Kings Food Markets
Kings Food Markets logo | |
Private | |
Industry | Retail |
Founded | Summit, New Jersey, 1936 |
Headquarters | Parsippany, New Jersey, United States of America |
Number of locations | 25 stores (2018) |
Area served | Connecticut, New Jersey, New York. |
Key people | Judith Spires, CEO |
Products | Grocery |
Revenue | $405.9 million USD (2005) |
Owner | Angelo, Gordon & Co. and MTN Capital Partners |
Website |
www |
Kings Food Markets is an upscale food market chain headquartered in Parsippany, New Jersey, with stores in northern New Jersey, New York, and Connecticut. Founded in the 1936, Kings was bought by UK retailer Marks & Spencer in 1988 and later sold to a US investor group consisting of Angelo, Gordon & Co. and MTN Capital Partners LLC in 2005.
As of 2018, Kings' New Jersey competitors include Whole Foods Market and Trader Joe's. The chain operates either in, or in close proximity to, affluent suburban towns, and its stores offer a mix of upscale and traditional grocery items.
In the 1980s, Kings was among the final supermarket chains to offer traditional S&H Green Stamps.
In 2009, Kings acquired Balducci's. [1]
References
- ↑ "Balducci's Sold - WestportNow.com - Westport, Connecticut". www.westportnow.com.
This article is issued from
Wikipedia.
The text is licensed under Creative Commons - Attribution - Sharealike.
Additional terms may apply for the media files.