Like I said they are just Sofco to us. And btw--they don't have salesmen anymore. Big companies sell to other big companies. Capitalism at its best. And that's why I'm a Republican--a RINO but Republican just the same.
Golub Corporation --small business. I am sitting here with a CEO of another very large business and a VP from the biggest firm in the area--an international firm They feel you are walking in the dark re: Golub. Everyone here is quite familar and friendly with the owners of Casa Visco, Adirondack, Sofco, and Pede. No one agrees with you.
YOU, not cicero, stated that your ceo and vp friend implied that casa visco, adirondack, sofco and pede do not agree with cicero's POSITIVE stance on golub. Which leads everyone reading this to believe that these 4 businesses YOU named think about golubs as you, your ceo and vp friend does.....in a negative light!
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
No I expressly stated small grocery businesses, florists and other small kosher businesses in Albany ie. butcher and bakeries. And none of the aforementioned businesses RELY SOLELY on PC success. It's a mutual using situation.
No I expressly stated small grocery businesses, florists and other small kosher businesses in Albany ie. butcher and bakeries. And none of the aforementioned businesses RELY SOLELY on PC success. It's a mutual using situation.
I'm willing to bet, if PC stopped doing business with many of the mentioned businesses, there would be substantial layoffs, and possible closings. When PC grows, they grow.
And none of the aforementioned businesses RELY SOLELY on PC success. It's a mutual using situation.
You know not what you speak....REALLY!!!!
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
I was recently with most of the owners of those businesses listed. Currently none of them (including me) are adding new employees to our payrolls. Everyone is working on a shoestring.
I gotta go to sleep now. It's been fun and invigorating! G'night all!
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
ROTTERDAM Tops sale may hurt Price Chopper plans BY JAMES SCHLETT Gazette Reporter
Price Chopper’s westward push could meet resistance as a multibillion-dollar private equity firm acquires a major western New York supermarket chain. Dutch global grocer Royal Ahold last week announced it will sell Tops to Morgan Stanley Private Equity. The Morgan Stanley Investment Management arm plans to retain the chain’s 10,000-person labor force and continue operating all of its Tops and Martin’s Super Food Store locations. The $310 million deal could stunt the growth plans of the Rotterdam-based Price Chopper, which had expressed interest in the Tops stores when Ahold put them on the market in November. Price Chopper President and Chief Executive Officer Neil Golub last year said he was “certainly interested in those locations.” Golub said he was examining the Tops stores, but it is not clear whether Price Chopper bid on them. “The whole issue that the company was bought en masse is reassuring for all involved,” said Jim Rogers, president and CEO of the Food Industry Alliance of New York State, a trade organization in Albany. Rogers said Morgan Stanley emerged as an unexpected winning bidder for Tops. A Price Chopper spokeswoman could not be reached for comment Tuesday. The Rotterdam chain in 2005 acquired six of 31 Tops stores Ahold sold in eastern and central New York. The sale of the remaining Tops locations, which include 71 company-owned stores and five franchise stores, would have opened markets to Price Chopper as far as Rochester and Buffalo. Price Chopper has more than 116 stores in six states, with its New York stores reaching as far west as Oswego. Tops was founded in the 1960s in the Buffalo area, where it currently has 46 supermarkets. Ahold acquired the chain in 1991. Ahold is selling the Tops brand because it only wants to be in areas where it believes it can hold the No. 1 or No. 2 positions in terms of market share. Price Chopper’s interest in the Ahold supermarkets was opposed by the United Food and Commercial Workers Local 1 and International Brotherhood of Teamsters Local 264, which represent Tops workers. The unions decried Price Chopper’s potential bid because the Rotterdam chain replaced the organized labor force at the six Tops supermarkets it acquired in 2005 with nonunion workers. The New York City-based Morgan Stanley is calling on former Tops CEO Frank Curci to revamp the under-performing supermarket chain in central and western New York and northwestern Pennsylvania. The private equity firm said it intends to consolidate Tops’ merchandising, information technology and finance operations.
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
Let's forget about the name of the businesses involve in this transaction for a minute. Let's look at it as just a plain old one business buying a failed one.
There are three creditors standing in line. Morgan Stanley, GE Capital and Tops. Now GE Capital is holding a debt amount of $70M. Ironically, GE Capital 'forgave' this debt. The bankruptcy judge also allowed this under 'upchuck's' advice. Who has who in who's pocket here?
Also there is a pension issue? $36M is owned to the pension fund. THAT IS THE CRUX OF THIS ISSUE. Not the workers keeping their jobs or who is buying what.
Upchuck is just covering his a$$ with the unions! Plain and simple.
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
The whole deal that Schumer is working on is all about keeping the stores unionized because the unions backed and contributed heavily to the Democratic campaigns. That's also why tort reform was not in the health-care bill because the lawyer lobby contributes heavily to the Dems. Pay back and redistribution of wealth is the name of the game so it's politics as usual no matter what party is in power.
The whole deal that Schumer is working on is all about keeping the stores unionized because the unions backed and contributed heavily to the Democratic campaigns. That's also why tort reform was not in the health-care bill because the lawyer lobby contributes heavily to the Dems. Pay back and redistribution of wealth is the name of the game so it's politics as usual no matter what party is in power.
ALWAYS be ready to change/update yourself.......NEVER get used to anyone covering your back/a**...........
and CERTAINLY, BEYOND A QUESTION,,,,NEVER, NEVER....trust a politician to keep our jobs-our jobs......it gives them way too much power they dont need and shouldn't have........
as far as the union sheeple----suck it up.....
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
'Upchuck' aka our government......should keep their nose out of private businesses deals. Folks, this is just the tip of the iceberg on what to expect from government involvement in private enterprise. You have the government doling out billions to private businesses. The government telling the auto industry what cars they can keep and what cars they must sell off and how much they can receive in salaries. Banks who took the bail outs are now run by the government.
They are now trying to pass a healthcare bill that will place more mandates, penalties and fees on private insurance companies and businesses to help pay for this ludicrous beast. The government is forcing businesses to lower their profit margin. These people in government are absolute idiots!
What the hell does the government think that businesses do with their 'profit margin'? They pay good wages, benefits and health care.And God forbid if it is a union business, their expenses are double/triple of the non union shop.
This is just another example of how these political parties serve the special interest groups. Lets all remember this and vote upchuck OUT!!!
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
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