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 NumbersYears in Operation 108
Annual U.S. Sales $19.4 B
Annual Global Sales $20.9 B
Number of Stores 358
Number of Stores in Mexico 47
Number of Central Markets 9
Number of Plus! Locations 34
Largest Store 185,000 sq. ft.
Number of Own Brand Items 14,500+
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.
YEAR Total CBM Total TEUs2012 104,005 3,714 2013 63,887 2,282
H-E-B
Port of Houston Improvements Needed to Support Additional Business:
• Heavy Weight Corridor
• Cold Storage Facilities
• Cross Dock Facilities