Nicholas Markets operates four stores in North Haledon, Cedar Grove, Colonia and the Township of Washington, New Jersey under the Foodtown banner. Upon their conversion, the stores will be rebranded as The Fresh Grocer, a Wakefern trademark. Currently there are nine The Fresh Grocer stores, with eight stores located in the greater Philadelphia area and one in Wilmington, Delaware.
The Maniaci family formerly were part of the Allegiance Retail Services LLC cooperative, operating Nicholas Markets as Foodtown. Nicholas Markets was founded in 1943 by Rocco and Nicholas Maniaci, grandfather and father of David Maniaci, current president and CEO of Nicholas Markets Inc.
“The competitive landscape in New Jersey has grown fierce in recent years,” said Maniaci. “I believe Wakefern’s deep roots in the state will help me navigate this and other challenges facing the supermarket industry. I leave the Foodtown cooperative at a time when it is strong and thriving. It has seen significant growth to its membership base and store count over the past decade.”
Joseph Colalillo, Wakefern’s chairman and CEO, said, “We are excited to welcome another member into our Wakefern family. Nicholas Markets is a strong addition to our cooperative. David and his associates are deeply committed to serving their communities and providing exceptional quality and fresh prepared foods to their customers.”
From a small, local cooperative that began with eight grocery store owners, Wakefern Food Corp. has grown into the largest retailer-owned cooperative in the United States. Founded in 1946, the Keasbey, New Jersey-based cooperative comprises 51 members who today independently own and operate 353 supermarkets under the ShopRite, The Fresh Grocer, Price Rite Marketplace, Gourmet Garage and Dearborn Market banners in New Jersey, New York, Connecticut, Pennsylvania, Maryland, Delaware, Massachusetts and Rhode Island. Together with its member companies, Wakefern employs more than 70,000 people and is one of the largest employers in New Jersey.