HOUSTON -- Randalls Food Markets here has entered a new phase of its corporate life. Having evolved from a small family-owned business to a major local chain and then having acquired the Tom Thumb operation in Dallas to become a major regional player, Randalls took on an investment partner last year to provide it with sufficient funding to continue to grow. With New York-based Kohlberg Kravis Roberts & Co. as its financial partner and majority owner, Randalls now has greater access to ...

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