Albertsons, owned by private equity firm Cerberus Capital, bought Safeway, Tom Thumb’s parent company, in March 2014.The merger reviewed by the Federal Trade Commission required Albertson’s to sell twelve Texas stores to Minyard Food Stores under antitrust regulation.
Minyard Food Stores is headquartered in Carrollton, TX and under the supervision of Minyard general manager, Bill Davidson. Of the twelve stores, eight originally were under the Albertsons banner and four were Tom Thumb stores, with six located in Dallas and one each in Grapevine, McKinney, Plano, Rowlett, Bedford and Roanoke. See map below.
By the end of February 2015, these twelve stores will be converted to Minyard Sun Fresh Market. The Minyard Sun Fresh Market stores will procure merchandise from Associated Wholesale Grocers’ (AWG) Fort Worth division. In addition, the original thirteen Minyard stores historically supplied by Grocers Supply – now C&S, have also transitioned to AWG.
These new stores are an upscale and larger supermarket concept for the grocer compared to the existing thirteen stores the company operates now. They will feature specialty food departments and serve a different demographic of consumers in the DFW market. The majority of shoppers for the original thirteen fall within an annual income of $50K-$75K, with race being more diverse.
For STAR Brokerage, its business as usual, as we will continue to call on the Minyard headquarter buying office as well as service the stores with retail merchandising. We are thrilled to gain the opportunity to grow client business with new distribution at these stores. For more information, please contact our office at 281-496-2032 and ask for Frank Chilton.