Littlefield, Texas-based Pay and Save Inc., doing business as Lowe’s, has purchased the Super S Foods grocery store chain based in San Antonio. Lowe’s has 90 store locations throughout the Texas, New Mexico, and Arizona, and is ranked 13th of the top 50 small chains and independents by Supermarket News.
With this acquisition, which was finalized on Wednesday, March 23, Lowe’s now operates 145 stores in those three states. The chain currently employs over 3,300 teammates and is serviced by Affiliated Foods in Amarillo, Texas. Lowe’s will retain all teammates at each location of the Super S Foods Stores, according to a release issued on Monday.
"Lowe’s has a rich family history that can be traced back to the 1940s," stated the press release. They are a family owned and operated chain of supermarkets that was founded in Olton, Texas, in 1964. Today, the chain is run by Roger Lowe, his wife Yvette Lowe, their son Roger Lowe, Jr., and their daughter Lezlie Lowe.
"The Lowe’s strive to give their teammates the opportunity to grow personally, have good means for providing for themselves and their families, as well as provide a rewarding career path," the release continued. "The real success of Lowe’s is attributed to our teammates."
"Customers will begin to see a transformation of products and expansion of departments within the next three to four weeks. Customers will still find the same great prices and friendly faces that have been serving them with all their grocery needs," said Roger Lowe, Jr. The stores will remain operating with the same store hours and will be open seven days a week.
Lowe’s is not affiliated with the home improvement store.