June 24, 2014 |
FOLKS AROUND 56th Street and Lansdowne Avenue in West Philadelphia called Reece Coney the "Lansdowne Avenue Griot. " The term "griot" comes from West Africa and denotes a person who is a neighborhood leader, historian, storyteller and wise man. That was Reece. "Reece was a treasure," said Jean Waites-Howard, social worker, teacher, evangelist and longtime friend. "He was a precious link in our circle. His role is irreplaceable. He was respected and loved in the neighborhood.
April 26, 2014 |
Acme Markets told its largest union Wednesday that it was unilaterally terminating its contract, effective April 30. The union, United Food and Commercial Workers Local 1776, has scheduled a 7 p.m. Monday meeting at Temple University's Liacouras Center for its 2,700 Acme employee members to discuss options: a strike, a lockout possibility, or working without a contract. "A work stoppage is always the last resort," said Wendell Young 4th, who heads the union local. He said Acme clerks have been working under the terms of a contract that expired in February 2012.
September 12, 2013 |
The massive Labor Day weekend fire at Dietz & Watson's Delanco warehouse destroyed not just the building but also two weeks' supply of deli meat, hot dogs, and hams. To make up for the loss, management called production workers in on Labor Day, even before the blaze was declared under control late that afternoon. "We have produced record amounts of product in one week," Louis J. Eni Jr., chief executive of the 74-year-old, family-owned firm, said in an interview Monday, after working through the weekend, as did the entire company.
August 10, 2013 |
Update: The winning ticket sold in Little Egg Harbor was bought by a group of 16 employees from the Ocean County Vehicle Maintenance Department, their boss confirmed Friday. They will not come foreward to claim the prize and reveal their identities until next week, said Jim Pine, the department's director. Earlier Story: Two of three winning tickets of the $448.4 million Powerball were sold in the Garden State, officials said, though as of Thursday night no one had come forward to claim the prizes.
March 23, 2013 |
Acme Markets' corporate parent, Supervalu Inc., completed the sale Thursday of five grocery chains, including Malvern-based Acme, to a group of private-equity firms and real estate investors. The price was $100 million and the assumption of $3.2 billion in debt. Operations of Acme, Albertsons, Jewel-Osco, Shaw's, and Star Market stores and related in-store pharmacies were to transfer at 3:01 a.m. Friday to AB Acquisition L.L.C., an affiliate of an investor consortium, former Chrysler Corp.
January 13, 2013
"I hear they are going to try to operationally run the stores, rather than sell them to a competitor like Kroger or Safeway. That remains to be seen. " - Analyst Michael Keara, Morningstar Inc., on the future of Acme markets, sold by Supervalu Inc. to a group of private-equity firms. "Let's not sit around and wait to be told what to do. Let's build a business. " - Chet Kanojia, founder and CEO, Aereo Inc., a new Internet-based TV service that is moving in to major markets, including Philadelphia, despite uncertainty over accordance with broadcast copyright law. "The key is not to make it a different product, but how do you make it simpler?"
November 21, 2012 |
When bankrupt Hostess Brands Inc. declared it would end its bakery business and potentially incinerate thousands of jobs with a liquidation move, I had the sense I had seen this movie already. Just two days before Friday's announcement, which set off Twinkie nostalgia while torching a nationwide strike by Hostess' unionized bakers, I had written a small blurb about another company that had faced precarious talks in Chapter 11 bankruptcy with its unions: The final three Super Fresh stores in the South Jersey suburbs of Philadelphia are being shut down by corporate parent Great Atlantic & Pacific Tea Co., according to the union representing 155 clerks who will lose their jobs.
November 4, 2012 |
Like many others with property held hostage on New Jersey's storm-ravaged barrier islands, Acme Markets operations honcho Dan Croce had to wait until Friday before gaining access to stores that had been inaccessible on Long Beach Island and in Sea Isle City. When he finally made his way to the supermarkets - with an escort, in the case of badly destroyed LBI - what Croce saw could be described only with a single word: Humbling . Both 20,000-square-foot Acmes had been sacked by floodwaters.
November 4, 2012
IN THE REGION VWR buys U.K. lab supplier VWR International L.L.C. , of Radnor, acquired Lab3 Ltd. , a scientific laboratory supplies distributor in Bristol, United Kingdom. Terms of the acquisition were not disclosed. It's the third acquisition for VWR in 2012, with previous purchases of a lab-supplies distributor in the Czech Republic and a German distributor of clean-room products. The privately held VWR had 2011 net sales of $4.1 billion. - Mike Armstrong Layoffs by Acme parent Acme Markets owner Supervalu Inc. said it would lay off 700 people at its Shaw's and Star Market supermarkets across New England by Nov. 3 in a cost-cutting move coinciding with ongoing efforts to find a buyer for the debt-addled corporation.