Albertsons to spend $100 million in Oklahoma

Thursday, August 1st 2002, 12:00 am
By: News On 6

(Oklahoma City-AP) -- Albertsons says it will spend 100 million dollars in the next four years to build and renovate Oklahoma stores.

Albertsons representatives wouldn't say how many stores will be built. But grocery industry experts estimated Albertsons could built 13 to 18 stores with that amount of money.

Albertsons representatives made the announcement Wednesday at a groundbreaking ceremony for a 57 thousand square-foot grocery in Tulsa.

The store is expected to be completed next spring and employ more than 100 people.