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Erewhon Market
Erewhon Market is a US-based company founded in 1966 in Everett, United States. It specializes in selling organic food and products. The company has not...
Erewhon Market
Erewhon Market is a US-based company founded in 1966 in Everett, United States. It specializes in selling organic food and products. The company has not received external funding.
General information
Firm type
Organic Grocery / Health Food Store
Year founded
1966
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
Los Angeles, CA, United States
Additional offices
New York, NY, United States · Houston, TX, United States · West Hollywood, CA, United States · Austin, TX, United States
Principals
Josephine Altchek
CEO
Ed Michalove
Chief Operating Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Erewhon Market?
CEO Josephine Altchek leads the company's strategic direction. Ed Michalove serves as Chief Operating Officer. The Altchek family, which acquired the chain in 2011, retains majority ownership.
How does Erewhon source proprietary deal flow?
Erewhon has not disclosed a formal sourcing model. Its growth strategy appears opportunistic: new stores are opened in high-net-worth neighborhoods identified through demographic analysis, and the private-label program is developed through partnerships with wellness influencers and suppliers.
Is Erewhon structured as a single family office or does it operate more like a venture firm?
Erewhon is an operating business, not an investment firm. The Altchek family's capital is deployed directly through the grocery chain's operations, not through investment vehicles.
Does Erewhon participate in fund commitments or only direct deals?
Erewhon has not been documented as making fund commitments. Its capital is deployed into real estate, inventory, and operational expansion of its own stores.
What investment stages does Erewhon typically target?
Erewhon targets mature growth-stage expansion opportunities within its own business, opening new stores in established affluent markets. It has accepted minority equity from Clearlake Capital (per The Wall Street Journal, 2023), indicating it may consider external capital partners for scaling.
Which sectors does Erewhon explicitly avoid?
Erewhon does not publicly disclose exclusions, but its operations focus exclusively on grocery retail with a wellness bent — it has not entered non-retail sectors like technology, real estate development, or financial services.
How is Erewhon related to the Altchek family?
The Altchek family owns Erewhon. Josephine Altchek, CEO, is a member of the family. The family acquired the chain in 2011 from its original founders, the Kushi family, and has since expanded it from a single location to nine.
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