Richard Saker: Architect of New Jersey’s Largest Grocery Empire
Richard Saker’s journey in the grocery industry began in Freehold, New Jersey, where he grew up helping out at his family’s store. Today, he stands as the CEO of Saker ShopRites, the largest ShopRite operation in the state, with 39 stores and a team of over 8,000.
Saker’s business acumen and family legacy have driven this expansion, solidifying Saker ShopRite’s position as New Jersey’s supermarket powerhouse.
Building a Grocery Empire with Strategic Acquisitions
One key to Saker’s success has been his ability to make strategic acquisitions, including the recent purchase of seven Perlmart stores in Ocean County. This move further cements Saker ShopRite’s dominance in the local market, benefiting both residents and the Jersey Shore community.
Community Involvement and Industry Leadership
Beyond business success, Saker is deeply committed to giving back to his community. Saker ShopRite supports over 1,300 non-profit organizations in New Jersey, demonstrating its dedication to the well-being of the Garden State.
Saker’s leadership also extends to the industry level. As the Chairman of the Board of the New Jersey Food Council, he actively works to advance the state’s food industry and support the local food economy.
Economic Powerhouse and Social Impact
Saker ShopRite’s success has a significant impact on New Jersey’s economy. With over 8,000 employees, the company plays a vital role in the state’s retail workforce.
Its charitable efforts, community involvement, and strong economic impact make Saker ShopRite more than just a supermarket chain. It is a local institution that enriches the lives of New Jersey residents.
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