Gristedes
CRE Intelligence
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About Gristedes
Gristedes is a well-known supermarket chain with a long history in New York City, dating back to its founding in 1888. For more than a century, the company has served urban neighborhoods, offering a broad selection of groceries and specialty foods. Today, Gristedes operates about 40 stores as of November 2025, with most locations found in Manhattan and a few in other boroughs. The chain is owned by Red Apple Group, a major player in New York’s retail and energy sectors, and is led by John Catsimatidis, a prominent local business leader.
Over the past five years, Gristedes has focused on updating its existing stores and refining its product offerings rather than opening new locations. The company has strengthened its supply chain by partnering with Wakefern Food Corp., which allows it to carry ShopRite private-label goods and a wider range of organic and specialty items. This approach has helped Gristedes stay relevant in a changing grocery landscape, meeting the needs of city residents who value convenience and variety.
Gristedes remains a steady presence in New York’s retail scene, known for its reliable service and deep ties to the communities it serves. Its stores are typically found in high-density, urban areas, where demand for accessible grocery options remains strong. The brand’s ability to adapt and modernize has kept it competitive, making it a familiar and trusted name for shoppers and a stable anchor for landlords and developers in the city’s retail market.
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