Rouses Grows Again With 3-Store Franks Acquisition

In the latest display of its ongoing expansion, Thibodaux, La.-based Rouses Markets has acquired three of four Frank’s Supermarkets locations from the LeBoeuf family.

Rouses is acquiring Frank's stores in Golden Meadow, Larose and Lockport, La., the latter two of which will be converted to the Rouses banner by late January. Rouses will purchase the inventory of Frank’s Lockport, La., store, and said it plans to close the store Dec. 15 because of its proximity to an existing Rouses Market. Frank’s owners will retain its store in Des Allemands, La.

David LeBoeuf, owner and president of Frank’s Supermarkets, revealed the decision to sell three of his family’s stores to another local family grocer last week on social media, and said the decision was based on Rouses’ dedication “to their employees, customers and the neighborhoods they serve. Their model of doing business aligns with our values. I am proud of what we have built over the years and are have total confidence that Rouses will continue to serve these communities well.”

Rouses, which employs approximately 6,500 associates, plans to hire the 110 employees of its three newly acquired Frank’s stores.

Donny Rouse, president and CEO of Rouses, the Gulf Coast's largest privately held regional retailer, pledged that his company will “take great care of these stores and their customers. I’m excited to welcome Frank’s associates. I know they will appreciate the commitment we make to our team members and the communities we serve.”

Related:1-on-1 With Donny Rouse, CEO of Rouses Markets

Rouses Markets, which has stores in Louisiana, along the Mississippi Gulf Coast and in lower Alabama, opened its 58th location in late September in Covington, La. The regional grocery chain has new stores in the pipeline in New Iberia, La., and Daphne, Ala., which will open in the first part of 2019.