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H-E-B has acquired six Sun Fresh Market stores from RLS Supermarkets of Dallas, possibly marking the entrance of the San Antonio-based grocer’s namesake banner into the North Texas market, the Dallas Business Journal reported.
Although H-E-B said its upscale Central Market banner “continues to be the primary format” for the Dallas-Fort Worth area, it added that it's examining each store purchased to determine the best use for each. The retailer currently operates five Central Markets in north Texas and offers grocery delivery to the region and beyond.
Sun Fresh is in the process of closing the acquired stores, with the transaction expected to close in the coming weeks. H-E-B didn't disclose terms of the deal, nor did it say when the stores would reopen under its ownership.
The acquisition is the second Sun Fresh Market has seen over two months, the first being Fiesta Mart’s purchase of two Sun Fresh Markets and nine Minyard Food Stores, which retired the Minyard chain.