Waldbaum’s is a supermarket chain that operates in New York City, and the surrounding metropolitan area. They sell an array of grocery products including deli, meat, dairy, baked goods, produce and frozen foods.
The company was founded in 1904 by brothers, Sam and Wolf Waldbaum and they were soon joined by their nephew Izzy to run the business. When Sam and Wolf retired, Izzy took over the running of the company. Sadly he died at the young age of 55 and the 6 stores were passed down to his son, Ira. The company was sold in 1986; however Izzy’s wife still stayed involved in the company by doing guided tours, recipe books and grand openings.
In the 1970’s, the company purchased fellow supermarket, Foodmart. Together the companies developed and expanded to a combined 160 stores. It was in 1986 that the company was bought out by The Great Atlantic and Pacific Tea Company (A & P) and this turned out to be a poor business choice. The stores were mismanaged and did not receive the necessary investments leading to a large number of store closures. The remaining stores were renamed “Super Foodmart” and then “A & P Super Foodmart” to try and increase customer interest through branding.
In 2005, Waldbaum offered online shopping to their customers in another bid to increase consumer interest. It was the first business owned by the A & P parent company that offered this service. It was a success as many other companies under the banner of the The Great Atlantic and Pacific Tea Company have followed suit.
Despite this positive development, The Great Atlantic and Pacific Tea Company is going through a financial crisis and Waldbaum’s now known as A & P Super Foodmart are also feeling the effects.
You can find the company headquarters at the following address: Hemlock Street and Boulevard Avenue, Central Islip, New York, 11722, U.S.A. Other important statistics about the company can be found listed below:
Ownership: The Great Atlantic and Pacific Tea Company
Public / Private: Public
Number of Stores: 27
Number of Employees: 224
Annual Revenue: N/A
Geography: New York
Demographic: Value Shopper
Special Services: Pharmacy
A&P Super Foodmart