March 03, 2015 11:08 AM ET

Food and Staples Retailing

Company Overview of Meijer, Inc.

Company Overview

Meijer, Inc. operates supercenters and grocery stores in Michigan, Ohio, Indiana, Illinois, and Kentucky. The company offers fresh produce and meat products, as well as pharmacy, electronics, garden, and apparel products; gift cards; online photo services; and fleet service cards, healthy living, credit card services, and community rewards. It also operates gas stations. The company was founded in 1934 and is based in Grand Rapids, Michigan. Meijer, Inc. operates as a subsidiary of Meijer Companies, Ltd.

2929 Walker Avenue NW

Grand Rapids, MI 49544-9424

United States

Founded in 1934

Phone:

616-453-6711

Fax:

616-791-2572

Key Executives for Meijer, Inc.

Co-Chairman and Co-Chief Executive Officer
Age: 62
Vice Chairman and Co-Chief Executive Officer
Age: 59
President
Chief Financial Officer
Senior Director of Communications
Compensation as of Fiscal Year 2014.

Meijer, Inc. Key Developments

Meijer Announces Wisconsin Store Openings; Announces Store Directors

More than 2 years after Meijer first publicly confirmed it was considering opening stores in the state of Wisconsin is in the home stretch of construction of its four new supercenters in the greater Milwaukee area. The company has confirmed that its stores in Grafton and Kenosha will open this June, and its stores in Oak Creek and Wauwatosa will follow in August. Each store will open with a ribbon-cutting ceremony attended by local officials and store team members. Those specific dates will be announced about six weeks prior to the ribbon-cutting event. The Kenosha and Oak Creek Meijer stores will also feature a convenience store and gas station, which will open about 30 days prior to the main store, in May and July respectively. The new supercenters in Grafton, Kenosha, Oak Creek and Wauwatosa will feature fresh produce, meat and dairy delivered seven days a week, and a bakery that offers fresh bread baked four times daily. As Meijer stores are open 24 hours a day, customers will have access to these offerings around the clock. In addition to traditional grocery and merchandise offerings, the stores will also feature a pharmacy offering the company’s free prescription program, as well as clinical services and immunizations designed to promote family health. Initial hiring for leadership positions is underway at each of the four Milwaukee-area stores, the retailer plans to begin the hiring of more than 1,000 new team members in March. The hourly positions will be part- and full-time across a wide array of skill sets, but ideal candidates will possess a desire to develop as part of the Meijer team and provide exceptional customer service. Meijer has plans for additional stores in the greater Milwaukee area and throughout the state, and has stated it plans to open two to three new Wisconsin stores each year for the next four years. Milwaukee Market Director Chris Hoffmann said store directors have already been identified. Longtime Meijer team members Polly Emelander and Tom Livernois, who’ve both held numerous leadership positions, have been named as the Oak Creek and Wauwatosa store directors, respectively. Wisconsin native Steve Talbert has been selected as the Grafton store director, and longtime Meijer Store Director Don Mettler has been selected as the Kenosha store director.

Meijer Seeks Greenfield Approval to Build Store at Former Mount Carmel Site

Meijer Inc. is seeking Greenfield's approval to build a new store and gas station at South 60th Street and West Layton Avenue to replace the vacant Mount Carmel nursing home. Meijer's plan recently submitted to the city confirms reports in March that the company was eyeing the Ventas site, which was formerly the Mount Carmel nursing home. The company would redevelop the 22.5-acre property with an almost 193,000-square-foot store with groceries, home goods, a drive-up pharmacy and garden center. The project will go to the Greenfield Plan Commission on Aug. 12. The next day, Meijer's proposed store in Waukesha at 831 E. Sunset Drive will undergo a review at that city's Plan Commission. Those stores are the latest in Meijer's push to enter the Milwaukee area, where it has stores under construction in several communities, including Wauwatosa.

Meijer Continues to Invest in Detroit's Revitalization with A Second Detroit Store

Less than a year after Meijer opened a supercenter at the historical Michigan State Fairgrounds on 8 Mile Road and Woodward Avenue, the retailer continued its investment in the city of Detroit with a formal groundbreaking ceremony for a second supercenter to be located at the site of the former Redford High School on the city's west side. The planned supercenter represents the retailer's commitment to the city and its residents, as well as its philosophy of serving the needs of families by providing quality merchandise, fresh produce and a full-service, drive-thru pharmacy that puts family health care first. Located at Grand River Ave. and McNichols Road, the planned northeast Detroit store is expected to create up to 500 jobs and will embody the commitment to community that has guided the family-owned retailer over the years. Meijer donates more than 6% of its net profit each year to charitable organizations, including food banks and pantries. The company also partners with local farmers and businesses, when available, to provide locally-grown produce and other local products.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 4, 2014
Meijer, Inc., Existing Portfolio of Co-Brand and Private Label Credit Card Customers
 

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