What does H-E-B mean in Business?

H-E-B

HEB Grocery Company, LP, also known as H-E-B Grocery Stores, is a privately held supermarket chain based in San Antonio, Texas, with more than 350 stores throughout the U.S. state of Texas, as well as in northern Mexico. The company also operates Central Market, an upscale organic and fine foods retailer. As of 2013, the company has a total revenue surpassing $20 billion USD. H-E-B ranked No. 15 on Forbes' 2014 list of "America's Largest Private Companies." H-E-B was named Retailer of the Year in 2010 by Progressive Grocer. Supermarket News ranked H-E-B No. 13 in the 2008 "Top 75 North American Food Retailers." Based on 2010 revenues, H-E-B is the twenty-fifth largest retailer in the United States. It donates 5 percent of pre-tax profits to charity. It has been labeled a religious company; until 1976 it was closed on Sundays and did not sell alcohol.

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