From there, Cash Wise grew to become a significant part of the company’s portfolio, with a supersized store built in Waite Park, MN in 1982, in what was then pretty much the edge of nowhere. It was built in an open field on the far western edge of St. Cloud. Our philosophy was, “Build it and they will come.” And indeed, they did. Today, the Waite Park location is the top store in the company in terms of yearly sales volume.
Coborn’s, Inc. continues to grow, with much of that tied to the Cash Wise Foods group of stores. Today, we are employee-owned with 77 grocery stores, including 19 under the Cash Wise Food’s banner, and operate a total of over 135 retail locations in Minnesota, North Dakota, South Dakota, Wisconsin, Michigan, and Illinois.
Two generations of Coborn family leadership are actively involved in the company today, including Chris Coborn, who is the current CEO, Chairman of the Board, and his daughter, Emily Coborn Wright, Senior Vice President of Growth Initiatives as well as son Peter Coborn who serves as Director of Strategic Initiative for the company. Under their leadership, we continue to thrive, grow, and evolve into a dynamic organization that exceeds our guests’ expectations and strives to meet the needs of the communities we serve.