On January 11, Supervalu, Inc. posted a third quarter net loss of $750 million on total net sales of $8.3 billion and saw identical store sales plummeted to 2.9 percent
UFCW’s McNutt: Unions Will Seek Wage Increases In Giant, Safeway BargainingUFCW Local 400 president Tom McNutt discusses the organization’s upcoming negotiations with Giant and Safeway for new labor contracts. Lauer’s Supermarkets Founder Ed Lauer DiesLauer’s Supermarkets founder Ed Lauer passed away January 2 after a long battle against Parkinsons disease. |
 Safeway Exiting Philly With Sales, Closings Of Genuardi’sIn a long-expected announcement, Safeway Inc. said it intends to exit the Philadelphia market where it operates 27 Genuardi’s stores. The Giant/Carlisle division of Ahold USA has agreed to purchase 16 of those stores (all in Pennsylvania) for $106 million. |
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Photo GalleryRavitz Family Foundation Holiday Party: The Ravitz Family Foundation holiday party was held last month at Chickie & Pete’s in South Philadelphia. These members of the Ravitz family welcoming guests are (l-r): Brett, Lauren, Debbie and Shawn Ravitz. |
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