Homeland Holding Corp., Oklahoma City, said last week it has completed the purchase of three Bowes Price Chopper Stores in Oklahoma City. The purchases expand its presence there to 24 stores. Homeland said it anticipates increasing its presence there later this year when it completes the previously disclosed purchase of four Baker's Supermarkets, three of which are in Oklahoma City. Homeland operates 83 stores.
own cooperative and dairy and frozen foods to A&P, Montvale, N.J.
Weis Markets, Sunbury, Pa., said last week it had directed its financial advisor, Morgan Stanley Dean Witter, New York, to continue its strategic review of how the company could enhance shareholder value and/or liquidity other than by a sale of the company. "In December, we authorized Morgan Stanley Dean Witter to explore all options by which the company could enhance shareholder value," said Robert Weis, Weis Markets chairman. "Based on the review conducted by our financial advisor to date, the company concluded that transactions other than the sale of Weis Markets would best serve the interest of Weis Markets and its shareholders."
The New York State Court of Appeals, Albany, N.Y., ruled against A&P, Montvale, N.J., in a workers' compensation case involving psychiatric illness. New York State's highest court ruled that Nick DePaoli, a supermarket manager, was entitled to 18.2 weeks of workers' compensation at $400 per week, according to DePaoli's lawyer, John J. Curley. In 1994, A&P implemented several cost-saving measures at the store in Goldens Bridge, N.Y., DePaoli managed, including hiring less experienced staff, and, according to Curley, DePaoli felt pressure to work more than 70 hours a week. Curley said DePaoli had lost 35 pounds by October 1994, when he suffered what he thought was a heart attack but turned out to be what doctors diagnosed as a panic disorder. New York law excludes mental injuries from workers' compensation when the injury is the direct result of a personnel decision. But the court ruled that because A&P's personnel decisions did not effect DePaoli's own employment status and created a harmful work environment, DePaoli is entitled to workers' compensation benefits.
