Monday, July 26, 2010

Monday Morning One Liners...BJ's Wholesale Club for Sale?

PathmarkImage via Wikipedia


UFCW International President, Joe Hansen, was named in Supermarket News' Power 50, check out the entire story @ http://supermarketnews.com/profiles/joe-hansen-2010/

Mott's workers ran a full-page advertisement ran in the Rochester Democrat and Chronicle on Friday check out the Ad that Mott's workers here. Be sure to visit www.mottsworkers.org or www.nobadapples.org for updates and action alerts. Also call Mott’s at 1-800-426-4891 and tell them you support the Williamson workers.

BJ's Wholesale Club is officially for sale, according to reports from the New York Post
The news comes after the recent surge in the stock Leonard Green & Partners disclosed a 9.5% stake in the company on July 1st and said it would seek discussions of a possible "going-private" transaction with BJ's.

More @ The Street Insider

Minneapolis Star:(Video) Target Takes Manhattan.

A&P announced that it has appointed Sam Martin as the company's new President and Chief Executive Officer to succeed Ron Marshall, who has left the company. The company also announced fiscal 2010 first quarter results...Read their Press Release.

More @ NY Daily News: CEO Exit Slams A&P Shares:  
Shares of A&P lost more than a third of their value yesterday, plunging to their lowest levels in decades after the struggling supermarket chain reported a gaping first-quarter loss and the resignation of its CEO.


Somerville [N.J.], Still needs a Supermarket after Pathmark's leave...

The Brooklyn Paper reports that Whole Foods has cleaned their Gowanus site, but now they're not sure if they're going to build. 

More on the Gowanus-Whole Foods relationship @ Curbed.

Loblaw (Canada) said last week that the growth of nonunion competition in Canada is forcing the company’s hand in its negotiations with labor unions...The company is currently in the midst of contract talks with four locals of the UFCW covering nearly 30,000 workers...

And Gristedes owner, John Castimatidis was 'disappointed', not being invited to Chelesa Clinton's wedding...
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