Star Market
Star Market was a New England chain of supermarkets based in Greater Boston. It was owned by the Mugar family and started in 1915. The company was sold to The Jewel Companies, Inc. in 1964 and later to Investcorp, which in turn sold the chain to Shaw's Supermarkets. As stores were remodeled, many adopted the Shaw's name, leaving only a handful of Star Market stores operating by the late 2000s. In 2008, Shaw's began to revive the name, a trend which was expedited after the parent company of both chains was sold to Cerberus Capital Management. Today, both Shaw's and Star Market are administered as a single division.
History
Beginning
In 1915, Sarkis Mugar, an Armenian immigrant who had arrived in Greater Boston in 1906, paid $800.00 for the Star Market, a small grocery store at 28 Mt. Auburn Street in Watertown. His son Stephen P. Mugar (1901–1984) eventually went to work for him in the store. In 1922, Sarkis Mugar was killed in an automobile accident, leaving his son to take over Star Market to support his mother and sisters. In the early 1930s, Stephen hired his first cousin, John M. Mugar, who later became president and chairman of Star Market.