H-E-B Buys Out Albertsons in Austin

H.E. Butt Grocery last week said it will buy five stores in the Austin and Round Rock, Texas, market from Albertsons LLC. Three of the locations will be converted into H-E-B stores. Two of the locations, which had already been closed by Albertsons, will not reopen, H-E-B said. The stores represent all the remaining Albertsons locations in the Austin-Round Rock market and will increase

SAN ANTONIO — H.E. Butt Grocery here last week said it will buy five stores in the Austin and Round Rock, Texas, market from Albertsons LLC.

Three of the locations will be converted into H-E-B stores. Two of the locations, which had already been closed by Albertsons, will not reopen, H-E-B said. The stores represent all the remaining Albertsons locations in the Austin-Round Rock market and will increase H-E-B's presence in that region to 45 stores.

Financial terms were

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