| Star Market |
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| CATEGORIES ABOUT STAR MARKET | |
| supermarkets of the united states | |
| mugar family | |
| companies established in 1916 | |
| 1964 disestablishments | |
| defunct supermarkets of the united states | |
Star Market was a New England chain of Supermarkets owned by the Mugar Family and based in Greater Boston . HUMBLE BEGINNINGS In 1916, Sarkis Mugar, an and encouraged him to further his education at Tufts , where John went on to graduate Magna Cum Laude in 1937 and serve as a Trustee from 1966-1989. PRE-WAR EXPANSION The second Star Market was opened in Newtonville in 1932 and the third one was opened in Wellesley in 1937. http://www.ci.watertown.ma.us/DocumentView.asp?DID=643 John Mugar, (1914-2007), joined Stephen in management but had to leave to serve in the U.S. Navy during World War II . POST-WAR EXPANSION After the war ended, John Mugar returned to the Star Market management, and with wartime restrictions and shortages over, Stephen and John were ready to expand throughout Greater Boston to meet the increased affluence and consumer demand. The second Star Market in Newtonville opened in 1948 and was the Mugar's first supermarket. It was the proptype of the other modern supermarkets that they opened during this period. Meats and produce were packaged in cellophane wrappers to make them more appealing to consumers. A conveyor belt carried bags of groceries to a central pickup station by the parking lot. Customers tired of no self service at stores such as A&P or self service but little else at First National Stores came from miles around to patronize the new Star Market. John M. Mugar later followed Stephen as President and Chairman of the chain. AFTER SALE BY MUGAR FAMILY 1n 1964 the Star Market company was merged into Chicago’s Jewel Tea Company , which chose not only to retain the original name and identity of Star Market, but also John M Mugar as President and later Chairman. John Mugar stayed on as Chairman until 1978. While Jewel owned Star Market it built many combination food-drug stores that it branded as "Star-Osco," with common checkstands but separate management teams. After Jewel was acquired by American Stores in 1984, the Star-Osco stores were re-badged as Star Markets, and placed under a single management team. In 1999 Albertsons acquired American Stores . When American Stores sold Star Markets in 1994 to Investcorp , the Osco connection was ended for a time. In 1999, Investcorp sold the Star Markets to Sainsbury's . But when Albertsons bought Sainsbury's American supermarket assets in 2004, including Star Markets, Star Market and Osco were reunited under one corporate umbrella. By 2005, the signs on the front of all of Albertsons-owned grocery stores with in-store pharmacies were changed, adding either "Osco" or "Sav-On" to the store's logos, to emphasize the one-stop shopping available inside. The drug store name chosen reflected which of Albertson's drug chains operated in the specific marketing area. Because New England had previously been an Osco market area, the Shaw's and Star Markets with pharmacies were renamed "Shaw's-Osco" and "Star-Osco." On June 2, 2006, a partnership of Supervalu , CVS Corporation , and several investment firms including Cerberus Capital acquired Albertsons with the intent to divy up the parts. Supervalu received what is generally thought of as the best-performing assets, which included Shaw's and Star Market. |
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