Wednesday, December 29, 2010

Wednesday Morning One Liners:

OAKLAND, CA - JANUARY 08:  The Wal-Mart logo i...Image by Getty Images via @daylife

Up in Thompsonville, NY, Local 342 won an election and ratified a five-year contract at Deb-El Foods, Inc.

Fairway's new warehouse will cut truck traffic, what used to be six truck deliveries a day to their store on 74th and Broadway, will now be a mere two truck stops to stock up the store.  DNAinfo has more.

The New York Times has a piece detailing that even New Yorkers who shop regularly at Wal-Mart don't want all the affects a Wal-Mart in NYC would bring. 
“I don’t believe Wal-Mart should be in the city,” Ms. Clark, 29, said. “All the local mom-and-pop stores would lose business. And it’s already congested. I mean, can you just imagine?”  Read more @NYT
In more Wal-Mart taking over the retail world news, they, along with five other companies have bought the fast growing online retail giant in China, 360buy.com.  The investment is reported to be $3.3 billion.

Private Equity Firm Leonard Green is mulling a BJ's Wholesale Club takeover, the NY Post Reports. The New York Times also commented on the possible takeover.

Supermarket News covered our meeting with NYC Mayor Bloomberg, asking NYC to help with the recently bankrupt A&P.
Supermarket News is also reporting that ShopRite is eying a major 'Albany expansion'.

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