Gristedes/Red Apple Group

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Red Apple Group sells more than just apples in the Big Apple. Subsidiary United Refining, which processes 70,000 barrels of oil a day, distributes fuel to about 370 Country Fair, Red Apple Food Marts, and/or Kwik Fill branded gas stations/convenience stores in New York, Pennsylvania, and Ohio. Red Apple controls Gristede’s Foods, a leading New York City supermarket chain. It also has real estate, aircraft leasing, and newspaper operations. The Red Apple Group is owned by Greek immigrant entrepreneur CEO John Catsimatidis, who, in a classic rags-to-riches story, started his business empire with one small grocery store in Manhattan and through shrewd business deals became a billionaire.

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3

Overall Excellence Rating

Industry

Retail

Category

Other Retail Stores

ESG/Ethical Impact

Gristedes is one of the most common and well-known supermarket chains across New York City, with 19 store locations primarily in Manhattan. Gristedes, together with D’Agostino’s, another common NYC grocer, are privately owned by Red Apple Group, a conglomerate with subsidiaries in real estate, media, and the petroleum industry.3 Gristedes has a history of ridiculing4 and violating New York City’s plastic bag ban.5 To our knowledge, neither Red Apple Group nor Gristedes have made public commitments or goals to reduce HFCs or other greenhouse gases. Gristedes does not make public any information about its refrigerant management practices or leak rates, nor is there any information regarding the company taking steps to adopt more climate-friendly technologies6 to replace HFCs.Our team detected refrigerant concentrations ranging from 2 to 13 parts per million (ppm) in and around refrigeration equipment in the stores. Detection of any concentration 2 ppm or greater is considered a potentially major refrigerant leak. The concentration of gas detected is not necessarily indicative of the size of a leak. Even detection of low concentrations can be indicative of very large leaks, since the gas can be dispersed throughout a large volume of air in the supermarket, and leaks can continue over a long period of time.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer.

Awards Received

2023

Revenues

$6,700,000,000.00

Website Traffic

Employee Rating

3.2

Customer Rating

3

Company Size

1000-5000

ESG Risk Rating

3

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