Market Basket Foods , under the trade name Market Basket, is a

chain A chain is a serial assembly of connected pieces, called links, typically made of metal, with an overall character similar to that of a rope in that it is flexible and curved in compression but linear, rigid, and load-bearing in tension. A c ...

of 34 supermarkets that serves southeast

Texas Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...

and

Louisiana Louisiana , group=pronunciation (French: ''La Louisiane'') is a state in the Deep South and South Central regions of the United States. It is the 20th-smallest by area and the 25th most populous of the 50 U.S. states. Louisiana is borde ...

in the United States, with headquarters in

Nederland, Texas Nederland ( ) is a city in Jefferson County, Texas, United States. The population was 18,856 at the 2020 census. The city was settled in 1897 along what is now Boston Avenue and incorporated in 1940. It was settled by Dutch immigrants on land so ...

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 The Kroger Company, or simply Kroger, is an American retail company that operates (either directly or through its subsidiaries) supermarkets and multi-department stores throughout the United States. Founded by Bernard Kroger in 1883 in Cincin ...

and

Weingarten's 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. History Hersch Harris Weingarten, a poor Jewish i ...

stores in Lake Charles,

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, Port Arthur and

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. 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 Piggly Wiggly is an American supermarket chain operating in the American Southern and Midwestern regions run by Piggly Wiggly, LLC, an affiliate of C&S Wholesale Grocers. Its first outlet opened in 1916 in Memphis, Tennessee, and is notable f ...

Safeway Safeway is an American supermarket chain founded by Marion Barton Skaggs in April 1915 in American Falls, Idaho. The chain provides grocery items, food and general merchandise and features a variety of specialty departments, such as bakery, d ...

, Theriot’s, Winn-Dixie, and

. 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

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stores. The Mauriceville location was replaced with a newly constructed store during this time. During the summer of 2001, the company purchased two Hughes Market Basket stores, in Port Arthur and Nederland. In 2002, the grocer purchased two Price-Lo stores in

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and DeRidder. Stanley’s in Leesville and Pair’s in Winnie were added, as well.

External links

Market Basket Homepage
{{Supermarkets of the United States Supermarkets of the United States Companies based in Texas Retail companies established in 1962 American companies established in 1962