Anybody has more info?
Sweetbay - 346 cuts
Sweetbay will be acquired, and 300+ jobs will be eliminated, once bi lo consolidates its power even more jobs will be lost. Bi Lo closes stores and mgmt positions are often reduced after an acquistion - that's what's going to happen with Sweetbay -... — read more
Founded in 1961, Dutch grocery giant Royal Ahold bought Bi-Lo in 1977, as its entry to the U.S
Founded in 1961, Dutch grocery giant Royal Ahold bought Bi-Lo in 1977, as its entry to the U.S. market. In 2005, Royal Ahold sold Bi-Lo and its smaller sister supermarket chain, Bruno's Supermarkets, to Dallas investment firm Lone Star Fund. As a... — read more
The margins are dwindling, you cannot compete if you do not know what you are doing
The margins are dwindling, you cannot compete if you do not know what you are doing. We have stores closing and we are in general strategically lost - we lost every respect for our workers, folks in corporate are doing bonuses and we in the stores... — read more