What will happen to the Divisions; the Stores; the Manufacturing Plants (Lucerne, Bread, etc...) the employees, and the Unions? I'll tell you readers this much. I bet Steve Burd is very damn glad to be out. Just in time! I can just see it.
"Here Bob Edwards! You can have it not that my legacy is fixed, and pretty good!"
I think Safeway not owning itself, is a recipe for absolute disaster. We'll see. But my very amateur hopes are not up. What does anyone else think? Please email me, and let me know. email@example.com Vancouver, WA. Bob Brn.
The company is in a death spiral...each sale will shrink the company and drive up fixed cost....which will result in a sale ...
seeing as how the top executives have bailed out on the company and sold their stocks,at a tidy sum i might add,i dont see this company surviving very much longer.
They forgot the importance of the P's: people, product, price.
Genardi's is gone, Dominick's and next up is Randal's Tom Thumb. A West Coast company cannot run a Midwest / East coast business
randall's/tom thumb will be next either by selling or closing
They will probably get more money for the stores if they sell the rights outright than the whole chain of stores. Will have to wait and see.
Someone would step in with money.
Randall's/Tom Thumb next on the block. $$$'s invested in the West Coast/Phx/East Coast & Colorado.
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