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Ahold Delhaize (Stop & Shop) buys King Kullen

Posted: January 4th, 2019, 10:16 am
by cathandler
It's all over for the first supermarket chain after an 89-year run
https://www.supermarketnews.com/retail- ... ing-kullen

Re: Ahold Delhaize (Stop & Shop) buys King Kullen

Posted: January 6th, 2019, 11:04 am
by storewanderer
With as boring, uninspired, and high priced as Stop & Shop is, it is hard to imagine King Kullen was any worse. This is clearly a loss. And there appear to be a lot of overlapping stores.

Re: Ahold Delhaize (Stop & Shop) buys King Kullen

Posted: January 6th, 2019, 9:09 pm
by mjhale
storewanderer wrote:
January 6th, 2019, 11:04 am
With as boring, uninspired, and high priced as Stop & Shop is, it is hard to imagine King Kullen was any worse. This is clearly a loss. And there appear to be a lot of overlapping stores.
Any thought as to who might be interested in any overlapping stores? The only big players I can think of are Acme (Albertsons) or ShopRite. Would any of the ethnic grocers be interested especially closer to NYC?

As someone who watched Ahold destroy Giant-MD and turn it into a clone of the boring, already Aholdized Stop and Shop I can only imagine what they might do to King Kullen whether it was a quality operator or not.

Re: Ahold Delhaize (Stop & Shop) buys King Kullen

Posted: January 7th, 2019, 3:22 pm
by klkla
mjhale wrote:
January 6th, 2019, 9:09 pm
Any thought as to who might be interested in any overlapping stores? The only big players I can think of are Acme (Albertsons) or ShopRite. Would any of the ethnic grocers be interested especially closer to NYC?
If the FTC does not require any divestitures I think they would prefer to close overlapping locations instead of selling them to competitors.

Re: Ahold Delhaize (Stop & Shop) buys King Kullen

Posted: January 10th, 2019, 11:01 am
by Alpha8472
I was in New York a few months ago and visited a King Kullen. It looked clean and presentable. The store did look like it had not been remodeled since the 80s.

Re: Ahold Delhaize (Stop & Shop) buys King Kullen

Posted: January 11th, 2019, 8:58 pm
by mbz321
mjhale wrote:
January 6th, 2019, 9:09 pm
storewanderer wrote:
January 6th, 2019, 11:04 am
With as boring, uninspired, and high priced as Stop & Shop is, it is hard to imagine King Kullen was any worse. This is clearly a loss. And there appear to be a lot of overlapping stores.
Any thought as to who might be interested in any overlapping stores? The only big players I can think of are Acme (Albertsons) or ShopRite. Would any of the ethnic grocers be interested especially closer to NYC?
Acme's acquired stores from A&P in North Jersey and New York have been performing horribly. I don't see them expanding at all in that region, and possibly closing more stores. They are getting killed in their home turf too, but that's another discussion. I wonder if ShopRite would expand its 'The Fresh Grocer' banner to NY.