D'Agostino Supermarkets

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D'Agostino Supermarkets
Key people
Nicholas D'Agostino Jr., Chairman
Nicholas D'Agostino III, CEO
G. Robert James, President
RevenueUS$200,000,000+ (peak)
Websitewww.dagnyc.com
Alternate logo

D'Agostino Supermarkets once a family-owned

Westchester County, with annual sales exceeding $200 million. By 2016 under financial pressure, D'Agostino's consolidated to nine stores (now ten), all in Manhattan, and sold a controlling interest to John Catsimatidis, owner of Gristedes.[3]

Founding and expansion

The opening of D'Agostino Brothers on 20th Street (1950). Every store opened by the family was first blessed by a Catholic priest. Left to right: Patsy D'Agostino, city official, priest, Nick D'Agostino Sr.
D'Agostino's in a landmarked building at Love Lane and Henry Street, Brooklyn (1980). Today CVS.

The founders of D'Agostino Supermarkets, brothers Pasquale and Nicholas D'Agostino Sr., emigrated from the mountain village of Bugnara, Italy, arriving separately in New York City as teenagers in the 1920s. Due to their poverty, they skipped high school and instead furthered their education by assisting merchants including their father's fruit-and-vegetable pushcart business.[4][5][6]

In 1932, the brothers bought a small shop on Manhattan's

Stuyvesant Town โ€“ Peter Cooper Village.[4][5][6]

Pasquale died in 1960 and Nicholas ultimately bought out his share of the business, to serve as CEO, chairman and President, and to resolve the family succession issue. At this time, there were eight D'Agostino stores on Manhattan's East Side. With its reputation for quality meats, D'Agostino's ran popular ads in the 1960s that teased, "Please don't kiss the butcher.โ€ Nicholas D'Agostino relinquished daily management to his sons, Stephen and Nicholas Jr., in 1964. With Nicholas Sr. continuing as chairman, Stephen became president and CEO in 1972, and Nicholas Jr. succeeded him in 1982.[4][5][6]

During the 1970s, D'Agostino's expanded to

Manhattan's West Side, and promoted the chain with sturdy plastic "D'Ag Bags" that were fashionable enough to bring further cachet. The store's singing commercials, created by Jo Foxworth, with the tag line, "Please, Mr. D'Agostino, Move Closer to Me," aired routinely on radio and television during this period. At its peak in the 1990s, after two generations of steady expansion, the chain operated at 26 locations in New York City and adjacent Westchester County, with annual sales exceeding $200 million.[4][5][6][7]

Difficulties and downsizing

During the 2000s, D'Agostino's and similar stores experienced worsening competitive pressure from

unionized labor expenses, and trade credit restrictions severely limited the cash available for refilling shelves. By 2016, under CEO Nicholas D'Agostino III, the chain consolidated back to nine stores, all in Manhattan, and was considering combining with Key Food, Gristedes, or another rival grocer. A $10 million line of credit from the owner of Gristedes helped stabilize operations.[8][9][10][11]

Since the acquisition of a controlling interest of D'Agostino's by Gristedes(see above), D'Agostino's food and product selection and price points have largely changed to mirror Gristede's offerings. The meat counter, which often featured on-site butchers able to cut meat to customers' orders have almost entirely been removed and replaced by a "meat clerk." This, too models most Gristedes supermarkets, where meat and fish are pre-packaged and shipped to the individual stores. D'Agostino's once respected for its broad offerings high-quality in cheese has also been transformed largely to mirror the Gristedes chain.

Popular culture

D'Agostino's has long used the slogan "New York's Grocer" and has often appeared in entertainment media to convey the New York setting. The chain figured prominently in the 1974 film

Das EFX
song "Jussumen".

References

  1. ^ D'Agostino Supermarkets. "Locations". Archived from the original on February 20, 1999.
  2. ^ D'Agostino Supermarkets. "Store Locator". Retrieved June 3, 2019.
  3. ^ "Catsimatidis' Expanding Supermarket Holdings with the d'Agostino Chain". The National Herald. September 21, 2019. Archived from the original on August 4, 2020.
  4. ^ a b c d Greenhouse, Steven (June 25, 1996). "Nicholas D'Agostino Sr., 86, Founder of Grocery Chain". New York Times.
  5. ^ a b c d Grant, Tina, ed. (1998). "D'Agostino Supermarkets Inc. History". International Directory of Company Histories Vol. 19, FundingUniverse.com.
  6. ^ .
  7. ^ D'Agostino Supermarkets (c. 1970). Love That D'Agostino (Television commercial). New York.
  8. ^ Fickenscher, Lisa (April 20, 2015). "'New York's original grocer' struggling to survive". New York Post.
  9. ^ Fickenscher, Lisa (June 5, 2016). "City's last original grocer quietly shopping Manhattan stores". New York Post.
  10. ^ Morgan, Richard (August 26, 2016). "Red Apple rescues rival supermarket chain D'Agostino". New York Post.
  11. ^ Kaysen, Ronda (November 6, 2016). "Where Did My Supermarket Go?". New York Times.

Further reading

External links