Marianos, a chain of Mexican-American Supermarkets, is owned by Kroger. The chain has over 160 stores across the United States.
Marianos is a popular choice for Hispanic shoppers, and the Supermarkets offer a variety of ethnic foods, including some items not found at other Kroger stores.
In 2016, Marianos became the first Hispanic-owned supermarket to be acquired by Kroger. The deal was valued at $575 million.
The chain has been a success under Kroger’s ownership, with same-store sales rising in both 2017 and 2018. Marianos is now the fifth-largest Hispanic-owned supermarket chain in the United States.
The acquisition is a reflection of Kroger’s commitment to growing its Hispanic business. The company has made a concerted effort to expand its Hispanic customer base, and it has seen success with this strategy.
Kroger is now the leading grocer in the Hispanic market, and it is looking to continue to grow this market share.