Albertson's closing

Clients flee Cerberus. They are bolting for the door, clinching one of the highest profile falls from grace. They( investors) are withdrawing 5.5 million, 71 % of hedge fund assets.
Well isn't that great. I wonder if the Division office and store directors are still so smug about a privately owned company! We wont have any problems, ha ha. That bit them in the a**.

there are no millions to cerberus... 5.5 billion.
hope they lose it all. evil folks.

All Albertsons stores in the state of Utah were bought earlier this month by Associated Foods. They are closing about 4 stores in the Salt Lake Area and the take over is to take place within 30 days. I have no idea if this will be a good thing or a bad thing

With the exception of about 4 stores, which will be closed, all of the Albertsons stores in Utah were purchased by Associated Foods earlier this month.

Sorry for the double post. I did not think the first one got posted so I posted again, sorry about that.

Hedge-fund investors are leaving once-vaunted investment firm Cerberus Capital Management in droves, the Wall Street Journal reports. The firm, whose acquisitions of Chrysler and GMAC turned disastrous, is seeing $5.5 billion in capital—or 71% of its hedge fund assets—walk out the door. "We have been surprised by this response," says CEO Stephen Feinberg

i just hope my store hold out until april when i go on maternity leave then i am done woohoo

Sedano’s Supermarkets Expands to Orlando

The Orlando area store locations are: 1100 N. John Young Parkway, Kissimmee, FL 34741; 12981 S. Orange Blossom Trail, Orlando, FL 32837; and 5660 Curry Ford Road, Orlando, FL 32822.

here's the link
http://www.businesswire.com/portal/site/googl ...

I feel bad for those associates Good luck ya'll

Albertsons LLC informed state labor officials that it plans to lay off 246 workers at three Orlando-area supermarkets.

http://orlando.bizjournals.com/orlando/storie...

wow

I hear more stores are going to open in south LA. Any word?