Riverwards Produce Market

Name

Riverwards Produce Market

Legal name

Riverwards Produce Market

Website

https://www.riverwardsproduce.com

Company type

Private

Founded year

2016

Operating status

Operating

Ownership category

akta.pro rank

Product category

Specialty Grocery Retail

NAICS

Fruit and Vegetable Retailers (445230), Specialty Food Retailers (4452), Food and Beverage Retailers (445)

SIC

Retail-Grocery Stores (5411), Wholesale-Groceries, General Line (5141), Wholesale-Groceries & Related Products (5140)

akta.pro primary industry

Produce Markets & Greengrocers (CRAHAHAA)

akta.pro secondary industries

Organic Produce & Farm Market Retail (CRAHAEAD), Terminal Market / Produce Market Wholesalers (AFAIACAK)

Keywords

• Specialty grocery retail
• Local produce market
• Wholesale produce distribution
• Organic farm-to-table
• Neighborhood grocery stores

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Others

Revenue model

1. Retail Produce Sales: Direct retail sales of local and organic produce, bulk goods, meats, eggs, bread, cheese, and specialty items to neighborhood customers at two Philadelphia market locations. Open Monday through Sunday 8AM-8PM.
2. Wholesale Produce Sales: B2B produce sales to neighborhood restaurants, supplying fresh, locally-sourced ingredients directly to foodservice establishments.
3. Merchandise and Gift Cards: Sale of branded merchandise including t-shirts, tote bags, hats, and art prints. Gift cards available in denominations from $25 to $500.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Riverwards Produce Market operates produce-forward neighborhood grocery stores in Philadelphia (Fishtown and Old City), selling local and organic produce, bulk nuts and grains, locally raised meat and eggs, bread from local bakeries, artisanal cheeses, vegan options, and flowers. The company runs a parallel wholesale business supplying fresh, locally-sourced produce directly to neighborhood restaurants from area farmers in New Jersey and Pennsylvania. A small e-commerce shop sells branded apparel, accessories, art prints, and gift cards.

Product overview

Riverwards Produce Market is a produce-forward grocery retail business operating physical market locations in Philadelphia (Fishtown and Old City) with an upcoming Detroit location. Their core offerings include The Market retail operations featuring local and organic produce, bulk goods, locally raised meat and eggs, bread from local bakeries, local cheeses, vegan options, and flowers. They also maintain a wholesale business supplying produce to neighborhood restaurants. Their merchandise line (sold via their Squarespace e-commerce shop) includes branded apparel such as the Riverwards Tee, Artichoke Logo Canvas Tote Bag, Jacquard Knit Hat, and Embroidered Logo 5-Panel Hat, along with Gift Cards and Limited Edition Peach Prints. The company emphasizes local sourcing, sustainability practices including composting with Bennett Compost and food waste reduction through their dollar bag program.

Differentiator

Problem solved

Functional benefit

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Bennett CompostcoreStrategic or Co-development PartnerBennett Compost is Riverwards' composting partner. The market participates in a composting program where any produce or flowers that spoil are collected into buckets throughout the day and tossed in their large compost bin outside, then processed by Bennett Compost.
• Lost BreadminorOthersLocal bakery supplying bread to Riverwards Produce Market as part of the curated local product selection.
• MerzbachersminorOthersLocal bakery supplying bread to Riverwards Produce Market as part of the curated local product selection.
• Valley MilkhouseminorOthersLocal cheese maker supplying artisanal cheeses to Riverwards Produce Market.
• Terra Luna FloralsminorOthersLocal flower farm supplying flowers to Riverwards Produce Market.

Scale indicators2 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• Greensgrow Farms: Philadelphia-based urban farm and farm market operating a retail produce outlet plus community-supported agriculture; directly comparable to Riverwards as a Philadelphia-rooted, locally-sourced produce retailer serving urban neighborhoods.
• Weavers Way Co-op: Philadelphia-area member-owned cooperative grocery operating multiple neighborhood stores focused on local and sustainable products; comparable to Riverwards in geography, customer base, and local/organic positioning.
• Mariposa Food Co-op: Member-owned cooperative grocery store in West Philadelphia offering local, organic produce and specialty grocery items; operates with a similar curated-local-produce model targeting urban food-conscious shoppers.
• Di Bruno Bros. Philadelphia specialty food retailer with multiple locations offering curated gourmet, local, and artisanal products including cheeses, meats, and pantry items; directly comparable in geography, assortment curation, and specialty-grocery positioning.
• The Common Market: Mid-Atlantic nonprofit wholesale food distributor connecting regional farms to restaurants, schools, and institutions; comparable to Riverwards' wholesale arm in sourcing from the same NJ/PA farmer network and serving foodservice customers.

Emerging players

• Misfits Market: Direct-to-consumer online retailer specializing in "ugly" or surplus produce and specialty grocery items; comparable to Riverwards' dollar-bag ugly-produce program and sustainability positioning, though operating via e-commerce rather than brick-and-mortar.
• Hungry Harvest: Produce delivery service specializing in surplus and "imperfect" fruits and vegetables sourced from regional farms; overlaps with Riverwards' food-waste-reduction value proposition and farmer sourcing model.

Broad incumbents

• Whole Foods Market: National natural and organic grocery chain offering broad assortment of local, organic produce and specialty items; competes with Riverwards on the same Philadelphia customer base but at much greater scale and assortment breadth.
• Trader Joe's: National specialty grocery chain offering curated, value-priced assortment including fresh produce; competes with Riverwards for the same urban Philadelphia shopper seeking differentiated grocery experiences at scale.

Regional players

• Fresh Grocer: Philadelphia-area supermarket chain focused on fresh produce and urban-neighborhood locations; comparable in geography and produce-forward format but operating at much larger scale and broader assortment than Riverwards.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/riverwardsproduce/?hl=en
• LinkedInlinkedin.com/company/riverwards-produce

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Riverwards Produce Market