|No. of Stores:||188|
|States of Operation:||Massachusetts, New Hampshire, Rhode Island|
Tedeschi Food Shops are small grocery stores, supplying fill-in grocery items to urban residents in lieu of traditional grocery stores. The chain is almost evenly divided between corporate-owned and franchised stores. Through acquisitions in the past 10 to 15 years, Tedeschi Food Shops now reach into every New England state except Maine. With more than $600 million in annual revenue, the company provides its customers with a family of proprietary brands: TD’s Deli and Tedeschi Fresh Foods, Tedeschi Select and Tedeschi Fuel.
The company has been investing in its stores by remodeling and by growing the chain by 10 to 15 locations through acquisitions and new builds. Officials describe the chain’s growth plans as “aggressive.” Tedeschi completed several dozen remodels in 2012 and plans 20 to 30 more in 2014. The newly upgraded stores feature an extensive selection of fresh salads, sandwiches, subs and wraps that are prepared by the company’s own commissary.
New report offers four tips to get younger consumers in the door