Monday, November 7, 2011

Monday Mornin' One Liners: Nov 4 - Nov 7th: Burkle to Chair A&P


Ron Burkle will chair A&P under the new buyout plan.
The proposed new board of directors would also include two designees each from Goldman Sachs Asset Management and Mount Kellett Capital Management; one director selected by the United Food and Commercial Workers union; and A&P’s chief executive officer, Sam Martin. The former two companies are combining with Yucaipa on a $490 million deal to buy A&P out of U.S. Bankruptcy Court and operate it as a privately held company, as reported first in SN Thursday. The plan is predicated upon savings as a result of a new labor deal with the UFCW, which has yet to be reached.
Read more:
The Bergen Record: A&P Deal Called Positive for Unions, Business.

Wall Street Journal: Yucaipa keeps A&P in its Grocery Basket.

More @ Reuters, Progressive Grocer.

The Westbury Times profiles a Local 338 member working at Waldbaum's and how the A&P bankruptcy is affecting workers.

Patch highlights how A&P's negotiations have been affecting local workers in Long Island.

Best Yet will take over for a shuttered Waldbaum's in Patchogue, Long Island.

The National Labor Relations Board accuses Target of intimidating workers at Valley Stream before their union vote this past June.

There's a Thanksgiving Food Drive at Dix Hills Stop & Shop.

King Kullen opened a new store Friday in Garden City, Long Island.

Rumors of a new "high-end" supermarket could be opening in Southampton.

30 workers at Master Food in Flatbush have been overworked and underpaid, Local 338 helped them win back wages and a union contract!
Workers at a Flatbush supermarket who charged they were illegally stiffed on their wages for years settled a lawsuit for $300,000 - and a union contract.
The 30 workers at Master Food on Church Ave. charged they worked 12 hour days, six or seven days a week, for as little as $3.93 an hour, and never got required overtime pay. Read more: @ Daily News

Prioritizing attacks on NLRB at the expense of Jobs:
According to a new report from American Rights at Work in 2011 alone Republicans have launched nearly 50 attacks on the National Labor Relations Board. 

The AFL-CIO says it right: "The assaults on workers’ rights comes at a time when most Americans say jobs are the nation’s No. 1 priority."

Check out the report along with some interesting graphics here.

AFL-CIO Blog: For the third time in a month, senate repbulicans kill "Rebuild America Act," an act which would create hundreds of thousands of jobs.

The AFL-CIO Blog also lists Verizon and 29 other very large corporations who haven't paid taxes since 2007.

Unions supply food for thousands of Occupy Oakland protesters.

UFCW Blog: 80,000 Jobs aren't enough to re-start our economy.

No comments: