Houchens Company Description
Houchens Industries is a supermarket of businesses as well as an operator of supermarkets. The diversified company runs about 175 grocery stores under the Houchens, Food Giant, IGA, Piggly Wiggly, and Mad Butcher banners. Its 220-plus Save-A-Lot discount grocery stores in 13 states offer limited selections and cover 15,000 sq. ft. or less. Houchens also owns about 40 Jr. Foods convenience stores and 23 Tobacco Shoppe discount cigarette outlets, mostly in Kentucky and Tennessee. It sold cigarette maker Commonwealth Brands in 2007. Other businesses include construction, financial services, real estate, and recycling. Founded as BG Wholesale in 1918 by Ervin Houchens, the firm is 100% owned by its employees.
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The Company Description provides a historical perspective of Houchens's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Houchens's evolution in the marketplace.
