Monday, June 11, 2012

Acme's parent company to lay of workers in CA, NV

Acme's parent company, Supervalu, announced last week that it plans to layoff 2,200 - 2,500 employees at its Albertsons supermarkets in California and Nevada later this month. Supervalu, headquartered in Minnesota, is trying to lower costs, pay down debt from its 2006 Albertsons acquisition, and compete more successfully with rivals like Safeway and Kroger.

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