WinCo Foods
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WinCo Foods, Inc. | |
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Type | Employee-owned corporation |
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Founded | 1967 |
Headquarters | Boise, Idaho |
Industry | Retail |
Products | Bakery, dairy, deli, frozen foods, general grocery, meat, produce, seafood, snacks, liquor, bulk foods |
Website | http://www.wincofoods.com/ |
WinCo Foods is an employee-owned supermarket business headquartered in Boise, Idaho.
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[edit] History
In 1967 Ralph Ward and Bud Williams opened a discount warehouse grocery store under the name Waremart in Boise, Idaho. WinCo ran stores under the names Waremart Food Centers and Cub Foods before changing its name to WinCo Foods (short for Winning Company) in 1999. However, only one Waremart Foods store still exists in Independence, Oregon. When the company renamed all Waremart and Cub stores to WinCo, they began replacing smaller stores with bigger stores ranging from 70,000 to 90,000 square-feet. As of 2006 WinCo has 54 stores in the states of Washington, Idaho, Nevada, California and Oregon.
The chain has been employee-owned since 1985, when the WinCo Foods Employee Stock Ownership Trust (Employee Pension Plan) purchased a majority interest of WinCo from the Ward family.
Bill Long has served as president of WinCo Foods since 1978.
WinCo currently operates three distribution centers in Woodburn, Oregon, Myrtle Creek, Oregon, and Modesto, California.
[edit] Key People
- William D. Long, Chairman and CEO
- Scott Preece, President and COO
[edit] Trivia
- The letters in "WinCo" correspond with the first letter of each state the company has locations in: Washington Idaho Nevada California Oregon.
- WinCo also stands for "Winning Company"
- 105th largest private company in 2006, according to Forbes