Thursday, July 09, 2009

Times to buy Star Markets

Times Super Market, founded 60 years ago by the sons of Okinawan immigrants, is buying 82-year-old Star Markets in a deal that brings together two longtime fixtures in the Hawaii food service industry.

Honolulu-based QSI Inc., the parent of Times, and Star Markets jointly announced yesterday that they have signed a definitive agreement for QSI to buy Star's seven supermarkets, which will be re-branded with the Times name.

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