The MarketPlace

Bermudan grocery store chain

The MarketPlace Limited

Formerly| Piggly Wiggly
Company type| Private
Industry| Retail food
Founded| 1939 (1939)
Founder| Crisson Family
Headquarters|

Hamilton

Bermuda

Area served

| Bermuda

Key people

| Pamela Ferreira (Owner), Seth Stutzman (President and CEO)
Products| Groceries
Owner| Pamela Ferreira
Website| marketplace.bm

The MarketPlace Limited is a grocery store chain in Bermuda. As of 2024, it is the largest grocery store chain in Bermuda. It is owned by Pamela Ferreira, with Seth Stutzman as the president and CEO.[1][2]

## History

[edit]

The chain was founded by the Crisson Family in 1939,[3] and was originally called Piggly Wiggly Limited, with each store having the name "Piggly Wiggly."[3][4] In 1946 the company was purchased by the Pimental Family, and in 1950 was purchased by Mr. Fernance Perry.[3]

In March 1979 Alvin Ferreira purchased the operations of the Piggly Wiggly Limited chain; since he already operated another store, the Modern Mart, the Piggly Wiggly Limited chain was expanded to five stores. In 1981, the chain was renamed The MarketPlace Ltd., with the five stores following suit.[3]

In 1987 the chain acquired the A-1 Paget and A-1 Smith stores, so the chain now had seven stores. In 1994 the chain acquired the Shopping Centre Limited grocery store.[3]

In the early 2000s, the chain entered into a franchise agreement with Wakefern Food Corporation's Price Rite, opening their first Price Rite store in 2007. In 2016 the chain opened a second Price Rite store,[5] bringing their total store count to 10. The MarketPlace owns and operates both stores and hosts a separate website from Price Rite US.[6]

## Activities

[edit]

As of 2024, the chain owns and operates 10 stores.[7][8] The corporate headquarters is located within the chain's Hamilton MarketPlace location, the largest grocery store in Bermuda.[4]

## References

[edit]

1. ^ Team, Marketing (17 March 2020). "A Message From Our President/CEO". The MarketPlace. Retrieved 27 June 2024.
2. ^ "MarketPlace boss: Go out and find your own success". www.royalgazette.com. 26 August 2009. Retrieved 27 June 2024.
3. ^ a b c d e "About Us Archived 15-01-2013 at archive.today" The MarketPlace. Retrieved on December 21, 2011.
4. ^ a b "Bermuda Shopping The Marketplace Archived 2013-01-30 at archive.today." The New York Times. Retrieved on December 21, 2011.
5. ^ "New Price Rite store to open". www.royalgazette.com. 20 January 2016. Retrieved 27 June 2024.
6. ^ "Pricerite". Retrieved 27 June 2024.
7. ^ "FAQ – Pricerite". Retrieved 27 June 2024.
8. ^ "About Us". The MarketPlace. Retrieved 27 June 2024.

## External links

[edit]

* North America portal
* Companies portal
* Food portal

* The MarketPlace
* Pricerite Bermuda

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