Shop Rite

300 Locations
Keasbey, New Jersey
Founded 1940
50,000 Employees

CRE Intelligence

selectively_expanding
300
Total Locations
10
RE Data Points
4
RE Contacts

Company Information

Phone
(555) 123-4567
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Email
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Fax
(973) 589-3861
Headquarters
5000 Riverside Drive, Keasbey, New Jersey, 08832

Site Requirements

Standard Prototype

Square Footage
2,500 - 3,500 SF
Parking
25 spaces
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About Shop Rite

ShopRite is a well-established supermarket operator in the northeastern United States, with a history that dates back to 1940 when Nathan Gladstein opened Sunrise Market in Caldwell, New Jersey. The business took a significant step forward in 1951 by joining the Wakefern Food Corporation cooperative, which led to the creation of the ShopRite brand and set the foundation for its long-term growth. One of the company’s earliest and most enduring locations opened in West Caldwell, New Jersey, and has remained a fixture in the community for decades.

As of November 2025, ShopRite operates more than 300 stores across New Jersey, New York, Connecticut, Pennsylvania, Delaware, and Maryland. The company functions as a cooperative, where independent owners manage individual stores while benefiting from the resources and purchasing power of Wakefern Food Corp. This structure supports local ownership and entrepreneurship, while also providing the consistency and reliability associated with a major grocery chain.

Over the past five years, ShopRite has focused on expanding and modernizing its store base. The company has invested in upgrading existing locations, introducing new prepared food concepts, and enhancing digital shopping options. Recent openings, such as the new store in West Caldwell, New Jersey in November 2025, reflect an ongoing commitment to growth in high-traffic corridors and core markets. Both independent owners and Wakefern corporate initiatives drive these expansion efforts, with a strong emphasis on integrating stores into their local communities.

ShopRite’s reputation for community engagement, its range of store formats, and its continued investment in modernization have made it a reliable anchor for retail centers throughout the Mid-Atlantic and Northeast. The brand’s steady growth and adaptability position it as a credible and stable tenant for landlords, brokers, and developers seeking to attract consistent foot traffic and long-term value to their properties.

Real Estate Requirements

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Development Contacts (4)

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Shop Rite Locations