Chief Executive Officer
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The fall of A&P, from 15,357 Stores to bankruptcy protection
Great Atlantic & Pacific Tea Co., which operates about 400 supermarkets under the Waldbaum’s, The Food Emporium and Pathmark labels, filed for bankruptcy protection in U.S. Bankruptcy Court in White Plains, New York. A&P listed assets of $2.5 billion and debt of $3.2 billion in it’s Chapter 11 filing. Chief Executive Officer Sam Martin of…
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Catalina Launches YourBucks® Rewards and CouponNetwork.com
Catalina Marketing Corporation announced on Monday, the launching of CouponNetwork.com. This is the company’s dedicated website aimed at helping a growing crowd of consumers who want to cut down on their grocery bills through couponing. Once shoppers have registered at CouponNetwork.com, they will have the option to customize both their brand and store preferences within…
Filed under: Coupons -
Stater Brothers Increases Its Profits Despite Stiff Competition
In a recent report, Stater Brothers Holdings Inc. stated that it was able to increase its profits for the second quarter, despite stiff competition from Latino-owned grocery stores and supermarkets. The company’s second quarter profit rose 46.6 percent, this even with competitor stores changing their strategy to displaying high-volume groceries. Nationwide, Stater Brothers currently has…
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Meet Groupon’s Largest Holder of Shares: Eric Lefkofsky
Following the initial public offering of Groupon, Inc. just recently, meet the person who owns 21% of the newly made public company, Eric Lefkofsky. Lefkofsky became a widely talked about personality behind Groupon, as his shares are three times larger than that of the company’s public face and Chief Executive Officer, Andrew Mason. It is…
Filed under: Coupons