Kroger Buying Shaw's?
will

Portland, ME

#677 Jun 14, 2012
An email submission to today's Morning News Beat that illustrates, in part, how Shaw's got to where it is today:

http://morningnewsbeat.com/News/News_Article_...

"Investment in pricing! That was started and stopped at Shaws in 07- SVU wasn't willing to continue the investment and was actually told to raise prices and tell employees that it was due to economic conditions...i.e. lie.

The same head merchants who attempted to turn Shaws around went on to other companies and those companies listened, learned and the results - sustainable results - are there..."
Lisa in NH

Concord, NH

#678 Jun 14, 2012
will wrote:
An email submission to today's Morning News Beat that illustrates, in part, how Shaw's got to where it is today:
http://morningnewsbeat.com/News/News_Article_...
"Investment in pricing! That was started and stopped at Shaws in 07- SVU wasn't willing to continue the investment and was actually told to raise prices and tell employees that it was due to economic conditions...i.e. lie.
The same head merchants who attempted to turn Shaws around went on to other companies and those companies listened, learned and the results - sustainable results - are there..."
Thank you for sharing that. Very interesting and it explains a great deal about why Shaws has changed the way it does business.
will

Portland, ME

#679 Jun 18, 2012
Looks like the North Conway, NH Shaw's is in for a world of hurt...

http://www.conwaydailysun.com/index.php/newsx...

http://www.conwaydailysun.com/index.php/newsx...
will

Portland, ME

#680 Jun 18, 2012
And the hits just keep on coming...

http://www.newburyportnews.com/local/x1901564...

Since: May 07

Stockbridge Mass

#681 Jun 19, 2012
will wrote:
And the hits just keep on coming...
http://www.newburyportnews.com/local/x1901564...
If I'm any of those stores in the articale I would not go into the same center as Walmart ,let alone a Super Walmart.
Big Red

Dallas, TX

#682 Jun 20, 2012
Giantone wrote:
...link....
http://moorpark.patch.com/articles/albertsons...
Albertsons announced plans Wednesday to reduce its workforce by 2,200-2,500 positions, affecting all 247 California and Nevada stores.
Moorpark is home to an Albertsons store at 475 West Los Angeles Avenue.
"A decision of this nature is never easy, but it is the necessary step for us to take to help improve our business and accelerate our turnaround," said Dan Sanders, president of Albertsons' Fullerton-based Southern California Division.
"Our goal is to more effectively serve the marketplace by scheduling associates more appropriately to serve customers at the times they shop," he said. "I am confident our team will embrace these changes and help us to compete more effectively in a rapidly changing marketplace."
The layoffs—which are set to begin June 17 and should be nearly completed near July 1—are "expected to directly impact a small number of positions at any specific store location," according to a company statement.
In February, the company reduced staff in its Fullerton store support center.
"While Albertsons' commitment to the neighborhoods it serves remains the same, the need for change at the company is clear," the company's statement says. "Albertsons has not kept pace with the changing needs of its customers for a number of reasons. At the same time, while the division has experienced a reduction in traffic and an overall decline in sales, it has not made the necessary adjustments to its store-level operations."
Albertsons executives pledged to work with the United Food and Commercial Workers union to "ensure a smooth transition for affected associates."
Albertsons, founded in 1939, is the largest retail chain in Minnesota-based SuperValu Inc.'s family of grocery stores, with 445 Albertsons and Lucky stores in Southern California, Southern Nevada, Idaho, Montana, North Dakota, Oregon, Utah, Washington and Wyoming
Albertson's completely destroyed the old Lucky chain after purchasing American Stores years before Supervalu bought Albertson's. The Lucky name was replaced with the Albertson's banner and it was all downhill from there. The senior management at Albertson's didn't have a clue what they were doing. It has been a slow moving death spiral ever since then, just like Shaw's! High prices, shrinking business, closing stores. The problems go back to Albertson's long before Supervalu came into the picture.
will

Portland, ME

#683 Jun 22, 2012
No doubt Supervalu inherited a mess that was created by Albertsons mismanagement. However, Supervalu voluntarily took on this challenge and the failure to turn things around can be placed squarely on the shoulders of Supervalu management. Supervalu has been running the show for six years now; blame-shifting at this point is not only counterproductive but disingenuous.

Since: Sep 09

Location hidden

#684 Jun 22, 2012
Will,
I think you are correct and I hate to " nit pik " but your first line is poorly written...
you say that Supervalu inherited the mess that was created by Albertsons..I know what you mean but I think that your first sentence should read "

"no doubt supervalu is to blame in that they went out of their way to buy Albertsons in spite of the cluster %^$# that it was and then failed to do the proper thing,the thing they originally intended to do and that is /was to clean up the mess and put albertsons/shaws back on track..They knew full well what they were getting into and did nothing about it "
The ceo 's and CFO's etc at Supervalu are now the laughing stock of the supermarket world ,mostly for not having the balls to stand up to stock holders,do the right thing and then take a bow for what they accoplished
will

Gray, ME

#685 Jul 11, 2012
The Shaw's-anchored Falmouth Shopping Center in Maine is to be sold. The vacant former Shaw's storefront (they moved into the former Ames in the center several years ago) is a disgraceful eyesore with fading Shaw's window stickers and dingy glass and Supervalu should clean up after themselves.

http://www.theforecaster.net/news/print/2012/...

Since: Sep 09

Location hidden

#686 Jul 11, 2012
I looked at that site a few years ago for something other than a supermarket .It was not clean then and I am sure it has gone down hill since..I would not consider it today for sure mparticularly with the state of our economy . The rental rates have not gone down in spite of our failing economy . Not a nice place to invest a million dollars !
will

Gray, ME

#687 Jul 11, 2012
***BREAKING NEWS - SUPERVALU EYES POTENTIAL SALE***

It's all over for Herkert and company after another dismal quarter. Some hope for the future at last!

http://supermarketnews.com/supervalu/superval...
Frank

Bronx, NY

#688 Jul 12, 2012
I'll say it again, Craig your done! Bye Bye. Your a joke.

Since: May 07

Stockbridge Mass

#689 Jul 12, 2012
will wrote:
***BREAKING NEWS - SUPERVALU EYES POTENTIAL SALE***
It's all over for Herkert and company after another dismal quarter. Some hope for the future at last!
http://supermarketnews.com/supervalu/superval...
I could see Ahold going after some of the Shoppers,who else might get involved?
Gameboy

Lawrence, MA

#690 Jul 12, 2012
Where is my buyout.
I would take one after 34 years with Star/Shaws.
Sell all your underperforming stores!(dont know to who)
Even if you lower prices now,as Carole King once said.
Its too late baby now its too late!!!!
SUPERVALU SCREWED UP
NO ONE KNOWS WHAT TO DO.
Frank

Bronx, NY

#691 Jul 13, 2012
Nothing to worry about, Craig says he has an "Emergency Recovery Plan" Are you kidding me. This guy is so full of meaningless sound bites. Craig, pack your shine box and don't let the door hit you on the way out. SVU has lost 72% of it's stock value since you took over. No one believes anything that comes out of your mouth you idiot.
will

Gray, ME

#692 Jul 13, 2012
At this point it's hard to say who will send Herkert packing sooner - a federal grand jury or the Supervalu Board of Directors. I originally thought Walmex's own version of Fast and Furious would do him in sooner.
will

Gray, ME

#694 Jul 17, 2012
In this environment you can get just about anything past NASDAQ, it seems. You have to wonder if anyone takes these guys seriously...

http://community.nasdaq.com/News/2012-07/supe...

The money quote:

"Shaw's Supermarkets, a wholly owned subsidiary of the grocery chain Supervalu Inc.( SVU ), recently reopened two stores, in Auburn and Lewiston, Maine. The supermarket had closed these stores in early 2009. The reopening of the stores is a part of the revamp initiatives taken up by the company."

Since: May 07

Stockbridge Mass

#695 Jul 18, 2012
Looks like C&S is getting in the picture.
will

Gray, ME

#697 Jul 22, 2012
Is Tops the new front-runner to buy Shaw's? They just bought Grand Union from C&S (which will continue to supply the stores.) This purchase brings the Tops footprint into Vermont, where Shaw's has a substantial presence. Keep in mind that C&S is investigating a purchase of Supervalu's wholesale division. Can you see the synergies forming?

http://supermarketnews.com/retail-amp-financi...
Frank

Bronx, NY

#698 Jul 24, 2012
Craig, 2.05, can you say hostel take over?

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