Written by The Business Journal Staff
Real estate records show the Chinese-Vietnamese-American grocery chain began leasing 58,000-square-feet of space at 4970 E. Kings Canyon Ave. from Stephen Investments, Inc. last summer, with construction permits pulled for the property in December 2015.
The supermarket is located between Dollar Tree and Ross near the southwest corner of Kings Canyon and Willow avenues in southeast Fresno in an old Food Maxx location.
Founded in 1993 by Chinese-Vietnamese entrepreneur and seafood wholesaler Hieu Tran, the rapidly growing Asian supermarket chain has since added a dozen locations throughout Southern and Northern California.
Most California stores are clustered in the Los Angeles market, but Shun Fat has also recently spread across the southwest, opening a superstore in Texas and two supermarkets in Las Vegas.
According to its website, the chain carries a wide range of imported grocery items from China, Taiwan, Japan, Thailand and Vietnam.
“Going above and beyond the departments found in many of our competitors’ stores, we distinguish ourselves by carrying varieties of fruit and produce from the four corners of the globe, a large selection of fresh, frozen and live seafood, and a full line of Asian, American and Hispanic groceries,” the site reads.
The company’s name, Shun Fat is described as being a transcription of Cantonese and Vietnamese phrases that both mean a favorable distribution of wealth.