464A News
Industry Conditions, Collective Bargaining and A&P Addressed by Niccollai
March 10, 2010 - Speaking before Members at the March General Membership Meeting, UFCW Local 464A President, John T. Niccollai covered a wide range of issues from unemployment and prospects for a return to growth in the food industry to upcoming contract negotiations and current trends in collective bargaining. While sounding a cautious note, he foresaw prospects for improvement as Easter and the spring/summer seasons approach.
Kings Super Markets Implements the Guiding Star Rating System
February 17, 2010 - With 23 stores in New Jersey, Kings Super Markets has begun implementing the Guiding Star Rating System for food nutritional value. Guiding Stars rates food based on nutrient density using a scientific algorithm. Rated foods are marked with tags indicating 0, 1, 2, or 3 stars. The more nutritional value a food has, the more Guiding Stars it receives. If a food doesn’t receive a star – it means it doesn’t meet the Guiding Star criteria.
One Star indicates good nutritional value
Two Stars indicate better nutritional value
Marshall Faces Challenges at A&P
February 17, 2010 - Some of the pressing issues faced by new A&P CEO, Ron Marshall include bringing order to the iconic food brand's finances. Taking the reins of the company just after its reported $500M+ loss means that aggressive cost cutting may be the order of the day. Other equally critical challenges include bringing Pathmark more fully into the A&P company fold. The synergies expected from its integration have not yet materialized and, as some observers have remarked Pathmark's own momentum prior to its takeover by A&P has stalled.
Analysts Speculate on Marshall's Plans for A&P
February 4, 2010 - Supermarket News, a food industry publication, cites several financial analysts on what may be expected from new A&P CEO, Ron Marshall when he takes control of the company on February 8. Among the analyst’s speculations are that he will rein in capital spending and will not hesitate to dispose of unproductive stores and geographies.
A&P Names Its New CEO - To Begin Work February 8
January 27, 2010 - The Great Atlantic & Pacific Tea Company, Inc. announced the appointment of Ron Marshall as President & Chief Executive Officer effective February 8th.
A&P Says New CEO Should be In Place by March
January 26, 2010 - A&P officials have told Supermarket News, a food industry publication, that its next Chief Executive Officer should be on the job in time for the start of the company's new fiscal year beginning in March 2010. The food retailer's Executive Chairman, Christian Haub, has been serving as interim CEO since the firing of former CEO, Eric Claus, in October 2009.
A&P Secures Loan to Open Atlantic City Store
January 14, 2010 - Just after reporting a $500 million loss for the fiscal 3rd quarter A&P announced that is has secured a $1 million loan from the New Jersey Economic Development Authority to aid in opening a new store in Atlantic City. The low-interest loan is the first under a program intended to promote the development of supermarkets in areas of the state with limited access to food stores. A&P will convert a 30,500 square foot facility into a Food Basics branded supermarket using the loan and additional monies totalling $2.635 million.
Members Told of Union Efforts to Amend Healthcare Bills
January 13, 2010 - UFCW Local 464A President, John T. Niccollai advised members that representatives from a number of International Unions including the United Food and Commercial Workers (UFCW), met with President Barack Obama on Monday to press for changes to the current healthcare bills in Congress. “These bills are replete with amendments and caveats. In some ways they no longer represent the changes necessary to make healthcare more affordable and comprehensive for most Americans.
Niccollai Decries Poor A&P Financial Performance
January 13, 2010 - Speaking to members at the January 12 General Membership Meeting in Little Falls, NJ, UFCW Local 464A President, John T. Niccollai declared his disappointment with the 3rd quarter and year-to date financial performance of A&P. The Great Atlantic and Pacific Tea Co. released its financial results late Tuesday afternoon. “The company lost $502.4 million from continuing operations during the fiscal 2009 3rd quarter. I simply cannot comprehend this number.
$500 ORGANIZING BONUS, Open to all Local 464A Members
January 11, 2010 - President John T. Niccollai announces a new Organizing Initiative that could deliver a $500 check to UFCW Local 464A Members. Simply refer the name of a non-union company with 10 or more employees to the Local 464A Organizing Team. If successfully organized, your referral will qualify you for a $500 bonus.
