CLEMENTS MARKET LIMITED

What CLEMENTS MARKET LIMITED does

Clements' Marketplace, Inc. (operating as CLEMENTS MARKET LIMITED) is a family-owned, independent regional supermarket chain headquartered at 2575 East Main Road, Portsmouth, Rhode Island. Founded in 1980 as Portsmouth IGA by Donald and Barbara Clements and rebranded to Clements' Marketplace in 1993, the company operates four physical stores across Rhode Island (Portsmouth flagship, Bristol) and Massachusetts (Manomet/Plymouth), with online ordering coverage extended into Newport via its Groceries 2 Go service. The chain runs a multi-department specialty format that goes well beyond standard grocery, including Bake Shop, Butcher's Block (Angus, grass-fed, all-natural meats), By The Sea (fresh seafood), Cutting Board (Boar's Head and specialty cheeses), Nature's Harvest (local produce), Natural Foods (gluten-free, keto, paleo, vegan), and ancillary services such as Blue Lobster Cafe, fresh sushi, brick oven pizza, Classic Catering, gourmet gift baskets, and The Flower Cart floral shop.

The business model is straightforward brick-and-mortar grocery retail with adjacent prepared-foods and catering revenue, monetized at the transaction level across in-store purchases and same-day pickup/delivery orders placed through the Groceries 2 Go e-commerce platform. Pricing is unit-based by SKU and is not publicly tiered; private-label products (Best Yet and Clements' Marketplace-branded items) supplement national brands. Distribution is exclusively regional, with go-to-market centered on direct-to-consumer retail, community-based marketing (Facebook, Instagram, Constant Contact email lists, in-store events such as All Natural Day, Holiday Open House, and Easter Plant Sale), and partnerships with Hope & Main vendors, Starfish Bakery, local farmers, and the Newport Gulls baseball team.

Technology footprint is intentionally conventional: standard retail point-of-sale and an e-commerce platform powering Groceries 2 Go. The company's principal differentiators are 40+ years of brand heritage, a family-operated identity, deep community integration (Community Partners Program has donated approximately $800,000 to 90+ non-profits since 1997), and the breadth of in-store specialty departments and prepared-food formats that national chains typically do not replicate at this scale. Revenue and headcount are not publicly disclosed; the company remains wholly family-controlled with no external equity or debt funding identified.

Name

CLEMENTS MARKET LIMITED

Legal name

Clements' Marketplace, Inc.

Website

https://clementsmarket.com

Company type

Private

Founded year

1980

Operating status

Operating

Short description

Clements' Marketplace is a family-owned, independent regional supermarket chain operating four stores in Rhode Island and Massachusetts, offering full-service grocery, specialty fresh departments (butcher, seafood, bakery, deli, floral), prepared foods (cafe, sushi, brick oven pizza, catering), and same-day online ordering via Groceries 2 Go, serving local consumers and community non-profits.

Ownership category

akta.pro rank

Product category

Supermarket / Grocery Retail

NAICS

Supermarkets and Other Grocery Retailers (except Convenience Retailers) (44511)

SIC

Retail-Grocery Stores (5411)

akta.pro primary industry

Supermarket Operators with In-Store Foodservice/Prepared Foods Focus (CRAHAAAJ)

akta.pro secondary industries

Natural Specialty Food Stores (Gluten-Free, Vegan, Keto, Allergy-Friendly) (CRAHAEAE), Online Grocery Retailers (Inventory-led) (CRAFAFAE)

Keywords

• Regional supermarket retail
• Fresh grocery departments
• Prepared foods catering
• Online grocery ordering
• Specialty natural foods

Headquarters

HQ city

Portsmouth

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. In-Store Retail Sales: Traditional grocery retail across four physical store locations. Revenue generated from sales across multiple departments including grocery, fresh meat, seafood, deli, bakery, prepared foods, dairy, frozen foods, produce, natural foods, and floral.
2. Groceries 2 Go Online Ordering: Online shopping service with same-day pickup and delivery at local stores. Customers shop from home or office and retrieve or receive orders.
3. Catering and Prepared Foods: Classic Catering for events, Blue Lobster Cafe, Rustic Kitchen hot foods, pizza counter, sushi bar, I-Chef meal kits, and gourmet gift baskets.
4. Floral Services: The Flower Cart full-service florist providing wedding and event floral design, ready-made bouquets, plants, candles, chocolates, and delivery service.

Pricing tiers

Go-to-market motion1 record

Distribution channels8 records

Marketing channels7 records

Core offering

Clements' Marketplace is a family-owned, four-store regional supermarket chain operating in Rhode Island and Massachusetts. The company sells fresh and packaged grocery products across multiple in-store specialty departments (bakery, butcher, seafood, deli, cheese, produce, natural foods, dairy/frozen, floral) and offers prepared-food services including Blue Lobster Cafe, fresh sushi, brick-oven pizza, Rustic Kitchen hot foods, Classic Catering, and the I-Chef grab-and-go meal-kit program. Customers can also shop online via the Groceries 2 Go platform for same-day pickup or delivery.

Product overview

Clements' Marketplace is a family-owned and operated supermarket chain with four locations across Portsmouth, RI, Manomet (Plymouth), MA, and Bristol, RI. Founded in 1980, the company operates a multi-department retail model offering traditional grocery products alongside specialty departments including Bake Shop (in-house bakery), Butcher's Block (premium meats), By The Sea (fresh seafood), Cutting Board (gourmet cheeses and deli), Dairy & Frozen Foods, Nature's Harvest (produce), and Natural Foods (specialty health items). The company differentiates through prepared food services including the Rustic Kitchen, Blue Lobster Cafe, Fresh Sushi, Classic Catering, and Brick Oven Pizza. Ancillary services include Groceries 2 Go (online shopping with same-day delivery/pickup), the I-Chef grab-and-go meal kit program, and The Flower Cart floral shop. Clements' also offers private-label products under the 'Best Yet' brand and Clements' Marketplace-branded items, while the Community Partners Program supports local non-profits through receipt-based fundraising.

Differentiator

Problem solved

Functional benefit

Brands

• Blue Lobster Cafe: In-store cafe offering freshly made drinks, breakfast items, sandwiches and more. Located at Portsmouth, Bristol, and Manomet locations.
• Rustic Kitchen
• I-Chef
• The Flower Cart
• Butcher's Block
• By The Sea
• Cutting Board
• Bake Shop

Products and services

• Groceries 2 Go (Online Grocery Ordering with Same-Day Pickup & Delivery) Proprietary online grocery shopping platform offered to consumers in the Portsmouth, Manomet, Bristol, and Newport service areas, allowing same-day in-store pickup or home delivery of groceries ordered remotely.
• Classic Catering Full-service catering offering for personal and corporate events including birthdays, holidays, rehearsal dinners, weddings, baby showers, and corporate functions. Available across Portsmouth, Bristol, and Manomet locations.
• Blue Lobster Cafe In-store cafe serving freshly made drinks, breakfast items, sandwiches, and related items at the Portsmouth, Bristol, and Manomet Clements' Marketplace locations.
• Fresh Sushi Fresh sushi prepared daily at Clements' Marketplace, available at the Portsmouth, Bristol, and Manomet locations with location-specific sushi menus.
• Brick Oven Pizza Fresh brick oven pizza counter offering slices and whole pizzas at the Portsmouth Clements' Marketplace location.
• I-Chef Grab-and-Go Meal Kits Grab-and-go meal kit program offering a large, rotating selection of prepared meal kits for customers seeking convenient prepared meal solutions.
• The Flower Cart (Full-Service Floral Shop) Full-service floral department at the Portsmouth location providing wedding and event floral designs, fresh cut bouquets, green and blooming plants, Yankee Candles, chocolates, and floral delivery service.
• Bake Shop In-house bakery department offering fresh-baked breads, rolls, bagels, pastries, cookies (including Starfish Bakery scratch-made cookies), ring cakes, and custom cakes for special occasions.
• Butcher's Block (Meat Department) Full-service meat department offering Angus beef, grass-fed beef, premium steaks, ground beef, marinated meats, and All Natural beef, pork, chicken, and lamb products.
• By The Sea (Fresh Seafood Department) Fresh seafood department featuring lobsters, shellfish, and fish delivered fresh daily, plus ready-to-bake seafood casseroles and stuffed shrimp.
• Cutting Board (Specialty Cheese & Deli) Specialty cheese and deli meats department featuring Boar's Head, Kretschmar, Finlandia, and Land O Lakes products, gourmet cheeses, charcuterie, and catering platters.
• Dairy & Frozen Foods Department Dairy and frozen foods department offering milk, juice, eggs, butter, organic and local options, and frozen vegetables, fruits, ready-to-cook meals, Blount Soups, ice cream, and frozen yogurt.
• Grocery Department Standard grocery offerings including name brands, store brand 'Best Yet', local products, and Clements' Marketplace branded items such as salad dressings and pasta sauces.
• Nature's Harvest (Produce Department) Produce department featuring a variety of fruits and vegetables, with emphasis on seasonal local produce sourced from nearby farmers.
• Natural Foods (Specialty Health Foods) Specialty health food section featuring Nature's Path products, meal bars, Annie's products, and dietary-specific items including gluten-free, keto, paleo, and vegan products.
• Rustic Kitchen (Prepared Foods) Prepared foods department offering ready-made dinner solutions with a rotating selection of entrees and side dishes, rotisserie chickens, sandwiches, wraps, panini, and grab-and-go items.
• Clements' Gourmet Gift Baskets Curated gourmet gift basket collection featuring curated gourmet food items, available for purchase across Clements' Marketplace locations.

Quantifiable outcome

• Approximately $800,000 donated to local non-profit organizations since 1997 through the Community Partners Program
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered minor.

• Kristen Niessink (Registered Dietitian)minorStrategic or Co-development Partner · 1 January 2007Kristen Niessink serves as the staff nutritionist for Clements' Marketplace. She produces a cookbook, newsletters, and healthy product lists and hosts a monthly information table. This partnership enhances the store's value proposition around health-conscious eating and specialty dietary products.
• Hope & Main (Food Business Incubator)minorStrategic or Co-development PartnerClements' Marketplace partners with Hope & Main, a food business incubator in Warren, RI. Local vendors and products from Hope & Main are featured at Bristol and Portsmouth locations, supporting local food entrepreneurs and providing customers access to locally produced specialty foods.
• Newport Gulls Baseball TeamminorGTM or Marketing PartnerClements' Marketplace has been a sponsor of the Newport Gulls Baseball team since 2002. Each summer, the company hosts a Portsmouth Appreciation Night at the ball game.
• Starfish BakeryminorChannel Partner/ Reseller/ DistributorStarfish Bakery supplies scratch-made cookies sold at Clements' Marketplace Bake Shop, including the best-selling salted caramel chocolate chip and other flavors.
• Local Farmers (Nature's Harvest)minorOthersClements' Marketplace sources produce from local farmers for its Nature's Harvest department, emphasizing seasonal, local, and fresh produce to reduce transit environmental impact and support the community.

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Shaw's / Star Market: Albertsons-owned regional supermarket chain operating across New England including Rhode Island and Massachusetts. Comparable broad-line grocery competitor in same trade areas; sits as a larger incumbent rather than a specialty/prepared-focused local.
• Wegmans: Family-operated large regional supermarket chain renowned for restaurant-quality prepared foods, in-store dining, and specialty departments. Comparable around the prepared-foods/premium-grocery positioning; contrasts as a much larger multi-state operator.
• Whole Foods Market: Amazon-owned specialty grocer focused on natural/organic, premium fresh, and prepared foods. Comparable in the specialty/natural foods and prepared offerings (Clements' Natural Foods dept, Rustic Kitchen); broader incumbent operating at national scale.
• Trader Joe's: Specialty grocery chain with a curated assortment emphasizing prepared, private-label, and specialty items. Overlaps with Clements' I-Chef, gift basket, and private-label strategies; differs in nationwide footprint and warehouse-style format.
• Stop & Shop: Major Ahold Delhaize-owned supermarket chain with dense store presence throughout Rhode Island and southeastern Massachusetts. Comparable as direct in-territory competitor with broad grocery assortment; differs as a national incumbent with deeper scale, loyalty program, and e-commerce infrastructure.

Direct peers

• Dave's Marketplace: Rhode Island-headquartered independent supermarket chain operating multiple locations with strong fresh-food, prepared-foods, and ethnic specialty departments. Most directly comparable peer given overlapping geography, multi-store independent model, and reliance on differentiated fresh and prepared departments rather than center-store pricing.
• Market Basket: Large family-owned New England supermarket chain famous for low prices and broad assortment. Direct competitor operating in the same Massachusetts/Rhode Island footprint with a comparable multi-department, family-operated identity, but at materially greater scale.
• Roche Bros: Family-owned Massachusetts supermarket chain (Roche Bros / Sudbury Farms) known for in-store prepared foods, bakery, butcher, and seafood counters across greater Boston and MetroWest. Directly comparable regional family-run grocery operator with overlapping prepared-foods-led value proposition.

Regional players

• Hannaford: Ahold Delhaize-owned supermarket chain serving New England and northern New York with full-service grocery and in-store bakery/deli. Comparable as a regional full-line grocery competitor, primarily positioned in Maine/upstate New York rather than directly in Clements' core RI/southeast MA territory.
• Price Chopper / Market 32: Northeast-based independent supermarket chain (Price Chopper/Market 32) operating across upstate New York, New England, and Pennsylvania with broad grocery plus prepared-foods positioning. Comparable as a family/independent regional grocery operator, though its footprint does not overlap directly with Clements' core Rhode Island market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/clementsmarketplace
• Instagraminstagram.com/clementsmarket

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 CLEMENTS MARKET LIMITED