Balducci's

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TypeSubsidiary
IndustryRetail
Founded1916 Brooklyn, New York, U.S.
1946 Manhattan, New York, U.S.
Founder(s)Louis Balducci
HeadquartersGermantown, Maryland
Area servedConnecticut, New York
Maryland, Virginia
Key peopleJudy Spires (CEO)
ProductsSpecialty Gourmet
ParentKings Super Markets
Websitebalduccis.com
 
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TypeSubsidiary
IndustryRetail
Founded1916 Brooklyn, New York, U.S.
1946 Manhattan, New York, U.S.
Founder(s)Louis Balducci
HeadquartersGermantown, Maryland
Area servedConnecticut, New York
Maryland, Virginia
Key peopleJudy Spires (CEO)
ProductsSpecialty Gourmet
ParentKings Super Markets
Websitebalduccis.com
Manhattan, 2008

Balducci’s Food Lover’s Market is a specialty gourmet food retailer in the United States with six grocery stores.[1] The company headquarters is in Germantown, Maryland.[2]

History[edit]

Balducci's was the first company in New York City to sell premium quality foods with a butcher, fishmonger, delicatessen and greengrocer all in the same store.[3] It became a model for specialty markets all over the city.[3][4]

In 1999, Balducci Enterprises became a subsidiary of Sutton Place Gourmet, a Maryland based company.[5] Sales for the combined company were more than $130 million per year.[5]

The flagship store in Greenwich Village closed earlier in January 2003.[6] In November 2003, the company was purchased by an investment group led by Bear Stearns Merchant Banking.

Balducci's after 2005[edit]

The new flagship store on Eighth Avenue at 14th Street in Manhattan opened in December 2005.[7] Following its opening, Local 1500 of the United Food and Commercial Workers Union began protesting outside the store against the non-unionized status of employees.[8]

"Right now we are restructuring our company," said Jennifer Barton, Marketing Director with Balducci's LLC. "We had to close some of our under-performing stores."[citation needed]

There are currently six full-service retail stores in Connecticut, Maryland, Virginia and New York (Scarsdale). In 2012, Balducci's returned to New York with Balducci's Gourmet on the Go Café in Hearst Tower, which serves prepared meals and soups as well as a gourmet salad and coffee bar.[9] There are four Balducci's Express locations: three in JFK Airport in New York and one at the Leesburg Corner Premium Outlets in Virginia.[1] There is also a Balducci's Gourmet on the Go Café located in the Bloomberg Children's Center in Johns Hopkins Hospital.[10]

In April 2009 Balducci's was sold to Kings Food Markets, a portfolio company of Angelo, Gordon and Co..[11] The current CEO is Judy Spires.

In fiction[edit]

In the popular television sitcom, Will and Grace, the character Will Truman regularly visited the original Greenwich Village store in New York before it was closed in 2003.

In a scene from the movie Fatso, the character Dominick Anthony "Dom" DiNapoli, played by actor Dom DeLuise, visits a weight-loss clinic with a bag of groceries from Balducci's.

In a scene of the movie 25th Hour, the character Montgomery "Monty" Brogan, played by actor Edward Norton, mentions Balducci's in his soliloquy in front of the mirror.

In Larry Kramer's play "The Normal Heart," set in the 1980s, characters Ned and Felix eat Balducci's Gourmet Ice Cream, which they say cost $18 per pint.

References[edit]

  1. ^ a b "Balducci's - Store Locations". Balduccis.com. Retrieved 2013-12-04. 
  2. ^ "Contact Us." Balducci's. Retrieved on December 24, 2013. "Balducci's 12920 Cloverleaf Center Drive Suite B Germantown, MD 20874"
  3. ^ a b "Balducci's: A House Divided Stands in Name Only", The New York Times, June 28, 2000
  4. ^ "In Rough Market, a Slow Market (Balducci’s) Suffers", The New York Times.
  5. ^ a b "Sutton Place, Balducci's in Partnership", The New York Times.
  6. ^ "Balducci's Flagship Closes in the Village; A New Site Is Planned", The New York Times.
  7. ^ "A New Balducci's, Back Downtown", The New York Times, December 14, 2005
  8. ^ "Lining Up at Balducci's, and Not for the Salmon", The New York Times, March 6, 2006
  9. ^ Fickenscher, Lisa. "Balducci's returns to NYC". Crains New York. 
  10. ^ "Dining Options". Retrieved January 24, 2013. 
  11. ^ "Balducci’s Sold". Westportnow.com. 2009-04-15. Retrieved 2013-12-04. 

External links[edit]