Wegmans Business Plan

Superior Essays
Wegmans Food Markets, Inc. can be described as an innovational leader in a competitive grocery store market. Wegmans is headquartered in Rochester, NY; with over seventy stores mainly in Rochester, Buffalo and Syracuse; they also have locations in the states of New York, New Jersey, Pennsylvania and Virginia. The chain offers a spacious floor layout of 100,000 square feet; which, sometimes is double or even triple the size of the average supermarket. With 37,000 employees, usually 500 to 600 employees per superstore; and annual sales of over $3 billion, Wegmans produces fifty percent higher sales per square feet than their competitors in the industry. This luxurious superstore grocer can be a one-stop shop, offering movie rentals, in-store …show more content…
Wegmans produce department is a step above the rest with the “farm to market” system where the farmer does not ship their produce to the warehouse but to the actual chain, this lets Wegmans offer fresher produce, and reduces labor cost so the company does not need to transport the product from the warehouse back to the store and reducing the time the product sits on the shelf. Wegmans has also opted to use specially designed containers that go directly on the floor to keep from bruising or damaging the produce. Customers, especially when concerning produce want fresh products that are well taken care of. The meat department offers both fresh and frozen meat products with the butchering of the product taking place at their full-service butcher shop, this allows for a high quality of product. Analyzing store operations constantly might seem like a redundant task but Wegmans has made a commitment to not settle for good, instead strives to be the best; which in return customers appreciate even if it is …show more content…
The physical layout of products in the supermarket is important as well, placing high demand products in the middle of stores can raise the rate of purchase of this product as opposed to only offering this product in location of the stores where they can be easily overlooked. The layout of the store is also important for effective use of workers and equipment (Stevenson, 2012), if there is too many obstacles for workers such as employees that stock the shelf can lead to wasted time. Strategically placing products with other similar products or products that go hand in hand is important, this can lead to customer satisfaction because they are not wasting their time looking for the products, for example you would want to keep all of the baby products together so the customer is not going to one end of the store for diapers, and the other end of the store for the baby food. Layout is important for the employees stocking the shelves for the same reason. Scheduling of inventory, and employees is essential, as with inventory if there is not enough employees on hand then the company cannot run successfully; Wegmans has between twenty-five and thirty-five checkout lanes, if the store hits a busy period and there is not enough

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