SPECIAL ANALYSIS

Giunta’s Acquisition of King Kullen: Long Island Grocery Market Analysis

Aug. 19, 2026| 10 min. read

Frequently Asked Questions

Answers based on RetailStat's analysis of Giunta’s Acquisition of King Kullen: Long Island Grocery Market Analysis

Giunta's Meat Farms, a 10-store operator, is acquiring the 28-store King Kullen chain (plus 4 Wild By Nature stores), nearly quadrupling its footprint to 38 locations overnight. No price has been disclosed, and the deal is expected to close in September.

King Kullen opened on August 4, 1930, in a converted garage in Queens and is recognized by the Smithsonian as America's first supermarket. The deal means the family that invented the American supermarket is handing its stores to a neighboring operator.

Giunta's averages $942 in estimated annual sales per square foot, 73% higher than King Kullen's $543 and 46% above the Long Island average — making it the most productive multi-store grocer on the island with eight or more locations.

The two chains barely overlap on departments: Giunta's has a service meat counter in 100% of stores but a bakery in just 33% and no pharmacies, while King Kullen carries a full conventional lineup, including bakery in 96% of stores and floral in 83%. Converting everything to one banner risks squeezing a specialty format into much bigger boxes.

At close, RetailStat estimates the combined banners will generate roughly $858 million in sales, making it the island's second-largest grocery operator by store count (behind only Stop & Shop) and third by sales volume, commanding 8.3% of Long Island grocery volume.

Related Tags
#GroceryConsolidation#GiuntasMeatFarms#RetailStat#LongIslandGroceryMarket#GroceryIndustry

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