Showing posts with label Chief executive officer. Show all posts
Showing posts with label Chief executive officer. Show all posts

Friday, August 13, 2010

Friday Morning One Liners....Burkle & Barnes and Noble, Re-Invention of Fresh Direct

The "Food Basics" brand is now available in the aisles of Pathmark stores. “This economy has definitely affected our customers’ shopping budgets. The new Food Basics and Home Basics brands will allow our shoppers to buy all their household necessities for much less than national brands,” Sam Martin, chief executive officer of A&P, said in a statement Thursday.  [Press Release]

Crain's NY Business: Ron Burkle and Barnes & Noble:

Barnes & Noble said Thursday it has not reached a settlement with financier Ron Burkle's Yucaipa Cos. after news reports the companies were close to a deal. Mr. Burkle, who owns a 19% stake in the bookseller, is suing the company in an effort to expand his stake without triggering a poison pill plan.
Trader Joe's is rumored to be coming to Staten Island, the Staten Island Advance wonders if this is a welcomed or unwanted addition to the community..
Fresh Direct, a Re-Invention after Crisis...[NY Times] Surviving a major crisis — an immigration audit that decimated the company’s work force — at a time when the company was hemorrhaging money and alienating customers because its basic business model was not working...
NY Times: State Officials Skeptical of Willets Point Project
And guess what New Yorkers, you'll be voting on Term Limits again this November.
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Monday, July 26, 2010

Monday Morning One Liners...BJ's Wholesale Club for Sale?

PathmarkImage via Wikipedia


UFCW International President, Joe Hansen, was named in Supermarket News' Power 50, check out the entire story @ http://supermarketnews.com/profiles/joe-hansen-2010/

Mott's workers ran a full-page advertisement ran in the Rochester Democrat and Chronicle on Friday check out the Ad that Mott's workers here. Be sure to visit www.mottsworkers.org or www.nobadapples.org for updates and action alerts. Also call Mott’s at 1-800-426-4891 and tell them you support the Williamson workers.

BJ's Wholesale Club is officially for sale, according to reports from the New York Post
The news comes after the recent surge in the stock Leonard Green & Partners disclosed a 9.5% stake in the company on July 1st and said it would seek discussions of a possible "going-private" transaction with BJ's.

More @ The Street Insider

Minneapolis Star:(Video) Target Takes Manhattan.

A&P announced that it has appointed Sam Martin as the company's new President and Chief Executive Officer to succeed Ron Marshall, who has left the company. The company also announced fiscal 2010 first quarter results...Read their Press Release.

More @ NY Daily News: CEO Exit Slams A&P Shares:  
Shares of A&P lost more than a third of their value yesterday, plunging to their lowest levels in decades after the struggling supermarket chain reported a gaping first-quarter loss and the resignation of its CEO.


Somerville [N.J.], Still needs a Supermarket after Pathmark's leave...

The Brooklyn Paper reports that Whole Foods has cleaned their Gowanus site, but now they're not sure if they're going to build. 

More on the Gowanus-Whole Foods relationship @ Curbed.

Loblaw (Canada) said last week that the growth of nonunion competition in Canada is forcing the company’s hand in its negotiations with labor unions...The company is currently in the midst of contract talks with four locals of the UFCW covering nearly 30,000 workers...

And Gristedes owner, John Castimatidis was 'disappointed', not being invited to Chelesa Clinton's wedding...
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Wednesday, April 22, 2009

Wal-Mart News...

A protest in Utah against Wal-MartImage via Wikipedia

Wal-Mart predicts zero waste by 2025.

Wal-Mart Stores Inc's recently retired Chief Executive, Lee Scott, took home a total of $30.2 million in the year ended January, slightly down from a year ago, as revealed by the company's proxy statement.


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