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RPCS Inc. purchases 12 stores in Oklahoma

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RPCS Inc., operator of Price Cutter, Ramey’s and Smitty’s grocery stores, has reached an agreement to purchase nine Albertsons grocery stores and three convenience stores in the Tulsa, Okla. area.

The company will take possession of the first site July 23, according to a news release; terms of the deal were not disclosed.

“We felt the Tulsa market was a great market with the potential for growth,” said RPCS executive Rob Marsh. “We’re currently in the process of interviewing all Albertsons employees who are interested in working with us.”

RPCS Inc. currently employs about 1,800, and about 1,000 additional employees are expected to be added with the new locations.

Albertsons is selling a total of 23 stores in Oklahoma to independent chains that are members of the Associated Wholesale Grocers cooperative.

The purchase is the first expansion into Oklahoma for RPCS Inc., which operates 33 grocery stores in southwest Missouri and one in northwest Arkansas. It’s not, however, the first purchase of stores with the Albertsons brand; in 2002, the company announced the purchase of eight Albertsons in Springfield, Joplin, Nixa and Waynesville.

Those stores, originally Smitty’s grocery stores, were owned by the Trottier family, which now owns and operates Summer Fresh Supermarkets.

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