Wal-Mart Gender Suit with Appeals Court
San Francisco, Wal-Mart Stores appealed a District Court ruling earlier this year that classified a gender discrimination suit against the retailer as a class action lawsuit. The U.S. Ninth Circuit Court of Appeals is expected to hear Wal-Mart’s arguments early next week. The company argues that if it is considered a class action suit, it would be unmanageable, illegal and unfair. The suit would be the largest class action suit ever, potentially affecting 1.5 million female employees.
If Wal-Mart wins the appeal, the case would be broken down into smaller suits, which would give the company greater ability to negotiate settlements. Local reporters believe the case will go to the U.S. Supreme Court.
Ahold Acquires Czech Supermarkets
Zaandam, Netherlands, Ahold announced it has reached an agreement to acquire as many as 67 Julius Meinl supermarkets in the Czech Republic. The acquisition will increase Ahold’s store count in that country to about 300. The Julius Meinl stores will be rebranded as Albert, the banner under which Ahold operates its supermarkets in the Czech Republic, Slovakia and Poland.
Pantry Expands Presence in Alabama
Sanford, N.C., The Pantry has signed a definitive agreement to acquire 13 convenience stores in Alabama from Chatham Oil Company, which has been operating the stores under the Speedmart Food Stores banner. The acquisition strengthens The Pantry’s position in Alabama, where it currently operates 25 stores. The Pantry operates 1,386 stores in 11 states under a number of banners.