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Wikipedia

Topco

Topco Associates LLC is the largest American retail food GPO (Group Purchasing Organization) and the sixth largest private company in Illinois.[1][2]

Topco Associates LLC
Company typePrivate
IndustryRetail
FoundedSeptember 28, 1944;
79 years ago
 (1944-09-28)
Headquarters
Area served
United States
Key people
Randy Skoda President & CEO
ProductsStrategic Sourcing Services
Websitewww.topco.com

History edit

 
Former Topco headquarters in Elk Grove, Illinois

On September 28, 1944, to deal with wartime shortages, a small cooperative named Food Cooperatives, Inc., was formed by a group of Wisconsin food retailers to supply its members with private label dairy products and paper goods. The products procured by this organization were sold under the Food Club and Elna labels. Some of the members of Food Cooperatives were also members of another cooperative called Top Frost Foods.[3]

In December 1950, the two cooperatives merged. This was the beginning of Topco Associates, Inc. Topco established its first fresh produce division in 1958, its first health and beauty and not-for-resale programs in 1960, and began exploring fresh beef opportunities in 1967. In 1979, Topco introduced its bakery procurement program, and introduced its first pharmacy program in 1999.

In 2001, Topco merged with Shurfine International to form Topco Associates LLC. Topco purchased competitor Western Family Foods in June 2016.[4] On February 1, 2006, Topco announced the acquisition of BrainTree Sourcing from Ahold USA, forming a new company called TopSource LLC (as a wholly owned subsidiary of Topco Associates LLC), which is now known as Topco's Indirect Spend program.[5] The Indirect Spend program currently operates out of Quincy, Massachusetts.

References edit

  1. ^ Gaines, Amanda (September–October 2010). "Hear Our Voice". Retail Merchandiser. p. 4.
  2. ^ Gorham, Tom (April 16, 2021). "Chicago's largest privately held companies 2021". Crain's Chicago Business.
  3. ^ International Directory of Company Histories. Vol. 60. St. James Press. 2004. ISBN 9781558625631. OCLC 433314819.
  4. ^ Portland Tribune "Western Family Foods to close Tigard headquarters". Retrieved 06-23-2016
  5. ^ "Topco Associates LLC Announces the Acquisition of BrainTree Sourcing". Business Wire (Press release). February 21, 2006.

External links edit

  • Topco web site

topco, major, contributor, this, article, appears, have, close, connection, with, subject, require, cleanup, comply, with, wikipedia, content, policies, particularly, neutral, point, view, please, discuss, further, talk, page, 2022, learn, when, remove, this, . A major contributor to this article appears to have a close connection with its subject It may require cleanup to comply with Wikipedia s content policies particularly neutral point of view Please discuss further on the talk page May 2022 Learn how and when to remove this message Topco Associates LLC is the largest American retail food GPO Group Purchasing Organization and the sixth largest private company in Illinois 1 2 Topco Associates LLCCompany typePrivateIndustryRetailFoundedSeptember 28 1944 79 years ago 1944 09 28 HeadquartersItasca IllinoisArea servedUnited StatesKey peopleRandy Skoda President amp CEOProductsStrategic Sourcing ServicesWebsitewww wbr topco wbr comHistory edit nbsp Former Topco headquarters in Elk Grove IllinoisOn September 28 1944 to deal with wartime shortages a small cooperative named Food Cooperatives Inc was formed by a group of Wisconsin food retailers to supply its members with private label dairy products and paper goods The products procured by this organization were sold under the Food Club and Elna labels Some of the members of Food Cooperatives were also members of another cooperative called Top Frost Foods 3 In December 1950 the two cooperatives merged This was the beginning of Topco Associates Inc Topco established its first fresh produce division in 1958 its first health and beauty and not for resale programs in 1960 and began exploring fresh beef opportunities in 1967 In 1979 Topco introduced its bakery procurement program and introduced its first pharmacy program in 1999 In 2001 Topco merged with Shurfine International to form Topco Associates LLC Topco purchased competitor Western Family Foods in June 2016 4 On February 1 2006 Topco announced the acquisition of BrainTree Sourcing from Ahold USA forming a new company called TopSource LLC as a wholly owned subsidiary of Topco Associates LLC which is now known as Topco s Indirect Spend program 5 The Indirect Spend program currently operates out of Quincy Massachusetts References edit Gaines Amanda September October 2010 Hear Our Voice Retail Merchandiser p 4 Gorham Tom April 16 2021 Chicago s largest privately held companies 2021 Crain s Chicago Business International Directory of Company Histories Vol 60 St James Press 2004 ISBN 9781558625631 OCLC 433314819 Portland Tribune Western Family Foods to close Tigard headquarters Retrieved 06 23 2016 Topco Associates LLC Announces the Acquisition of BrainTree Sourcing Business Wire Press release February 21 2006 External links editTopco web site Retrieved from https en wikipedia org w index php title Topco amp oldid 1213934328, wikipedia, wiki, book, books, library,

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