Monday, July 6, 2020

High Point Grocery Bought by Cash Saver Owner Rick James

Posted By on Mon, Jul 6, 2020 at 10:20 AM

click to enlarge Rick James, CEO and owner of the local Castle Retail Group, chats outside High Point Grocery. - TAYLOR JAMES
  • Taylor James
  • Rick James, CEO and owner of the local Castle Retail Group, chats outside High Point Grocery.

High Point Grocery has been purchased by Rick James, CEO and owner of the local Castle Retail Group, the company behind Cash Saver grocery stores.

The High Point Terrace store closed in April because of the coronavirus virus pandemic. Longtime operator C.D. Shirley decided to sell the store.

“We are excited to continue serving the High Point Terrace neighborhood and
community in the coming weeks after minor renovations are made,” James said in a statement.

James plans to have the store cleaned, stocked, and reopened by mid-August. A company official said Monday morning no major changes will be made. James said he hopes the former High Point Grocery employees will return to work at the store.

James has a connection to the High Point Grocery form early in his career. Shirley’s father, Charles, bought the store in 1971, and James became the wholesale
representative for the store and other many others in the 1980s.
“This store is similar to the store in which I started my career," James said. “High Point Grocery is a treasure of the neighborhood, and we’re thrilled that C.D. is willing to allow us to continue its legacy,” James said.

James’ Castle Retail Group operates three Cash Saver grocery stores in the Memphis area. James has been in the grocery business for nearly 50 years, and he serves as the chairman of the Tennessee Grocers & Convenience Store Association and vice chairman for the Mid-South Food Bank.

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