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King Kullen

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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.”…

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by Zak Failla
Business
Stop & Shop To Acquire Chain Credited With Nation’s First Supermarket Stop & Shop To Acquire Chain Credited With Nation’s First Supermarket
Stop & Shop To Acquire Chain Credited With Nation’s First Supermarket Stop & Shop plans to buy a chain known for its title of "America's First Supermarket." King Kullen, headquartered in Bethpage, has 32 markets on Long Island. Also part of the deal are five Wild by Nature natural/organic supermarkets. “King Kullen is a well-respected grocery chain in the Long Island market that has an 88-year tradition of excellent customer service,” Stop & Shop President Mark McGowan said in a statement. “We look forward to bringing our quality, selection and value to more communities in Nassau and Suffolk counties.” Stop & Shop, which expec…

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by Joe Lombardi