Kings Super Markets

Kings Super Markets

Infobox Company
name = Kings Super Markets, Inc.

type = Private
foundation = Summit, New Jersey, 1936
location_city = Parsippany, New Jersey
location_country = United States of America
locations = 26 stores (2007)
area_served = New Jersey
key_people = Bruce Weitz, Owner, President, CEO
industry = Retail
products = Grocery
revenue = $405.9m million USD (2005)
slogan = Passionate About Food
homepage = http://www.kingswebsite.com/

Kings Super Markets is a supermarket chain headquartered in Parsippany, New Jersey, with 25 upscale grocery stores in northern New Jersey and one in New York. Founded in 1936, Kings was bought by UK retailer Marks & Spencer in 1988 and later sold to a US investor group consisting of Angelo, Gordon & Co., MTN Capital Partners LLC, and Bruce Weitz, in 2006.

Kings operates today in a competitive market, operating in New Jersey alongside other chains such as Shoprite or Stop & Shop. Many features of today's mid-market stores have been offered at Kings for decades.Fact|date=November 2007 The chain operates either in, or in close proximity to, affluent suburban towns, and its stores offer a mix of traditional and upmarket grocery items. Kings also offers "COOKINGSTUDIO" cooking classes at two of its locations.

In the 1980s, Kings was one of the last supermarket chains to offer traditional S&H Green Stamps.

Marks & Spencer bought the chain in 1988 but did little to expand it into other affluent markets. Marks & Spencer later made a number of attempts to sell the chain, putting its desire to invest in the chain in doubt. New York-based Gristedes made a bid for Kings, but the chain was ultimately sold in 2006 to a US investor group for $61.5 million USD.


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