Lowe's Market

Last updated
Lowe's Market
Company type Private
Industry Retail
Founded1964(60 years ago) (1964) in Littlefield, Texas, United States
FounderE.M. "Bud" Lowe
Headquarters,
Number of locations
146 (2021)
Area served
Arizona, Colorado, Kansas, New Mexico, Texas
Key people
Roger Lowe Sr. [1] (President & Chairman of the Board)
ProductsBakery, dairy, deli, frozen foods, general grocery, meat, pharmacy (some locations), produce, seafood, snacks
Services
  • Pick-Up Lane
  • Curbside Service
RevenueIncrease2.svg $1.243 billion (2021)
Number of employees
22,000 (2019)
Website lowesmarket.com

Lowe's Market is an American regional supermarket chain, primarily in West Texas and South Texas and throughout New Mexico. The company also operates stores in Colorado, Arizona and Kansas. The company's home office is in Littlefield, Texas.

Contents

History

Lowe's Market traces its history to E.M. "Bud" Lowe who sold candy and sundries from the back of a truck in Littlefield, Texas in the 1940s. [2] In 1964, Bud Lowe opened the first Lowe's Market, a small grocery store, in Olton, Texas. The company began the process of gradual expansion into small and medium-sized towns in Texas and New Mexico. Some of the stores are similar to large convenience stores, between 2,000 sq.ft. to 4,000 sq.ft., however, stocked with fresh meat and produce. Many of the stores are standard supermarket size, 15,000 sq.ft. to 40,000 sq.ft.

Growth and expansion

Many Lowe's Market stores were acquired from other companies such as Furr's Grocery (defunct, many of which were formerly Safeway stores), Big 8 Foods (many of which were formerly Safeway stores acquired from Furr's Grocery by Big 8 Foods), and Super S. [3] [4] [5] Currently [ when? ], there are 146 Lowe's Market stores open in the chain in Texas, New Mexico, Arizona, and Colorado.

After the bankruptcy of Furr's Supermarkets in 2001, Lowe's Market acquired a number of the Furr's properties and converted them into Lowe's Market stores. In April 2011, Lowe's Market acquired 53 stores owned by Super S Foods, a San Antonio-based chain. [6] In April 2014, Lowe's Market acquired 7 stores from Nocona-based Market Place. [7] In 2023, Lowe's Market acquired ten stores from Andrews-based Porter's. [8]

In some areas, Lowe's Market stores use the names Lowe's, Shop N Save, Food Jet, Food King, Super S, Big 8, Super Save, and Avanza. A significant number of the stores in New Mexico, Texas, and Colorado are aimed at the Hispanic grocery market share, particularly the stores using the Avanza, Fiesta, Fiero, and Mercado nameplates. However, Hispanic grocery products are commonly stocked in all Lowe's Market stores, since the stores serve a substantial Latino/Hispanic population in all geographic areas of the company's presence.

There are two stores in Arizona, in Window Rock and Ganado. In Colorado, there are stores in Greeley and in the Denver area. In New Mexico, stores are found throughout the state. In Texas, stores are in West Texas, North Texas, the Panhandle, Central Texas, and South Texas.

Related Research Articles

Albertsons Companies, Inc. is an American grocery company founded and headquartered in Boise, Idaho.

<span class="mw-page-title-main">Osco Drug and Sav-on Drugs</span> Retail pharmacy chains in the United States

Osco Drug and Sav-on Drugs were the names of a pair of chain pharmacies that operated in the United States. Osco Drug was founded by the Skaggs family. Alpha Beta grocery store was purchased by American Stores in 1961. Skaggs Drug Centers bought American Stores in 1979 and assumed the American Stores name. Sav-on Drugs was a California-based pharmacy chain that was acquired by Osco's parent company in 1980. Both Osco and Sav-on stores eventually came under the ownership of American Stores, then Albertsons, and finally SuperValu before the stores were sold off.

<span class="mw-page-title-main">Kroger</span> American retail company

The Kroger Company, or simply Kroger, is an American retail company that operates supermarkets and multi-department stores throughout the United States.

<span class="mw-page-title-main">United Supermarkets</span> American supermarket chain owned by Albertsons Companies, Inc

United Supermarkets, d.b.a. The United Family is an American supermarket chain. With headquarters in Lubbock, Texas, its roots go back to 1916, when H.D. Snell opened his first United Cash Store in Sayre, Oklahoma. The chain has grown to include 95 stores in 30 Texas cities and over 10,000 workers. In 2014 it became a wholly-owned subsidiary of Albertsons.

<span class="mw-page-title-main">Acme Markets</span> American supermarket chain

Acme Markets Inc. is a supermarket chain operating 161 stores throughout Connecticut, Delaware, Maryland, New Jersey, the Hudson Valley of New York, and Pennsylvania and, as of 1999, is a subsidiary of Albertsons, and part of its presence in the Northeast. It is headquartered in East Whiteland Township, Pennsylvania, near Malvern, a Philadelphia suburb.

<span class="mw-page-title-main">Safeway</span> American supermarket chain owned by Albertsons Companies, Inc

Safeway, Inc. is an American supermarket chain. The chain provides grocery items, food and general merchandise and features a variety of specialty departments, such as bakery, delicatessen, floral and pharmacy, as well as Starbucks coffee shops and fuel centers. It is a subsidiary of Albertsons after being acquired by private equity investors led by Cerberus Capital Management in January 2015. Safeway's primary base of operations is in the Western United States with some stores located in the Mid-Atlantic region of the Eastern Seaboard. The subsidiary is headquartered in Pleasanton, California.

<span class="mw-page-title-main">Bashas'</span> Arizona based grocery store chain

Bashas' is a grocery store chain, primarily located in Arizona, with two locations outside the state in Crownpoint, New Mexico, and Shiprock, New Mexico. Its headquarters are in unincorporated Maricopa County, Arizona, near Chandler. As of December 15, 2021, Bashas' is owned by Raley's Supermarkets.

<span class="mw-page-title-main">Vons</span> American supermarket chain owned by Albertsons Companies, Inc

Vons is a supermarket chain owned by Albertsons, with most of its locations in Southern California and the Las Vegas Valley. It is headquartered in Fullerton, California, and operates stores under the Vons and Pavilions banners. It was owned by Safeway Inc. and headquartered in Arcadia, California, before that company was acquired by and folded into Albertsons along with all of their subsidiaries, including Vons.

<span class="mw-page-title-main">Tom Thumb (grocery store)</span> American supermarket chain in Texas owned by Albertsons Companies, Inc

Tom Thumb is a chain of supermarkets in the Dallas–Fort Worth metroplex. It operates under the name Tom Thumb for traditional grocery stores and Flagship Tom Thumb for higher end stores in affluent areas. It makes up part of the Southern division of Albertsons. When combined with sister chains Albertsons and Market Street, it is the number two supermarket group in the competitive Dallas/Fort Worth area behind Walmart. The chain's distribution center is in Roanoke, Texas.

Skaggs Companies was the predecessor to many famous United States retailing chains, including Safeway, Albertsons, Osco Drug, and Longs Drugs. The company owned several drugstore chains, but all of them were sold. Skaggs Cos. became American Stores in 1979.

Roy Furr was the president of the Furr's chain of supermarkets and restaurants after his older brother Key Furr.

<span class="mw-page-title-main">Chedraui</span> Mexican supermarket company

Chedraui is a publicly traded Mexican grocery store and department store chain which also operates stores in the U.S. in the states of California, Arizona, New Mexico, Texas, and Nevada under the banner name El Super and stores in Texas under the banner name Fiesta Mart. It is traded on the Mexican Stock Exchange under the symbol CHEDRAUI.

<span class="mw-page-title-main">Casa Ley</span>

Casa Ley is a Mexican grocery store chain based in Culiacán founded in 1954 by Juan Ley Fong. Most of its stores are located in western Mexico, in the states of Baja California, Sonora, Sinaloa, Nayarit, Jalisco, Colima, Coahuila, Durango, Guanajuato, and Baja California Sur. It is Mexico's largest privately held supermarket chain. For years, 49% of the chain was owned by American supermarket chain Safeway Inc., which later went to Albertsons Companies, Inc. after it acquired Safeway in 2015. In 2018, Albertsons divested its 49% share to Tenedora CL del Noroeste, ending the company's international operations.

<span class="mw-page-title-main">Randalls</span> American supermarket chain in Texas owned by Albertsons Companies, Inc

Randalls operates 32 supermarkets in Texas under the Randalls and Flagship Randalls banners. The chain consists of 13 stores located around the Houston area and 15 stores located around the Austin area as of May 2020. Randalls today forms the nucleus of the current Houston division of Albertsons and is headquartered in the Westchase district of Houston. The office served as the headquarters of the independent Randalls company before its takeover and later the Texas division of Safeway. The Randalls distribution center was near Cypress, Texas, and now is serviced by the Tom Thumb distribution in Roanoke, Texas, in the Dallas–Fort Worth metroplex.

<span class="mw-page-title-main">Fiesta Mart</span> Latino-American supermarket chain based in Houston, Texas and established in 1972

Fiesta Mart, L.L.C., formerly Fiesta Mart Inc., is a Latino-American supermarket chain based in Houston, Texas that was established in 1972. Fiesta Mart stores are located in Texas. The chain uses a cartoon parrot as a mascot. As of 2004 it operated 34 supermarkets in Greater Houston, 16 supermarkets in other locations in Texas, and 17 Beverage Mart liquor store locations. During the same year it had 7.5% of the grocery market share in Greater Houston. Many of its stores were located in Hispanic neighborhoods and other minority neighborhoods.

AppleTree Markets was a supermarket chain in Texas formed in 1969 when Safeway opened its first stores in Houston, which were spun off under the AppleTree name in 1988. The division once had 100 stores in Greater Houston and Greater Austin. By January 21, 2002, AppleTree had reduced its holdings to two stores in Bryan, Texas, where it had shifted its headquarters. One of the remaining locations was sold in 2009 and the final location, in Bryan at Highway 21 and Texas Avenue, closed in early 2012, marking the end of the chain.

Weingarten's was a supermarket chain in the Southern United States until it was acquired by Safeway in 1983. J. Weingarten, Inc. had its headquarters in what is now the East End in Houston, Texas.

<span class="mw-page-title-main">Smart & Final</span> Chain of warehouse-style food and supply stores

Smart & Final is a chain of warehouse-style food and supply stores based in Commerce, California, which developed through a series of mergers and expansions. The oldest of the combined companies, Hellman-Haas Grocery, was founded in 1871 in Los Angeles. The company operates over 250 stores in the Western United States and 15 in northwestern Mexico.

RLS Supermarkets LLC, doing business as Minyard Food Stores, was a privately owned supermarket chain in Texas.

References

  1. "Lowe's Supermarkets | Littlefield, TX".
  2. Lowe's Market Web Page "Lowe's - About Us". Archived from the original on 2009-04-08. Retrieved 2009-08-03.
  3. "Fleming's buyout of Furrs done". Associated Press . September 2, 2001. Retrieved December 19, 2011.
  4. "Lowe's Super Save purchasing Big 8 Foods' 12 El Paso stores". El Paso Times . August 2, 2006. Archived from the original on 24 March 2023. Retrieved December 19, 2011.
  5. Thaxton, Bob (April 3, 2011). "Lowe's chain to take over Super S stores". Seguin Gazette-Enterprise. Retrieved December 19, 2011.
  6. "Lowe's Market acquires Super S." Supermarket News, Apr. 11, 2011. http://supermarketnews.com/retail-amp-financial/lowes-market-acquires-super-s
  7. "Market Place sells seven locations including Gainesville store", Gainesville Daily Register, April 29, 2014. http://www.gainesvilleregister.com/community/market-place-sells-seven-locations-including-gainesville-store/article_20d0ab44-ce10-5154-8bc2-d058b01a9f93.html
  8. Allen, Micah (29 September 2023). "Porter's to be sold to Lowe's markets". cbs7.com. CBS7. Retrieved 29 September 2023.