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700 Lanidex Plaza Parsippany, NJ 07054-2705 NJ Tel. 973-463-6300 Toll Free 800-325-4647 Fax 973-463-6512 |
Type: Private
On the web:
http://www.kingswebsite.com
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.
Officers:
Chairman: James A. (Jim) Demme
President and CEO: Bruce Weitz
Senior Director, Store Operations: Rich Durante
Competitors:
A&P
Inserra Supermarkets
Stop & Shop


