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Weis Markets’ 2014 Growth Plan Totals $101M


Weis Markets said last week that it plans to invest $101 million in its growth program in 2014.

President and CEO Jonathan Weis briefed shareholders on the company’s plans during Weis Markets’ annual shareholders meeting April 24.

“Since 2008, we have invested more than $500 million in our growth and improvement programs. During this period, we completed more than 100 projects,” said Weis. “This year, we plan to invest $101 million in growth and expect to complete work on 16 projects.”

Weis said the company opened four stores in 2013, in Woodlawn and Towson, Md., Hillsborough N.J., and Huntingdon Valley, Pa.

Weis also discussed company initiatives such as its supply chain, including plans to expand its 1.1 million-s.f. distribution center in Milton, Pa., this year.

“As a company that self-distributes, our supply chain is a vitally important area for us,” he said. “Over the last year, we have increased our focus on maximizing efficiency by driving millions of dollars of cost out of the system, while maintaining our high standards for store service. This has helped us reduce store-level inventories and improve freshness.”

Sunbury, Pa.-based Weis Markets operates 166 stores in Pennsylvania, Maryland, New Jersey, New York and West Virginia.

In the feature photo at top is Weis Markets President and CEO Jonathan Weis.

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