Ridley’s Family Markets to acquire Terrel’s Markets; six Utah stores to rebrand by April

JEROME, Idaho—Ridley’s Family Markets, a grocery chain headquartered in Jerome, Idaho, which owns about 30 supermarkets in Colorado, Idaho, Montana, Nevada and Wyoming, has announced plans to acquire Utah-based Terrel’s Markets in a deal expected to close around the first week of April 2026.

Under the agreement, all six Terrel’s-owned markets, now located in Fillmore, Gunnison, Mt. Pleasant, Nephi, Payson and Santaquin, will be rebranded as Ridley’s Family Markets or Macey’s, a brand also linked with Ridley’s.

Here in Sanpete, this means both Terrel’s Market in Mt. Pleasant and Gunnison Market, which is one of the Terrel’s stores, will be included in the acquisition.

Ridley representatives said the transition will emphasize continuity for employees, customers and the communities the stores serve.

Ridley’s Family Markets was founded in 1984 when Jerry and Connie Ridley opened an 11,000-square-foot grocery store in Payson. Over the past four decades the company has expanded into a family-owned chain employing more than 2,000 people. Its stores typically offer traditional grocery departments including bakery, deli, produce, meat and pharmacy services.

Scott Hymas, president and CEO of Terrel’s Markets, said Ridley’s shares “our values, our commitment to service and our belief that grocery stores should play a meaningful role in their communities,” and expressed confidence that team members and customers will be “well served as Ridley’s continues the legacy of Terrel’s.”

Anita Ridley, chairperson of Ridley’s Family Markets’ board of directors, called the deal “more than a business transaction,” noting the companies’ shared focus on family values, kindness and community involvement. She said Ridley’s looks forward to “growing together” with the teams of the acquired stores.

Ridley representatives said details on store branding, operations and the transition timeline will be shared with employees and customers as the closing date nears.

Local reaction to the announcement on social media shows a mix of nostalgia for the Terrel’s name and concern about potential changes to product offerings, such as deli products and baked goods.

One commenter wrote “RIP donuts,” while another urged Ridley to keep beloved deli items like tater tots and Terrel’s tartar sauce. Others noted their intent to continue referring to the stores by Terrel’s name regardless of branding.