Quote of the week:
"Wal-Mart put my store out of business, so I had to get a job at Wal-Mart," the man says. "Thanks to Wal-Mart, I can now only afford to shop at Wal-Mart. Enjoy shopping at Wal-Mart."
New Yorkers are getting
priced out of Grocery Stores:
Over the last six years, researchers report, the number of supermarkets in New York has shrunk by a third. Three of the city's top food chains -- D'Agostino, Gristedes, and Key Food -- "have each closed about a dozen stores since 2000."
The shutdown of
Long Island's only Food Emporium, an upscale supermarket in upscale Great Neck, has upset some village residents, including the mayor, who says the company never gave him a straight answer about the closure.
After 13 years of planning, compromise and patience, the Pathmark fund was finally given out to southeast Queens business owners at a special meeting in Laurelton Tuesday. City Councilman James Sanders (D-Laurelton)
personally distributed the nearly $72,000 in grant money to 14 small businesses at his district office. The grants, which are part of a $400,000 account set aside by the owners of the Pathmark supermarket on Merrick Boulevard and Springfield Boulevard, will be used to help the businesses improve the exterior looks of their stories and offices
Delhaize Group said yesterday that it took an impairment charge of $18.6 million for the value of 25 Sweetbay stores, indicating those locations are not meeting financial projections.
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As Ahold continues to reduce pricing and inventory levels at two of its U.S. chains, it is gaining an edge in dealing with vendors, Lawrence Benjamin, president and chief operating officer of the U.S. operations, said yesterday.
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Village Super Market in NJ, which operates 25 ShopRite stores in New Jersey, this week said it expects same-store sales in the current quarter to be impacted by "cautious" behavior on the part of consumers.
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Albertsons kicked off its Healthy Eaters field trip program in California yesterday. Children in kindergarten through fourth grade are eligible for the tours, designed to develop healthy eating habits.
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Daily News (Albor Ruiz Column): Food workers fed up with Goldman Sachs : Hundreds of people who work at the cafeterias of many of Wall Street's largest investment banks staged a rally Wednesday in front of Goldman Sachs. All of them are employed by Aramark
Politics
The AFL-CIO's leaders on Wednesday found a presidential candidate they can agree to focus on: Sen. John McCain. The nation's largest labor federation announced at its executive council meeting in San Diego that it would continue to remain neutral in the Democratic race between Sens. Hillary Rodham Clinton and Barack Obama, but would begin training its political resources on McCain, the presumptive GOP nominee.
Obama adviser Samantha Power called Hillary Clinton a “monster,” then apologized, while the campaign denounced her statement.
Puerto Rico moved its primary to June 1.
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