Last updated on June 13th, 2024
Iselin, New Jersey-based Allegiance Retail Services held its annual member meeting on June 30. After months of social distancing and dealing with the pressures the coronavirus placed on the grocery industry, co-op members, board and management came together in-person to share experiences of the past year.
“Convening this year’s member meeting is particularly gratifying due to the inability to meet in-person for an extended period of time. Allegiance has a bright future and our cooperative members reflect that optimism, evidenced by their investment in stores, associates and the communities they serve,” said John T. Derderian, president and chief operating officer of ARS.
The first item of order was the election of the Allegiance Board of Managers and the Foodtown Board of Directors for the 2021-22 fiscal year. ARS and Foodtown managers and directors as: John Estevez, Jason Ferreira, Daniel Katz, Michael Mignosi, Esmail Mobarak, Joseph Parisi, Louis Scaduto Jr., John Shakoor and John Derderian by appointment.
The theme of the meeting, Charting a Course for the Future, saw Allegiance executives present initiatives which will drive sales and efficiency post a COVID environment.
“It’s great to see everyone, grateful to have been able to come through this difficult period taking care of our customers and associates alike,” said Noah Katz, co-president of PSK Supermarkets that operate Foodtown/Freshtown/Pathmark supermarkets.
“The co-op always acts in the best interest of its customer and members,” said John Estevez, president of Estevez Markets operating Foodtown and Green Way Markets belonging to ARS.
Co-op membership allows affordability for an independent retailer to offer competitive prices, products and services to its consumers. Members of the Allegiance Retail Services Co-op receive the support of a team of professionals, each with a multitude of experience and expertise in the supermarket industry. For more information regarding membership, visit allegiancereatilservices.com.
ARS’s Derderian recently participated in NGA’s “Five Questions” feature. See story, here.
