Wakefern/ShopRite Named “Corporate Sponsor of the Year” by The Hope Chest Scholarship Foundation

Keasbey, NJ — October 26, 2009 — Wakefern Food Corp./ShopRite has been named the 2009 “Corporate Sponsor of the Year” by the Hope Chest Scholarship Foundation (HCSF). HCSF provides financial assistance to minority New Jersey students attending a college, university or trade school. The Foundation’s recipients are chosen based on demonstrated academic achievement and financial need.

Wakefern/ShopRite has received this recognition for its contributions to the scholarship foundation and support of education initiatives for minorities, as well as its commitment to the community through programs such as ShopRite Partners in Caring, a year-round hunger fighting initiative.

The Hope Chest Scholarship Foundation presented the “Corporate Sponsor of the Year” award to Wakefern/ShopRite at its Sixth Annual Black Tie Gala this past Saturday, October 24th, in Morristown, NJ.

About Wakefern Food Corp.

From a small, struggling cooperative with eight members – all owners of their own grocery stores – Wakefern Food Corporation has grown into the largest retailer-owned cooperative in the United States and one of the largest employers in New Jersey. The cooperative is comprised of 45 members who individually own and operate supermarkets under the ShopRite banner. Today, Wakefern, the merchandising and distribution arm of the company, and the more than 200 ShopRite stores located throughout New Jersey, New York, Connecticut, Pennsylvania, Delaware and Maryland employ more than 50,000 people.

About The Hope Chest Scholarship Foundation

The Hope Chest Scholarship Foundation is a 501(c)(3) organization charged with providing educational funding opportunities to graduating, minority high school students who are residents of New Jersey. In 2007, through its various fundraising activities, The Hope Chest Scholarship Foundation awarded $110,500 in scholarships to nearly 60 students throughout the state. More information about The Hope Chest Scholarship Foundation can be found on its web site at www.hope-chest.org.