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Balducci's

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uuid000n6sy

Namestring
Balducci's
Legal namestring
Balducci's (operated by Albertsons Companies, Inc.)
Websiteurl
balduccis.com
Company typeenum
Private
Founded yearint
1916
Descriptiontext

Balducci's is a regional gourmet grocery chain operating six full-service retail locations across affluent suburban markets in Connecticut (Greenwich), Maryland (Bethesda), New York (Rye Brook and Scarsdale), and Virginia (Alexandria and McLean). Founded in 1916 and headquartered in Parsippany, New Jersey, the company targets quality-conscious consumers seeking premium produce, prime meats, fresh seafood, imported cheeses, chef-prepared foods, and international specialty items. The brand is wholly owned and operated by Albertsons Companies, Inc. (NYSE: ACI), one of the largest U.S. supermarket operators, which provides the underlying technology, supply chain, and corporate infrastructure.

The company operates an omnichannel retail model combining physical stores with a proprietary e-commerce website and native iOS/Android mobile applications. Core service offerings include DriveUp & Go™ curbside pickup (available within 30 minutes in select locations), home grocery delivery, Flash Delivery (30-minute delivery in select areas), and SNAP EBT acceptance for online orders. Recurring revenue streams are built around the FreshPass™ subscription (monthly and annual tiers offering unlimited free delivery and 5% off private label brands), the Schedule & Save automated ordering program (5% recurring discount), and the Balducci's for U™ loyalty program (freemium rewards with up to 35% weekly savings for top members). Catering and gift services supplement transaction-based revenue. Underlying technology is standard grocery retail infrastructure, powered by Albertsons' enterprise platform, with no disclosed proprietary AI/ML systems, APIs, or differentiated technology stack.

Revenue is generated primarily through transactional in-store and online grocery sales, supplemented by alcohol sales (where permitted), subscription fees, and catering. The company serves affluent suburban households as its primary segment, with secondary segments including food enthusiasts and SNAP EBT recipients. Balducci's does not publicly disclose standalone financials, as it operates as a private subsidiary within Albertsons' multi-brand portfolio.

Short descriptiontext

Balducci's is a regional gourmet grocery chain operating six premium retail stores in affluent Mid-Atlantic and Northeast suburbs, offering omnichannel grocery, curbside pickup, delivery, catering, and subscription services under Albertsons Companies ownership.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersParsippany, United States
HQ citystring
Parsippany
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices6 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
gourmet grocery retail, specialty food stores, curbside grocery pickup, online grocery delivery, fresh prepared foods
Industry3 codes
1Gourmet & Fine Food Stores
CodeCRAHAGAGPrimaryYes
2Health Food & Supplement Stores
CodeCRAHAEACPrimaryNo
3Breakfast-to-Go (Breakfast Sandwiches, Parfaits, Oatmeal)
CodeCRAHAKAGPrimaryNo
NAICS code2 codes
  • Specialty Food Retailers4452
  • Other Specialty Food Retailers44529
SIC code1 code
  • Retail-Grocery Stores5411
Product category
Gourmet Grocery Retail
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model5 records
1Grocery Retail Sales
TypeTransaction Fee
Description

In-store and online sales of grocery products including fresh produce, dairy, meat, seafood, bakery items, frozen foods, pantry staples, household goods, and personal care products

balduccis.com
2Alcohol Sales
TypeTransaction Fee
Description

Sales of beer, wine, and spirits with varying hours by state regulations. Includes delivery options where permitted by law

balduccis.com
3Catering Services
TypeTransaction Fee
Description

Chef-prepared foods and catering trays for events and special occasions, available through online ordering, in-store, or mobile app

balduccis.com
4FreshPass Subscription
TypeSubscription Recurring
Description

Monthly and annual subscription tiers offering unlimited free delivery, discounts on private brands, and monthly credits. 30-day free trial available

balduccis.com
5Loyalty Program Participation
TypeSubscription Recurring
Description

Balducci's for U™ generates customer data and engagement while driving repeat purchases through personalized rewards and deals

balduccis.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels6 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Pricing details5 tiers
1FreshPass Subscription - Monthly
ModelSubscriptionBilling cadenceMonthly
Notes

Monthly subscription with unlimited free delivery, 5% off Signature Pet Care & Open Nature brands

balduccis.com
2FreshPass Subscription - Annual
ModelSubscriptionBilling cadenceAnnual
Notes

Annual subscription earns $5 monthly credits ($60 value). Includes all monthly benefits plus additional perks

balduccis.com
3Schedule & Save
ModelSubscriptionBilling cadenceMonthly
Notes

5% extra savings on groceries when subscribed to automated recurring orders. Applicable to produce, meat, seafood, and general groceries

balduccis.com
4Balducci's for U™ Loyalty
ModelFreemiumBilling cadenceMonthly
Notes

Free membership offering personalized deals, points on purchases, and weekly savings up to 35% for top members

balduccis.com
5First-Time Online Order Promotion
ModelOtherBilling cadencePay-as-you-go
Notes

$30 off first DriveUp & Go™ or delivery order when spending $75 or more. Restrictions apply

local.balduccis.com
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Balducci's is a regional gourmet grocery retailer that sells fresh produce, prime-cut meats, fresh fish, imported cheeses, baked goods, deli items, sushi, pantry staples, and household goods through six full-service physical stores and an omnichannel digital experience. Beyond in-store shopping, the company offers curbside pickup (DriveUp & Go™), home delivery, chef-prepared catering trays, gift baskets, subscription boxes, and SNAP EBT online acceptance. Recurring revenue is generated through the FreshPass™ delivery membership and Schedule & Save automated orders, while the Balducci's for U™ loyalty program drives repeat engagement with up to 35% weekly savings for top members.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Top members save 35% weekly with Balducci's for U™ program
+3 more records
Product overview1 text field

Balducci's is a gourmet grocery store chain operating under Albertsons Companies, offering a unified omnichannel retail experience combining physical store locations with digital shopping capabilities. The core product portfolio centers on in-store grocery retail supplemented by DriveUp & Go™ curbside pickup and Grocery Delivery services. The Schedule & Save subscription enables automated recurring orders with 5% savings, while the FreshPass™ membership provides unlimited free delivery and exclusive discounts. The Balducci's for U™ loyalty program delivers personalized deals and rewards, with top members saving up to 35% weekly. Additional services include Catering for events, Grocery Gifting, and SNAP EBT payment acceptance. A mobile app available on iOS and Android extends the shopping experience to digital channels.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMinorTypeGTM or Marketing Partner
Description

Red Bull promotional partnership featuring exclusive summer edition products and sponsored content on the Balducci's platform.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Premium Italian gourmet marketplace combining retail, foodservice, and education. Overlaps with Balducci's on imported cheeses, prepared foods, and experiential gourmet shopping.

TypeDirect peer
Description

The largest US premium/specialty grocery chain, now owned by Amazon. Direct competitor to Balducci's in gourmet assortment, prepared foods, and affluent customer targeting, though at vastly greater scale and national footprint.

TypeDirect peer
Description

Specialty grocer focused on fresh produce, premium meats, seafood, and chef-prepared meals. Closely comparable to Balducci's in store format, customer segment, and product mix.

TypeDirect peer
Description

Iconic gourmet food retailer specializing in premium imported and artisanal products. Direct historical comparable to Balducci's premium positioning in urban/suburban affluent markets.

TypeRegional player
Description

Mid-Atlantic regional natural/organic grocer with strong prepared foods and sustainability positioning. Overlaps with Balducci's on health-conscious and gourmet customer base, primarily in DC/Philly/NJ markets.

TypeDirect peer
Description

East Coast regional premium grocer with strong fresh, prepared foods, and in-store experience reputation. Closest direct competitor to Balducci's in core Northeast/Mid-Atlantic markets.

TypeDirect peer
Description

NYC-area premium gourmet grocer and seafood specialist with strong prepared foods and catering. Competes with Balducci's for the same affluent Northeast foodie demographic.

TypeDirect peer
Description

Specialty grocer with curated assortment, strong private label, and cult-like customer loyalty. Competes with Balducci's for the same quality-conscious, food-curious consumer.

TypeRegional player
Description

Family-owned Northeast regional grocer known for fresh, prepared, and experiential retail. Comparable in scale and customer demographic to Balducci's, but concentrated in CT/NY/NJ.

TypeDirect peer
Description

NYC-based specialty grocer focused on fresh, gourmet, and international products. Direct competitor in the Northeast premium food retail space.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Balducci's

Gourmet Grocery Retailbalduccis.com

Balducci's is a regional gourmet grocery chain operating six premium retail stores in affluent Mid-Atlantic and Northeast suburbs, offering omnichannel grocery, curbside pickup, delivery, catering, and subscription services under Albertsons Companies ownership.

What Balducci's does

Balducci's is a regional gourmet grocery chain operating six full-service retail locations across affluent suburban markets in Connecticut (Greenwich), Maryland (Bethesda), New York (Rye Brook and Scarsdale), and Virginia (Alexandria and McLean). Founded in 1916 and headquartered in Parsippany, New Jersey, the company targets quality-conscious consumers seeking premium produce, prime meats, fresh seafood, imported cheeses, chef-prepared foods, and international specialty items. The brand is wholly owned and operated by Albertsons Companies, Inc. (NYSE: ACI), one of the largest U.S. supermarket operators, which provides the underlying technology, supply chain, and corporate infrastructure.

The company operates an omnichannel retail model combining physical stores with a proprietary e-commerce website and native iOS/Android mobile applications. Core service offerings include DriveUp & Go™ curbside pickup (available within 30 minutes in select locations), home grocery delivery, Flash Delivery (30-minute delivery in select areas), and SNAP EBT acceptance for online orders. Recurring revenue streams are built around the FreshPass™ subscription (monthly and annual tiers offering unlimited free delivery and 5% off private label brands), the Schedule & Save automated ordering program (5% recurring discount), and the Balducci's for U™ loyalty program (freemium rewards with up to 35% weekly savings for top members). Catering and gift services supplement transaction-based revenue. Underlying technology is standard grocery retail infrastructure, powered by Albertsons' enterprise platform, with no disclosed proprietary AI/ML systems, APIs, or differentiated technology stack.

Revenue is generated primarily through transactional in-store and online grocery sales, supplemented by alcohol sales (where permitted), subscription fees, and catering. The company serves affluent suburban households as its primary segment, with secondary segments including food enthusiasts and SNAP EBT recipients. Balducci's does not publicly disclose standalone financials, as it operates as a private subsidiary within Albertsons' multi-brand portfolio.

Balducci's firmographics

Firmographics
Name
Balducci's
Legal name
Balducci's (operated by Albertsons Companies, Inc.)
Website
https://balduccis.com
Company type
Private
Founded year
1916
Operating status
Operating
Headcount range
251–500 employees
Short description
Balducci's is a regional gourmet grocery chain operating six premium retail stores in affluent Mid-Atlantic and Northeast suburbs, offering omnichannel grocery, curbside pickup, delivery, catering, and subscription services under Albertsons Companies ownership.
Ownership category
akta.pro rank

Balducci's industry classification

Industry
Product category
Gourmet Grocery Retail
NAICS
Specialty Food Retailers (4452), Other Specialty Food Retailers (44529)
SIC
Retail-Grocery Stores (5411)
akta.pro primary industry
Gourmet & Fine Food Stores (CRAHAGAG)
akta.pro secondary industries
Health Food & Supplement Stores (CRAHAEAC), Breakfast-to-Go (Breakfast Sandwiches, Parfaits, Oatmeal) (CRAHAKAG)

Keywords

  • Gourmet grocery retail
  • Specialty food stores
  • Curbside grocery pickup
  • Online grocery delivery
  • Fresh prepared foods

Where Balducci's is headquartered

Location

Headquarters

HQ city
Parsippany
HQ country
United States
HQ region
North America

Offices6 records

Markets served

Balducci's business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

  1. Grocery Retail Sales: In-store and online sales of grocery products including fresh produce, dairy, meat, seafood, bakery items, frozen foods, pantry staples, household goods, and personal care products
  2. Alcohol Sales: Sales of beer, wine, and spirits with varying hours by state regulations. Includes delivery options where permitted by law
  3. Catering Services: Chef-prepared foods and catering trays for events and special occasions, available through online ordering, in-store, or mobile app
  4. FreshPass Subscription: Monthly and annual subscription tiers offering unlimited free delivery, discounts on private brands, and monthly credits. 30-day free trial available
  5. Loyalty Program Participation: Balducci's for U™ generates customer data and engagement while driving repeat purchases through personalized rewards and deals

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyFreshPass Subscription - Monthly
SubscriptionAnnualFreshPass Subscription - Annual
SubscriptionMonthlySchedule & Save
FreemiumMonthlyBalducci's for U™ Loyalty
OtherPay-as-you-goFirst-Time Online Order Promotion

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Balducci's product offering

Product offering

Core offering

Balducci's is a regional gourmet grocery retailer that sells fresh produce, prime-cut meats, fresh fish, imported cheeses, baked goods, deli items, sushi, pantry staples, and household goods through six full-service physical stores and an omnichannel digital experience. Beyond in-store shopping, the company offers curbside pickup (DriveUp & Go™), home delivery, chef-prepared catering trays, gift baskets, subscription boxes, and SNAP EBT online acceptance. Recurring revenue is generated through the FreshPass™ delivery membership and Schedule & Save automated orders, while the Balducci's for U™ loyalty program drives repeat engagement with up to 35% weekly savings for top members.

Product overview

Balducci's is a gourmet grocery store chain operating under Albertsons Companies, offering a unified omnichannel retail experience combining physical store locations with digital shopping capabilities. The core product portfolio centers on in-store grocery retail supplemented by DriveUp & Go™ curbside pickup and Grocery Delivery services. The Schedule & Save subscription enables automated recurring orders with 5% savings, while the FreshPass™ membership provides unlimited free delivery and exclusive discounts. The Balducci's for U™ loyalty program delivers personalized deals and rewards, with top members saving up to 35% weekly. Additional services include Catering for events, Grocery Gifting, and SNAP EBT payment acceptance. A mobile app available on iOS and Android extends the shopping experience to digital channels.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

  • Top members save 35% weekly with Balducci's for U™ program
  • +3 more outcomes

Companies that use Balducci's

Customer profile

Segments3 records

Ideal customer profiles3 records

Balducci's technology and API

Technology

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Balducci's partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Red BullminorGTM or Marketing PartnerRed Bull promotional partnership featuring exclusive summer edition products and sponsored content on the Balducci's platform.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Balducci's competitors and assessment

Company assessment

Direct peers

  • Eataly: Premium Italian gourmet marketplace combining retail, foodservice, and education. Overlaps with Balducci's on imported cheeses, prepared foods, and experiential gourmet shopping.
  • Whole Foods Market: The largest US premium/specialty grocery chain, now owned by Amazon. Direct competitor to Balducci's in gourmet assortment, prepared foods, and affluent customer targeting, though at vastly greater scale and national footprint.
  • The Fresh Market: Specialty grocer focused on fresh produce, premium meats, seafood, and chef-prepared meals. Closely comparable to Balducci's in store format, customer segment, and product mix.
  • Dean & DeLuca: Iconic gourmet food retailer specializing in premium imported and artisanal products. Direct historical comparable to Balducci's premium positioning in urban/suburban affluent markets.
  • Wegmans: East Coast regional premium grocer with strong fresh, prepared foods, and in-store experience reputation. Closest direct competitor to Balducci's in core Northeast/Mid-Atlantic markets.
  • Citarella: NYC-area premium gourmet grocer and seafood specialist with strong prepared foods and catering. Competes with Balducci's for the same affluent Northeast foodie demographic.
  • Trader Joe's: Specialty grocer with curated assortment, strong private label, and cult-like customer loyalty. Competes with Balducci's for the same quality-conscious, food-curious consumer.
  • Gourmet Garage: NYC-based specialty grocer focused on fresh, gourmet, and international products. Direct competitor in the Northeast premium food retail space.

Regional players

  • MOM's Organic Market: Mid-Atlantic regional natural/organic grocer with strong prepared foods and sustainability positioning. Overlaps with Balducci's on health-conscious and gourmet customer base, primarily in DC/Philly/NJ markets.
  • Stew Leonard's: Family-owned Northeast regional grocer known for fresh, prepared, and experiential retail. Comparable in scale and customer demographic to Balducci's, but concentrated in CT/NY/NJ.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Balducci's social profiles

Digital presence

Balducci's financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Balducci's leadership team

Management profile

Number of profiles

Balducci's funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Balducci's M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Balducci's

What does Balducci's do?

Balducci's is a regional gourmet grocery retailer that sells fresh produce, prime-cut meats, fresh fish, imported cheeses, baked goods, deli items, sushi, pantry staples, and household goods through six full-service physical stores and an omnichannel digital experience. Beyond in-store shopping, the company offers curbside pickup (DriveUp & Go™), home delivery, chef-prepared catering trays, gift baskets, subscription boxes, and SNAP EBT online acceptance. Recurring revenue is generated through the FreshPass™ delivery membership and Schedule & Save automated orders, while the Balducci's for U™ loyalty program drives repeat engagement with up to 35% weekly savings for top members.

Is Balducci's a public or private company?

Balducci's is a private company. It is classified as corporate owned and is currently operating.

When was Balducci's founded?

Balducci's was founded in 1916. It employs 251 to 500 people.

Where is Balducci's based?

Balducci's is headquartered in Parsippany, United States, in the North America region.

How does Balducci's make money?

Five revenue lines are on record. Grocery Retail Sales are the primary driver. The others are alcohol Sales, catering Services, freshPass Subscription and loyalty Program Participation.

Who are Balducci's's main competitors?

Direct peers on record are Eataly, Whole Foods Market, The Fresh Market, Dean & DeLuca, Wegmans, Citarella, Trader Joe's and Gourmet Garage. Regional players are MOM's Organic Market and Stew Leonard's.

Does Balducci's have an API?

No public API is recorded for Balducci's.

What industry is Balducci's in?

Balducci's's product category is Gourmet Grocery Retail. Its primary akta.pro industry code is CRAHAGAG, Gourmet & Fine Food Stores, with a secondary code of CRAHAEAC, Health Food & Supplement Stores. Its NAICS code is 4452 and its SIC code is 5411.

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Live signals
YahooInside the Rise of the Gourmet Grocery StoreThe rise of gourmet grocery stores in New York is traced from Balducci's and Fairway to the 1976 Greenmarket and Dean & DeLuca's 1977 SoHo opening. These markets introduced high-quality imported ingredients like balsamic vinegar and extra-virgin olive oil, influencing American kitchens. The trend spread to other cities and trade shows, with specialty food stores like Zingerman's and Oakville Grocery also emerging.AxiosWhat Passover food staples will cost you in D.C.In D.C., matzo and gefilte fish average $5.04 and $7.36 respectively in the two weeks before Passover, per NIQ data. Shmurah matzah boxes at Balducci's cost around $40, sourced from Brooklyn bakeries.PR NewswireYaza Brings The First Authentic Commercial Labneh To Market For U.S. ConsumersYaza Foods has officially launched its authentic, all-natural labneh product in the U.S. market with three flavors available at select retail locations including Kings Food Markets and Balducci's. The company produces the probiotic-rich dip using local milk from Upstate New York dairy farms to offer a healthy alternative to traditional spreads like cream cheese.St. Louis MagazineLalo’s Grill & Pizza opens in Maryland HeightsLalo’s Grill & Pizza has opened in the former Balducci’s Restaurant space in Maryland Heights, retaining much of the previous menu and interior design. The establishment is operated by owners Randy McDonald (junior), his father, and brothers Miguel and Lalo Rodriguez, who previously worked together at local restaurants including Prado's.Business InsiderA 46-year-old Italian restaurant in St. Louis said it closed because it couldn't find enough staff. 'There's nothing more we can do,' its owners said.Balducci's, a 46-year-old Italian restaurant in St. Louis, closed because it could not find enough staff. The owners said the labor shortage hit hospitality especially hard, with people quitting at twice the national average rate. The restaurant had previously limited hours to carryout and curbside orders.PR NewswireKB US Holdings, Inc. Announces Auction ResultsKB US Holdings, Inc. announced that its subsidiaries Kings Food Markets and Balducci's Food Lover's Market will be sold to ACME Markets, a division of Albertsons Companies, for $96.4 million following a bankruptcy court-supervised auction. The transaction allows the brands to continue operating under their existing banners while remaining subject to final approval from the Bankruptcy Court and regulatory authorities.GlobeNewswireACME Markets Posts Winning Bid in Auction for 27 Kings FoodACME Markets, a division of Albertsons Companies, won an auction for 27 Kings Food Market and Balducci's Food Lover's Market locations. The expected purchase price is $96.4 million, subject to regulatory and court approvals, with closing expected later this fiscal year. The stores will join Albertsons' Mid-Atlantic division.PR NewswireSpreading Healthy Options to the East CoastFoods 2.0, LLC announced the expansion of its Sugar 2.0 functional sugar product to the East Coast, launching in 31 Balducci's Food Lover's Markets and Kings Food Markets locations across New York, New Jersey, Connecticut, Maryland, and Virginia. The rollout reaches approximately 20 million people in the Tri-State and North Jersey areas and represents the company's first retail presence on the East Coast, following successful launches in California. Foods 2.0, founded in 2015, is targeting distribution across all major U.S. regions by the end of 2017 as part of its aggressive growth strategy.PR NewswireCastle Harlan Spearheads Acquisition of Kings Super Markets and Balducci's Food Lover's Markets By KB Holding, Inc.Castle Harlan facilitated the acquisition of Kings Super Markets and Balducci's Food Lover's Markets by KB Holding, Inc., with equity provided by GSSG Capital. The retailers were purchased from previous owners Angelo, Gordon & Co. and MTN Capital Partners, though specific financial terms were not disclosed.GlobeNewswireBalducci's to Unveil New Concept Located at Hearst Tower, New York CityBalducci's is opening its first Gourmet on the Go Café at Hearst Tower in New York City. The café will feature custom-made salads, artisan sandwiches, and crepes from local ingredients, with coffee from Balducci's. It is the first company in NYC to sell premium prepared food.