This article is about the historic original Star Market chain owned by the Mugar family. For later owners, see Shaw's and Star Market. For the now defunct Hawaii-based chain, see Times Supermarkets. For the Chinese stock market for science and technology companies, see Shanghai Stock Exchange STAR Market.
The Star Market Company
Company type
Subsidiary of Albertsons Companies, Inc.
Industry
Retail
Founded
1915 (109 years ago) (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.
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