NYC Upscale Supermarket Chain Morton Williams Sold to ShopRite Owner
New York City upscale supermarket chain Morton Williams will be acquired by ShopRite owner Wakefern Food Corp., the companies said Thursday.
The grocer, founded by the Sloan family in 1952, will continue to operate its 17 Big Apple stores under the Morton Williams banner, co-owner Avi Kaner told The Post.
"The companies we compete with like Trader Joe's, Wegmans and Whole Foods are much larger than we are," Kaner said. "We didn't have the [deep pockets] of the larger players to continue growing...
To Read Full Story Login Below.