Payson, UT — February 2nd 2026 —
Ridley’s Family Markets, a family-owned grocery retailer with locations across the Intermountain West, announced today that it has entered into an agreement to acquire Terrels Markets. The transaction is expected to be completed on or near the first week of April 2026.
The acquisition brings together two respected, community-focused retail organizations that share deep roots in family ownership, customer service, and local involvement. As part of the transaction, all six of Terrels Markets locations will transition to either the Ridley’s Family Markets and the Macey’s banner over time, with a focus on continuity for employees, customers, and communities.
“This decision was made with great care and a strong sense of responsibility to our employees and the communities we serve,” said Scott Hymas, President and CEO of Terrels Markets . “Ridley’s Family Markets shares our values, our commitment to service, and our belief that grocery stores should play a meaningful role in their communities. We are confident that our team members and customers will be well served as Ridley’s continues the legacy of Terrels.”
Ridley’s Family Markets was founded when Jerry and Connie Ridley opened their first store in Payson, Utah. The acquisition is particularly meaningful as one of Terrel’s locations is in Payson Utah, bringing the Ridley family’s grocery roots full circle back to where the company began.
“We have tremendous respect for the Seely family, the Terrels organization, and the outstanding teams who serve customers every day,” said Anita Ridley, Chairperson of the Board of Ridley’s Family Markets . “This is more than a business transaction — it is the joining of two companies built on family values, kindness, and community involvement. We are honored to welcome Terrels team members into the Ridley’s Family Markets family and look forward to growing together. The Seely and Ridey’s families have known each other, respected each other, and worked together for many years and we are humbled by the trust and respect that the Seely family have shown in allowing us to carry on their legacy in these communities.”
Ridley’s Family Markets is known for its strong emphasis on clean, welcoming stores; competitive value for customers; and deep community involvement. The company places a particular focus on hunger relief, youth activities, and charitable giving, often serving as a leading contributor in the towns it operates.
As part of the transition, Ridley’s leadership has emphasized a commitment to supporting employees and maintaining the customer service standards both companies are known for. Additional details regarding store branding, operations, and timelines will be shared with employees and customers as the transition approaches.
“We are grateful for the trust placed in us by the Seely family. The Ridley and Seely families have known each other, respected each other, and been friends for many years” Anita added. “Continuing their legacy through the stores, the teams, and the communities they have served so well is something we take very seriously.”
About Ridley’s Family Markets Ridley’s Family Markets is a family-owned retailer serving communities throughout the Intermountain West. Founded in Payson, Utah, the company is guided by core principles of kindness, community involvement, customer value, and operational excellence.
About Terrels Markets Terrels Markets is a community-focused grocery company known for its commitment to customer service, quality, and local involvement. They operate six supermarkets in Fillmore, Gunnison, Mount Pleasant, Nephi, Payson, and Santaquin Utah. For decades, Terrels has served its communities with pride and dedication.