Kings Super Markets Company Description
Kings Super Markets has severed all ties to the British monarchy. The regional supermarket chain operates about 25 upscale grocery stores in northern New Jersey and a single store in Garden City, New York. Formerly owned by UK clothing retailer Marks and Spencer, which first put Kings up for sale in 1999, the chain was finally sold -- after several unsuccessful attempts -- in 2006 to a pair of New York-based private equity firms (Angelo, Gordon & Co. and MTN Capital Partners) and Bruce Weitz, a former CEO of Duane Reade, for about $61 million. Kings Super Markets was founded in 1936.
View the Comprehensive Company Description for Kings Super Markets
The Company Description provides a historical perspective of Kings Super Markets's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Kings Super Markets's evolution in the marketplace.
