Thursday, November 13, 2008

Tesco expansion, A&P Stock falls, Willets Point & More One Liners...

Willets Point Rally - Pro Development SideImage via Wikipedia

Tesco is slowing its U.S. expansion plans for Neighborhood Market, Simon Uwins, the company’s chief marketing officer, told SN yesterday.
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Stock in A&P here, on a free-fall since the summer, tumbled by more than 26% on Wednesday to close at its lowest levels in more than five years.
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Internet grocer FreshDirect here on Wednesday said it launched “Thanksgiving Central,” an online destination where shoppers can purchase all of the components of a Thanksgiving dinner with a single click, or a prepared heat-and-serve Thanksgiving meal at prices as low as $20 per person.
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Long Island is barely avoiding a recession.

Steve Levy is getting criticism for not being assertive in the recent murder of a 16 year old.

Two of the leading opponents of the Willets Point redevelopment project in Queens came out in favor of the plan on Wednesday, after they reached a critical deal with the city over the number of homes for low-income families that will be built at the site.

Wal-Mart Stores Inc. reported a 10 percent increase in third-quarter profit Thursday but trimmed its profit outlook because of the troubled global economy and the renewed strength of the dollar.

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