Tuesday, July 22, 2008

Tuesday Morning One Liners...

Sheepshead Bay Shopping center has been sold for $24 Million, the rent there is about $32.00 a square foot.

With the integration of Pathmark essentially complete, the Great Atlantic & Pacific Tea Co. will ramp up the conversion of its stores to its Price Impact format, which emphasizes value, and its Fresh format, executives said at the company’s first-quarter conference call.

Whole Foods Market has implemented enhanced farmed seafood standards for all farmed seafood sold at the company's 270 stores in the US, Canada and the UK.

In a complex deal that has left some local residents suspicious and upset, the East Hampton Town Board and Peconic Land Trust signed a deal to purchase development rights to the Amagansett Farmers’ Market which allows Eli Zabar to open shop there for the next three years.

The coalition pushing a pair of pro-union ballot initiatives in Colorado said Monday that it will probably file signatures for one of the measures with the secretary of state's office by the end of this week

A new grocery store from the owners of the Amish Market, called Food Cellar, will open in one month on 47th Avenue, joining a new Duane Reade opening around the corner on 5th Street and 48th Avenue.

A&P here saw its stock fall by more than 25% Friday after reporting quarterly earnings and margin performance that fell short of market expectations despite strong sales figures.
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A mislabeled medication by Wal-Mart has put a teen into a coma.

The New York Times picked up the Zabar's Amanganesett Farmers Market story.

Gristedes continues to receive press from hosting an event for the show 'Project Runway'


Shares of Delhaize here plunged 8.6% in European trading on Friday after the company said its sales and profit growth would be weaker than expected this year.
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Whole Foods Markets will role out nationally a line of 13 environmentally friendly toys in October, according to reports.
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Policy/ Development

A report released Friday by a commission convened by the Alliance for Healthy and Responsible Grocery Stores, called on Los Angeles city leaders to take the lead in fixing how the grocery industry addresses underserved and affluent communities.

The anti-Willets Point alliance is growing [Queens Crap]

Politics

In November, the lines at voting booths on Staten Island will have a new look, with record numbers of Muslims and other newly registered residents from diverse ethnic groups casting ballots in some of the most crucial local and national races in decades.

At his first news conference as senate majority leader, Dean Skelos says he’ll work to pass a property tax cap.

Long Island republican rumors regarding the 2010 Governor race.

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