Weis Invests $101M in Growth Efforts

Weis Markets said today it will invest $101 million in the company’s growth efforts in 2014.

At a recent shareholders meeting, Jonathan Weis, president and CEO, said the company expects to complete work on 16 projects, including the expansion of its 1.1 million-square-foot distribution center in Milton, Pa.

Weis said the company has invested $500 million since 2008 in growth and improvement, resulting in more than 100 new projects, including four stores in 2013 alone.

“As a company that self-distributes, our supply chain is a vitally important area for us,” Weis said. “Over the last year, we have increased our focus on maximizing efficiency by driving millions of dollars of cost out of the system, while maintaining our high standards for store service. This has helped us reduce store level inventories and improve freshness.”

Weis Markets operates 166 stores in Pennsylvania, Maryland, New Jersey, New York and West Virginia.