WinCo Foods | 27,024 followers on LinkedIn. Join our Winning Team and start your ownership journey! | WinCo Foods is a family of employee-owned grocery stores, with its own distribution and transportation network. The company can trace its beginnings back to 1967 when Ralph Ward and Bud Williams founded a discount warehouse grocery store in Boise, Idaho under the name of Waremart. The company operated stores under the names of Waremart Food Centers and Cub Foods until 1999 when it changed its storefront name and the corporate name to WinCo Foods, which stands for Winning Company.