The investment group buying Shaw’s and its sister supermarket brand Star Market said it plans no immediate changes at the New England chains.
The grocers are part of a larger $3.3 billion buyout that would put the supermarkets in the hands of private equity firms, including Cerberus Capital Management, the company that controls the Boston-based Steward Health Care System hospital network.
Comments
Shoppers will continue to avoid Shaws/Star Market unless the investment group makes some big changes in their costs to consumers.
Why would consumers pay 30-40% more for grocers at Shaws/Star Market than Market Basket?