Woodbridge NJ mayor talkin bout "2 nationally known fortune 500 companys in talks for warehouse space" in his town. One of them is believed to be Amazon the other I speculate is Kroger. Burkle is grooming assets to Krogers specs.(New order system CGO company wide implementation 5 year freeze plus wage cuts on UFCW contracts. Kroger can and will make this profitable. JMHO
Quit rolling out his A&P nonsense. Kroger wants no part of a failing company like this. They have reiterated on several occasions the only acquisitions they are interested in are those smaller companies that are profitable.
Yeah 30 stores that Kroger doesn't want. Walmart wants the locations. I noticed that KR filed some sale of securities 8ks, something is in the works on the acquisition front I am sure. Harris Teeter on the blocks now also.The long awaited consolidation in the NE will happen soon. I am sure KR will announce something soon especially if Burkle groomed these A&Ps and Pathmarks to their liking. JMHO.
Why would Kroger buy a garbage operation like A&P? Sorry to you folks working there trying to hold things together but A&P is only headed to one place...
Kroger wants market leadership, something A&P does not have since they keep closing stores. Also, the stores do not seem to be in the best physical condition nor to the stores seem to have a great reputation with customers. Actually, I found A&P SuperFresh and Pathmark Stores I visited last summer in PA and DE to be some of the worst grocery stores I've ever seen. Worst prices, worst cleanliness, worst service, worst fresh departments. Worse everything. I heard SVU Acme was bad, but Acme was far better than the A&P stuff I went to.