Business & Tech

What Does Sale of Shaw's Market Mean in Nashua?

Owners say no immediate changes for two Nashua markets.

The new owners of local Star Market and Shaw's supermarkets say no immediate changes are planned for the stores.

There are two Shaw's stores in Nashua, at 300 Main St. and 213 DW Highway.

According to the Boston Globe, there are 155 Shaw's and 14 Star Markets with 17,000 employees. In November the troubled company announced it was cutting 700 jobs.

Find out what's happening in Nashuafor free with the latest updates from Patch.

The new owners, an investor group led by Cerberus Capital Management, bought the stores as part of a bigger $3.3 billion deal. Cerberus also controls the locally based Steward Health Care System network of community hospitals. 

The Boston Herald says Albertson's will take over all the New England Shaw's and Star Markets. Albertson's is a well-known supermarket brand name in the West and parts of the northern Midwest.  The Herald also reports that the deal has industry analysts guessing that some of the Shaw’s and Star Markets could be sold off again to others after the deal is done. 

Find out what's happening in Nashuafor free with the latest updates from Patch.

Do you shop at Shaw's or Star? Does it matter to you who owns the company?

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