H-E-B 10/23/14. Our Story Our story is one of perseverance — of early failures and trying again We believe in the value of hard work, the importance of.

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Presentation transcript:

H-E-B 10/23/14

Our Story Our story is one of perseverance — of early failures and trying again We believe in the value of hard work, the importance of taking care of people, and dreaming big

Our Story – The Beginning 1905: Florence Butt invests $60 to open the first store in Kerrville, Texas 1926: After some unsuccessful attempts, H-E-B doubles in size by successfully opening a second store in Del Rio 1937: H-E-B begins operating the Harlingen Cannery Co. (the first product is grapefruit juice)

Our Story – The Next Generation 1952: The first food/drug store opens in Corpus Christi 1971: Charles Butt is named President of H-E-B Grocery Company, a $250 million business 1980: After 75 years in business, H-E-B reaches $1 billion in sales

Our Story – Growing & Growing 1994: First Central Market opens in Austin. 1997: First store in Mexico opens in Monterrey. 2001: H-E-B enters the Houston market in a Texas-sized way with large-format stores; the first one opens at Fountainview and Westheimer. 2004: First H-E-B Plus! store opens in San Juan and H-E-B opens a new Houston Bakery. This fully automated facility provides fresh breads to the region. The bakery produces an average 153 loaves of bread and 750 buns per minute. 2006: Mi Tienda, a fresh new shopping experience for Latino Customers, opens in Houston. 2010: The first Joe V’s Smart Shop opens in Houston.

H-E-B Today H-E-B by the Numbers Years in Operation108 Annual U.S. Sales$19.4 B Annual Global Sales$20.9 B Number of Stores358 Number of Stores in Mexico47 Number of Central Markets9 Number of Plus! Locations34 Largest Store185,000 sq. ft. Number of Own Brand Items14,500+

H-E-B Port of Houston Volume: What Is Needed To Support Using The Port of Houston? Shorter transit times (Panama Canal congestion). Increased transit time = more safety stock = more investment for HEB. More steamship lines calling on the Port of Houston = more competitive Freight Rates.

H-E-B Port of Houston Improvements Needed to Support Additional Business: Heavy Weight Corridor Cold Storage Facilities Cross Dock Facilities