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  2. The San Antonio-based grocer is not publicly traded, and it’s unlikely to launch an initial public offering (IPO) soon, if ever. It's been owned by the Butt family since its founding. (Its initials stand for Howard E. Butt, who delivered groceries from a wagon as a boy and took over the original store in Kerrville, Texas, from his mother in 1919.)
    www.fool.com/investing/how-to-invest/stocks/how-t…
    The extended Butt family owns approximately 90% of the San Antonio-based firm, which Forbes currently values H-E-B at just over $17 billion. The rest is owned by employees through an ownership program the company created in 2015. Two of the family members that own this 117-year-old company made the 2022 Forbes 400 list of richest Americans.
    www.forbes.com/sites/andreamurphy/2022/10/01/m…
     
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    H-E-B - Wikipedia

    H-E-B is the largest privately held company and largest private employer in Texas. H-E-B acquired Favor Delivery as a wholly owned subsidiary in February 2018. The details of the merger were not disclosed. See more

    H-E-B Grocery Company, LP, is an American privately held supermarket chain based in San Antonio, Texas, with more than 380 stores throughout the U.S. state of Texas and the country of Mexico. The company also … See more

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    H-E-B opened its first Mexican store in 1997 in Monterrey. It has more than 50 locations in Mexico. H-E-B crossed the $1 billion annual sales mark in Mexico in 2012. See more

    The company gives 5% of annual pretax earnings to causes in the areas in which it operates, including education and food banks. The … See more

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    The company was founded on November 26, 1905, when Florence Butt opened the C.C. Butt Grocery Store on the ground floor of her family … See more

    Headquartered in downtown San Antonio, H-E-B operates more than 300 stores in over 150 communities across Texas. As of late 2010, its … See more

    In the mid-1980s, local grocery chains Handy Andy and Centeno joined a lawsuit against H-E-B citing unfair pricing practices. H-E-B eventually settled the suit out of court with Centeno in 1998 for $6.5 million and with Handy Andy for an undisclosed … See more

    • Official website
    • H-E-B at YouTube
    • Charles Butt & family profile on Forbes
    • "H-E-B homepage". Archived from the original on April 5, … See more

     
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    WEBJun 27, 2024 · Granted, even if H-E-B sites all become stores, they still won't have as many as Kroger, Tom Thumb, Albertsons and Walmart, the longtime top grocery chains in North Texas.

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    WEBZone 2 encompassed H.E.B. stores not as directly affected by Kroger, and the goal was to beat Kroger’s price on a smaller number of items. Zone 3 was all the other stores in San Antonio,...

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