Price Cutter agrees to purchase Summer Fresh Supermarkets

Posted November 8, 2012 at 10:23 am

Locally and employee owned, Price Cutter Supermarkets, is pleased to announce it has entered into an agreement to acquire Summer Fresh Supermarkets.

Price Cutter, which operates 46 supermarkets in Missouri, Oklahoma and Arkansas, under numerous banners, including Price Cutter, Country Mart and Bistro Market in southwest Missouri, plans to acquire all 10 stores owned by Summer Fresh Supermarkets. These include eight Summer Fresh Supermarkets and two Save-A-Lot stores. One Save-A-Lot store is in Springfield. The remaining stores are located north and west of Springfield in the Missouri towns of Lamar, El Dorado Springs, Marshfield, Conway, Mt. Vernon, Fair Grove, Greenfield and Carl Junction. The additional Save-A-Lot is in Baxter Springs, KS.

Brent Brown and Summer Trottier, owners of Summer Fresh Supermarkets, have doubled the size of their family-owned company in the past few years, growing to these 10 stores.

“We have been extremely blessed to have had a team of great people throughout the organization to help us move our company forward over the past several years,” said Brent Brown.

Erick Taylor, President and CEO of Price Cutter Supermarkets, said, “This is a great acquisition for our local and employee owned company and we look forward to serving these communities, It is our intention to strengthen the Summer Fresh stores, leveraging our buying power to provide customers with greater product variety and better pricing, thereby enabling these stores to successfully thrive in an increasingly competitive market environment.”

“We want to thank our customers who continue to demonstrate their loyalty by shopping our stores for their family’s grocery needs. We believe where you shop matters. By choosing a locally and employee owned supermarket, shoppers know they are supporting the communities they call home and protecting valuable jobs,” Taylor said.

He continued, “We appreciate that the 300 Summer Fresh associates represent a major contributor to the work force in the communities they serve. On behalf of all our dedicated, hard-working Price Cutter associates, it is my privilege to welcome them to our organization. As owners, their efforts will not only offer personal benefits, but help ensure continued growth and success for their communities.”