After 60 years of history as an Oklahoma-based grocery chain, Reasor’s announced Monday its 17 Oklahoma stores would be acquired by Berkshire Grocery Co.
The plan is for Reasor’s to retain its name for the Oklahoma stores in spite of the change in ownership.
“We are pleased to have secured a strong grocery retailer in Brookshire Grocery Company, who shares our focus on customers and values their employees. We are confident that these stores will experience continued success as a part of BGC,” said Jeff Reasor, CEO of Reasor’s.
“Reasor’s and BGC are working closely together to ensure a smooth transition for employees in these stores. We are excited that the employees will have opportunities to grow in their careers in these stores and throughout the company.
“We would like to thank our loyal customers who have faithfully supported Reasor’s for close to 60 years, as well as our employees for their commitment to serving our customers.”
“We are so incredibly excited to welcome Reasor’s employees, customers and communities, that these 17 stores serve, into our BGC family,” Brad Brookshire, chairman and CEO of Brookshire Grocery Co., said in a statement.
“Reasor’s is a perfect fit for Brookshire Grocery Company. Our company culture and values are the same. We’re a family business that started with my grandparents opening our first small store in Tyler, Texas, more than 93 years ago.
“We are dedicated to embracing our Reasor’s employee-partners and offering the best service to the Oklahoma community. Our company’s mission is to create and deliver exceptional experiences and value to our customers through our core values of excellent service, integrity and doing our best every day.”
The transaction is expected to close in the first quarter of 2022.
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After closing its Elm Place location in April 2019, Reasor’s had only one location on Kenosha Street but broke ground this summer on a new store at the Aspen Ridge development.
Mayor Debra Wimpee said Monday in an online post that the new Reasor’s store is expected to continue going forward, as contracts have been signed and construction is under way.
BGC is a regional family-owned grocery business that operates more than 200 stores in four states – Texas, Louisiana, Arkansas and now, Oklahoma – with three distribution centers. The company proudly employs more than 19,000 individuals and was recognized as a Great Place to Work for 2020 and 2021.
Founded in Tahlequah in 1963, Reasor’s has convenience stores in addition to its grocery locations, which number six in Tulsa. The company employs more than 2,000 people in northeastern Oklahoma
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