Light Rain Fog/Mist 47°
Tag:

Brian Cullen

Business
COVID-19: Stop & Shop, King Kullen Call Off Deal Due To Pandemic Impact COVID-19: Stop & Shop, King Kullen Call Off Deal Due To Pandemic Impact
Covid-19: Stop & Shop, King Kullen Call Off Deal Due To Pandemic Impact The novel coronavirus (COVID-19) pandemic has claimed another victim as the long-pending merger between Stop & Shop and King Kullen on Long Island has been called off. Stop & Shop announced in January, 2019 its plans to buy King Kullen, including 32 locations (three have since closed), five Wild by Nature organic supermarkets and the King Kullen corporate office in Bethpage. The deal had been set to close on Thursday, April 30, 2020. However, due to the COVID-19 pandemic, the two chains said they are killing the deal because of “significant, unforeseen changes in the marketplace.”…

SHARE

by Zak Failla