Food and Staples Retailing
Company Overview of Brookshire Grocery Company
Brookshire Grocery Company operates a chain of grocery stores in Texas, Louisiana, and Arkansas. It offers produce, meats, bakery products, cakes, deli and produce platters, seafood, pharmacy products, and other household products. The company was founded in 1928 and is based in Tyler, Texas.
1600 West Southwest Loop 323
Tyler, TX 75710-1411
Founded in 1928
Key Executives for Brookshire Grocery Company
Chief Executive Officer and President
Chief Financial Officer, Senior Vice President, Controller and Member of Executive Committee
Executive Vice President of Retail Operations
Senior Vice President of Category Management for Regional Chain
Compensation as of Fiscal Year 2015.
Brookshire Grocery Company Key Developments
Brookshire Holdings Terminates Sale Process
Nov 23 15
Brookshire Holdings, Inc. has terminated the sale process of Brookshire Grocery Company without providing further details.
Brookshire Grocery Considering Multiple Strategic Alternatives
Oct 16 15
Brookshire Grocery Company is considering multiple strategic alternatives. Brookshire’s leadership sent an internal memo to management after the news broke. Brookshire Grocery Company, said, “We feel it is important for you to know that at this time we are currently evaluating potential strategic alternatives which may include a possible business combination. In connection therewith, it is our goal to preserve and strengthen the Brookshire Grocery business and heritage,” the memo read. “However, we are still in the preliminary stages of considering any potential alternative, and we do not know at this stage whether any alternative will be agreed upon or completed.”
Brookshire Grocery Reportedly Exploring Sale
Oct 14 15
Brookshire Grocery Company is exploring a sale valuing the family-owned at about $1 billion, including debt, according to people familiar with the matter. JPMorgan Chase & Co is advising in the sale that has attracted larger peers, including Albertsons, LLC (NYSE:ABS), the people said this week.
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