today, it is run by his son, Joseph S. Colalillo, who has watched as the business expanded from one. Related by Industry: Retail and Wholesale. For more information, please visit www.wakefern.com. UNLOCK PROFILE. 1986 - 1989 . Number 8860726. Related People & Companies. Colalillo described it as a key to Wakefern's success. The newly designed, carefully crafted store brands will offer the best assortment of high-quality foods and products at value pricing. How challenging is it for the independent retailer to survive today? Their next six games are against Western Conference teams they'll be battling with for a postseason spot. Colalillo holds a bachelor's degree from Villanova University. Were also known for having the largest variety of any retailer, so with a traditional supermarket, we stand toe to toe; with the mass merchants their variety is limited. How do you best describe Wakefern and its position within the industry? Wakefern shareholders also re-elected to the Board of Directors at Thursday's meeting include: Colalillo, Chairman and CEO; Larri Wolfson, Dominick J. Romano and Irv Glass, Vice Chairmen; Lawrence Inserra, Jr., Treasurer; Jeffrey Brown and Sean McMenamin, Assistant Treasurers; Richard Saker, Secretary, and Ned Gladstein, Nicholas Sumas, and Shawn Ravitz, Assistant Secretaries. Right Price Promisereflects a commitment to everyday low prices on the items customers purchase most frequently. Sheridan was also re-elected as President and COO, and Lane was re-elected as Executive Vice President. Criminal Records. Few people realize all that New Jersey has to offer prospective businesses. As president of three ShopRite stores in Hunterdon County, N.J., Colalillo is one of 42 operators running the 200 ShopRite stores that comprise the retailer-owned cooperative, which has retail sales of $8.4 billion. Hard work has helped him rise to the top. 20 on SN's list of the top 75 food retailers in the U.S., grants each of its members equal input regardless of its size. The members of the selection committee are all recipients of the Distinguished Eagle Scout Award. If you know (Joseph's) schools, please add them here, for free, Work. He is a member of the New Jersey Food Councils Board of Directors and received its Lifetime Achievement Award in 2005. We have our ShopRite Partners In Caring program and weve donated more than $24 million in the fight against hunger since 1999. Each of the recipients had risen to a state of national prominence and distinction in their field. Colalillo serves as Chairman of the Food Marketing Institutes Food Safety Committee and was recently named to the Board of Directors of Choose New Jersey. President and CEO Joseph Colalillo. KEASBEY, N.J., Oct. 26, 2018 /PRNewswire/ --Wakefern Food Corp. Chairman and CEO Joseph S. Colalillo, President and COO Joe Sheridan and Executive Vice President Chris Lane addressed Wakefern shareholders, store management and staff at the company's annual shareholder meeting October 25 in East Brunswick, NJ. Only the local council of the Eagle Scout's primary residence may nominate. Your email address will not be published. "Wakefern is full of strong negotiators, and in order to get things done you really have to fight.". The CEO and chairman of Wakefern Food Corp, the country's largest retail-owned cooperative and one of the largest employers in NJ, he also is president of Shop-Rite of Hunterdon County, a family-owned business since 1954. Year: Net Worth: 2019: $25 Million : 2020: $25.5 Million: 2021: Joseph Colalillo passed away at age 56 years old in June 1985. The rebranded stores in Allentown, Bethlehem and Secane focus on special deep discounts while offering more organics, more fresh foods, more convenience and better value. Today, we compete with multi-national firms who benefit from economies of scale. 5 things: Instacart pushes into Amazon and Walmart territory, The SN Retailer Survey results: These are your concerns for 2023. In terms of the environment, our customers reused 55 million bags in 2010, saving $2.6 million off their grocery bills from our incentives to reuse bags. "We face competition from all formats," he said. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. Aanika Biosciences has married the worlds of synbio and insurance to provide companies security to innovate freely. Together, were the largest retailer-owned cooperative in the country, were the market leader in the New York Metropolitan area, and were now the market leader in the greater Philadelphia region, as well. Terrible insurance policies often prevent innovative new ideas from penetrating the food and beverage industry. One of our members, Village Supermarkets, is a publicly traded company, but its still majority owned by a family who is engaged in the business every day. Before becoming Chairman, he served as the company's Vice Chairman from 1999 to 2005. While he values face-to-face contact, Colalillo also has been quick to take advantage of the convenience technology offers. Kroger and Albertsons merger: What lies ahead. We meet with our clients in their . Founded in 1946, the cooperative comprises 50 members who today independently own and operate 352 supermarkets under the ShopRite, The Fresh Grocer, Price Rite Marketplaceand Dearborn Market banners in New Jersey, New York, Connecticut, Pennsylvania, Maryland, Delaware, Massachusetts, New Hampshire, Rhode Island and Virginia. Average Age & Life Expectancy Joseph Colalillo lived 22 years shorter than the average Colalillo family member when he died at the age of 51. He also cited the rollout earlier this month of a new format and reimagined shopping experience at three Price Rite Marketplace pilot stores in Pennsylvania. This year, he became the youngest recipient of NJFC's top honor, its Lifetime Achievement Award. Colalillo also serves as vice chairman of the Food Marketing Institute, is a member of its finance and long-range planning committees and chairs its independent operator advisory board. Romaine Bostick breaks down the day's top stories and trading action leading into the close. Kroger and Albertsons merger: What lies ahead? We want to make sure you get the most out of our platform. Joseph Colalillo; New Jersey; Hackettstown; Joseph M Colalillo; Joseph M Colalillo, Age 55. aka Josep Colalillo. Podcast: Why is Amazon struggling in grocery? var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Joseph Colalillo is a well-known figure in the world of media. As of February 2023, Joseph Lau's net worth is estimated to be roughly $7.2 Billion. 2023 Advance Local Media LLC. More than 1,000 American officials reported illnesses around the world. Nov 2009 - Oct 20189 years. All totaled, were a $12-billion supermarket company, which ranks us about 12th in the country. Why? "I'm absolutely prepared," said Colalillo, who succeeded Thomas Infusino after Infusino's 34-year tenure in the role. Maria Colalillo. The impact of legislation and regulation is greater today than ever before, Colallio said. This award is granted to Eagle Scouts who, after 25 years, have distinguished themselves in their life work and who have shared their talents with their communities on a voluntary basis. The company reported retail sales of $16.6 billion for the 52-week fiscal year ending September 28, 2019, a 0.7% increase from the prior year. www.vbprofiles.com is now www.topionetworks.com. Same platform but with new and improved features. Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Use Forbes logos and quotes in your marketing. There are 2 professionals named "Joseph Colalillo", who use LinkedIn to exchange information, ideas, and opportunities. For work these days, Joseph is an Associate at Brown Brothers Harriman. The Colalillo family owns and operates three ShopRite stores located in Flemington, Greenwich, and Clinton, New Jersey, and together, these stores employ more than 1,100 associates. Joseph S. Colalillo, chairman and CEO of Wakefern Food Corporation, will be awarded the Distinguished Eagle Scout Award by the Boy Scouts of America's Washington Crossing Council on Thursday, Oct. 11. 1 market-share position in New Jersey -- with its stores averaging weekly sales of $864,000 -- Colalillo anticipates competitive challenges there and in the New York, Pennsylvania and Delaware markets in which it operates. We also participate in Special Olympics NJ, the Susan G. Komen Race for the Cure, and support thousands of other charities that are focused on hunger, health and wellness, and education. Before becoming Chairman, he served as the company's Vice Chairman from 1999 to 2005. Submitted by Washington Crossing Council, Boy Scouts of America. America's Best Employers By State (2021) Dropped off in 2022. After weeks of testing, these are the three best air fryers for whipping up crispy, crunchy foods. In addition to his role at Wakefern, Colalillo is president of three ShopRite stores in New Jersey, and serves on the board of state and national trade groups. As a retailer-owned cooperative, we have 47 members who independently own and operate their stores. The Colalillo family owns and operates five ShopRite stores located in Flemington, Greenwich and Clinton; and Yardley and Bethlehem, Pennsylvania. father. Hackettstown, New Jersey, United States. Joe Sheridan recapped Wakefern's accomplishments over the past year and noted future plans to open and remodel more stores in 2019 while expanding and enhancing e-commerce. 3 in Wholesalers in SN's 2013 Power 50. Colalillo is also President of ShopRite of Hunterdon County, a family-owned business founded in 1957 by his father, Joseph A. Colalillo. "Wakefern and our supermarket banners, ShopRite, Price Rite Marketplace, The Fresh Grocer and Dearborn Market, are always working to innovate and elevate the customer experience. "We are ready to deliver to the next generation of shoppers the products and store experience that will make ShopRite their market of choice for their family meals, foods on-the-go and grocery needs.". He will be honored at the Sergeantsville Fire Company located at 761 Sergeantsville Road, Sergeantsville. Joseph is now married. Joseph Colalillo passed away at age 51 years old on September 3, 1996. He will remain active in the cooperative and his own family company, which operates the ShopRite of Little Falls," noted Colalillo. Joseph Colalillo, chairman and CEO of Wakefern Food Corp., is ranked No. In some ways, things havent changed much since our founding some 65 years ago. In 1958, when the microchip was invented nearby in Union County, the first American satellite was launched and . Wakefern also distributes products to other supermarkets throughout the northeastern United States and Bermuda. Supermarket News is part of the Informa Connect Division of Informa PLC. Other family members and associates include Timothy Vocke, Richard Vocke, Armand Christopher, Frederic Vocke and Lois Vocke. We've got a lot of great members, and it's important to be inclusive. Joseph Colalillo has served as Chairman and CEO of Wakefern Food Corp. since 2005 and as a member of its Board of Directors since 1985. ShopRite's planned launch of Bowl & Basket and Paperbirdfood and household lines next month will kick off a transformation of the retailer's own brands. Joseph can be contacted by email at joseph.colalillo@hotmail.com Main Address : 450 E Baldwin St, Hackettstown, NJ 07840 Single Family, Off street, Attached Garage, 4 spaces Five bedrooms, Three bathrooms Lot Size - 0.29 acres, Floor Size - 2,727 sqft Parcel ID# 0800013000000005 Last Sale Jan 1998 - Price $160,000 County: Warren County Lately, his popularity is flying in the sky. President @ Daily Money Manager Services LLC; Associate @ Brown Brothers Harriman; Education. 5 in the Trending 10 and No. Market 57 will house 15 vendors recommended by the James Beard Foundation. We recognize that more and more, our customers are migrating online and to the convenience of their mobile devices, Colalillo told SN. Retail and Wholesale. ShopRite of Hunterdon County employs more than 1,800 associates across all its ShopRite stores in New Jersey and Pennsylvania. "We are embracing change because customers are embracing change the way they shop, the way they work and the way they live," Sheridan noted. Creating a customer experience that exceeds our customers needs and expectations is a daily goal. "Joe was recognized because of his efforts to advance the mission of the Food Council, his significant food business accomplishments and his history of civic service with the communities that he serves," said Linda Doherty, president, NJFC. The largest retailer-owned cooperative in the United States, Wakefern opened four new ShopRite stores and two Price Rite Marketplace stores during the sameperiod. The company reported retail sales of$16.6 billionfor the 52-week fiscal year endingSeptember 28, 2019, a 0.7% increase from the prior year. Jennie DiNunzio . "Both Tom and my dad grew up in a whole different world," Colalillo said. Because our members are entrepreneurs, many of them second- or third-generation retailers who have their own vision for their business, they can design their stores and offer a mix of products that reflect their community. "Supermarkets like Wegmans and Price Chopper are entering our markets. Phone & Email (10) All Addresses (4) Family (5) Social (1) Court (2) And More; Phone & Email (10) We found 10 phone numbers and . Joseph S Colalillo, Joseph A Colalillo, Joseph Colallilo, Josep Colalillo, Jos A Colalillo. "We welcome Tom to the board and look forward to working with him and all the Board members to shape the course of our cooperative's future.". Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. He is a member of the New Jersey Food Councils Board of Directors and received its Lifetime Achievement Award in 2005. The foundation will also occupy the venue with an anchor kiosk. Gerrity's Supermarkets, owned by the Fasula family, has joined the cooperative as Wakefern's 48th member. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. ", Additional snippets of advice from Colalillo's predecessor are never more than a phone call away. It must be working because even as competition gets tougher, Keasbey, N.J.-based Wakefern posted a 6.4% gain at the end of its fiscal year, bringing retail sales to $13.6 billion. So when it came time for the 43-year-old, second-generation Wakefern member to take the helm of the country's largest supermarket co-operative in May, he did so without reservation. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Follow @SN_News for updates throughout the day. "I'm absolutely prepared," said Colalillo, SN Top 10: Hy-Vee, Walmart, Lidl top the weeks headlines, SN Top 10: Amazon, Walmart, Smart & Final top the week's headlines, SN Top 10: Publix, Kroger, Albertsons top the weeks headlines, SN Top 10: Aldi, H-E-B, Walmart top the week's headlines, 2023 Informa USA, Inc., All rights reserved, Associated Wholesale Grocers extends its partnership with Givex, The Save Mart Cos. revives movie promotion, Supermarkets capitalize on meal kit craze, Indoor farming, producers of salad kits, showing signs of struggle. He has stuck to that vow. So our point of differentiation comes from our proximity to the customer and our relationship with our associates. By moving to everyday value pricing on key items, customers can count on ShopRite as their one-stop shopping destination. Key development: Assumed top spot at Wakefern.What's next: Dealing with leadership transition, competitive challenges.Joseph S. Colalillo practically grew up in a grocery store.So when it came time for the 43-year-old, second-generation Wakefern member to take the helm of the country's largest supermarket co-operative in May, he did so without reservation. What hasn't changed for Wakefern is our commitment to helping small businesses succeed in a big business world," added Lane. Cookie Settings/Do Not Sell My Personal Information. Email Address: j FVEE @verizon.net +6 emails. Joseph Colalillo of Whitestone, Queens County, New York was born on January 15, 1945. (Podcast). As the merchandising and distribution arm of both ShopRite and PriceRite, Wakefern, together with its member companies, employ more than 50,000 people, making it one of the largest employers in New Jersey. Joseph COLALILLOwas born circa 1909, at birth place, Pennsylvania, to Serafino COLALILLOand Maria Giuseppa COLALILLO (born FARRACE). Other names that Joseph uses includes Joseph S Colalillo, Joseph A Colalillo, Joseph Colallilo, Josep Colalillo and Jos A Colalillo. To access all the content for free, please sign up by entering your email. Other members focus on delivering natural and organic products. Colalillo holds a Bachelors degree from Villanova University. Joseph Colalillo lives in Stockton, NJ; previous cities include Flemington NJ, Avalon NJ and Bound Brook NJ. On a member-by-member basis, we challenge ourselves to get better.. Owner: colalillo, joseph Tax Year: 2016 Tax Amount: $10176.84 Total Market Value: $349,000 Sale Price: $160,000 +Edit Current Address 45*** **** St, HACKETTSTOWN, NJ 07840-1423 View Address Year Built: 1973 Garage Size: 1 Property Lot Size: 12502 SF Building Area: 2727 Owner: colalillo, joseph Tax Year: 2018 Tax Amount: $10553.76 Wakefern President and COO Joe Sheridan said technology plays a key role in the push forward, with the company incorporating capabilities that elevate the customer experience both in store and online.