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SUPERMARKET REPORT
JULY 2015 • The Griffin Report of the Northeast
51
Star Market 100th Anniversary
From page 46
Court ruled in his favor, making it the first store in the nation to be built on air rights. The 1950s and 1960s were a period of accelerated expansion and new beginnings and innovations for Star. These innovations included: touch systems for cashiers; refrigerated cooked foods; self-service meats; wrapped produce; profit sharing; paid vacations; and bundle pickup, which included a conveyor belt system that moved groceries to a central loading point for customer pickup. In the early 1960s, Star Market also acquired Brigham’s Ice Cream, a popular ice cream shop in New England. In 1964, Star Market merged with Chicago’s Jewel Tea Co. With the sale in 1964, Jewel chose to retain the original name and identity of Star Market but also created a new brand, Star Osco, a combination of a food and drug stores. Today, Osco Drug is the flagship pharmacy of some company stores. Jewel also combined Star Market in some retail centers with Turn Style to form Turn Style/Star Market Family Centers, which included a Star Market, an Osco Drug, a Turn Style and a Brigham’s Ice Cream Shop. Things did not slow down over the next two decades as Star entered the wholesale business and served as a supplier to independently owned Star Markets. Jewel was acquired by American Stores in 1984, and the Star-Osco stores were rebranded as Star Market and placed under a single management team. American Stores chose to sell off Star Market and, in 1994, found a new buyer for Star Market in Investcorp. The new leader for Star Market was Henry Nasella, who came to the company after serving as president and COO for Staples. Nasella served as president, chairman, and CEO of Star Market, expanding the supermarket chain to include new specialty and organic brands such as Wild Harvest. Another important sale came in fall 1999 when London, England-based Sainsbury’s merged Shaw’s to form Shaw’s/Star Market. In 2004, Albertson’s purchased Sainsbury’s American supermarket assets and Star Market. In 2006, a partnership of Supervalu and other investment firms, including Cerberus Capital Management acquired Albertson’s with the intent to divvy up the assets. Supervalu received Shaw’s and Star Market. In 2012, Albertsons NAI with Cerberus purchased Shaw’s and Star Market.
Important Dates
in Star Market H
istory
1915: Sarkis Mug ar purchases a Star Market store in Watertown, Massa chusetts, for $900 1922: Sarkis’ son, . Stephen Mugar, ta ke s ov er Star Market at 17 years old. 1948: Opening of new and innovativ e Newtonville stor 1964: Star Marke e. t merges with Jew el Tea Co. of Chicago form a new brand to called Star Osco. 1984: Jewel/Star M arket is purchased by American Stor 1994: Star drops es. the Osco designatio n and is sold to Investcorp; Henry Nasella is appointe d the new leader of Star Market. 1996: Star develo ps the Wild Har ve st brand. 1999: J Sainsbur y Plc, owner of Shaw ’s Supermarkets, purchases Star M arket. 2004: Albertson’s purchases Shaw ’s/ Star Market. 2006: Super valu pu rchases Shaw ’s/St ar Market. 2012: Albertsons NAI-Cerberus pu rchases Shaw ’s/St Market. ar 2015: Star Marke t marks 100th anni versar y.
The Founder of Dutch Maid Bakery, Abram Blanken, worked in Star Market’s Commercial Bakery “Dorothy Muriel’s.”
We want to Thank Star Market for the 37 years of partnership
DutchMaid_07_GR_Shaws.indd 1 Shaws-StarMarket-section.indd 51
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