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By 1960, the 11 Minyard Food Stores generated sales of $15 million. Additional sites were purchased for future expansion and in 1961, a 70,000-square-foot (6,500 m 2) complex on Cedar Springs Street in Dallas became the site of Minyard's central office and distribution operations. By the end of the 1960s, the company had a total of 16 stores.
1988: Lisbeth Minyard and Gretchen Minyard Williams assume leadership of the company. 1990: Company launches Carnival Food Stores to cater to ethnic shoppers. 1997: Minyard opens gasoline stations under the name 'Minyard's On The Go.'. 1998: Company sales exceed $1 billion for the first time in company history.
- 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...
Up until just a couple years ago, there were several Minyards-branded "Sun Fresh Market" stores around town, but weren't owned by the Minyards family. SFM sucked, all of them, and failed. The one that was at Midway/NW Hwy is now a Central Market, the one that was at Forest/Marsh is still vacant.
Jan 26, 2009 · Minyard Food Stores here will focus on growing sales within its existing footprint, the company told SN last week after it named Ron McDearmon as the company's new president and chief operating ...
Nov 1, 2004 · Heated Competition Drives Minyards Out of Grocery Business. 11/1/2004. COPPELL, Texas - The Minyard family has sold its supermarket chain, Minyard Food Stores, Inc., to a Texas-based investment company. 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 ...
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Minyard Food Stores, Inc. is a retail grocer operating in the Dallas/Fort Worth Metroplex. The company was founded in 1932. Minyard growth through the years was fueled by responding to the specific needs of the varying communities served. 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 ...
