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Super S Official Statement on Lowe's Purchase
Wednesday, March 30, 2011 • Posted March 30, 2011

Editor's Note: Our article on page 14 referenced that we were waiting on a response from either of the companies, and this arrived late Tuesday.

Pay and Save Inc. dba Lowe’s based out of Littlefield, Texas with 90 locations throughout the Texas, New Mexico and Arizona has purchased Super S Foods store chain based out of San Antonio, Texas.

Lowe’s has a rich family history that can be traced back to the 1940’s. They are a family owned and operated chain of supermarkets and was founded in Olton, Texas in 1964. The entire family is involved and dedicated to ensuring the success of Lowe’s. The chain currently employs over 3,300 teammates and is serviced by Affiliated Foods in Amarillo, Texas. The acquisition became final on Wednesday, March 23

Lowe’s will retain all teammates at each location of the Super S Foods Stores. "Customers will begin to see a transformation of products and expansion of departments within the next three to four weeks. Customers will still find the same great prices and friendly faces that have been serving them with all their grocery needs," said Roger Lowe Jr. The stores will remain operating with the same store hours and will be open seven days a week.

With this acquisition Lowe’s now operates 145 stores in Texas, New Mexico and Arizona. The Lowe’s strive to give their teammates the opportunity to grow personally, have good means for providing for themselves and their families, as well as provide a rewarding career path. The real success of Lowe’s is attributed to our teammates!

rd.

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