Mockingbird Lane and Abrams Road in East Dallas has a Tom Thumb on the northwest corner. The Albertsons on the southeast corner was sold and later closed by a smaller operator, Minyard Sun Fresh Market, which didn’t have the scale to compete.The intersection is just now getting a second grocery store again to compete with Tom Thumb. Sprouts Farmers Market will open soon on the northeast corner in space vacated when Stein Mart went out of business in 2020.
McMullen said the retailer will invest $500 million to lower Albertsons prices and $1.3 billion to improve the acquired stores. He pointed to private-label products, such as Kroger’s Simple Truth, Home Chef and Private Collection and Albertsons’ Signature Select and O Organics, as a way to lower prices.
“Consumer goods companies are watching this very closely,” said Bobby Gibbs, principal in the Dallas office of management consulting firm Oliver Wyman.
This is why we need more H-E-Bs
Quality and selections will suck! I prefer Tom Thumb to Kroger especially with the selection of pre made meals for taking to work!
The merger doesn’t mean that much for Texas as Albertsons/Tom Thumb/Randall’s are the worst market shares in the country. Only Market Street is valuable.
Nothing, I don’t shop at those stores.
Higher prices, fewer choices, lower store count. Sux all round.
It means they will continue to gouge us and call it inflation
Higher prices I'd wager
The inevitable is that HEB will destroy these grocery stores within five years.
Dallas badly needs Publix
Need more HEB’s please🙏
Grocery stores have made record breaking profits for the last three years. Allowing this giant merger of Kroger and Albertson’s means less choice for all consumers.