• Arden Group announced that it will close one of its Gelson’s stores, in Northridge, California, on February 25. The company said that the “decision to close the store was based on the lack of profitability of the Northridge location for the past several years. The Company is currently considering possibilities to assign or terminate its lease or sublet the property, but no agreement has been reached ... All currently active employees at the Northridge location will be offered employment at other Gelson’s locations.”
• More than 1,500 Zellers workers have ratified a new three-year collective agreement, according to the Canadian retailer, which also said that “the new three-year deal includes wage increases and enhanced severance pay in the case of store closure.
“Four of the Zellers stores covered by the collective agreement will be converting to Target. The unionized Target stores are located in Toronto, Oshawa and Brantford. A fifth unionized store in Windsor, which was also purchased by Target, will be converting to a Sobeys. UFCW Canada is challenging Target to abide by all provisions of the new collective agreement.”
• Jamba Juice announced that it has acquired Chicago-based premium tea company Talbott Teas. Terms of the deal were not disclosed.
• More than 1,500 Zellers workers have ratified a new three-year collective agreement, according to the Canadian retailer, which also said that “the new three-year deal includes wage increases and enhanced severance pay in the case of store closure.
“Four of the Zellers stores covered by the collective agreement will be converting to Target. The unionized Target stores are located in Toronto, Oshawa and Brantford. A fifth unionized store in Windsor, which was also purchased by Target, will be converting to a Sobeys. UFCW Canada is challenging Target to abide by all provisions of the new collective agreement.”
• Jamba Juice announced that it has acquired Chicago-based premium tea company Talbott Teas. Terms of the deal were not disclosed.
- KC's View:
