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Kings Food Markets is an American food market chain headquartered in Parsippany, New Jersey, with stores in northern New Jersey, New York, and Connecticut. From 1988 to 2006, it was owned by British retailer Marks & Spencer. [2] In 2009, Kings acquired Balducci's. [3]
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Pathmark was formed out of the Wakefern Food Corporation, parent company of ShopRite, Wakefern was both a wholesale operation and a retail operation; among its members was a subgroup, Supermarkets Operating Co., in Union, New Jersey, [4] formed in 1956 by Alex Aidekman, Herb Brody, and Milt Perlmutter. [5]
Acme in King of Prussia, Pennsylvania in May, 2014 (Store #1756). This store closed in 2018. From 1978 to 1982, Acme acquired many stores during Food Fair's bankruptcy, including both ex-Food Fair (by then known as discount grocer Pantry Pride) and Penn Fruit units. The bulk of these dated to the 1950s.
More than two dozen Kings Food Markets and Balducci’s Food Lover’s Markets are being sold for $96.4 million in cash in a bankruptcy auction.
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During the 1970s and '80s, Key Food was connected to a trucking firm that committed $10 million worth of tax fraud. [4] [5] [6]In 1984, LAMM Food Corporation of Port Washington, New York – an affiliate that operated four Key Food stores at the time – was among three chains charged with price fixing for conspiring to stop redeeming discount coupons at double and triple their face value in ...