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Business

Stop & Shop will buy King Kullen, a Long Island supermarket icon




The King Kullen super-chain chain, a business icon on Long Island for decades, will be purchased by Stop & Shop.

Quincy, Massachusetts-based Stop & Shop, said Friday that the deal will provide all King Kullen's stores: 32 supermarkets and five Wild by Nature natural food stores, all on Long Island. It will also be used by King Kullen's Bethpage headquarters.

A price for the deal was not disclosed.

"Our family has been in the grocery industry for 88 years," said Brian Cullen, co-president of King Kullen Grocery Co.. that the best option for our family and staff was to merge King Kullen into Stop & Shop.

"We are grateful to our Long Island customers and employees over generations and proud to have supported so many fine organizations, an honor and a privilege to be part of the drug on this island for all these years." 1[ads1]9659003] King Kullen is a prominent local company and one of Long Island's largest employers, says Kevin S. Law, president and CEO of the Long Island Association, the region's largest corporate group.

"They will certainly be missed, and it remains to be seen whether Stop & Shop can fill the void that the great men and kings of King Hill … have earned for almost the last century," he said.

Con solidization occurs across all industries, so it is not surprising that the major national and international chains will ultimately acquire homemade local chains, Law says.

The announcement comes the same week that Lidl US, the American arm of German discount buyer Lidl, closed off the purchase of Bethpage-based Best Market 27 stores in New York and New Jersey, including 24 on Long Island.

This deal, announced in November, left King Kullen as the last major family-owned supermarket chain in Long Island, says retail expert Burt Flickinger III, who founded Manhattan-based strategic resource group and has studied Long Island retail.

King Kullen and Stop & Shop did not provide details of the number of employees in King Kullen, whether the name King Kullen will be preserved, or how many stores will close. "Stop & Shop is committed to keeping as many employees as possible through this transaction," said Jennifer Brogan, Stop & Shop's communications and community manager.

Bethpage resident Frank Folly, 74, who said he trades at King Kullen regularly, said outside the chain's Bethpage supermarket on Friday that he hopes the merger will not affect the company's employees. "My hope is that this store and the others stay open," he said.

Audrey Ospina, 61, from Bethpage, said she stopped at the Bethpage store "because I wanted some chocolate ice cream. It was a rare occasion I bought something here." She noted that Stop & Shop's acquisition of King Kullen is part of the industry's consolidation: "These supermarket chains are still taking over each other."

Stop & Shop's acquisition of King Kullen provides consumers with benefits by lowering prices, Flickinger said.

"This is Stop & Shop which increases its procurement power to lower prices against Lidl and the Amazon food store Armageddon," he said.

The first King Hill opened in Queens in 1930. King Kullen marks itself as "America's first supermarket," a claim confirmed by the Smithsonian Institution.

King Kullen places on Long Island

Where to find 32 King Kullen shops (in blue) and associated Wild by Nature stores (purple).

"King Kullen is a respected grocery store in the Long Island market, which has an 88-year tradition of excellent customer service," said Stop McGowan, president of Stop & Shop. "We look forward to bringing our quality, variety and value to several local communities in Nassau and Suffolk counties. "

Stop & Shop Supermarket Co. has the largest market share among Long Island supermarkets, with 35.25 percent of sales, according to Food Trade News, a Columbia, Maryland-based publication. Stop & Shop employs more than 61,000 workers and operates more than 400 stores in Massachusetts, Connecticut, Rhode Island, New York and New Jersey, with 51 stores in Long Island. 19659003] The chain is owned by Ahold Delhaize, a Dutch retailer, where other food stores include Food Lion, Giant Food and Hannaford, and Ahold also owns Peapod, the online store dealer.

United Food and Commercial Workers International Union Local 1500 in Wes. Tbury represents about 2,700 employees in King Kullen and Wild by Nature, including Deli employees, produces workers and cashiers, and UFCW Local 342 in Mineola represents about 300 employees in the King Kullen and Wild by Natures meat and deli divisions, the union said.

Kong Kullen has closed more stores than it has opened in recent years. It closes five stores between 2015 and 2017: in Selden, Syosset, Commack, Northport and East Setauket. King Kullen opened a store in a former Waldbaum room in North Patchogue in 2015. The competition among grocery stores is growing, nationally and on Long Island, as new food channels are emerging and older outlets are consolidating, said Jeff Metzger, publisher of Food Trade News.

Kong Kullen has a strong heritage, Metzger says, but the chain has not invested heavily in building new stores or rehabbing existing ones. "And the old cliché is if you're stylishly quiet, you're kind to go back," he said.

The agreement is expected to close in the first quarter of this year, says Stop & Shop. 19659030] Headshot "of =" "newsday =" "employee =" "daysi =" "calavia-robertson =" "on =" "june =" "width =" 88 daysi Calavia-Robertson is a business reporter covering agriculture, retail, travel and tourism and special interest topics, covering lifestyle and entertainment on camera.



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