AWG Said to Buy Oklahoma's United Supermarkets
Homeland Stores, a subsidiary of Associated Wholesale Grocers, has agreed to purchase the stock of United Supermarkets of Oklahoma, Altus, which operates 26 stores, according to published reports.
January 9, 2008
ELLIOT ZWIEBACH
KANSAS CITY, Kan. — Homeland Stores, a subsidiary of Associated Wholesale Grocers here, has agreed to purchase the stock of United Supermarkets of Oklahoma, Altus, which operates 26 stores, according to published reports. The deal is expected to close at the end of the month. Darryl Fitzgerald, chief executive officer of Homeland, told a local newspaper the stores will continue to operate under the United name after the transaction closes, and changes will be kept to a minimum. "We admire the job United has done and are delighted to add these stores to our organization," Fitzgerald was quoted as saying. "We are large enough to have the resources to compete in the marketplace and still small enough that we can customize our stores to serve the specific community where we operate." United Supermarkets has reportedly been operating in Oklahoma for 91 years.
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