Homeland Parent Buys 5 Williams Stores
The parent company of the Homeland Stores chain on Friday said it has agreed to acquire five Williams supermarkets from Williams Discount Foods.
November 17, 2008
OKLAHOMA CITY — The parent company of the Homeland Stores chain here on Friday said it has agreed to acquire five Williams supermarkets in this market from Williams Discount Foods, also based here. Terms were not disclosed.
Homeland’s parent, HAC Inc., said the five stores are among the six former Albertsons locations that Williams had acquired last year. Albertsons in June 2007 agreed to sell 23 Oklahoma locations to four different customers of Associated Wholesale Grocers, Kansas City, Kan.
Jeff Williams, president and co-owner of the Williams chain, told SN on Friday the stores were performing well and “improving every quarter” — but management at Williams wanted to “improve their quality of life, and get back to the way things were before” the acquisition of the Albertsons stores. He said Williams will continue to operate nine locations, including one of the former Albertsons stores that is not being sold.
HAC said it would operate 76 stores in Oklahoma and one in Kansas when the purchase is completed.
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