Key Food Explained

Key Food Stores
Industry:Retail (Supermarket)
Hq Location City:Matawan, New Jersey
Hq Location Country:U.S.
Num Locations:324
Key People:Dean Janeway (CEO)
Area Served:Connecticut, Rhode Island, Delaware, Maryland, New Jersey, New York, Pennsylvania, Massachusetts
Products:Bakery, grocery, delicatessen, health and beauty, frozen foods, produce, seafood, meats, dairy, general merchandise, floral, alcoholic beverages, snacks, pet supplies
Members:76
Foundation: in Brooklyn, New York, U.S.
Subsid:Food Emporium
Super Fresh

Key Food Stores Co-op, Inc. is a cooperative of independently owned supermarkets, founded in Brooklyn, New York, on April 20, 1937. Its stores are found in Connecticut, Maryland, Delaware, Massachusetts, Rhode Island, New Jersey, New York, Pennsylvania, and Florida. The headquarters for the Key Food cooperative is in Matawan, New Jersey; the Chief Executive is Dean Janeway. The cooperative also operates stores under the Key Food Marketplace, Key Fresh & Natural, Food Dynasty, Urban Market, Food World, Food Universe Marketplace, SuperFresh, and The Food Emporium banners.

In November 2015, the company completed the purchase of 23 stores from the moribund A&P, which was in bankruptcy (and about to shut down), bringing the total number of stores under its management to 212. The stores included the branches of Pathmark, A&P, Waldbaum's, Food Emporium, and Food Basics USA. Two of the stores are to be operated under corporate rather than cooperative ownership (a first for the company).[1] The acquisition made it the largest grocer in New York City.[2] The primary supplier of both A&P and Key Food is UNFI.[2]

In the 1970s and 1980s Key Food was involved with a trucking firm that committed tax fraud.[3] [4] Two directors, Camillo D’Urso and Pasquale Conte were also involved in Mafia activity and heroin trafficking using pizza parlors as a front.[5] [6]

Notes and References

  1. Web site: Key Food confirms 23 A&P buys, will operate 2. 22 October 2015. 1 May 2017.
  2. Web site: Bolstered by new additions, Key Food CEO outlines growth plans. 29 October 2015. 1 May 2017.
  3. Web site: Trucking Executive Indicted In a Scheme to Evade Taxes. July 14, 1989. NYTimes.com.
  4. Web site: TRUCKER CHARGED WITH TAX FRAUD. Morris. Kaplan. January 11, 1972. NYTimes.com.
  5. News: JOHN M. DOYLE. Alleged Mastermind of "Pizza Connection" Hit Arrested. February 19, 1987. Associated Press.
  6. News: C. D'URSO, FOOD STORE FOUNDER. Sun-Sentinel.