Kings Food Markets

Kings Food Markets
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.kingsfoodmarkets.com

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

  1. "Balducci's Sold - WestportNow.com - Westport, Connecticut". www.westportnow.com.
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