Tuesday, August 5, 2008

Whole Foods changes approach, Wal-Mart in China, Tuesday Morning One Liners....

Whole Foods tries to change their image and remove the stereo-type 'Whole Pay Check' in these harsh economic times.

Whole Foods struggles in the UK: The company behind London's largest organic supermarket has suffered a £10m loss in the store's first year, as cash-strapped shoppers start to turn away from expensive food.

Wal-Mart to sign collective contracts at all China stores.

As we reported yesterday, Gourmet grocer Balducci's here yesterday said it has sealed an agreement with a real estate developer in Dubai to open multiple locations in that United Arab Emirates city.
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Shaw's said workers represented by United Food and Commercial Workers Local 791 have ratified a new, five-year contract covering 5,500 employees at 38 stores in southern Massachusetts and Rhode Island and the Shaw's distribution center in Wells, Maine.
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On the recent contract Local 791 spokesman Peter Derouen said. "We were able to get rid of the bonuses and get general wage increases for everyone,” he said. “The company had really been pushing to freeze the pension plan and then introduce a 401(k) plan, which we were able to fight off.”

Must Read:

Verizon Communications' union workers stayed on the job yesterday as their leaders continued to meet with management to hammer out remaining sticking points and avoid a threatened strike.

More on Eli Zabar and his new farm.


1 comment:

Anonymous said...

Here's an interesting story about a What if; What if Tesco were to acquire Whole Foods.

Retail Analysis Memo: Growth and A Tale of Two Retailers-Tesco and Whole Foods Market: Is One Ripe For Acquisition and the Other Ripe For Acquiring?