the other day I overheard part of a conversation by grocery store employees

[ensho]

if I heard right, a large number of a chain's stores are to be closed.

not sure which chain they were talking about. they were discussing their jobs. they may have been venders bringing in products and not the stores employees.

anyway, have you all heard anything about this? (a few yrs. ago this was an issue, but not lately)

[Hydra]

1. Expect a snowball effect coming

Unless someone does something to unfreeze the currency flow, lots of people will be out of work, and lots of people will therefore be on the street starving.

[PassingFair]

8. That's why "I'm voting Republican"...

:sarcasm:


http://www.youtube.com/watch?v=FiQJ9Xp0xxU

[Whoa_Nelly]

2. Winn-Dixie?

Article here:
http://www.nytimes.com/2005/06/22/business/22grocery.html

[ensho]

5. wow! that's a lot of stores, jobless people, and gas use to further stores

thanks for article

[rurallib]

3. Another effect - soon we will all have but one grocery chain to

shop at. Let's talk monopoly.
When I was a kid my town of 30,000 had no less than six chain groceries. Now the area is @120,000 and there is essentially one and one much smaller competitor. And surprise, surprise their prices are very high.

[lpbk2713]

4. Publix bought 29 Albertson's stores in Florida.

Link: http://www.bizjournals.com/tampabay/stories/2008/06/09/daily21.html


An Albertson's distribution center will also close.

[ensho]

6. didn't know that - thanks

nt

[lpbk2713]

17. I just noticed my own typo ...

As per the article ... Publix bought 49 of Albertson's stores. Twenty-one of which are in the Tampa Bay area.

And some times when a chain buys stores from a competitor they shut them down, just to do away with the competition. Raising prices soon follow. :eyes:

[napi21]

7. I know they're not grocery, but Linens & Things is to close all their

stores and file non-restructuring bankruptcy.

Bi-lo grocery chain closed all their stores here in N Ga. over a year ago. Winn-Dixie also moved out of this area, and I've heard rumors they are not doing very well with their remaining stores.

My husband is a meat cutter for a large SE supermarket chain, and although they are still profitable, they've been cutting hours, and sales are down. He told me most people are now buying things like chicken and reg. gr. beef instead of roasts, steaks, etc. His store is in a fairly wealthy area, but the economy is hitting everyone.

[asjr]

9. I heard yesterday Goody's is

closing shop.

[alfredo]

10. The stores are going to close their gas stations too. Also farmers sold off

a lot of their cattle this year. Expect the price of meat to skyrocket next year.

[ensho]

11. that's telling - selling off their cattle - a canary/cow

nt

[alfredo]

14. Corn is expensive (ethanol), drought cut the hay crop.

[Skidmore]

16. Add to that the fact that many farmers in the Midwest have not been

able to get their crops into the fields due to flooding or the soil being too wet to plow.

[alfredo]

18. It's gotten worse with the recent flooding.

[ensho]

12. this will mean that people will have to travel further and less times to

acquire grocerys.

[Romulox]

13. Grocery jobs used to be good, unionized jobs. Thanks again for shopping at Wal Mart! nt

[librechik]

15. Home Depot, Bed Bath & Beyond and Linens n Things all going bye bye in my neighborhood

Compusa already vacated