Key Food Stores of Staten Island, New York, a supermarket co-operative with 217 primarily member-owned and corporate grocery stores, has acquired “The Food Emporium” banner name and related intellectual property assets from A&P.
Currently, Key Food has four stores operating under The Food Emporium banner in New York.
Key Food recently purchased 24 A&P stores, adding approximately $400 million in annual retail sales and bringing total annual retail sales to $2.3 billion.
Dean Janeway, Key Food’s CEO, said, “Key Food is excited to own The Food Emporium name and to be associated with this storied brand in the New York market. This is an exciting time for our company as we integrate The Food Emporium and other stores acquired from A&P into our supermarket family.”
Key Food plans to expand The Food Emporium banner by rebranding selected existing stores that fit the model, and with new store acquisitions.
Founded in Brooklyn in 1937, Key Food was founded in Brooklyn in 1937. In addition to Key Food, the company operates stores under the Food Universe, Key Food Marketplace, Key Fresh & Natural, Food Dynasty, The Food Emporium, Urban Market and various other banners in all five boroughs, Long Island, upstate New York, New Jersey, Connecticut and Pennsylvania.