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Home > Company Index > Retail > Grocery Retailing > Furrs Supermarkets, Inc.
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Furrs Supermarkets, Inc. |
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PROFILE |
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Out in the West Texas town of El Paso, folks buy their fajita fixins at Furrs Supermarkets. The chain (no longer related to Furr's Cafeterias) operates nearly 70 grocery stores throughout New Mexico and West Texas, with nearly one-half in the Albuquerque and El Paso areas. The company, founded as Furr's Inc. in 1904, became Furrs Supermarkets in 1991 as a result of a LBO of 65 stores from the German parent company of Furr's Inc. Windward Capital Partners owns about 60% of the company, which has been operating under Chapter 11 bankruptcy protection. Furrs auctioned off its assets in June, and wholesaler Fleming won the bid, saying it would sell most of the stores to independent grocers when the deal is complete.
COMPETITION |
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Albertson's, Inc. (ABS)
Smith's Food & Drug Centers, Inc. (dossier)
United Supermarkets, Inc. (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 1,000.00
1-Yr. Sales Growth: 0.0%
Employees: 5,000
Revenue per employee: $200,000.00
KEY PEOPLE |
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Steven L. Mortensen
CEO
Steven Stork
CFO
CONTACT INFO |
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4411 The 25 Way NE, Suite 100
Albuquerque, NM 87109
US
Phone: 505-998-3877
Fax: 505-944-2671
Online: Web Site
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