LUBBOCK, Texas–(BUSINESS WIRE)–The Institute for Family Business at Baylor University today recognized United Supermarkets as the Texas Family Business of the Year in the Large Business category at the 20th annual Texas Family Business of the Year awards banquet at Baylor Universitys Bill Daniel Student Center in Waco, Texas.
United Supermarkets was selected for its ownership familys demonstration of commitment to each other and business continuity, as well as its responsiveness to the needs of United Team Members, local communities and supporting industries.
At United we have always tried to adhere to my great-grandfathers philosophy of ultimate service, community involvement and treating our team members as family. So its a great honor to be recognized by an organization that values those qualities as much as we do, said Gantt Bumstead, co-president of United Supermarkets, LLC, and great-grandson of company founder H.D. Snell.
United Supermarkets has remained in the Snell family business since its beginning in 1916 in Sayre, Okla., and is now in its fourth generation of ownership. The company was among 20 award-winning businesses from South, Central and North Texas to be honored at the banquet.
Starting, owning and operating a family business is the foundation of the American dream, said J. David Allen, director of the John F. Baugh Center for Entrepreneurship at Baylors Hankamer School of Business. It is our privilege to honor the dedicated, hard-working risk-takers in the state of Texas who contribute so much to our economic and social well being.
United Supermarkets is noted for offering its team members financial assistance for higher education through its popular College Savings Plan, as well as its charitable activities in all 30 markets it serves. The companys annual Jacky Pierce Charity Classic golf tournament this year raised more than $150,000 for the 14 United Way organizations serving the United Supermarkets trade area.
Source: United Supermarkets, LLC