Venezuela fast-track..?
Everything Obama touches turns to crap.
I hope the people that voted for this jackass not only once but twice are really enjoying their life.....
Forced them how? The article doesn’t say. Why is anyone in the private sector listening to this twit much less following his orders?
Article is a tad light on details...
like helium...
Remember Pontiac? They were just starting to crank out some good cars before 0bama forced them GONE as part of the GM bailout. I guess the Pontiac product was just too white.
Sounds kind of Solyndrical in failure mode.... Throwing money into a bad bucket.
Oh yeah and all those auto dealerships were CLOSED EXCEPT the ones run by leftists.
Take control of a perfectly good business, steal it blind and milk it for all it's worth by taking out loans and stripping assets and then, when it is about to go bankrupt and insolvent, burn it to the ground for the insurance money
That is good. Let the sobs starve to death.
Kind of a stretch that they were forced by Obama. This sort of selling of in certain markets has been going on regardless of type of business for decades. Especially prevalent as of the past 5-10 years has been cable providers.
Here are the details:
http://www.seattletimes.com/business/retail/haggen-wants-to-close-100-additional-stores/
Eight months from the forced divestiture by the obama administration until most of those stores were closed.
I’m not sure that you can blame Obama if a company finally figures out that it doesn’t want to be in California and that it made a really stupid decision. Poor management decisions should have consequences. Gping from 18stores to 164 stores is like going from the kiddie pool to trying to swim the English channel. http://www.haggen.com/press-releases/haggen-expands/
Probably gave a great big golden parachute to the idiot that thought that that was a good idea.
How did Obama do such a thing? He has no say with anyone outside of the Executive Branch.
Obama Jinx going strong
Amazingly....the LAT failed to mention how BO “forced” Albertson’s & Safeway to sell to this other grocer?
creating food deserts one community at a time
I would go across the 101 freeway to Albertsons to shop while on my lunch from work. It is about a mile away.
Early this year they switched to Haggen’s. The prices were higher right away. The first day I talked with another customer who noticed this too and he says they are known for high prices.
I noticed the same employees but in a different employer shirt. Months go by and those same employees are gone. Haggen’s cut their hours to 29/hr to cut costs and of course obamacare. You cannot make a living on 29 hour work week!
The store was nearly empty when I would go every a week at noon. Haggen’s also made sure the employees who quit could not work at any other grocery chain as they had them sign a 1 year non compete clause. The union abandoned them.
Last week I overheard a group talking and one asked when their layoff date was. It was 2nd week of October.
The shelves were half empty for bread and several other aisles for other items like chips and soda. I notice today that in the meat dept, under the glass, it was half empty.
Haggen’s bit off more then they could chew and thousands of people are losing their jobs because of very poor management.
There are 6 other grocery stores within 3 to 5 miles I could drive to with a range of prices. Gelson’s is the most expensive while Ralph’s and Vons the least. Not counting Target a half mile away.
Also: Government meddling led to empty Haggen stores, laid-off grocery workers
http://www.dailynews.com/government-and-politics/20150828/government-meddling-led-to-empty-haggen-stores-laid-off-grocery-workers
Fortunately, my local Albertson’s (in place for ~30 yrs.) has not been affected. During this year they have completely refurbished the store, adding a Starbucks, fresh sushi, bakery, produce, fantastic deli, seafood and meat depts. They have a great pharmacy, wine and beer selections, as well as attire supporting the Rangers & Cowboys.
It’s a much better store than the Target, Kroger stores only a block or two away. I shop WalMart for cheaper prices on some items weekly, but hit the Albertson’s 2-3 times a week.