• Wakefern Food Corp. announced that it has been chosen by New York City-based Food Bazaar Supermarkets to fulfill its dairy, frozen food, grocery, health and beauty, non-foods and specialty grocery product needs for its 16 locations throughout New York, New Jersey and Connecticut. Additionally, Food Bazaar has been approved to carry the ShopRite private label line of products, including its Specialty Imported items, in all of its stores.
• The Wall Street Journal reports that a bankruptcy judge has approved a $750 million financing package for the Great Atlantic & Pacific Tea Co. (A&P), which the company hopes will help it exit Chapter 11 protection.
According to the story, “The money is a linchpin of A&P's bankruptcy-exit proposal, a final hearing on which is set for next month.” The judge also said that “A&P could close an additional 14 of its stores, bringing the number of stores it has closed or plans to close to near 50.”
• The Los Angeles Times reports that “as sales of electric cars begin to pick up, retailers nationwide are installing electric vehicle charging stations in their parking lots so customers can plug in and juice up their vehicles while browsing inside.” Among the retailers cited in the story: Walgreen, Macy’s, Kohl’s, and Best Buy.
• The Wall Street Journal reports that a bankruptcy judge has approved a $750 million financing package for the Great Atlantic & Pacific Tea Co. (A&P), which the company hopes will help it exit Chapter 11 protection.
According to the story, “The money is a linchpin of A&P's bankruptcy-exit proposal, a final hearing on which is set for next month.” The judge also said that “A&P could close an additional 14 of its stores, bringing the number of stores it has closed or plans to close to near 50.”
• The Los Angeles Times reports that “as sales of electric cars begin to pick up, retailers nationwide are installing electric vehicle charging stations in their parking lots so customers can plug in and juice up their vehicles while browsing inside.” Among the retailers cited in the story: Walgreen, Macy’s, Kohl’s, and Best Buy.
- KC's View:
