From Inc · · 40s
Kings Food Markets Closures
Kings Food Markets faces store closures as it struggles to compete with major retailers in New Jersey.
In brief
Kings Food Markets faces store closures as it struggles to compete with major retailers in New Jersey. Kings Food Markets is closing stores after years of ownership changes and failed attempts to adapt to shifting customer demographics. Originally reported by Inc.
Kings Food Markets Closures
Kings Food Markets filed for Chapter 11 bankruptcy protection in 2020 and Acme Markets bought the chain for $96.4 million.
Recent Store Closures
Kings has closed stores in Hillsdale, Whitehouse Station, Maplewood, Long Hill, Hoboken, Bernardsville, Warren, and Chatham.
Demographic Shifts
Kings Food Markets struggled to adapt to New Jersey's changing demographics after being sold to Marks & Spencer 25 years ago.
At a glance
Kings Food Markets is closing stores after years of ownership changes and failed attempts to adapt to shifting customer demographics.
