Friday, November 4, 2011

Nov. 4: Week's End News

SN: A&P Agrees to Deal to Emerge from Bankruptcy

A&P Receives $490 Million Commitment to Sponsor Plan of Reorganization:
Agreement with The Yucaipa Companies, Mount Kellett and Investment Funds Managed by Goldman Sachs Asset Management Positions A&P to Exit Chapter 11 as a Private Company in Early 2012Here's A&P's Press Release.

Since the announcement, the UFCW A&P Negotiating team has released two statements, the first here and second here.

Workers at Bob's Discount Furniture Stores continue to organize throughout the Northeast.

The landlord of a Pathmark in Lackawanna is telling Pathmark, "shape up, or ship out!" Blaming A&P's old un-renovated Pathmark for the shopping center's demise.

Southhampton Village has drafted a new law altering zoning regulations for supermarkets, in order to allow King Kullen to build a new store.

Fresh & Easy debuts an express store format.

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