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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.
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Address: |
700 Lanidex Plaza Parsippany, NJ 07054-2705
| | Phone: | 973-463-6300 | | Fax: | 973-463-6512 |
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| Financial
Highlights | | Fiscal Year End: | March |
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Key People
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Chairman:
James A. (Jim) Demme
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President and CEO:
Bruce Weitz
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Senior Director, Store Operations:
Rich Durante
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