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    • Building A Regional Presence
    • Unmatched Expansion
    • Increased Competition and Innovation
    • Competition Intensifies
    • New Ownership and New Directions
    • Further Reading

    The time was the Great Depression era of the 1930s. A. W. “Eck” Minyard, an employee with the U.S. Postal Service, was concerned that his younger brothers, who had just completed high school, would have difficulty finding work. To supply jobs for his siblings, Eck bought a small store in east Dallas for $1,200. The first Minyard Food Store, which w...

    Minyard Food Stores had enjoyed five decades of success, and the company intended to continue moving forward and growing operations with the needs of the communities it served in mind. Because of the company’s growth in the 1970s, Minyard was forced to once again move its administrative offices and distribution center. In 1981 Minyard headquarters ...

    As Minyard Food Stores entered a new decade, it faced many new challenges, including a rapidly changing consumer environment. Taking a bold step to meet the changing needs of the community, Minyard announced in 1990 that it would open a new store format dedicated to serving the growing, and mostly under-served, population of minorities and ethnicne...

    Although Minyard prospered in the 1990s, fending off most of its competition, the company soon faced new and bigger rivals. The already competitive grocery market intensified considerably after Wal-Mart Neighborhood Market, Costco Wholesale Corporation, Fleming Cos.’ Yes!Less, SuperTarget, and H-E-B’s Central Market moved in to the area. As a resul...

    In October 2004, the 72-year-old grocery chain was sold to a group of investors. Sisters Liz Minyard and Gretchen Minyard Williams, co-chairwomen and co-CEO’s, and their cousin Bob Minyard, sold the independent chain to Acquisition Vehicle Texas II, LLC (Minyard Group), led by investor Ronald E. Johnson and backed by investors from Texas. In the 19...

    Chater, Amanda, “Minyard to Boost Hispanic Offering,” Supermarket News,July 18, 2005, p.29. Donegan, Priscilla, “A Woman’s Place: Although Women Still Dominate the Grocery Store Aisles, They’re Few and FarBetween in the Industry’s Executive Suites. But Times Are Changing—Slowly,” Progressive Grocer,May 1, 1989, p. 37. Duff, Mike, “Carnival’s Servic...

  2. Nov 1, 2004 · Owned and operated by the Minyard family for the past 72 years, the 69-store supermarket chain will continue to be operated under its three existing banners, Minyard Food Stores, Sack'n Save Warehouse Food Stores and Carnival Food Stores, according to the company.

  3. Minyard Food Stores, Inc. is a privately owned and operated grocery store chain in Texas. The family-run business includes three supermarket chains: Sack 'n Save Warehouse Food Stores, Carnival Food Stores, which cater to ethnic minorities, and the traditional Minyard Food Stores.

  4. Apr 19, 2024 · On October 29, 2004, after 72 years in business, the Minyard family sold Minyard Food Stores, Inc. to Acquisition Vehicle Texas II, LLC, an investment company conducting business under name Minyard Group. [1]

  5. The Minyard Family owned and operated Minyard Food Stores until the company was sold in 2004 to a private investment firm. In 2008 the company divested itself of the Carnival division and most of the Sack 'n Save division, and laid off roughly 2/3 of the company.

  6. On October 29, 2004, after 72 years in business, the Minyard family sold Minyard Food Stores, Inc. to Acquisition Vehicle Texas II, LLC, an investment company conducting business under name Minyard Group.

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