Monday, December 21, 2009

Monday Morning One Liners...Penn Traffic has a new bid,

Tops Markets LLCImage via Wikipedia
Good Morning on Monday,

Walmart has appointed a new Latin America CEO.

Senator Chuck Schumer has asked GE Capital, one of the largest creditors of bankruptcy chain Penn Traffic here, to give the company more time to seek bids, according to a report Friday on Syracuse.com.

Meanwhile the Buffalo News is reporting that Tops Friendly Markets has bid over $90 Million for all of Penn Traffic's 79 stores. Syracuse.com also reported the offer...Price Chopper's latest bid was $54 Million for 22 stores.

Stop & Shop reported massive sales this weekend due to weather threats throughout the north-east, Supermarket News reported.

On Friday, the UFCW Local 1428 delivered whole frozen turkeys - with all the trimmings - to 40 severely low-income Kingsley Elementary School families as part of their Santa Day. 

The Brooklyn based, Union Market is set to open their third location today, in Cobble Hill


No more chocolate fountains, John Mackey announced he's returning to his 'health food roots'.


Governor David Patterson said NY is being "punished" with the new Health Care reform bill.




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