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Price Chopper & Market 32 chain SOLD
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Moreover
June 1, 2016, 8:51am Report to Moderator
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well, after all the rumors over the years...it happened...Golub got the right $$$$ and now they can retire with a smile and they achieved their goal...

now, many positions will change and others will be replaced...and there may be some losing their jobs....or can retire with  lucrative funds.

it was in the works when some lost their jobs a few months back...

Good luck to the Golubs and to those who will remain with who has bought the chain.....it's been a great ride.
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bumblethru
June 1, 2016, 9:04am Report to Moderator
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they, the new owners, will outsource......trucking, maintenance and the distribution center.

the new owners will shrink their operating costs.

stock options, benefits and pensions will all change.


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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joebxr
June 1, 2016, 9:21am Report to Moderator

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Cerberus is all about $$$$$. They were last major owners of Chrysler before melt down.
If I'm not mistaken, they own Remington Arms currently. Historically they are a profit
number 1 organization from articles I've read.


JUST BECAUSE SISSY SAYS SO DOESN'T MAKE IT SO...BUT HE THINKS IT DOES!!!!!  
JUST BECAUSE MC1 SAYS SO DOESN'T MAKE IT SO!!!!!  
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bumblethru
June 1, 2016, 11:15am Report to Moderator
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Quoted from joebxr
Cerberus is all about $$$$$. They were last major owners of Chrysler before melt down.
If I'm not mistaken, they own Remington Arms currently. Historically they are a profit
number 1 organization from articles I've read.


agree.


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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HarryP
June 1, 2016, 7:28pm Report to Moderator

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Well, now that's it's fully public, yes.  They will retain the chopper name ... market 32 is a separate sale, to Kroger's.


We are advised NOT to judge ALL Muslims by the actions of a few lunatics, but we are encouraged to judge ALL gun owners by the actions of a few lunatics.   Funny how that works.
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bumblethru
June 1, 2016, 8:14pm Report to Moderator
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Quoted from HarryP
Well, now that's it's fully public, yes.  They will retain the chopper name ... market 32 is a separate sale, to Kroger's.


the entire chain is suppose to be renamed market 32......no?


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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HarryP
June 2, 2016, 3:26am Report to Moderator

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Quoted from bumblethru


the entire chain is suppose to be renamed market 32......no?


No, that was never the plan


We are advised NOT to judge ALL Muslims by the actions of a few lunatics, but we are encouraged to judge ALL gun owners by the actions of a few lunatics.   Funny how that works.
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joebxr
June 2, 2016, 4:32am Report to Moderator

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Quoted Text
ALBANY, N.Y. —So long Price Chopper.  Hello Market 32.

The Golub Corporation announced Tuesday a new name for the chain's stores across New York and New England.

According to the company, the name change represents the next step for the evolving company.

"We have evolved from the Public Service Market to Central Market to Price Chopper by responding to customers’ changing needs over time and Market 32 is the next natural progression for us," Neil Golub, Price Chopper’s executive chairman of the board, said.

Three Price Chopper stores will initially be converted into Market 32 stores, including the store in Pittsfield.

The company says the first "ground up" Market 32 will be built in Sutton beginning on Nov. 12.

More than half of the 135-store chain will be converted within five years at a cost of more than $300 million.

The company says Market 32 will "focus on delivering a distinctively different shopping experience" to customers.  

The company said more details on the differences in the new store concept would be unveiled in the coming months as store conversions begin, but promised expanded food service options, an enhanced product mix and a re-emphasis on customer service.


JUST BECAUSE SISSY SAYS SO DOESN'T MAKE IT SO...BUT HE THINKS IT DOES!!!!!  
JUST BECAUSE MC1 SAYS SO DOESN'T MAKE IT SO!!!!!  
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HarryP
June 2, 2016, 4:39am Report to Moderator

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As far as we were told, Market32 was for specific locations only - Altamont/Eastern/ locally were never planned as M32 locations.  

In fact, our Latham store is unique unto itself as a M32 location - no other store will compare with this stores initial build out.

Every plan changes ... obviously Neil Golub's did too


We are advised NOT to judge ALL Muslims by the actions of a few lunatics, but we are encouraged to judge ALL gun owners by the actions of a few lunatics.   Funny how that works.
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HarryP
June 2, 2016, 4:40am Report to Moderator

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joebxr - what was the date on the story you quoted?


We are advised NOT to judge ALL Muslims by the actions of a few lunatics, but we are encouraged to judge ALL gun owners by the actions of a few lunatics.   Funny how that works.
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joebxr
June 2, 2016, 12:03pm Report to Moderator

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Quoted from HarryP
joebxr - what was the date on the story you quoted?


AUG 2015
http://www.wcvb.com/money/pric.....o-market-32/29658586


JUST BECAUSE SISSY SAYS SO DOESN'T MAKE IT SO...BUT HE THINKS IT DOES!!!!!  
JUST BECAUSE MC1 SAYS SO DOESN'T MAKE IT SO!!!!!  
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senders
June 5, 2016, 2:23pm Report to Moderator
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Local business owners are starting to pack up:

Conclusion

Increasingly, taxpayers and businesses are beginning to realize that, as Professor Jack Van Der Slik has summarized for much of the academic community, state-sponsored gambling "produces no product, no new wealth, and so it makes no genuine contribution to economic development" (Van Der Slik 1990). Business-economic history supports this proposition. The recriminalization of gambling activities occurred 100 years ago after a brief gambling boom following the Civil War. Most state legislatures utilized constitutional provisions to recriminalize gambling, because lawmakers wanted to make it as difficult as possible for future generations to experiment with the classic "boom and bust" cycles and the concomitant socioeconomic negatives occasioned by legalized gambling activities. To paraphrase Georg Hegel's common quote, "those who forget the lessons of economic history are condemned to relive them" (Bartlett 196.


...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

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senders
June 5, 2016, 2:25pm Report to Moderator
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Despite its gambling industry, Atlantic City still has trouble sustaining even a single grocery store.


...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

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joebxr
June 6, 2016, 3:52am Report to Moderator

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BWAHAHAHA...gambling is a transient industry...why would gamblers be looking for grocery stores?????


JUST BECAUSE SISSY SAYS SO DOESN'T MAKE IT SO...BUT HE THINKS IT DOES!!!!!  
JUST BECAUSE MC1 SAYS SO DOESN'T MAKE IT SO!!!!!  
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senders
June 7, 2016, 6:19pm Report to Moderator
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local business leaving so as not to be caught in the sh!t left by the casino.


...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

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