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Save-A-Lot

Business
NYC Grocer Enters Hartford-Area, Opens New Market NYC Grocer Enters Hartford-Area, Opens New Market
NYC Grocer Enters Hartford-Area, Opens New Market A new grocery store chain is stepping further into Connecticut with the recent opening of a new store. Key Food Supermarket recently opened on Park Street in the former home of a Save A Lot in Hartford. Key Foods has hundreds of stores, most are located in New York and New Jersey. There are about six locations in Connecticut including stores in Bridgeport and Waterbury. In October, the company inked a major deal with supplier UNFI to stock shelves with everything from organic apples, to shampoo, to burgers, and milk. Key Food Stores Co-op includes more than 315 corporate and cooperative, …

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by Kristin Palpini
Business
What Is That? Amazon 'Lockers' Quietly Pop Up Across Connecticut What Is That? Amazon 'Lockers' Quietly Pop Up Across Connecticut
What Is That? Amazon 'Lockers' Quietly Pop Up Across Connecticut Large, brightly-colored “lockers” that open with digital-access codes are popping up around apartment buildings, as well as grocery and convenience stores in Connecticut and Massachusetts. They’re Amazon Hub Lockers. The lockers are a newer form of Amazon delivery service where customers can pick up orders from a locker instead of their homes. It’s a service aimed at people concerned packages sitting outside their residences could be stolen. Customers can also make returns at the lockers, too. The service was launched in 2018 and Amazon has been quietly adding lockers to communities. The …

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by Kristin Palpini
Business
Parent Company Of Balducci’s, Kings Food Markets Files For Bankruptcy Parent Company Of Balducci’s, Kings Food Markets Files For Bankruptcy
Parent Company Of Balducci’s, Kings Food Markets Files For Bankruptcy KB US Holdings, the parent company of Kings Food Markets and Balducci’s Food Lover’s Market, which has locations throughout the region, has filed for Chapter 11 bankruptcy amid the COVID-19 pandemic. The company announced this week that “it has accepted a stalking horse bid from TLI Bedrock to purchase the company for $75 million.” To facilitate the sale, KB and its subsidiaries have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of New York. Kings currently operates 25 specialty supermarkets, including 23 in New Jerse…

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by Zak Failla