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    Washington Post.com: Post 200 -- Beyond the Beltway: Top 35 VA Cos.

    Richfood Holdings Inc.
    list rank
    From the April 28, 1997, Washington Post


    '96 (in $ 000s) % Change From '95
    Revenue 3,250,868 8.6
    Net Income 37,051 (5.5)
    Rank Last Year: 8
    Description:
    Richfood Holdings is the largest wholesale food distributor in the mid-Atlantic region and the fourth largest in the United States. The company, which services 2,500 grocery stores from North Carolina to Pennsylvania, supplies supermarkets and food service outlets with frozen foods, meat, produce, dairy products and dry groceries.

    Business Resume:
    • Contact Info --
      8258 Richfood Rd.
      Mechanicsville, Va. 23116
      804-746-6000
    • Main Business --
      Wholesale food distribution
    • Founded --
      1934
    • Chairperson --
      Donald D. Bennett
    • President --
      John E. Stokely (CEO)
    • Employees --
      5,142
    • D.C.-Area Employees --
      150
    Developments:
    In October, Richfood bought Norristown Wholesaler, a Philadelphia-based produce distributor, for about $25 million. The acquisition is significant for Richfood as the company tries to position itself as a full service wholesaler in the Pennsylvania market. Richfood, which previously acquired dry grocery and frozen food distributors in Pennsylvania, now services the entire market, but the frozen meats are distributed from a Virginia center.

    Because of Richfood's recent acquisitions and overall growth, the company appeared on the Fortune 500 for the first time, debuting at number 414.

    There also was a change at the top as John E. Stokeley, who is president and chief operating officer, also added the title of chief executive. Chairman Donald D. Bennett formerly held that position. The change took effect Jan. 1.

    Copyright 1997 The Washington Post

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