Market Basket (Louisiana and Texas)

Market Basket
IndustryRetail
Founded1962
Number of locations
34
Area served
Texas, Louisiana
Productssupermarkets
Number of employees
2,201
WebsiteMarketBasketFoods.com

Market Basket is a supermarket chain that serves southeast Texas and Louisiana. Formed in 1962, the grocer now operates 34 Market Basket stores and Mercado location, and employs 2,201 associates. It is headquartered in Nederland, Texas.

History

Johnnie Alford, Ed Hughes, Howard Hatfield, Roy Theriot and Bruce Thompson founded Market Basket in early 1962. Each was an independent grocer, owning one store each. The five grocers joined together to keep advertising costs low and pool their purchasing power. Three of the grocers remained one-supermarket operators while Hughes and Thompson formed a 50-50 corporation for joint expansion.

Thompson and Hughes bought four stores as partners in the 1960s. During the early 1970s they obtained former A&P, Kroger and Weingarten's stores in Lake Charles, Beaumont, Port Arthur and Orange. In 1983, Bruce Thompson purchased Hughes’ interest in their jointly held corporation.

During the 1980s, two new stores were constructed, and the chain grew with the acquisition of 14 more stores formerly operated by Piggly Wiggly, Safeway, Theriot’s, Winn-Dixie, and Weingarten's.

The next decade saw Market Basket begin an extensive remodeling and expansion program for half of the chain. More stores in the 1990s were acquired, including four cash and carry locations and three AppleTree stores. The Mauriceville location was replaced with a newly constructed store during this time.

2001년 여름, 그 회사는 포트 아더와 네덜랜드에 있는 두 개의 휴즈 마켓 바스켓 매장을 구입했다. 2002년에 이 식료품점은 비도르디리더에 있는 두 개의 프라이스 로 매장을 구입했다. 리즈빌에 있는 스탠리와 위니에 있는 페어도 추가되었다.

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