McLane Company

Last updated
McLane Company
Company type Subsidiary
Industry Logistics and Supply chain
Founded1894;130 years ago (1894) in Cameron, Texas
Headquarters,
United States
RevenueUS$50 billion (2017)
Owner Berkshire Hathaway
Number of employees
20,545
Subsidiaries MBM, Transco
Website www.mclaneco.com

McLane is an American wholesale supply chain services company that distributes products to convenience stores, discount retailers, wholesale clubs, drug stores, military bases, fast-food restaurants, and casual dining restaurants throughout the United States. It is also a wholesale distributor of distilled beverages in some parts of the country.

Contents

McLane is organized into three distribution segments: grocery, food service, and beverage (servicing retail locations in the Southeastern United States and Colorado). [1]

Walmart, McLane's former parent company, is its largest client, making up approximately 25% of its 2017 revenues.[ citation needed ]

McLane was founded in 1894 in Cameron, Texas. The company is headquartered in Temple, and operates 80 grocery and food service distribution centers across the United States, as well as one in Brazil. McLane has been a wholly owned subsidiary of Berkshire Hathaway since 2003.

History

In 1894, Robert McLane opened a small retail grocery store in downtown Cameron, Texas. In 1903, he expanded into wholesale trade, supplying grocery stores in neighboring towns via rail and horse-drawn wagons. During the 1920s through to the 1940s, his business grew to encompass much of the Central Texas region.

In 1966, McLane Company moved its operations to Temple, Texas, and began tailoring its warehouse operations and distribution methods to the retail market, including the growing convenience store market.

In 1976 under the leadership of Drayton McLane, Jr., the company began expanding beyond Texas. By 1990, the company had established a national presence.

In December 1990, Drayton McLane sold McLane Company to Wal-Mart Stores, Inc. for 10.4 million shares of Wal-Mart stock and an undisclosed amount of cash. [2]

McLane Company entered the foodservice business in December 2000, when it acquired certain assets from AmeriServe Food Distribution to create McLane Foodservice. [3]

In May 2003, Berkshire Hathaway acquired McLane Company from Wal-Mart for $1.45 billion. [4]

In 2012, McLane acquired Meadowbrook Meat Company (MBM), a foodservice distributor. [5]

Customers

Retail chains that receive products from McLane include Walmart, Sam's Club, Walgreens, Pilot Flying J, Circle K, Wawa, 7-Eleven, ExxonMobil, [4] Target, [6] Love's, Kmart, Family Dollar, and AAFES.

Restaurant chains supplied by McLane Foodservice are part of the Yum! Brands corporation: Taco Bell, KFC, and Pizza Hut. [7] They also provide food to Sonic Drive-In as of August 2010, Buffalo Wild Wings, Arby's, Del Taco, Denny's, Jack in the Box, Hardee's and Applebee's.

Specialty divisions and companies

McLane Company owns the following specialty divisions and subsidiary companies:

Related Research Articles

<span class="mw-page-title-main">Convenience store</span> Small store that stocks a range of everyday items

A convenience store, bodega, convenience shop, corner store or corner shop is a small retail store that stocks a range of everyday items such as tea, coffee, groceries, fruits, vegetables, snacks, confectionery, soft drinks, ice creams, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines.

<span class="mw-page-title-main">Liquor store</span> Retail shop that sells alcohol

A liquor store is a retail business that predominantly sells prepackaged alcoholic beverages, including liquors, wine or beer, usually intended to be consumed off the store's premises. Depending on region and local idiom, they may also be called an off-licence, off-sale, bottle shop, bottle store or, colloquially, bottle-o, liquor store or other similar terms. A very limited number of jurisdictions have an alcohol monopoly. In US states that are alcoholic beverage control (ABC) states, the term ABC store may be used.

The Nash Finch Company was a Fortune 500 company based in Edina, Minnesota, United States. The company was involved in food distribution to private companies, primarily independent supermarkets, and military commissaries; and the operation of retail stores.

<span class="mw-page-title-main">Steinberg's (supermarket)</span> Defunct Canadian supermarket chain

Steinberg's was a large family-owned Canadian grocery store chain that mainly operated in the province of Quebec and later Ontario. In addition to its flagship supermarket chain, the company operated several subsidiaries across the country. The company went bankrupt in 1992, three years after being sold to private interests, after 75 years in business.

Musgrave Group Ltd. is an Irish food wholesaler, founded in Cork by the Musgrave brothers, Thomas and Stuart in 1876. It is currently Ireland's largest grocery distributor, with operations in Ireland and Spain with estimated annual sales of over €4 billion. The current CEO is Noel Keeley. Today, the company is still largely-owned by the Musgrave family.

Alcoholic beverage control states, generally called control states, less often ABC states, are 17 states in the United States that have state monopoly over the wholesaling or retailing of some or all categories of alcoholic beverages, such as beer, wine, and distilled spirits.

Houchens Industries is an American employee-owned company, in business since 1917 when it began as a small grocery operated by founder Ervin Houchens in rural Barren County, Kentucky. The company is headquartered in Bowling Green, Kentucky. The company currently operates more than 325 retail grocery, convenience, and neighborhood market stores across 14 states, through their Houchens Food Group subsidiary. Complemented by a strong foundation of diverse companies and over 15,000 employees corporate-wide, Houchens Industries is listed by Forbes as one of the largest 100% employee-owned companies in the world.

A food service distributor is a company that provides food and non-food products to restaurants, cafeterias, industrial caterers, hospitals, schools/colleges/universities, nursing homes, and anywhere food is served away from the home.

<span class="mw-page-title-main">Jitney Jungle</span> Chain of supermarkets

Jitney Jungle was a chain of supermarkets that began in Jackson, Mississippi, in 1919. It was a private Forbes 500 company and one of the largest privately held grocery store chains in the United States. It was acquired by Winn-Dixie in 2000.

<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.

Bharti Enterprises Limited is an Indian multinational conglomerate, headquartered in Delhi. It was founded in 1976 by Sunil Bharti Mittal. Bharti Enterprises owns businesses spanning across telecommunications, manufacturing, insurance, real estate, hospitality, and food. The group's flagship company, Bharti Airtel, is a telecom service provider with operations in more than 18 countries across Asia, Africa and Europe. The company ranks amongst the top two mobile network operators globally by number of subscribers.

<span class="mw-page-title-main">Sexton Foods</span> Former wholesale grocer

John Sexton & Company, also known as Sexton Quality Foods, was a broad line national wholesale grocer that serviced the restaurant, hotel and institutional trade from regional warehouses and truck fleets located in major metropolitan areas of the United States. Sexton Quality Foods eventually became US Foodservice in 1997. The company was established in Chicago in 1883 by John Sexton.

S.E. Rykoff & Co., also known as SERCO, was a broad line national wholesale grocer that serviced the restaurant, hotel and institutional trade from regional warehouses, sale forces and truck fleets located primarily on the west coast of the United States. S.E. Rykoff & Co. eventually became US Foods in 1997 by merging with JP Foodservice. The company traces its roots to a small family grocery store opened by Harry and Ida Rykoff in Los Angeles, California in 1911.

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

Retalix Ltd. is a former Israeli software company that developed, licensed, implemented and supported software applications for retailers, wholesalers and distributors of fast-moving consumer goods, mainly in the grocery, convenience store, and foodservice industries.

<span class="mw-page-title-main">David's Supermarkets</span> Supermarket chain

David's Supermarkets was an independently owned supermarket chain headquartered in Grandview, Texas, United States. Founded in 1964, David's operated 25 stores in North Central Texas and Northeast Texas, concentrated in very small communities not served by other chains.

<span class="mw-page-title-main">Palmer and Harvey</span> Former UK retail wholesaler

Palmer and Harvey plc was a UK-based wholesaler that serviced the multiples and convenience sectors.

<span class="mw-page-title-main">US Foods</span> American foodservice distributor

US Foods Holding Corp. is an American food service distributor founded in 1989. With approximately $24 billion in annual revenue, US Foods was the 10th largest private company in the US until its IPO. Many of the entities that make up US Foods were founded in the 19th century, including one that sold provisions to travelers heading west during the 1850s gold rush. US Foods offers more than 350,000 national brand products and its own "exclusive brand" items, ranging from fresh meats and produce to prepackaged and frozen foods. The company employs approximately 25,200 people in more than 60 locations nationwide, and provides food and related products to more than 250,000 customers, including independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. The company is headquartered in Rosemont, Illinois, and is a publicly traded company trading under the ticker symbol USFD on the New York Stock Exchange.

<span class="mw-page-title-main">Grocers Supply</span> American wholesale grocery distributor

The Grocers Supply Co., Inc. is a wholesale grocery distributor with its headquarters in the Southeast Houston district, Houston, Texas. As of 2011, it was the largest grocery wholesale company in the Southwest United States.

<span class="mw-page-title-main">Red and White Brand</span> First store brand for grocery merchandise

Red & White was the first store brand for grocery merchandise, food products, beverages and household supplies. The brand was first launched on cans of coffee in 1908 by Smith Michael (S.M.) Flickinger in Buffalo, New York to compete with A&P and its popular private brand coffee and was named after the color on the store shelves.

Labatt Food Service is a third generation family owned food service distributor involved in marketing and distributing food products to regional chain restaurants, independent operators, schools, quick service chains, healthcare facilities and military bases. Labatt delivers to Food away from home customers in five states in the southern United States. The company is headquartered in San Antonio, Texas.

References

  1. "McLane Food Service – Felons Get Hired". www.felonsgethired.com. Retrieved 2020-05-14.
  2. "Astros sale: Changing of the guard" Houston Chronicle, July 5, 1992.
  3. "Tricon pleased by McLane purchase of AmeriServe". QSR Magazine, December 5, 2000. Retrieved June 13, 2007.
  4. 1 2 "Wal-Mart agrees to sell food supplier " New York Times, May 3, 2003.
  5. McLane Company agrees to acquire MBM
  6. "Grocery distributor starts new center in Lackawanna County" "The Associated Press State & Local Wire", April 13, 2007.
  7. "Tricon pleased by McLane purchase of AmeriServe "". QSR Magazine, December 5, 2000. Retrieved June 13, 2007.
  8. 1 2 "McLane buys McCarty-Hull" Amarillo Daily News, March 30, 2006.