Union rep says jobs safe when local groceries become Acmes
Source: Atlantic City
By BRIAN IANIERI
The president of a Mays Landing-based food workers union says employees of four South Jersey grocery stores owned by parent A&P will keep their jobs under new ownership by Acme Markets.
The Great Atlantic & Pacific Tea Co., which owns Super Fresh and Pathmark brands in Atlantic, Cape May and southern Ocean counties, recently filed a state-required mass layoff notice identifying 509 employees working at those four locations.
The struggling supermarket chain filed for bankruptcy protection in July as it sought to sell and shed many of its stores, and shortly after Acme said it wanted to buy those four stores as part of a 76-location deal.
Brian String, president of United Food and Commercial Workers International Union Local 152, said the recent state Labor and Workforce Development filing was strictly a formality in the region.
FULL story at link.
Dale Gerhard
The SuperFresh market on 8th and West in Ocean City, may be bought by Acme Markets. Acme Markets plans to buy supermarkets in Atlantic, Ocean and Cape May counties as part of the purchase deal for 76 A&P stores in Connecticut, Delaware, Maryland, New Jersey, New York, and Pennsylvania under the A&P, Superfresh and Pathmark banners. Wednesday July 22, 2015.
Read more: http://www.pressofatlanticcity.com/business/union-rep-says-jobs-safe-when-local-groceries-become-acmes/article_42f4d6b2-4a8b-11e5-8754-9387e400dd0e.html
bucolic_frolic
(43,287 posts)A&P was such an institution ... Ann Page, Jane Parker, brands, fresh
baked and packaged pound cakes, cookies ... wooden floors in the 1960s
I think Acme is owned by private equity firm now, or was partially.
Our food chain owned substantially by foreigners or wealth
Ahold, ALDI, WMT, Delhaize
Food chains have been churned as conglomerate parts since Safeway
in the 1920s
But Kroger seems to keep going independently and it bottomed and bounced
up $7 today after the market plunge
bekkilyn
(454 posts)nt