Showing posts with label Buffalo News. Show all posts
Showing posts with label Buffalo News. Show all posts

Friday, January 8, 2010

Friday Lunch Time One Liners...Tops offer to Penn Traffic accepted...

The construction of the new Fairway in Douglaston, Queens will begin May 1, 2010.

The Buffalo News is reporing that the Tops bid to purchase Penn Traffic's 79 supermarkets, has been agreed upon, the deal is reported to be for $85 Million. A hearing is set for 2 p.m. today at which the judge could possibly award a winning bid.  Read more at the Buffalo News.

Staten Island Live: Ode to supermarkets when local produce ends.

Meanwhile the Watertown Daily News is reporting that Penn Traffic Co. backed off its plan to seek approval today to liquidate many of its assets after objections were raised by U.S. Sen. Charles E. Schumer and the nation's second-largest food wholesaler.

UFCW Local 789 and Wal-Mart settle anti-union charge
Wal-Mart Stores Inc. has settled charges lodged by a St. Paul-area union last summer that the giant discounter threatened to fire a worker at its Hastings store over his union activity.  Under the settlement agreement, Arkansas-based Wal-Mart has agreed to prominently post notice for 60 days inside the Hastings store that it promises not to frustrate or threaten to terminate workers in engaging in union activities, including the right to form or join a labor group. Wal-Mart has also agreed not to solicit employee grievances as a way to discourage workers from exercising their union rights. 

WakeupWalmart Blog: What does Walmart do with clothes it can't sell? Apparently at one store, they throw them out. And they don't just stick them in a bag so the next person who comes by might do with them what they want, they punch holes in them with a machine to ensure that no one can use them again.

New York City Council re-elects Christine Quinn as speaker. 

Recovery? 85,000 jobs lost in December.


And Wegmans is preparing to invade the capital region. 
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Monday, December 21, 2009

Monday Morning One Liners...Penn Traffic has a new bid,

Tops Markets LLCImage via Wikipedia
Good Morning on Monday,

Walmart has appointed a new Latin America CEO.

Senator Chuck Schumer has asked GE Capital, one of the largest creditors of bankruptcy chain Penn Traffic here, to give the company more time to seek bids, according to a report Friday on Syracuse.com.

Meanwhile the Buffalo News is reporting that Tops Friendly Markets has bid over $90 Million for all of Penn Traffic's 79 stores. Syracuse.com also reported the offer...Price Chopper's latest bid was $54 Million for 22 stores.

Stop & Shop reported massive sales this weekend due to weather threats throughout the north-east, Supermarket News reported.

On Friday, the UFCW Local 1428 delivered whole frozen turkeys - with all the trimmings - to 40 severely low-income Kingsley Elementary School families as part of their Santa Day. 

The Brooklyn based, Union Market is set to open their third location today, in Cobble Hill. 


No more chocolate fountains, John Mackey announced he's returning to his 'health food roots'.


Governor David Patterson said NY is being "punished" with the new Health Care reform bill.




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