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Stop & Shop to Lay Off 850 Workers

BY CSA STAFF

Quincy, Mass., Stop & Shop Supermarket Co., a unit of Dutch grocer Ahold Ltd., said it would close its distribution facility in North Haven, Conn., by mid-2006, resulting in the loss of about 850 jobs. Distribution of products currently handled by the facility will be shifted to the company’s distribution center in Freetown, Mass., and to a third-party supplier, the company said.

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S.Gacho says:
Mar-29-2013 02:08 pm

It is very bad news to lay off workers. The families of the workers are really the ones most affected. The company lay off workers because they have financial problem. - Aldo Todini

S.Gacho says:
Mar-29-2013 02:08 pm

It is very bad news to lay off workers. The families of the workers are really the ones most affected. The company lay off workers because they have financial problem. - Aldo Todini

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Barnes & Noble Appoints Director

BY CSA STAFF

New York City, Barnes & Noble appointed William F. Reilly to its board of directors. Reilly has been CEO of Aurelian Communications, a special-interest publisher, since he founded it in February 2002. He served as chairman and CEO of Primedia Inc., a specialty media company, from February 1990 to 1999. He also served as a member of the board of directors of Barnes & Noble.com from 1999 to 2004.

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SEC Puts Ingles on Notice

BY CSA STAFF

Asheville, N.C., Supermarket chain Ingles Markets Inc. was put on notice by the U.S. Securities and Exchange Commission that the commission will recommend civil action against the company. In a statement, Ingles said the SEC’s Wells notice relates to vendor contracts the company entered into in 2002 and 2003 and internal accounting control issues that have been previously disclosed.

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