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Erewhon Market is a luxury grocery store chain that offers high-quality, organic, and locally produced food products as well as prepared meals, snacks, and drinks.
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They are headquartered in Los Angeles and have seven different locations within the county, including Calabasas, Pacific Palisades, Silver Lake, Santa Monica, Venice, West Hollywood, and Studio City.
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Erewhon Organic was founded in 1966 in Boston, Massachusetts by Aveline and Michio Kushi, who began the brand as a health foods producer and eventually re-located to California.
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Toni and Josephine Antoci acquired the company in 2011, where it saw annual double-digit growth within the first few years under their leadership as a niche L.A.-based grocer.
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In response to the growing success of Erewhon Market, the private equity firm Stripes Group acquired a significant minority stake in the company in 2019.
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Erewhon Market most recently reported revenue of $252 million with plans to continue growing its storefronts.
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In addition to generating about $2,500 per square foot of floor space inside the stores, the grocer is also supported by Instacart and Postmates for delivery services.
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Erewhon Market has been a certified B Corporation since July 2021, meaning that the company has reached high performance in transparency, accountability, and environmental consciousness.
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Currently, Erewhon Market has 7 locations and about 1,200 Employees.
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It was announced in April 2021 that Erewhon Market would be expanding into its 8th location in Beverly Hills, planned for 2022.
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The grocer’s primary appeal lies in its niche, ultra-curated food products, and wide selection of organic, locally sourced prepared foods that offer choices for vegetarian, vegan, paleo, gluten-free, and grain-free diets.
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Erewhon Market has collaborated with several other brands and content creators in food items and merch, including the French label Casablanca and influencers like Tinx and Marianna Hewitt.
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The specialty food market has grown 24% at retail from 2018 to 2020, reaching total sales of $170.4 billion in 2020.