![]() ![]() It is a portmanteau of Winning Company, but the company says the name also refers to the five states in which the company operated stores at the time ( Washington, Idaho, Nevada, California, and Oregon). ![]() In 1999, Waremart changed its name to "WinCo Foods". At the time, Waremart was operating 16 stores in the Northwest and had reported annual sales of more than $300 million. In January 1991, Waremart opened an 82,000 square-foot store in Boise to replace the two older Boise stores. In 1985, Waremart employees established an employee stock ownership plan and purchased a majority stake of Waremart from the Ward family, making the company employee-owned. ![]() The company, originally called "Waremart", was founded in Boise, Idaho, in 1967 by Ralph Ward and Bud Williams as a no-frills, warehouse-style grocery store focusing on low prices. From 1967 to 1999, WinCo operated as Waremart Food Centers. ![]()
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