Market Basket Announces New Expansion

In 1961, Bruce Thompson, Founder and CEO, opened the first Market Basket grocery store in Groves, Texas. This year Market Basket celebrates, with their customers and associates, its 50th Anniversary.

Today, Market Basket remains a privately-owned grocer serving the Louisiana and East Texas region with 30 full-service supermarkets. Currently, Market Basket employs more than 2,000 associates.

To serve our valued customers well, Market Basket provides innovative supermarket solutions and a full assortment of grocery products to keep pace with customers evolving needs. Market Basket announces, during its big anniversary year, that it has broken ground for a new 8,500 square foot expansion to their existing store in the Park Dell Terrace Shopping Center in Moss
Bluff, LA.

“We will be remodeling and adding new fixtures throughout much of the already existing store. The renovations and the new additions of the expansion will make this store one of our flagship stores in our 30 locations,” Skylar Thompson said. “The new addition will allow this store to improve its bakery and deli departments, the farm fresh produce department, an expanded
butcher block meat department and display area, as well as an area of dedicated seating for customers that choose to grab a quick bite.”

“The folks in Moss Bluff have been good patrons of Market Basket over the years,” Thompson added, “and we want to show our appreciation by providing one of the best supermarket facilities in Southwest Louisiana. We expect to spend close to $3 million on the expansion.” Skylar Thompson also emphasized that the store would remain open and fully stocked during the remodeling process and that every effort would be made not to inconvenience their shoppers.

Completion is anticipated to be late summer, 2011.

Park Dell Terrace Shopping Center, located on Sam Houston Jones Parkway (Hwy 378) is managed by Richman Reinauer with Reinauer Real Estate Corporation. “The new facility will give the Market Basket store 32,500 square feet,” Reinauer said. Market Basket’s home office is located in Nederland, Texas.