Meijer

Meijer

Operates supercenters for groceries and household goods

About Meijer

Simplify's Rating
Why Meijer is rated
C+
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Consumer Goods

Company Size

10,001+

Company Stage

Early VC

Total Funding

$27M

Headquarters

Grand Rapids, Michigan

Founded

1934

Overview

Meijer operates in the retail sector, focusing on providing a wide range of food and household products. The company uses a supercenter format that combines grocery and general merchandise, allowing customers to find everything from fresh produce to clothing in one location. This one-stop shopping experience attracts a diverse clientele, including budget-conscious shoppers. Meijer differentiates itself from competitors through its competitive pricing and unique private label brands, which offer exclusive products that can be more profitable. The company is also dedicated to community involvement and sustainability, which helps build customer loyalty. Meijer's goal is to create a positive work environment for its employees, referred to as Team Members, by treating them with respect and fostering a culture of growth, ultimately enhancing customer service.

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Simplify's Take

What believers are saying

  • Expansion of private label offerings can increase profit margins.
  • Investing in e-commerce can enhance online sales and customer reach.
  • Sustainability efforts can attract eco-conscious consumers and boost brand loyalty.

What critics are saying

  • Expansion into new markets like Pittsburgh could strain resources.
  • New private label school supplies may face competition from established brands.
  • Opening grocery format stores may confuse customers and dilute brand identity.

What makes Meijer unique

  • Meijer pioneered the 'one-stop shopping' concept in the Midwest region.
  • The company emphasizes employee welfare, earning recognition for disability inclusion.
  • Meijer offers a wide range of private label products, enhancing profitability.

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Funding

Total Funding

$27M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Parental Leave

Professional Development Budget

Hybrid Work Options

Company News

Supermarket News
Sep 7th, 2024
Meijer Selects Service for Online Marketing

Meijer partnered with Oneupweb to increase traffic and conversion rates on the site and create a positive reputation as a national online retailer.

Yahoo Finance
Jul 17th, 2024
Meijer Recognized As A Best Place To Work For Disability Inclusion For Eighth Consecutive Year

Retailer achieves top score of 100 on national Disability Equality IndexGRAND RAPIDS, Mich., July 17, 2024 /PRNewswire/ -- Meijer was recognized today as a Best Place to Work for Disability Inclusion by the Disability Equality Index (DEI) for the eighth year in a row, demonstrating its ongoing commitment to championing a culture of dignity and respect for its team members.Meijer is a Grand Rapids, Mich.-based retailer that operates 241 supercenters throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. A privately-owned and family-operated company since 1934, Meijer pioneered the “one-stop shopping” concept and has evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive apparel departments, pet departments, garden centers, toys and electronics. (PRNewsfoto/Meijer Inc)The DEI is a comprehensive benchmarking tool that helps companies build a roadmap of measurable, tangible actions they can take to achieve disability inclusion and equality. It is a joint initiative of Disability:IN and the American Association of People with Disabilities (AAPD) that measures key performance indicators across organizational culture, leadership, accessibility, employment, community engagement, support services, and supplier inclusion. Now in its 10th year, the DEI helps businesses positively impact the employment of people with disabilities, create long-term value, and mitigate risks from new legislative requirements."At Meijer, treating our team members with dignity and respect is more than a statement – it's something we live out every day. From our humble beginnings in Greenville, Mich., to now celebrating our 90th anniversary with more than 70,000 team members across the Midwest, this sentiment remains a core part of our values and culture of belonging," said Timothy Williams, Meijer Vice President of Diversity & Inclusion

PR Newswire
Jul 16th, 2024
Meijer Launching New School Supply List Technology for Seamless Back-to-School Shopping

To help families stick to their budgets, Meijer launched six new Meijer brand products, including markers, crayons, colored pencils, glue sticks, and glue, ranging in price from 25 cents to $1 through Labor Day, available on store shelves now.

Patch
Jun 1st, 2024
Major Retailer Meijer Could Be Eyeing Entry Into Pittsburgh Market

Meijer has not commented on whether it has an interest in opening a store in Western Pennsylvania.

PR Newswire
May 28th, 2024
Meijer to Open First Grocery Format Store in Indiana on July 11 in Noblesville

Meijer to open first grocery format store in Indiana on July 11 in Noblesville.

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