April 26, 2017 9:43 PM ET

Food and Staples Retailing

Company Overview of Brookshire Grocery Company

Company Overview

Brookshire Grocery Company operates a chain of grocery stores in Texas, Louisiana, and Arkansas. It offers meat, bakery, deli, seafood, pharmacy, and other household products. The company was founded in 1928 and is based in Tyler, Texas.

1600 West Southwest Loop 323

P.O. Box 1411

Tyler, TX 75710-1411

United States

Founded in 1928

Phone:

903-534-3000

Fax:

903-534-2206

Key Executives for Brookshire Grocery Company

Chairman and Chief Executive Officer
Chief Financial Officer and Executive Vice President
Senior Vice President and Division Manager
Executive Vice President of Retail Operations
Senior Vice President and Division Manager
Compensation as of Fiscal Year 2016.

Brookshire Grocery Company Key Developments

Brookshire Grocery Co. Announces Management Changes

Brookshire Grocery Co. board of directors has promoted four of its leaders to officer roles. Kyle McCoy was promoted to executive vice president, chief financial officer. McCoy, who joined Brookshire in 2008 as an accountant, was most recently senior vice president-treasurer. He has also served as manager and director of corporate taxation. Holly Shotts is now VP-controller. Shotts joined the company as an accountant in 1992. She served in various accounting roles and was named director of financial accounting in 2003. Cindy Murphy was promoted to VP of IT. Murphy started with BGC 35 years ago as a cashier, and worked her way up in various accounting and IT roles. She was named director of corporate systems in 2011. Curtis Wiggins was also named VP of IT. He has served as director of retail business systems management since 2008. He was previously a programmer analyst and also worked in development of operating systems, databases, applications and networks.

Brookshire Holdings Terminates Sale Process

Brookshire Holdings, Inc. has terminated the sale process of Brookshire Grocery Company without providing further details.

Brookshire Grocery Considering Multiple Strategic Alternatives

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.”

Similar Private Companies By Industry

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1-800-WINESHOP.COM, Inc. United States
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3 Sisters Chocolate and Mad Cow Memories, LLC United States
3548 Meat Corp. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 3, 2017
Brookshire Grocery Company, Manufacturing Assets of Ice Cream, Dairy and Water Plants
Merger/Acquisition
June 15, 2016
Wal-Mart Stores, Inc., 25 Walmart Express Stores
Merger/Acquisition
June 15, 2016
20 stores in Texas and 5 in Louisiana
 

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