Stop & Shop Acquires King Kullen Supermarkets

Fairfield, Conn.-based Stop & Shop Supermarket Co. has entered into a definitive agreement with King Kullen to acquire three supermarket locations on Staten Island, N.Y.

The grocery stores are located at:

1441 Richmond Avenue, Staten Island, New York.
3251 Richmond Avenue, Staten Island, New York.
4343 Amboy Road, Staten Island, New York

Stop & Shop operates two stores on Staten Island. The company plans to open the 1441 Richmond Avenue and 4343 Amboy Road stores, and close the 3251 Richmond Avenue site. The sale is still pending approval.

“Stop & Shop is looking forward to expanding our presence on Staten Island,” says Don Sussman, division president of Stop & Shop's NY Metro Division. “These new locations will offer more island customers the best combination of quality, convenience and value they have come to expect from Stop & Shop.”

The Stop & Shop Supermarket Co. operates nearly 400 stores throughout Massachusetts, Connecticut, Rhode Island, New Hampshire, New York and New Jersey.
 

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