Friday, March 5, 2010

Friday Morning One Liners: New England Updates, Bay Ridge Key Food opening date

Boston Globe reports: Union leaders involved in contract talks with Quincy-based Stop & Shop have issued 24-hour notices to end the collective bargaining agreement, which could trigger a strike if an agreement isn't reached by noon Friday.

Boston Herald: Nearly 40,000 Stop & Shop meat-cutters, cashiers and other workers could go on strike as soon as noon today in Massachusetts, Connecticut and Rhode Island.

Providence Journal: Contract talks between Stop & Shop and its workers are snagged, and union representatives said Thursday they will terminate their contract Friday at noon.

Tell Stop & Shop that if workers' are forced to strike, they'll lose my business. [Facebook]

Price Chopper has agreed to acquire six P&C supermarkets from Tops Friendly Markets, Tops said Thursday.

The Shaw's grocery store chain, which is selling all of its Connecticut locations, says it will cut 967 jobs at those stores.

Stop & Shop post Q4 Gains: Ahold announced fourth-quarter operating income at the company’s Quincy, Mass.-based Stop & Shop/Giant-Landover division rose 15%, to $238 million, and full-year operating income at the division rose 24%, to $869 million. As previously reported, sales for the year were up 4.6% at the division, to $17.9 billion, including an extra week of sales in the most recent fiscal year. Adjusted sales rose 2.6%.

Protesters in Chicago rally against Walmart's sick-day practice.  “Wal-Mart would rather have their employees come in even though they are very sick,” said Moises Zavala, “just for the sake of stretching their profits

A new Bay Ridge Key Food is set to open up on Thursday, March 11, 2010. 

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