BNET Industries
- Private
- US
Dow Jones Description
Retailer of Groceries
President & CEO
Norman S. RichNumber of Employees 150
Peer Companies
NAICS Code Supermarkets and Other Grocery (except Convenience) Stores: 445110
News & Analysis
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kings super markets inc. and marks & spencer - All News and Analysis
Gristede's makes another move for kings.(Kings Super Markets acquisition)(Brief Article)
Late last week, New York-based Gristede's Foods, Inc. announced it will pay $120 million for the upscale Parsippany, NJ-based Kings Super Markets chain. This deal is contingent upon Gristede's selling $150 million in senior notes on the bond market. The current offer is $35...
Sale of Parsippany, N.J.-Based Kings Super Markets Is Still Not Final.
By Kevin G. DeMarrais, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Oct. 31--The sale of Kings Super Markets Inc. remains on hold, with no end to the three years of on-again, off-again negotiations in sight. Nearly 4 1/2 months after...
Parsippany, N.J.-Based Supermarket Chain Is Purchased for $160 Million.
By Teresa M. McAleavy, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Jul. 23--Kings ended its 21 months on the selling block Monday when D'Agostino's signed a deal to purchase the upscale food chain for $160 million in cash. ...
Kings Super Markets may finally have a buyer.
Just days after announcing an "exclusivity agreement," It New York-based Gristede's Foods, Inc. has reached "an agreement in principle" to acquire Kings Super Markets, Inc., Parsippany, NJ, from Marks & Spencer PLC, its British owner since 1988, revealed The Bergen Record (June 6). The deal, which...
New York-Based Grocery Chain May Buy Kings Super Markets.
By Kevin G. Demarrais, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Jun. 6--The Kings sweepstakes winner is Gristede's. Again. Maybe. After apparently losing out to another upscale chain, New York-based Gristede's Foods Inc. has reached "an agreement in...
Parsippany, N.J.-Based Kings Super Markets Inc. Still Seeks a Buyer.
By Kevin G. DeMarrais, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News May 3--A month after its owner's self-imposed deadline and 13 months after it was put on the selling block, Kings Super Markets Inc. remains unsold and its British owner seems...
New York-Based Supermarket Company Moves to Fore in Bid on British-Owned Chain.
By Kevin G. DeMarrais, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Mar. 16--D'Agostino is trying to move closer to you. Gristede's, the well-known New York-based chain that was the apparent front-runner to take over Kings Super Markets two months ago, ...
Deal May Be in Works for British-Owned Kings Super Markets.
By Kevin G. DeMarrais, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Jan. 8--Gristede's, the upscale New York City-based chain, has emerged as the front-runner in the bidding to purchase Kings Super Markets Inc. from its British owners. A deal could...
New Prospective Buyers For Kings Super Markets Emerge.(Brief Article)
D'Agostino Supermarkets, Larchmont, NY, has been added to the list of potential buyers for the Kings Super Markets chain, which is being sold by London-based retailer Marks & Spencer, reported Supermarket News (Oct. 8). In August, Red Apple Food Group expressed interest in bidding for the...
Parsippany, N.J.-Based Supermarket Chain for Sale Again by British Parent Firm.
By Kevin G. DeMarrais, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Mar. 30--For the second time in 18 months, the Kings supermarket chain is on the selling block, and a management team led by chief executive Alan Levitan is again expected...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Norman S. Rich | President & CEO |
| Organization | Position | Status |
|---|---|---|
| Weis Transportation, Inc. | President & CEO | Current |
| King's Supermarkets, Inc. | President & CEO | Current |
| Shamrock Wholesale Distributors, Inc. | President & CEO | Current |
| Weis Markets, Inc. | CEO | Current |
| Weis Markets, Inc. | President | Former |
| Weis Markets, Inc. | Board of Directors | Former |
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