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2 clusters · 13 sources · 27 days · First seen about 1 month ago · Last updated 13 days ago

Giunta’s Meat Farms acquisition of King Kullen

Overview

Giunta’s Meat Farms, a family-owned grocery operator on Long Island, entered an agreement to purchase King Kullen Grocery Co., a chain recognized as America’s first supermarket. The initial announcement noted that the transaction was expected to close in September and would not change store operations or employee status.

Following the acquisition, King Kullen co-owner Joseph Giunta stated the company intends to “carry forward the legacy” of the historic chain. King Kullen President and COO Tracey Cullen indicated that the sale to a local, family-owned organization was motivated by “mutual respect and a shared commitment to the Long Island community.”

Recent reports regarding seasonal economic shifts in the grocery sector continue to note the sale of King Kullen to Giunta’s Meat Farms.

Entities

Joseph Giunta · Giunta’s Meat Farms · King Kullen Grocery Co. · United States · Michael J. Cullen

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] Giunta’s Meat Farms has acquired King Kullen. foodtradenews.com
[○ 1 SOURCE] King Kullen had previously attempted to sell to Stop & Shop in 2020. foodtradenews.com
[○ 1 SOURCE] Giunta’s Meat Farms and King Kullen share Bozzuto’s as a common supplier. foodtradenews.com

Timeline

13 days ago

[INTERNATIONAL] 13 sources
Labor Day weekend activities and trends across North America
Labor Day weekend marks the end of summer across North America, featuring community festivals in the US and Canada, seasonal retail sales, and various travel and safety trends.
about 1 month ago

[BUSINESS] 2 sources
Giunta’s Meat Farms to Acquire King Kullen, America’s First Supermarket
Giunta’s Meat Farms will buy King Kullen’s 24 supermarkets and four Wild by Nature stores, ending 96 years of family ownership; the deal closes in September and staff will be retained.

Sources

austinmoms.com · boothbayregister.com · bustle.com · comicbook.com · foodtradenews.com · goldstreamgazette.com · independent.co.uk · iusathletics.com · meridiansource.ca · narcity.com · peninsulanewsreview.com · verramobility.com · womenshealthmag.com

This summary has been updated 1 time: see revision history