Advertisement

Stop & Shop Acquires Supermarket Pioneer King Kullen

Stop & Shop will acquire King Kullen Grocery Co., a Long Island, N.Y.-based supermarket chain. The agreement includes 32 King Kullen supermarkets, five Wild by Nature stores and the use of its corporate offices in Bethpage, N.Y. The deal is expected to close in Q1 2019.

The first King Kullen opened in 1930, and The Smithsonian Institution acknowledges the retailer as America’s first supermarket. However, the retailer has struggled with competition from larger chains and online grocery services in recent years, according to Supermarket News.

Advertisement

Stop & Shop currently operates 51 locations on Long Island, and has not yet revealed whether the King Kullen stores will remain open, change banners or close. Stop & Shop spokeswoman Jennifer Brogan told Supermarket News that the retailer “will evaluate the stores and make these decisions in the near future.”

The deal is the second acquisition of a Long Island supermarket chain in the past six weeks: Lidl announced its acquisition of Best Market, which operates 24 stores in the region, in November 2018. Financial terms were not released for either acquisition.

Featured Event

Join the Retail Trendcaster Webinar Series to uncover key 2025 retail trends, from AI and personalization to social commerce. Gain expert insights, data-driven predictions, and actionable takeaways to stay ahead in a rapidly evolving market.

Advertisement

Advertisement

Retail Trendcaster Webinar Series
Days
Hours
Minutes
Seconds

Uncovering What’s Next in Retail

March 17-19, 2025  |  Free On-Demand Digital Event

Q1 is a pivotal time for retail, with experts analyzing holiday sales and forecasting trends. Join Retail TouchPoints’ Retail Trendcaster webinar series for insights on consumer spending, AI, personalization, social commerce, and more—helping you focus on what truly matters in 2025.

Brought to you by
Retail TouchPoints
Register Now
Retail TouchPoints is a brand of Emerald X LLC. By clicking the button and submitting information, you acknowledge and agree that your information may be shared with corporate affiliates of Emerald X LLC, and other organizations such as event hosts, speakers, sponsors, and partners. Please read our Privacy Policy and our Terms Of Use for more information on our policies.

Access The Media Kit

Interests:

Access Our Editorial Calendar




If you are downloading this on behalf of a client, please provide the company name and website information below: