H-E-B Announces It Leads Texas as the State's Largest Private Employer
SAN ANTONIO, TX – H-E-B seems to have hinged its secret for consumer success on continuing to boost its market presence. And, as its reach continues to spread, the chain has asserted itself into one more position; the company announced on Tuesday that it is now the largest privately-held employer in Texas.
"This milestone represents our deep commitment to improving the lives of Texans and their families, and creating a work environment that brings the spirit of community to life every day while encouraging innovation, engagement, and success," said Craig Boyan, President and COO. "It takes great people to build a great company, and we look forward to providing even more Texans with meaningful career opportunities that bring new experiences, growth, and lifelong connections at H‑E‑B."
Referring to its employee population as its Partner, the company stated in a press release that it now has over 100,000 associates throughout Texas and Mexico. In Texas markets alone, the retailer holds over 90,000 Partners in its 332 stores.
H-E-B specifically noted that it has been investing into the state of Texas since the economic slowdown of 2008, since creating more than 24,000 jobs. This focus further emphasizes the chain's commitment to its markets, in addition to allowing efficient and friendly service, quality products, and low prices.
This news also comes on the anniversary of the company’s Partner Stock Plan, which further rewards H-E-B Partners for their hard work, dedication, and loyalty.
"In business and in life, people matter most," said Tina James, Senior Vice President for Human Resources for H‑E‑B. "Though simple, this philosophy has shaped H‑E‑B for 112 years. It's why we call our employees Partners–because we work together to achieve success and create a strong sense of pride within our stores and throughout the more than 300 communities we serve."
Forbes listed H-E-B as #13 on its list of America’s Largest Private Companies, however The Statesman speculated that the retailer could potentially break into the top 10 on the noted list if it continues to gain new Partners at a rate similar to last year.
Even more growth is on the docket for H-E-B as 2017 continues. The company plans to add nine new stores in Texas, with six more planned for Mexico.
How will this strategy further affect H-E-B's buy-side status? AndNowUKnow will report.