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Kings Food Markets

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uuid000ywad

Namestring
Kings Food Markets
Legal namestring
Kings Food Markets
Company typeenum
Private
Founded yearint
1936
Descriptiontext

Kings Food Markets is a regional, premium-positioned grocery retail chain founded in 1936 in New Jersey and operating 18 brick-and-mortar locations concentrated in the Northeast United States — 16 stores in New Jersey plus one each in Garden City, New York and Old Greenwich, Connecticut. The company operates as a wholly-owned subsidiary of Albertsons Companies (NYSE: ACI), positioning it within a national grocery platform while preserving a distinct local brand identity; its registered headquarters is in Parsippany, NJ. Kings operates with between 1,001 and 5,000 employees and is led by President Pamela Montalvo.

The core offering is a full-service grocery assortment across bakery, deli, meat and seafood, produce, dairy, frozen, pantry, beverages, household, personal care, pet care, and floral, with a differentiation strategy emphasizing locally-grown produce, prime meats, fresh fish, imported and gourmet cheeses, chef-prepared foods, sushi, and catering. Customer segments served are general consumers and families seeking high-quality, fresh, and specialty grocery products for daily use, entertaining, and catering. Distribution is omnichannel: physical retail storefronts are supplemented by an in-house e-commerce storefront offering DriveUp & Go curbside pickup, scheduled Grocery Delivery (including 30-minute options in select areas), Kings Flash rapid delivery (max 35 items/order), and a mobile app on iOS and Android.

The revenue model is primarily brick-and-mortar one-time grocery sales, augmented by subscription revenue through FreshPass (unlimited free delivery and member credits on an annual or monthly plan) and recurring revenue via Schedule & Save auto-replenishment. Go-to-market relies on weekly digital circulars, loyalty mechanics (Kings for U — points and up to 35% weekly savings), referral programs, in-store events such as seasonal Farmlind produce truck tours, and third-party delivery/in-store services (Lottery, Western Union, Rug Doctor, OMNY/CT DOT transit cards). Pricing is unit/transaction-based with promotional tiering (e.g., $6.99 rotisserie chicken on Tuesdays, $30 off first DriveUp & Go order of $75+). The technology stack is a standard retail grocery platform integrated with Albertsons Companies' shared digital infrastructure; no proprietary AI/ML systems, APIs, or SDKs are disclosed as standalone Kings assets.

Short descriptiontext

Kings Food Markets is a regional premium grocery chain operating 18 stores across New Jersey, New York, and Connecticut, serving general consumers with fresh produce, prime meats, specialty cheeses, and chef-prepared foods through physical retail and an omnichannel platform of delivery, curbside pickup, and subscriptions, as a subsidiary of Albertsons Companies.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersParsippany, United States
HQ citystring
Parsippany
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices10 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
premium grocery retail, fresh produce markets, grocery delivery service, curbside grocery pickup, specialty food retailer
Industry1 code
1Value-Oriented Traditional Supermarkets (Non-Club)
CodeCRAHAAAFPrimaryNo
NAICS code1 code
  • Food and Beverage Retailers445
SIC code2 codes
  • Retail-Grocery Stores5411
  • Retail-Food Stores5400
Product category
Supermarket / Grocery Retail
Social media profiles2 records
Revenue model1 record
1Retail Grocery Sales
TypeOne Time License
Description

Traditional brick-and-mortar retail grocery operations selling food and household products through physical store locations. Revenue generated from in-store purchases across multiple departments including bakery, deli, meat, seafood, produce, frozen foods, beverages, and general merchandise.

kingsfoodmarkets.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

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

Cost components5 values
Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales
Pricing details2 tiers
1Rotisserie Chicken promotion - $6.99 each Tuesday
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Rotisserie chickens available for $6.99 each on Tuesdays with all-natural ingredients and gourmet flavors

local.kingsfoodmarkets.com
2First DriveUp & Go order discount - $30 off $75+
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

$30 off on first DriveUp & Go™ order when spending $75 or more. Valid for first-time online grocery order only.

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

Kings Food Markets is a regional premium grocery supermarket chain operating 18 brick-and-mortar stores across New Jersey, New York, and Connecticut, selling fresh produce, prime-cut meats, fresh fish, imported cheeses, bakery items, deli, and chef-prepared foods. The retailer layers omnichannel services on top of in-store shopping, including DriveUp & Go curbside pickup, home grocery delivery, and the Kings Flash rapid-delivery option, supported by a Kings for U loyalty program and FreshPass subscription membership.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Freshness guarantee on all produce
+1 more record
Product overview1 text field

Kings Food Markets is a regional grocery supermarket chain operating 18 locations across New Jersey, New York, and Connecticut. The company offers a unified omnichannel retail platform combining physical store operations with digital services. The core product portfolio includes in-store grocery shopping across departments (Bakery, Deli, Meat & Seafood, Produce, Frozen, Dairy, Pantry, Beverages, Household, Personal Care, Pet Care, Floral) alongside digital services: Grocery Delivery, DriveUp & Go™ curbside pickup, and Kings Flash™ rapid delivery. The loyalty ecosystem centers on Kings for U™ rewards program and the FreshPass™ subscription service (which offers unlimited free delivery and 5% savings on select brands). Additional services include Catering, Grocery Gifting, Lottery sales, and the Schedule & Save automated subscription service. The company operates under the Tom Thumb legacy brand and is owned by Albertsons Companies.

Product and service11 records
1In-Store Grocery Shopping
CategoryGrocery retail
Description

Full-service in-store grocery shopping across departments including bakery, deli (with sushi), meat & seafood, produce, frozen, dairy, pantry, beverages, household, personal care, pet care, and floral for consumers across the Northeast US.

2Grocery Delivery
CategoryDelivery service
Description

Home delivery of groceries ordered online or through the mobile app, with delivery available in as soon as 30 minutes in select areas.

3DriveUp & Go
CategoryCurbside pickup
Description

Curbside pickup service allowing customers to order online and retrieve groceries without leaving their vehicle, with pickup available in as soon as 30 minutes.

4Kings Flash
CategoryRapid delivery
Description

Lightning-fast grocery delivery service bringing groceries in as soon as 30 minutes, limited to select areas with a maximum of 35 items per order.

5Schedule & Save
CategorySubscription service
Description

Automated recurring grocery subscription service allowing customers to schedule regular deliveries of essential items and save 5% on qualifying purchases.

6FreshPass
CategorySubscription membership
Description

Subscription membership program offering unlimited free delivery, 5% off on Signature Pet Care and Open Nature products, and $5 monthly credits for annual subscribers.

7Catering
CategoryCatering service
Description

Catering service offering party trays, deli trays, sushi trays, platters, and custom cake orders for events and gatherings.

8Grocery Gifting
CategoryGifting service
Description

Service allowing customers to send groceries as a gift to friends, family, or loved ones with personalized messages.

9Lottery
CategoryIn-store ancillary service
Description

Lottery ticket sales available at participating store locations.

10Custom Cakes & Bakery Catering Trays
CategoryBakery catering
Description

Bakery-department custom cakes, cupcakes, and bakery catering trays available for purchase in-store and online.

11In-Store Money & Transit Services
CategoryIn-store ancillary service
Description

Western Union money services, Rug Doctor rentals, and OMNY / CT DOT transit card sales available at participating store locations.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeOthers
Description

Kings Food Markets is owned and operated by Albertsons Companies, one of the largest grocery retailers in the United States. The partnership provides scale advantages, shared technology infrastructure, and supply chain efficiencies while maintaining the Kings brand identity and local community focus.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Long-established premium grocery specialist in the NY/CT/NJ metro area. Closely comparable heritage-positioning story to Kings, with similar gourmet and prepared-foods emphasis.

TypeDirect peer
Description

National specialty/premium grocery chain with a curated private-label assortment. Competes with Kings for the premium Northeastern shopper, particularly in NJ and NY locations.

TypeDirect peer
Description

Fellow Albertsons banner operating across NJ, PA, NY, and CT with overlapping geographic territory. Directly comparable business model, customer base, and digital infrastructure within Kings' core markets.

TypeDirect peer
Description

Family-owned premium grocery chain in Westchester and the NY metro area. Comparable premium positioning, fresh/prepared foods focus, and Northeast suburban shopper base.

TypeDirect peer
Description

Iconic NYC-area premium grocery chain with strong fresh, imported, and prepared-foods credentials. Comparable to Kings on premium assortment and urban-affluent shopper targeting.

TypeDirect peer
Description

Ahold Delhaize-owned supermarket banner with strong Northeast presence in NY and CT. Direct competitor on full-service grocery, omnichannel pickup/delivery, and prepared foods.

TypeDirect peer
Description

Amazon-owned national premium/natural grocery chain competing for the same quality-focused, higher-income shopper in the Northeast. Comparable on fresh, prepared foods, and locally sourced assortment.

TypeDirect peer
Description

Wakefern cooperative supermarket dominant across New Jersey. Direct competitor for everyday grocery trips in Kings' core geography, with overlapping store locations and similar omnichannel services.

TypeDirect peer
Description

Specialty/premium grocery chain focused on fresh, prepared, and gourmet items. Mirrors Kings' premium positioning and small-store format, serving a similar higher-income demographic.

TypeDirect peer
Description

Family-owned premium regional grocery chain headquartered in Rochester, NY with a heavy Northeast footprint. Closest direct comparable to Kings given its premium positioning, prepared foods, and overlapping NJ/NY/CT store geography.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

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

Ideal customer profile2 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

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

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 →

Kings Food Markets

Supermarket / Grocery Retailkingsfoodmarkets.com

Kings Food Markets is a regional premium grocery chain operating 18 stores across New Jersey, New York, and Connecticut, serving general consumers with fresh produce, prime meats, specialty cheeses, and chef-prepared foods through physical retail and an omnichannel platform of delivery, curbside pickup, and subscriptions, as a subsidiary of Albertsons Companies.

What Kings Food Markets does

Kings Food Markets is a regional, premium-positioned grocery retail chain founded in 1936 in New Jersey and operating 18 brick-and-mortar locations concentrated in the Northeast United States — 16 stores in New Jersey plus one each in Garden City, New York and Old Greenwich, Connecticut. The company operates as a wholly-owned subsidiary of Albertsons Companies (NYSE: ACI), positioning it within a national grocery platform while preserving a distinct local brand identity; its registered headquarters is in Parsippany, NJ. Kings operates with between 1,001 and 5,000 employees and is led by President Pamela Montalvo.

The core offering is a full-service grocery assortment across bakery, deli, meat and seafood, produce, dairy, frozen, pantry, beverages, household, personal care, pet care, and floral, with a differentiation strategy emphasizing locally-grown produce, prime meats, fresh fish, imported and gourmet cheeses, chef-prepared foods, sushi, and catering. Customer segments served are general consumers and families seeking high-quality, fresh, and specialty grocery products for daily use, entertaining, and catering. Distribution is omnichannel: physical retail storefronts are supplemented by an in-house e-commerce storefront offering DriveUp & Go curbside pickup, scheduled Grocery Delivery (including 30-minute options in select areas), Kings Flash rapid delivery (max 35 items/order), and a mobile app on iOS and Android.

The revenue model is primarily brick-and-mortar one-time grocery sales, augmented by subscription revenue through FreshPass (unlimited free delivery and member credits on an annual or monthly plan) and recurring revenue via Schedule & Save auto-replenishment. Go-to-market relies on weekly digital circulars, loyalty mechanics (Kings for U — points and up to 35% weekly savings), referral programs, in-store events such as seasonal Farmlind produce truck tours, and third-party delivery/in-store services (Lottery, Western Union, Rug Doctor, OMNY/CT DOT transit cards). Pricing is unit/transaction-based with promotional tiering (e.g., $6.99 rotisserie chicken on Tuesdays, $30 off first DriveUp & Go order of $75+). The technology stack is a standard retail grocery platform integrated with Albertsons Companies' shared digital infrastructure; no proprietary AI/ML systems, APIs, or SDKs are disclosed as standalone Kings assets.

Kings Food Markets firmographics

Firmographics
Name
Kings Food Markets
Legal name
Kings Food Markets
Website
https://kingsfoodmarkets.com
Company type
Private
Founded year
1936
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Kings Food Markets is a regional premium grocery chain operating 18 stores across New Jersey, New York, and Connecticut, serving general consumers with fresh produce, prime meats, specialty cheeses, and chef-prepared foods through physical retail and an omnichannel platform of delivery, curbside pickup, and subscriptions, as a subsidiary of Albertsons Companies.
Ownership category
akta.pro rank

Where Kings Food Markets is headquartered

Location

Headquarters

HQ city
Parsippany
HQ country
United States
HQ region
North America

Offices10 records

Markets served

Kings Food Markets business model

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

Revenue model

  1. Retail Grocery Sales: Traditional brick-and-mortar retail grocery operations selling food and household products through physical store locations. Revenue generated from in-store purchases across multiple departments including bakery, deli, meat, seafood, produce, frozen foods, beverages, and general merchandise.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goRotisserie Chicken promotion - $6.99 each Tuesday
Transaction based/ take ratePay-as-you-goFirst DriveUp & Go order discount - $30 off $75+

Distribution channels5 records

Marketing channels7 records

Kings Food Markets product offering

Product offering

Core offering

Kings Food Markets is a regional premium grocery supermarket chain operating 18 brick-and-mortar stores across New Jersey, New York, and Connecticut, selling fresh produce, prime-cut meats, fresh fish, imported cheeses, bakery items, deli, and chef-prepared foods. The retailer layers omnichannel services on top of in-store shopping, including DriveUp & Go curbside pickup, home grocery delivery, and the Kings Flash rapid-delivery option, supported by a Kings for U loyalty program and FreshPass subscription membership.

Product overview

Kings Food Markets is a regional grocery supermarket chain operating 18 locations across New Jersey, New York, and Connecticut. The company offers a unified omnichannel retail platform combining physical store operations with digital services. The core product portfolio includes in-store grocery shopping across departments (Bakery, Deli, Meat & Seafood, Produce, Frozen, Dairy, Pantry, Beverages, Household, Personal Care, Pet Care, Floral) alongside digital services: Grocery Delivery, DriveUp & Go™ curbside pickup, and Kings Flash™ rapid delivery. The loyalty ecosystem centers on Kings for U™ rewards program and the FreshPass™ subscription service (which offers unlimited free delivery and 5% savings on select brands). Additional services include Catering, Grocery Gifting, Lottery sales, and the Schedule & Save automated subscription service. The company operates under the Tom Thumb legacy brand and is owned by Albertsons Companies.

Differentiator

Problem solved

Functional benefit

Products and services

  • In-Store Grocery Shopping Full-service in-store grocery shopping across departments including bakery, deli (with sushi), meat & seafood, produce, frozen, dairy, pantry, beverages, household, personal care, pet care, and floral for consumers across the Northeast US.
  • Grocery Delivery Home delivery of groceries ordered online or through the mobile app, with delivery available in as soon as 30 minutes in select areas.
  • DriveUp & Go Curbside pickup service allowing customers to order online and retrieve groceries without leaving their vehicle, with pickup available in as soon as 30 minutes.
  • Kings Flash Lightning-fast grocery delivery service bringing groceries in as soon as 30 minutes, limited to select areas with a maximum of 35 items per order.
  • Schedule & Save Automated recurring grocery subscription service allowing customers to schedule regular deliveries of essential items and save 5% on qualifying purchases.
  • FreshPass Subscription membership program offering unlimited free delivery, 5% off on Signature Pet Care and Open Nature products, and $5 monthly credits for annual subscribers.
  • Catering Catering service offering party trays, deli trays, sushi trays, platters, and custom cake orders for events and gatherings.
  • Grocery Gifting Service allowing customers to send groceries as a gift to friends, family, or loved ones with personalized messages.
  • Lottery Lottery ticket sales available at participating store locations.
  • Custom Cakes & Bakery Catering Trays Bakery-department custom cakes, cupcakes, and bakery catering trays available for purchase in-store and online.
  • In-Store Money & Transit Services Western Union money services, Rug Doctor rentals, and OMNY / CT DOT transit card sales available at participating store locations.

Quantifiable outcome

  • Freshness guarantee on all produce
  • +1 more outcomes

Companies that use Kings Food Markets

Customer profile

Segments1 record

Ideal customer profiles2 records

Kings Food Markets technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Kings Food Markets partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Albertsons CompaniescoreOthersKings Food Markets is owned and operated by Albertsons Companies, one of the largest grocery retailers in the United States. The partnership provides scale advantages, shared technology infrastructure, and supply chain efficiencies while maintaining the Kings brand identity and local community focus.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Kings Food Markets competitors and assessment

Company assessment

Direct peers

  • Balducci's: Long-established premium grocery specialist in the NY/CT/NJ metro area. Closely comparable heritage-positioning story to Kings, with similar gourmet and prepared-foods emphasis.
  • Trader Joe's: National specialty/premium grocery chain with a curated private-label assortment. Competes with Kings for the premium Northeastern shopper, particularly in NJ and NY locations.
  • Acme Markets: Fellow Albertsons banner operating across NJ, PA, NY, and CT with overlapping geographic territory. Directly comparable business model, customer base, and digital infrastructure within Kings' core markets.
  • DeCicco & Sons: Family-owned premium grocery chain in Westchester and the NY metro area. Comparable premium positioning, fresh/prepared foods focus, and Northeast suburban shopper base.
  • Fairway Market: Iconic NYC-area premium grocery chain with strong fresh, imported, and prepared-foods credentials. Comparable to Kings on premium assortment and urban-affluent shopper targeting.
  • Stop & Shop: Ahold Delhaize-owned supermarket banner with strong Northeast presence in NY and CT. Direct competitor on full-service grocery, omnichannel pickup/delivery, and prepared foods.
  • Whole Foods Market: Amazon-owned national premium/natural grocery chain competing for the same quality-focused, higher-income shopper in the Northeast. Comparable on fresh, prepared foods, and locally sourced assortment.
  • ShopRite: Wakefern cooperative supermarket dominant across New Jersey. Direct competitor for everyday grocery trips in Kings' core geography, with overlapping store locations and similar omnichannel services.
  • The Fresh Market: Specialty/premium grocery chain focused on fresh, prepared, and gourmet items. Mirrors Kings' premium positioning and small-store format, serving a similar higher-income demographic.
  • Wegmans Food Markets: Family-owned premium regional grocery chain headquartered in Rochester, NY with a heavy Northeast footprint. Closest direct comparable to Kings given its premium positioning, prepared foods, and overlapping NJ/NY/CT store geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights6 records

Customer concentration

Kings Food Markets social profiles

Digital presence

Kings Food Markets financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Kings Food Markets leadership team

Management profile

Number of profiles

Profiles1 record

Kings Food Markets funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Kings Food Markets 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 Kings Food Markets

What does Kings Food Markets do?

Kings Food Markets is a regional premium grocery supermarket chain operating 18 brick-and-mortar stores across New Jersey, New York, and Connecticut, selling fresh produce, prime-cut meats, fresh fish, imported cheeses, bakery items, deli, and chef-prepared foods. The retailer layers omnichannel services on top of in-store shopping, including DriveUp & Go curbside pickup, home grocery delivery, and the Kings Flash rapid-delivery option, supported by a Kings for U loyalty program and FreshPass subscription membership.

Is Kings Food Markets a public or private company?

Kings Food Markets is a private company. It is classified as corporate owned and is currently operating.

When was Kings Food Markets founded?

Kings Food Markets was founded in 1936. It employs 1,001 to 5,000 people.

Where is Kings Food Markets based?

Kings Food Markets is headquartered in Parsippany, United States, in the North America region.

How does Kings Food Markets make money?

One revenue line is on record: retail Grocery Sales.

Who are Kings Food Markets's main competitors?

Direct peers on record are Balducci's, Trader Joe's, Acme Markets, DeCicco & Sons, Fairway Market, Stop & Shop, Whole Foods Market, ShopRite, The Fresh Market and Wegmans Food Markets.

Does Kings Food Markets have an API?

No public API is recorded for Kings Food Markets.

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Live signals
Inc.Kings Food Markets Survived Bankruptcy and 4 Owners. Analysts Say More Closures Loom in New JerseyKings Food Markets, a New Jersey grocer, is shrinking after decades of ownership changes, with analyst Phil Lempert citing its 25-year sale to Marks & Spencer as a key cause. He said the chain never adapted to demographic shifts and expects more store closures.njKings Food Markets, owned by Acme Markets, closing stores in Hillsdale and White House StationKings Food Markets, owned by Acme Markets, will close two New Jersey stores in Hillsdale and White House Station by early 2027, resulting in 122 layoffs. The company filed for Chapter 11 bankruptcy in 2020 and was acquired by Acme for $96.4 million. After the closures, Kings will operate 14 stores in New Jersey.NJBIZKings to close 2 NJ stores, cut 122 jobsKings Food Markets will close two New Jersey stores in Hillsdale and Whitehouse Station, cutting 122 jobs, with closures planned by Jan. 2, 2027. The company, acquired by Acme Markets, has 16 NJ stores remaining. The closures follow Albertsons' failed Kroger merger and ongoing store reductions.njJersey Cash 5 jackpot worth $2.3M sold at supermarketA Jersey Cash 5 lottery ticket worth $2,327,955 was sold at Kings Food Markets in Short Hills, New Jersey, ending a two-week jackpot drought. The winning numbers for Monday's drawing were 1, 6, 9, 22, and 30, with matching all five numbers having odds of 1 in 1,221,759. The jackpot resets to $150,000 for Tuesday's drawing.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.GlobeNewswireFit Soda™ Now Carried in Kings Food Markets and Balducci’s on the East Coast of the United StatesKoios Beverage Corp. announced its Fit Soda line is now available at Balducci's and Kings Food Markets on the East Coast. The company expects this partnership to build a national brand and expand its reach in the Eastern United States.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.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.