SPRINGFIELD, Mo. -- RPCS, parent company of Ramey, Price Cutter and Smitty's supermarkets here, is hoping that its new status as an employee-owned company will help it reduce waste and boost customer service. The 32-store chain became 100% employee-owned on Jan. 1 when it was acquired from Roswil, the Washington, D.C.-based investment company that had owned it since 1967, and adopted an employee stock-ownership plan, or ESOP, that gave associates a stake in the company. Erick Taylor, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.