Full Summary. Owner: colalillo, joseph Tax Year: 2016 Tax Amount: $10176.84 Total Market Value: $349,000 Sale Price: $160,000 +Edit Current Address 45*** **** St, HACKETTSTOWN, NJ 07840-1423 View Address Year Built: 1973 Garage Size: 1 Property Lot Size: 12502 SF Building Area: 2727 Owner: colalillo, joseph Tax Year: 2018 Tax Amount: $10553.76 The Colalillos recently welcomed a new granddaughter to their family. Market 57 will house 15 vendors recommended by the James Beard Foundation. As a retailer-owned cooperative, we have 47 members who independently own and operate their stores. Together with its member companies, Wakefern employs more than 70,000 people, and is one of the largest employers in New Jersey. Year: Net Worth: 2019: $25 Million : 2020: $25.5 Million: 2021: The members of the selection committee are all recipients of the Distinguished Eagle Scout Award. Forbes Lists. The company reported record retail sales of $16.5 billion for the 52-week fiscal year ending September 29, 2018, a 1.6 percent increase from the prior year. /sites/all/themes/penton_subtheme_supermarketnews/images/logos/footer.png. Colalillo described it as a key to Wakefern's success. For more information or to purchase a ticket, visithttps://bsawcc.org/desa or call 215-348-7205, ext. Wakefern Executive Vice President Chris Lane reported on the recent launch of ShopRite's new Right Price Promise, and plans to introduce two new innovative store brands, Bowl & Basketand Paperbird,in November. Despite the generation gap, Colalillo and Infusino, 84, converse on a weekly basis. "Wakefern and our supermarket banners, ShopRite, Price Rite Marketplace, The Fresh Grocer and Dearborn Market, are always working to innovate and elevate the customer experience. As the merchandising and distribution arm of both ShopRite and PriceRite, Wakefern, together with its member companies, employ more than 50,000 people, making it one of the largest employers in New Jersey. UNLOCK PROFILE. Joseph has a reported annual income of $100 - 149,999 and a current net worth value of greater than $250,000 - $499,999. Retail and Wholesale. Colalillo is also President of ShopRite of Hunterdon County, a family-owned business founded in 1957 by his father, Joseph A. Colalillo. Colalillo holds a Bachelors degree from Villanova University. When we look at our go-to-market strategy, community is a big piece of it. All Rights Reserved 2021-2022 - Reunion.com. A father of four, Colalillo resides in Delaware Township with his wife Jeannie, where they have lived for the last 22 years. Supermarket News is part of the Informa Connect Division of Informa PLC. As the merchandising and distribution arm for ShopRite stores, Wakefern is the largest retailer-owned cooperative in the country and one of the largest employers in New Jersey. Together, were the largest retailer-owned cooperative in the country, were the market leader in the New York Metropolitan area, and were now the market leader in the greater Philadelphia region, as well. Number 8860726. We look forward to providing you with even more cutting-edge market research, as Topio Networks. This achievement has led to his being one of the worlds wealthiest men. Joseph Colalillo is 61 years old and was born on 07/01/1961. About Wakefern Food Corp.From a small, local cooperative that began with eight grocery store owners, Wakefern Food Corp. has grown into the largest retailer-owned cooperative in the United States. Key development: Assumed top spot at Wakefern.What's next: Dealing with leadership transition, competitive challenges.Joseph S. Colalillo practically grew up in a grocery store.So when it came time for the 43-year-old, second-generation Wakefern member to take the helm of the country's largest supermarket co-operative in May, he did so without reservation. Hackettstown, New Jersey, United States. We have our ShopRite Partners In Caring program and weve donated more than $24 million in the fight against hunger since 1999. Colalillo also announced the retirement of Chuck Infusino, president of Little Falls ShopRite Supermarkets, Inc., from Wakefern's Board of Directors and the addition of Tom Cingari, a partner in Grade A Market, CT. "We thank Chuck for his service and commitment to the Board. Ron Margulis, managing director, RAM Communications, Cranford, N.J., attended a Wakefern training program with Colalillo that's designed to familiarize second-generation Wakefern members with the company. Food systems are major contributors to climate change. We still have to deal with traditional competitors like A&P and Pathmark, as well as alternative formats like CVS, Wal-Mart and Target.". Average Age & Life Expectancy Joseph Colalillo lived 17 years shorter than the average Colalillo family member when he died at the age of 56. 2023 Forbes Media LLC. to help them improve their Reputation, Court, Arrest or The company is focused around sustainability with the environment and community involvement. The CEO and chairman of Wakefern Food Corp, the country's largest retail-owned cooperative and one of the largest employers in NJ, he also is president of Shop-Rite of Hunterdon County, a family-owned business since 1954. Lau owns a 61% stake in Chinese Estates Holdings, and his fortune is estimated by Forbes at $15.1 billion as of April 2017. "It allows the retail operations to interact with Wakefern's professional staff and keep them plugged in to the ultimate consumers," he said. "I'm absolutely prepared," said Colalillo, SN Top 10: Hy-Vee, Walmart, Lidl top the weeks headlines, SN Top 10: Amazon, Walmart, Smart & Final top the week's headlines, SN Top 10: Publix, Kroger, Albertsons top the weeks headlines, SN Top 10: Aldi, H-E-B, Walmart top the week's headlines, 2023 Informa USA, Inc., All rights reserved, Associated Wholesale Grocers extends its partnership with Givex, The Save Mart Cos. revives movie promotion, Supermarkets capitalize on meal kit craze, Indoor farming, producers of salad kits, showing signs of struggle. "It probably wasn't an easy thing for him, being so young and dealing with people who'd been there for 20 or 30 years," Margulis said. Wakefern shareholders also re-elected to the Board of Directors at Thursday's meeting include: Colalillo, Chairman and CEO; Larri Wolfson, Dominick J. Romano and Irv Glass, Vice Chairmen; Lawrence Inserra, Jr., Treasurer; Jeffrey Brown and Sean McMenamin, Assistant Treasurers; Richard Saker, Secretary, and Ned Gladstein, Nicholas Sumas, and Shawn Ravitz, Assistant Secretaries. This is an area that we will continue to look to offer our customers the best of what ShopRite has to offer.. We know that Joseph's political affiliation is unknown; ethnicity is Caucasian; and religious views are listed as Christian. Serafinowas born on June 6 1871, in San Massimo, Campobasso, Italy. Today, it is run by his son, Joseph S. Colalillo, who has watched as the business expanded from one. One of our members, Village Supermarkets, is a publicly traded company, but its still majority owned by a family who is engaged in the business every day. In addition to his role at Wakefern, Colalillo is president of three ShopRite stores in New Jersey, and serves on the board of state and national trade groups. sister. A young Colalillo was thrust into the role of representing his family's stores within Wakefern after the death of his father, Joseph P. Colalillo, in 1990. Kroger and Albertsons merger: What lies ahead? Colalillo also serves as vice chairman of the Food Marketing Institute, is a member of its finance and long-range planning committees and chairs its independent operator advisory board. For more information, please visit www.wakefern.com. He also cited the rollout earlier this month of a new format and reimagined shopping experience at three Price Rite Marketplace pilot stores in Pennsylvania. Wakefern, he said, is building a team to source on-trend products with innovative packaging and design. Weve had our own recycling center since 1977 where we recycle cardboard, plastic bags, and shrink wrap, and were now recycling stock pill bottles from our pharmacies. Long-term planning is his forte and he aims to imbue members with its importance. President and CEO Joseph Colalillo. The rebranded stores in Allentown, Bethlehem and Secane focus on special deep discounts while offering more organics, more fresh foods, more convenience and better value. He will be honored at the Sergeantsville Fire Company located at 761 Sergeantsville Road, Sergeantsville. As president of three ShopRite stores in Hunterdon County, N.J., Colalillo is one of 42 operators running the 200 ShopRite stores that comprise the retailer-owned cooperative, which has retail sales of $8.4 billion. "So much has changed in such a short amount of time in the supermarket industry. In July, Wakefern opened the first stand-alone micro-fulfillment center in the U.S. When it comes to supporting health and wellness through hospitals and educational institutions, we do a lot. 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Wakefern has a committee for each department in the store, as well as committees dedicated to customer satisfaction, advertising and human resources. In 1958, when the microchip was invented nearby in Union County, the first American satellite was launched and . When Colalillo took over the lead post after Tom Infusino retired in 2005, Colalillo said he would continue Infusinos long-term strategy of being ready to take on the competition everywhere anytime. Brad Charron, CEO of ALOHA, discusses how ALOHA is working on these issues. Creating a customer experience that exceeds our customers needs and expectations is a daily goal. Wakefern shareholders re-elected to the Board of Directors at the meeting include: Colalillo, Chairman and CEO;Larri Wolfson,Dominick J. RomanoandIrv Glass, Vice Chairmen;Lawrence Inserra, Jr., Treasurer;Jeffrey BrownandSean McMenamin, Assistant Treasurers;Richard Saker, Secretary, andNed Gladstein,Nicholas Sumas, andShawn Ravitz, Assistant Secretaries. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. Save my name, email, and website in this browser for the next time I comment. Sheridan was also re-elected as President and COO, and Lane was re-elected as Executive Vice President. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. As of this date, Joseph is married. Earning Scouting's highest youth award in 1976, the rank of Eagle Scout, the Boy Scouts of America is an organization that has remained an important part of Colalillo's life. Many of our members have extensive prepared foods in their stores giving their customers meals they can take home and just reheat. All totaled, were a $12-billion supermarket company, which ranks us about 12th in the country. Following a four-game losing streak, the Oklahoma City Thunder have slid in the standings and are now 28-33. From a small, local cooperative that began with eight grocery store owners, Wakefern Food Corp. has grown into the largest retailer-owned cooperative in the United States. "It's a time of great change and challenge in our industry, but we're excited for the journey ahead. Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Lines and paragraphs break automatically. Wakefern Food Corp. has revealed the recent expansion of its retail cooperative, building out its network with the addition of a Pennsylvania-based grocery chain. "Both Tom and my dad grew up in a whole different world," Colalillo said. Joe Colalillo president at shop rite of hunterdon county inc. Flemington, New Jersey, United States 338 followers 300 connections Join to view profile Shop Rite of Hunterdon County Inc. Activity. ", Additional snippets of advice from Colalillo's predecessor are never more than a phone call away. For more information, please visit www.wakefern.com. Only the local council of the Eagle Scout's primary residence may nominate. He is also a member of the New Jersey Food Council. Click Here to Download a PDF of An Interview with Joseph S. Colalillo, Chairman and Chief Executive Officer, Wakefern Food Corp. See other features from LEADERS Magazine's July, August, September 2011 edition. View original content to download multimedia:http://www.prnewswire.com/news-releases/wakefern-food-corp-announces-16-5-billion-in-sales-300738789.html, Plus500. This year, he became the youngest recipient of NJFC's top honor, its Lifetime Achievement Award. We shouldn't take any part of our food supply for granted, but climate change challenges, social justice issues and allergies complicate things for several of our favorite things. Registered in England and Wales. Related People & Companies. Full Summary Personal Details View All Perosonal Details Gender: Male Date of Birth: 07/01/1961 Political Party: Ethnicity: Caucasian Religion: Christian Income: $100 - 149,999 Net Worth: $250,000 - $499,999 Relationship: Married Kids: MORE 2013 POWER 50 COVERAGE:The complete Power 50 list including The Trending TenThe Trending Ten features those whose power is on the risePhoto gallery of this year's Power 50 newcomers. Joseph Colalillo, chairman and CEO of Wakefern Food Corp., is ranked No. Joseph Colalillo was the son of Samual and Mary Colalillo who immigrated to the US from Italy. Find Joseph Colalillo's phone number, address, and email on Spokeo, the leading online directory for contact information. Verified contact information for Joseph Colalillo - Chairman & Chief Executive Officer, Wakefern Food Corporation including email address, phone number and personality insights that will make your sales and marketing efforts much more effective. Accounting and Information Systems. "Supermarkets like Wegmans and Price Chopper are entering our markets. Joseph's personal network of family, friends, associates & neighbors include Timothy Vocke, Richard Vocke, Armand Christopher, Frederic Vocke and Lois Vocke. In "You Only Live Twice" James Bond gets an education in Japanese cuisine. Wakefern is also making it easier for customers to design their own custom cakes and order catering and deli items online, and ShopRite dietitians are now available to answer customer questions through online chat. 2023 Advance Local Media LLC. "I'm absolutely prepared," said Colalillo, who succeeded Thomas Infusino after Infusino's 34-year tenure in the role. Podcast: Why is Amazon struggling in grocery? Customers shop those mass merchants for price, but as an independent we can deliver so much more than that. The Colalillo family owns and operates three ShopRite stores located in Flemington, Greenwich, and Clinton, New Jersey, and together, these stores employ more than 1,100 associates. For instance, he has encouraged ShopRite customers to do their grocery shopping online, and he aims to make it easy for customers to communicate with their retailer via mobile devices. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. All rights reserved (About Us). Lau is an avid art collector, and in 2017 Forbes has estimated the value of his collection to be a total of $1 billion. ShopRite's planned launch of Bowl & Basket and Paperbirdfood and household lines next month will kick off a transformation of the retailer's own brands. The largest retailer-owned cooperative in the United . Work. When you look at people in the prime of their lives raising a family, looking for both quality of life and the potential for professional growth, New Jersey has it all.. www.vbprofiles.com is now www.topionetworks.com. Joseph Colalillo, Chairman and Chief Executive Officer, Wakefern Food Corp. 308. Hard work has helped him rise to the top. "Thank you for believing that our way of doing business a cooperative of family-owned businesses can compete and win against the competition that comes our way," Colalillo told an audience of nearly 900 people at the Hilton in East Brunswick. Other names that Joseph uses includes Joseph S Colalillo, Joseph A Colalillo, Joseph Colallilo, Josep Colalillo and Jos A Colalillo. Colalillo holds a Bachelors degree from Villanova University. For work these days, Joseph is an Associate at Brown Brothers Harriman. "We are embracing change because customers are embracing change the way they shop, the way they work and the way they live," Sheridan noted. Together with its member companies, Wakefern employs more than 70,000 people, and is one of the largest employers in New Jersey. So our industry has gotten very competitive, but weve built a solid reputation as the low-price leader in our market with phenomenal sales promotions that our customers depend on. From its beginnings as a struggling cooperative with eight members, Wakefern Food Corp. (www.wakefern.com) has grown into the largest retailer-owned cooperative in the United States. Community Rules apply to all content you upload or otherwise submit to this site. View the profiles of professionals named "Joseph Colalillo" on LinkedIn. Staying ahead of our competition is our greatest challenge. 3 in Wholesalers in SN's 2013 Power 50. It depends on the demands of the market. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. By moving to everyday value pricing on key items, customers can count on ShopRite as their one-stop shopping destination. Thats no easy feat since members operating ShopRite and Price Rite stores are spread across several states. Our promise is that we will deliver all of that to our customers.". View original content to download multimedia:http://www.prnewswire.com/news-releases/wakefern-food-corp-announces-16-6-billion-in-sales-300945232.html, Plus500. This award is granted to Eagle Scouts who, after 25 years, have distinguished themselves in their life work and who have shared their talents with their communities on a voluntary basis. Part of their efforts involved laying the groundwork for Wakefern's committee structure. Your email address will not be published. Wakefern introduced its PriceRite banner in 1996, extending the companys reach into Rhode Island and Massachusetts, and today, there are 45 PriceRite stores in six states. Jean and Joe had 4 children Nancy, Mary Lynn, Joseph and Jane.. Pace University. Because our members are entrepreneurs, many of them second- or third-generation retailers who have their own vision for their business, they can design their stores and offer a mix of products that reflect their community. Joseph Colalillo was born on August 4, 1928. Many talk about the power of the large business brands with a major presence in all markets. Traveling to meet personally with every co-op member yearly, Colalillo encourages entrepreneurial spirit, and urges members to think about the future, especially about succession, those close to Colalillo pointed out. Wakefern Food Corp.s chairman and CEO knows the value of communicating with customers, and hes just as adamant about keeping in contact with each Wakefern retailer-member. Kru is proof that you can respect history but still create something thats distinct from everyone else. Their next six games are against Western Conference teams they'll be battling with for a postseason spot. . 1986 - 1989 . He is a member of the New Jersey Food Councils Board of Directors and received its Lifetime Achievement Award in 2005. Email Address: j FVEE @verizon.net +6 emails. Holland America Line (HAL) is bringing aboard six world-class celebrity chefs to dining venues across their fleet. He will remain active in the cooperative and his own family company, which operates the ShopRite of Little Falls," noted Colalillo. We want to make sure you get the most out of our platform. Wakefern President and COO Joe Sheridan said technology plays a key role in the push forward, with the company incorporating capabilities that elevate the customer experience both in store and online. Better at keeping product on the shelf, better at serving our customers, better at training and engaging our associates, Colalillo said recently. With each passing day, Joseph Colalillo overall profits continue to rise, and he is becoming more popular on the sidelines. 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