CSG Snapshot: Brookshire Grocery Co.
1600 W Southwest Loop 323
Tyler TX 75701
$2.0 billion (e)
AR, LA, MS, TX
Chairman + CEO: Bradley Brookshire
Exec VP Corporate Development: Greg Nordyke
Exec VP Retail Operations: Mike Terry
Exec VP Category Management, Marketing and Sales: Kevin Albritton
What a difference a year makes. Last November, Tyler, TX-based Brookshire Grocery Co. was on the market with a projected price tag of $1 billion until a Thanksgiving-week letter to associates from Chairman Brad Brookshire announced that the company was no longer for sale. Fast-forward to today and Brookshire is closing a deal that will add 25 new stores in Texas and Lousiana under a new banner, Spring Market. The stores in question are shuttered Walmart Express locations. The new Spring Market locations will bring total store count to 177, a sizable 16% increase for a company that has sat on approximately 150 stores for the better part of a decade. The addition of 25 stores will also make Brookshire Grocery Co. the 29th largest supermarket operator in the US, according to Chain Store Guide’s Database of Supermarket, Grocery and Convenience Store Chains.
Data Source: Chain Store Guide’s Database of Supermarket, Grocery and Convenience Store Chains.