WinCo Foods is a renowned family of employee-owned grocery stores, with its own distribution and transportation network. The company originated in 1967 as a discount warehouse grocery store in Boise, Idaho under the name of Waremart. In 1999, it rebranded to WinCo Foods, signifying "Winning Company." Notably, the company is currently owned by its employees, with an ownership journey that commenced in 1985 when the WinCo Foods Employee Stock Ownership Trust acquired a majority interest, granting employees a real stake in the company's success.
At present, WinCo Foods boasts a workforce of over 20,000 and operates more than 130 stores across various states including Washington, Idaho, Nevada, California, Oregon, Utah, Arizona, Texas, Oklahoma, and Montana. The company's commitment to growth is evident, having replaced a majority of its retail stores with updated and expanded facilities by 2000.
The last recorded investment for WinCo Foods was a Private Equity Round in April 2004, in which Endeavour Capital took part. The company's presence in the Food and Beverage, Transportation, and Human Resources industries is a testament to its multifaceted operation, laid on a strong foundation of employee ownership and sustainable expansion.