Friday, October 22, 2010

Friday Morning One Liners: Wakefern Targets NYC, Whole Foods' Meat Elevator, A&P 2Q

Report: Wakefern Targeting NYC Food Deserts

A&P reported their 2Q results and an update to their turnaround plan.
Sales for the second quarter were $1.9 billion versus $2.1 billion in last fiscal year's second quarter. Comparable store sales decreased 6.6 percent. For the second quarter, reported loss from continuing operations was $143 million versus last year's second quarter reported loss from continuing operations of $62 million. [Press Release] [Wall-Street Journal Report]
Yesterday, Activists against the proposed Wal-Mart in Brooklyn rallied at Borough Hall.

Sneak Peak @ Sayville's new Stop & Shop [Patch]

Whole Foods and their Meat Elevator has caused their customers to become aghast. Last week, a tipster sent The Gothamist a photo taken in a service elevator at the Union Square Whole Foods, where "cooked, prepared turkey breasts were being carted upstairs along side filthy garbage cans and employees with dirty dustbins."

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