Friday, January 8, 2010

Friday Lunch Time One Liners...Tops offer to Penn Traffic accepted...

The construction of the new Fairway in Douglaston, Queens will begin May 1, 2010.

The Buffalo News is reporing that the Tops bid to purchase Penn Traffic's 79 supermarkets, has been agreed upon, the deal is reported to be for $85 Million. A hearing is set for 2 p.m. today at which the judge could possibly award a winning bid.  Read more at the Buffalo News.

Staten Island Live: Ode to supermarkets when local produce ends.

Meanwhile the Watertown Daily News is reporting that Penn Traffic Co. backed off its plan to seek approval today to liquidate many of its assets after objections were raised by U.S. Sen. Charles E. Schumer and the nation's second-largest food wholesaler.

UFCW Local 789 and Wal-Mart settle anti-union charge
Wal-Mart Stores Inc. has settled charges lodged by a St. Paul-area union last summer that the giant discounter threatened to fire a worker at its Hastings store over his union activity.  Under the settlement agreement, Arkansas-based Wal-Mart has agreed to prominently post notice for 60 days inside the Hastings store that it promises not to frustrate or threaten to terminate workers in engaging in union activities, including the right to form or join a labor group. Wal-Mart has also agreed not to solicit employee grievances as a way to discourage workers from exercising their union rights. 

WakeupWalmart Blog: What does Walmart do with clothes it can't sell? Apparently at one store, they throw them out. And they don't just stick them in a bag so the next person who comes by might do with them what they want, they punch holes in them with a machine to ensure that no one can use them again.

New York City Council re-elects Christine Quinn as speaker. 

Recovery? 85,000 jobs lost in December.


And Wegmans is preparing to invade the capital region. 
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