 | |
| Company type | Subsidiary of Albertsons Companies, Inc. |
|---|---|
| Industry | Retail |
| Founded | 1915 in Watertown, Massachusetts |
| Founder | Sarkis Mugar |
| Fate | Merged with Shaw's but brand revived under current ownership |
| Products | Supermarkets/food-drug stores |
| Parent | Albertsons Companies |
Star Market is a New England chain of supermarkets based in Greater Boston. It was owned by the Mugar family and started in 1915. The company was sold to The Jewel Companies, Inc. in 1964 and later to Investcorp, which in turn sold the chain to Shaw's Supermarkets. As stores were remodeled, many adopted the Shaw's name, leaving only a handful of Star Market stores operating by the late 2000s. In 2008, Shaw's began to revive the name, a trend which was expedited after the parent company of both chains was sold to Cerberus Capital Management. Today, both Shaw's and Star Market are administered as a single division.