Randall operates 43 supermarkets in Texas, with 27 stores around the Houston area and 16 stores around the Austin area, under Randalls and Flagship Randalls banners. Randall today forms the core of the current Houston Albertsons division and is headquartered in the Westchase district of Houston. This office serves as the headquarters of independent Randalls company before takeover and then division of Texas Safeway. The Randall distribution center is near Cypress, Texas (Cy-Fair area in Northwest Harris County unrelated to Houston's postal address) and is now served by Tom Thumb distribution in Roanoke, Texas at the Dallas-Fort Worth metroplex.
Most stores include fresh seafood, flowers, cosmetics, bread, and film processing departments. Premium Featured Outlets and Flagship Tom Thumb shops have upgraded their departments to provide fresh pizza, pasta and barbecue. Many locations even offer bank branches, ATMs, coffee shops, windows of the drive-through pharmacies, fueling stations and full service counters where customers can buy lottery or movie tickets, pay utility bills and license renewal.
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Histori
Randall Food Markets was founded by Robert Randall Onstead, R. C. Barclay, and Norman N. Frewin in Houston, Texas, on July 4, 1966, with the purchase of two existing grocery stores. Randall first opened in 1966. The company's fourth store opened in 1970, and by the end of the decade the company has 15 stores and has established itself in the market. In 1980 Randall had 8% of Houston's wholesale market, making it the fourth largest grocery store there. In 1985 the company was the second largest grocery store in the five Greater Houston area, with 17% of sales in the market.
In 1989, Soviet politician Boris Yeltsin, later President of Russia, visited a Randall store in Clear Lake. Yeltsin was amazed by the selection of items available at the shop and was quoted as saying, "Even the Politburo have no choice, not even Mr. Gorbachev." Yeltsin later wrote in his autobiography, "When I saw the shelves were filled with hundreds, thousands of cans, cartons and items of all possible kinds, for the first time I felt sick from despair for the Soviet people. It's like a potentially super rich country because our country has been brought to such a state of poverty! "
By 1990, the chain had grown to 42 stores. In 1991 Randall earned over a billion dollars in revenue, making it the fastest growing company in Houston.
Expanding from Houston
In the 1990s Randall expanded to Dallas, Fort Worth, and Austin. The Cullum Company, owner of 62 stores Tom Thumb and Simon David in Dallas, Fort Worth and Austin, became part of the Randalls family in 1992, doubling the size of the company with more than 115 stores across the state. Tom Thumb logo changed to similar to Randall, but Tom Thumb's name is retained. Already in Austin under the name Tom Thumb, Randall added his own name to the market in January 1994 when the company bought 12 AppleTree Markets stores (ironically a grocery store formed with a former Safeway site as a result of Safeway leaving Texas in 1988). Nine of 12 AppleTree Markets and seventh Tom Thumb stores converted to Randall banners, providing a significant presence for the company in Texas Hill Country. The three remaining AppleTree stores are closed. Although Simon David will remain open until December 1996, afterwards became Saks Fifth Avenue. After many customers bemoaned the loss only Simon, David Randalls, decided in 1998 to make Bee Caves store the Flagship Randalls supermarket, the first in town and the eighth in the chain.
After 28 years of operation, Randall began selling beer and wine at his stores in late 1994. (Although Tom and AppleTree's company stores in Dallas and Austin acquired in early 1992 sold beer and wine.)
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Post-Disaster Era
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In April 1997, the company purchased Kohlberg Kravis Roberts & amp; Co. invested $ 225 million in exchange for the interests of the majority in the supermarket chain. Randall then accelerated its growth in various markets and at the same time sold or closed stores that hampered progress. Within a year, the company opened a store in Houston and three stores in Dallas (including two substitute stores), while closing four stores in Houston, two Dallas stores (replaced) and four stores in Austin.
On February 28, 1999, Randall had 45 stores in Houston, earning $ 1060.2 million in annual sales. That's 20.3% of Houston's regional wholesale market. It has 7,876 Houston-area employees. In the year before February 28, 1999, one shop opened and seven stores were renovated. In July of that year it had 20.2% of the regional market, making it the second largest grocery store there.
Safeway
In 1999, Safeway Inc., a Fortune 50 company and one of North America's largest food and drug retailers by sales, purchased the Randall/Tom Thumb network of 116 outlets. The purchase was announced on Friday, July 23, 1999. Safeway retains Randall's name in Houston and Austin as well as Tom Thumb and Simon David in Dallas/Fort Worth, but replaces many Randall/Tom Thumb store brands "Remarkable" with private label Safeway items. Randall Food Markets, Inc., became a division of Safeway and changed the name of its division to Randalls Food & amp; Drugs. In 2001, Randalls operated 46 stores in the Houston area, 12 stores in Austin and 69 stores in Dallas/Ft. The area is worth (under the banner of Tom Thumb and Simon David).
In early 2005, Safeway was rumored to be trying to sell the 138-store Texas division later. Instead, Safeway announced by the end of this year it would close 15 Randall stores in the Houston area, one in Austin, and nine Tom Thumb stores in the Dallas-Fort Worth area. After closing Randall/Tom Thumb operates 62 stores in Dallas, 36 in Houston and 14 in Austin. Safeway said the move would revitalize the Texas division and that it plans to remodel the store to fit a nationally applied "Lifestyle" format and introduce exclusive products. The new Lifestyle format has a wider selection of perishables and a host of unique offers, including many natural and organic food choices, full-service meat counter, full-service bakery and flower design center, as well as a sushi bar and olive bar. As a result of the intense competition in the operating market of Randalls, the "Lifestyle" format store is Safeway's response in an effort to recover lost market share. In Houston, market share fell to 6.9% in 2006.
Albertsons
In March 2014, Cerberus Capital Management agreed to a requirement to buy Randalls' parents, Safeway, with plans to integrate it with his Albertsons network. After this, 44 Randall stores were reconciled with the Louisiana and Florida Albertsons south stores as the company's new "Houston" division. The Tom Thumb store is reconciled with North Texas Albertsons store in the Southern division, effectively ending the relationship between the two shopping chains. In November 2016, a shop opened in Leander, Texas.
In mid-January 2017, the company announced that the South Katy store (serving Cinco Ranch) at 1525 South Mason Road (not to be confused with the 525 South Fry Road store, which remains open) will close in mid-February, bringing the number of stores to its 29th store division in Greater Houston.
In early March 2017, the Cypress distribution center will be consolidated to Tom Thumb's Dallas-Fort Worth distribution center in Roanoke by the end of 2017. The Roanoke distribution center will now supply Albertsons, Tom Thumb and Randall stores in Texas, Louisiana and Arkansas.. Also, the Houston office will be consolidated to Albertson's offices in Fort Worth by mid-2017.
On January 12, 2017, the Georgetown, Texas store opened to the public. In early April 2018, Oak Forest and Alief's stores were liquidated. The Cypress store will close in June 2018.
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Although many shops were closed during Hurricane Ike, Randall quickly reopened. The Galveston, Texas shop received severe water damage due to storm surges, but successfully reopened after the storm. Gas stations in the warehouse is one of the first in Galveston to reopen.
After Hurricane Ike, Randall partnered with KHOU Channel 11, 104.1 KRBE, and Jack FM for the Hurricane Ike Relief Fund to help those in need.
Loyalty program
Randall offers a loyalty card (Remarkable Card) that provides discounts for some items, as well as a 3 cent discount for gasoline or a portion of the proceeds donated to charity. His loyalty cards are good at all Safeway stores. (Loyalty cards issued prior to purchase by Safeway can only be used in Randall and Tom Thumb stores; Safeway branded loyalty cards can be used in Randall and Tom Thumb exactly as they are in the Safeway branded stores.) The Safeway Pump Award that previously enabled customers spent $ 100 to receive 10-cent gas discounts discontinued on September 12, 2009.
References
External links
- the official site of Randall Food Market
- Official mobile site
- Randall Innovative extraordinary story Houston Business Journal (July 30, 1999) comments on Randalls purchased by Safeway
- Randall Food Market History from FundingUniverse.com
- [1] from Reuters, an article on Safeway was purchased with Ceberus Capital.
Source of the article : Wikipedia
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